Trump's Big Bill Could Push Social Security Benefit Cuts Forward
A Motley Fool analysis warns Social Security isn’t bankrupt, but its Old‑Age and Survivors Insurance reserves are projected to run dry by 2033, potentially forcing benefit cuts of up to about 23%. The 2025 Big, Beautiful Bill (BBB) provides temporary tax breaks while reducing payroll‑tax receipts, which the Office of the Actuary says could widen the program’s funding gap by roughly $168.6 billion over 2025–2034 and move reserve depletion forward to late 2032—effectively speeding up the timeline for cuts. With most retirees relying on benefits and demographic pressures (aging population, low birth rates), policymakers face urgent action.
