The Social Security fund will run dry in 2033, unless Congress combines the program’s old-age and disability funds, in which case insolvency would arrive in 2034, the report fou

Social Security is dipping into its trust fund to pay current retirees, with spending outpacing its revenue from payroll taxes.

That’s when the trust funds that underpin Social Security and Medicare are due to run low, which will mean that benefits get cut by a statutory amount. While Social Security gets most of the attention now,