Senator warns ‘clock is ticking’ as Social Security funds run drySocial Security's 3.6% COLA for 2027 aims to help retirees manage inflation, but Sen. Bill Cassidy says larger benefits could accelerate the trust fund's depletion.Fox Business2d agoWhole story →EconomyGovernmentBill Cassidysocial security funding shortfall
Senator warns ‘clock is ticking’ as Social Security funds run drySen. Bill Cassidy warns the 3.6% Social Security COLA could drain the trust fund faster, leaving Congress roughly five and a half years to act before retirNewsBreak2d agoWhole story →EconomyBill CassidyHR 5345social security cola announcement
