Washington Examiner
Social Security benefits could be shrinking as soon as 2035, according to actuaries for Social Security and Medicare.
More than 70 million people in the United States rely on Social Security benefits, but with a decreasing number of people buying into it combined with an aging population, the program could see cuts. The actuaries for Social Security and Medicare warned that if Congress does not fund the growing gap, the value of the checks could decline.
Future beneficiaries of Social Security checks could receive $325 less per month 11 years from now in 2035. Medicare is expected to run dry by 2036 unless addressed by Congress.
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