Social Security cuts could affect more than 15% of people in 47 states, with benefit losses likely to exceed $500

Social Security cuts could affect more than 15% of people in 47 states, with benefit losses likely to exceed $500

According to the Committee for a Responsible Federal Budget (CRFB), Social Security’s retirement program currently provides benefits to 63 million Americans, including retirees, spouses, dependents and survivors. The United States has known for 42 years that without changes, Social Security would eventually face financial difficulties. For the past 16 years, the Social Security retirement program … Read more