Washington Just Shaved Months Off Social Security’s Life — And No One in Power Is Blinking

The Insolvency Date Moves Closer The clock on Social Security’s solvency just ticked forward — in the wrong direction. Thanks to the freshly minted One Big Beautiful Bill Act (OBBBA), the program’s two main trust funds — Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) — will now run dry in the first quarter of 2034, not the third, as previously projected. Let that sink in: in eight and a half years, 62 million Americans will face an automatic 24% benefits cut, not because of some “unforeseen” catastrophe, but because Washington deliberately rewired the tax code while promising the math still worked. How the Numbers Break Down The Social Security Administration’s Chief Actuary, Karen Glenn, spelled it out in…