Social Security shortfall expected to accelerate, with funds at critical low in 2032
The Social Security trust fund is projected to run low on funds starting in 2032, with the announcement attributing this situation to the effects of the Trump administration's immigration policies and tax cuts.
Social Security’s trust fund is now due to run low on money beginning in 2032. And in announcing that new date Tuesday, the government acknowledged that the Trump administration’s immigration policies and tax cuts are expected to contribute to the insolvency.
