SOCIAL SECURITY NOT BANKRUPT? BUT A 2032 DEADLINE IS RAISING ALARMS, New federal projections warn retirees could face automatic 22% benefit cuts if Congress fails to act

C & P Newswire

WASHINGTON, D.C. — For millions of Americans who rely on Social Security to pay for housing, groceries, medicine, and everyday necessities, a new federal warning has reignited a national debate over the future of retirement security.

Contrary to widespread rumors circulating online and in public conversation, Social Security is not going bankrupt. Checks are not expected to disappear. But according to the latest annual trustees report, the nation’s primary Social Security retirement…