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Social Security benefits face big cuts in 2033 if Congress doesn't act

NPR

By Laurel Wamsley,

Leila Fadel

Published June 19, 2025 at 4:59 AM EDT

The Social Security trust fund is expected to run out of money by 2033, according to a new report. Unless Congress acts before then, benefits for millions of retirees will be cut by 23%.

Copyright 2025 NPR

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NPR National News

Laurel Wamsley

Laurel Wamsley is a reporter for NPR's News Desk. She reports breaking news for NPR's digital coverage, newscasts, and news magazines, as well as occasional features. She was also the lead reporter for NPR's coverage of the 2019 Women's World Cup in France.

See stories by Laurel Wamsley

Leila Fadel

Leila Fadel is a national correspondent for NPR based in Los Angeles, covering issues of culture, diversity, and race.

See stories by Leila Fadel

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