New Social Security worries spark backlash from AARP advocates

An annual Social Security report from the Trump administration has found that Social Security will be fully solvent only until 2032.

“The Old-Age and Survivors Insurance (OASI) Trust Fund will be able to pay 100 percent of total scheduled benefits until the fourth quarter of 2032, one quarter earlier than projected last year,” the report reads.

“At that time, the fund’s reserves will become depleted, and continuing program income will be sufficient to pay 78 percent of total scheduled benefits,” the report continues.

In other words, Social Security’s inevitable insolvency is now a year closer than before — and not just because another year has passed.

Is everyone paying attention? We have just SIX YEARS before Social Security is insolvent.

Congress needs to stop burning money on fraud and crappy programs, balance the budget, and PROTECT Social Security so we can keep our promises to American seniors. pic.twitter.com/rZPB707mSy

— Rick Scott (@SenRickScott) June 9, 2026

Much like Sen. Rick Scott did in the tweet above, AARP CEO Myechia Minter-Jordan responded to the report by calling for Congress to take action.

“This should be a wake-up call: Congress needs to act,” she said in a statement. “Americans have worked hard and paid into Social Security their entire lives, and they deserve to count on it when they retire. No family should see any cuts to what they’ve earned in Social Security.”

“Today, more than 71 million people rely on Social Security, and as America ages, ensuring it stays strong will become even more critical. The 125 million Americans age 50 and older have made clear: cutting Social Security or Medicare is not an option. This is money Americans have earned over a lifetime of hard work,” she added.

However, in her statement, she included something that isn’t necessarily true: “Social Security isn’t going bankrupt, but Congress needs to act to protect and strengthen it now and in the future.”

Rich Johnson, the vice president of financial security with the AARP Public Policy Institute, said something similar during a press call last month.

“It doesn’t mean that Social Security will stop paying benefits. It does not mean the program is bankrupt,” he maintained.

Yes, it is going bankrupt — and the reason why is that America has a spending problem, not a revenue problem. In fact, fixing it through the revenue means — which is preferred by Democrats — would negatively impact working-class Americans.

The Cato Institute notes, for example, that fixing the problem through raising payroll taxes would require “a 34 percent increase, raising the current 12.4 percent payroll tax rate immediately and permanently to 16.65 percent.”

“For a median worker in 2026, that tax increase would amount to roughly $2,900 per year, raising the worker’s payroll tax burden from about $8,465 today to $11,365,” according to the Institute. “That far exceeds what Americans say they are willing to pay: 77 percent of [survey] respondents … said they would be unwilling to pay even an extra $1,300 in annual payroll taxes to fix the program.”

The thieves in our Government do not deserve another penny of tax payer fund until they stop funding the waste, fraud and NGO’s that are robbing us blind. We don’t have a Social Security problem we have a Gov spending problem.

— Patriotic 🇺🇸Suzanne⭐️⭐️⭐️ (@suzost) February 20, 2026

As for why the insolvency date has grown closer, the Social Security report cited stricter immigration policies (meaning fewer illegal aliens), lower fertility rates, and the One Big Beautiful Bill.

The report blamed the OBBB because Republicans included tax cuts in it, and as noted earlier, Democrats believe the Social Security crisis is a revenue problem, not a spending problem.

Speaking of Democrats, their primary focus right now is complaining about the 7,500 Social Security Administration jobs, many of them in customer service, that were cut by the Department of Government Efficiency last year.

“DOGE cut around 7,500 employees from the agency, and the results of these cuts have been catastrophic – driving up wait times for phone services and in-person field office appointments,” a Democrat report published in April reads.

“Some rural field offices have reportedly been left with such limited capacity that they are effectively closed – unable to carry out the in-person services millions of older Americans and people with disabilities rely on,” the report continues.

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