Social Security Insolvency May Hit 2032 as $5.5T Deficit Bill Threatens Fed Independence
The One Big Beautiful Bill Act will add $5.5 trillion to national debt by 2034, potentially accelerating Social Security trust fund insolvency from 2035 to 2032. Jerome Powell's Fed Chair term expires May 2026, raising investor concerns about monetary policy independence as debt pressures mount and presidential loyalty demands clash with market credibility requirements.
ViaNews Editorial Team (Markets)•