Social Security Insolvency Moved to 2032 as $1.1T Healthcare Cuts and Fed Chair Transition Loom
The One Big Beautiful Bill Act accelerates Social Security fund depletion to 2032, triggering automatic 30% benefit cuts. Concurrent $1.1T Medicaid/ACA reductions, expanded tax deductions cutting federal revenue, and Jerome Powell's May 2026 departure create compounding fiscal and monetary policy uncertainty.
ViaNews Editorial Team (Markets)•