Social Security faces benefit cut in 2032 if Congress doesn’t fix funding shortfall - States impacted the most

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1. Tue, 4 August 2026

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   • fox26houston.com14:55first to report
     Social Security faces benefit cut in 2032 if Congress doesn’t fix funding shortfall - States impacted the most

     Social Security’s retirement trust fund will face a funding shortfall in 2032, a year earlier than last year’s projections. If Congress doesn’t act, the "go-broke" date would trigger an automatic cut to benefits. See the projected financial impact for each state if the fund goes insolvent.