{"id":634827,"date":"2026-10-19T01:36:17","date_gmt":"2026-10-19T01:36:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/634827\/"},"modified":"2026-10-19T01:36:17","modified_gmt":"2026-10-19T01:36:17","slug":"the-looming-social-security-cliff","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/634827\/","title":{"rendered":"The looming Social Security cliff"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/social-security\/\" data-type=\"post_tag\" data-id=\"796\">Social Security<\/a> benefits will shrink beginning in 2032 unless Congress changes the law because, at that point, the Social Security trust fund will run dry.<\/p>\n<p class=\"wp-block-paragraph\">To address this problem, Congress may raise taxes, change the formula that determines benefits, or simply add to the federal deficit and national debt.<\/p>\n<p>      Real journalism.Trusted by millions.<\/p>\n<p class=\"we-copy\">\n        Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.\n      <\/p>\n<p>    Trusted reporting.Unlimited access.<\/p>\n<p class=\"we-deck\">\n     Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.\n    <\/p>\n<p>    <a class=\"we-cta\" href=\"https:\/\/www.washingtonexaminer.com\/subscribe\/digital\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n      Get Unlimited Access<br \/>\n      \u203a<br \/>\n    <\/a><\/p>\n<p class=\"we-member\">Already a member? <a href=\"https:\/\/www.washingtonexaminer.com\/sign-in\" rel=\"nofollow noopener\" target=\"_blank\">Log in<\/a><\/p>\n<p class=\"we-cancel\">Cancel anytime.<\/p>\n","protected":false},"excerpt":{"rendered":"Social Security benefits will shrink beginning in 2032 unless Congress changes the law because, at that point, the&hellip;\n","protected":false},"author":2,"featured_media":634828,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245,294,1050,1051,5018,2373,70551],"class_list":["post-634827","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance","tag-retirement","tag-social-security","tag-social-security-administration","tag-stocks-and-bonds","tag-taxes","tag-treasury-department"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/634827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=634827"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/634827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/634828"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=634827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=634827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=634827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}