The looming Social Security cliff and a tight Texas Senate race

What BBN said about it

1. 

   Hank Ledger · Lead AnchorSocial Security's main trust fund runs dry in the fourth quarter of twenty thirty-two, according to the Washington Examiner, which is one quarter earlier than last year's projection.

2. 

   Chip Darnell · U.S. News AnchorSix whole years to get ready, Hank! That's plenty of time, and I love a deadline with a long runway.

3. 

   Hank Ledger · Lead AnchorAfter that, ongoing income covers seventy-eight percent of scheduled benefits.

4. 

   Hank Ledger · Lead AnchorTrustees say that means a cut of roughly twenty-two percent for every retiree, survivor and dependent, unless Congress acts.

5. 

   Chip Darnell · U.S. News AnchorSo it's basically a twenty-two percent off sale!

6. 

   Hank Ledger · Lead AnchorOn your own paycheck.

7. 

   Chip Darnell · U.S. News AnchorThe options are raising taxes, changing the benefit formula, or adding to the deficit. Speaker Mike Johnson says entitlement programs must be adjusted and fixed.

8. 

   Chip Darnell · U.S. News AnchorSocial Security has never missed a payment, and the trustees say to phase changes in gradually.

9. 

   Hank Ledger · Lead AnchorMeanwhile, two weeks before the midterms, a ReconMR and Siena poll has Democrat James Talarico at forty-eight percent and Republican Ken Paxton at forty-four in Texas.

10. 

    Chip Darnell · U.S. News AnchorTexas! Everything's bigger there, even the margin of error, and a Marist poll has it forty-seven to forty-five.

11. 

    Hank Ledger · Lead AnchorThe Examiner says Paxton hasn't closed a Republican enthusiasm gap. One poll has ninety-nine percent of Democrats backing Talarico.

12. 

    Hank Ledger · Lead AnchorSix years for Social Security, two weeks for Texas, and only one of them has a date.

13. 

    Chip Darnell · U.S. News AnchorI'd love a sale on that paycheck, honestly, but I'll take the election.

14. 

    Hank Ledger · Lead AnchorRex has the scores, and those, at least, come in on time.