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Social Security Crisis Imminent! Retirement Funds Depleted in 2035, Treasury Warns

Despite positive economic indicators that have extended the estimated depletion date for Social Security's trust fund to 2035, experts warn that the looming shortfall has not been addressed by Congress. The projected depletion of Medicare's Hospital Insurance trust fund has been pushed to 2036, but both programs face challenges that require prompt action. Possible solutions include tax increases, benefit adjustments, or a combination of both.