The Social Security Board of Trustees has warned for decades that unless Congress acted, the Trust Fund would run dry.
Now, the crisis is almost here.
In less than eight years, retirees will face a mandatory 20% cut in benefits—simply because Congress refused to act.
Here’s the problem: the Social Security Trust Fund isn’t a traditional savings account.
When you pay payroll taxes, that money isn’t saved for your retirement—it’s immediately spent on current retirees. For decades, the government collected extra payroll taxes to build a surplus of $2.85 trillion. The idea was to cushion the system against a wave of retirees.
But instead of protecting that surplus, Washington converted it into Treasury notes and spent it.
Every dime is gone—replaced with IOUs the government owes to itself.
While the bonds earn interest, this system has left Social Security vulnerable. Budget fights, rising debt, and political opportunism now threaten the benefits seniors earned with a lifetime of work.
Critics even misrepresent the Trust Fund as a source of the national debt, fueling calls for “reform” that would punish retirees. But the truth is simple: Social Security funds itself.
The real problem is politicians using the program as their personal credit card.
The Seniors Center is fighting back. We believe every penny paid into Social Security should be used only for benefits—not for pet projects or government bailouts.
We demand Congress restore the surplus and take Social Security off the federal budget, protecting it from reckless borrowing and political agendas.
Retirees earned their benefits. It’s time Congress stopped raiding them.
Help The Seniors Center Protect the Future of Social Security
The Seniors Center is committed to finding solutions to strengthen and protect the Social Security Trust Fund. Social Security is a contract between citizens and the government. Money deposited in the Trust Fund should only be used to pay benefits to eligible recipients.
The Seniors Center is demanding Congress finally put a stop to the careless borrowing and spending by greedy politicians that has put our Trust Fund and our secure retirement in jeopardy.
At The Seniors Center, our goal is to help seniors, and we’re doing that by protecting the future of Social Security. Retirees shouldn’t have to worry about losing their hard-earned benefits to taxes or the agendas of greedy politicians.
