We've seen threats to Social Security before — but it's different this time (opens in new tab)

for Social Security and Medicare publishes its annual financial report. And every year, its members make clear that the programs’ reserves will be exhausted by the time Gen X retires – meaning they will no longer be able to pay full scheduled benefits by the mid-2030s.While many media outlets cover this news as a one-day story, this year’s report should be seen as a much more ominous warning. , released on June 9, 2026, is that the Social Security trust fund will be depleted by 2032, at which...