Social Security Crisis Deepens: PROMISE Act vs. AARP
Trust fund depletion projected for 2032 with 22% automatic cuts. PROMISE Act introduced to force a vote; AARP strongly objects, calling for regular order and transparency. Congress deadlocked. FY2026 budget shows $1.9T deficit, interest payments surpassing defense spending. Sen. Cassidy broke with White House on vaccine policy, adding to pressure on Congress over solvency warnings.
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Updated Aug 18, 2026