{"id":1019,"date":"2026-06-04T11:37:18","date_gmt":"2026-06-04T11:37:18","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=1019"},"modified":"2026-06-04T11:37:18","modified_gmt":"2026-06-04T11:37:18","slug":"trumps-cuts-to-this-agency-will-cost-families-500-a-year-report","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=1019","title":{"rendered":"Trump’s cuts to this agency will cost families $500 a year: report"},"content":{"rendered":"
\n

President Donald Trump\u2019s changes to the Social Security program, implemented under the guidance of X CEO Elon Musk, will cost many families $500 a year.<\/p>\n

Read more Albanians revolt over luxury resort tied to Ivanka Trump and Jared Kushner<\/a><\/p>\n

The new analysis by the Committee for a Responsible Federal Budget (CRFB) projects that benefit checks will be cut by $500 a month on average if the program is allowed to hit its \u201cgo-broke\u201d date by late 2013. If these cuts were not imposed, the CRFB found, the absence of the 24 percent benefit cut in the Social Security Administration\u2019s payments will cause the fund to be entirely exhausted.<\/p>\n

\u201cApplying this projected reduction to current state-level data, we estimate an across-the-board monthly cut would range from $459 to $556 across the 50 states and the District of Columbia,\u201d the report explained. It identified the 10 states that will have the highest average cuts as Connecticut ($556), New Jersey ($554), New Hampshire ($553), Delaware ($549), Maryland ($541), Washington ($531), Minnesota ($530), Massachusetts ($527), Michigan ($523) and Utah ($523).<\/p>\n

\u201cThe Senior Citizens League (TSCL) believes any discussion of Social Security solvency must be grounded in the reality that millions of older Americans depend on these earned benefits to pay for housing, food, healthcare, and other essential expenses,\u201d Senior Citizens League spokesperson Shannon Benton told Nexstar. \u201cActing sooner rather than later can help restore the program\u2019s long-term solvency while minimizing the impact on beneficiaries and avoiding sudden benefit reductions that millions of Americans can simply cannot afford.\u201d<\/p>\n

The CRFB added, \u201cNo state would be spared from the potentially devastating effects of insolvency.\u201d<\/p>\n

According to a recent report by the Center on Budget and Policy Priorities, Trump has weakened the Social Security program by gutting its staff.<\/p>\n

Read more Dem discontent \u2018never been higher\u2019: analyst<\/a><\/p>\n

\u201cIn just 15 months, the Trump Administration has pushed out more than 8,000 Social Security Administration (SSA) workers \u2014 causing SSA\u2019s largest one-year staffing reduction on record,\u201d the Center on Budget and Policy Priorities. \u201cThis 14 percent cut has compromised SSA\u2019s ability to reliably serve seniors, bereaved families, and people with disabilities. By January 2026, SSA had fewer employees than at any time since 1967, when the agency was not yet responsible for administering Supplemental Security Income (SSI) and served 52 million fewer beneficiaries.\u201d<\/p>\n

Speaking with AlterNet last month, former Social Security Commissioner Martin O\u2019Malley disputed the widespread argument made by fiscal conservatives that the program faces the threat of insolvency.<\/p>\n

\u201cThis isn\u2019t true \u2014 but it is often repeated,\u201d O\u2019Malley told AlterNet at the time. \u201cSocial Security is a pay as you go program. It is not funded by deficit spending. It is more akin to an insurance company. People premiums and benefits are paid out from those premiums. Even the surplus \u2014 which because of income inequality is being depleted sooner (2032) than thought in 1983, even that was built up by payroll tax, not borrowed money. \u201c<\/p>\n

O\u2019Malley added, \u201cAn utter devaluation of the dollar \u2014 which Trump is causing and risking in so many reckless and self\/serving ways (bitcoin), would be really bad for everything in US including Soc Sec, it is not true that Social Security depends on deficit spending for its support or benefits. (Except a small portion of admin expenses).\u201d<\/p>\n

Read more Trump aide triggered as \u2018racist\u2019 policies outed<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump\u2019s changes to the Social Security program, implemented under the guidance of X CEO Elon Musk, will cost many families $500 a year.The new analysis by the Committee for a Responsible Federal Budget (CRFB) projects that benefit checks will be cut by $500 a month on average if the…<\/p>\n","protected":false},"author":1,"featured_media":1018,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1019","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nTrump's cuts to this agency will cost families $500 a year: report - Next Address America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nextaddressamerica.com\/?p=1019\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump's cuts to this agency will cost families $500 a year: report - Next Address America\" \/>\n<meta property=\"og:description\" content=\"President Donald Trump\u2019s changes to the Social Security program, implemented under the guidance of X CEO Elon Musk, will cost many families $500 a year.The new analysis by the Committee for a Responsible Federal Budget (CRFB) projects that benefit checks will be cut by $500 a month on average if the...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nextaddressamerica.com\/?p=1019\" \/>\n<meta property=\"og:site_name\" content=\"Next Address America\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-04T11:37:18+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/#\\\/schema\\\/person\\\/a4840e0eb2094ec31aed2107d53108b3\"},\"headline\":\"Trump’s cuts to this agency will cost families $500 a year: report\",\"datePublished\":\"2026-06-04T11:37:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019\"},\"wordCount\":547,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/nextaddressamerica.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/491b88a4bc232c817a9b7bcb02f711e6.webp\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019\",\"url\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019\",\"name\":\"Trump's cuts to this agency will cost families $500 a year: report - Next Address America\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/nextaddressamerica.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/491b88a4bc232c817a9b7bcb02f711e6.webp\",\"datePublished\":\"2026-06-04T11:37:18+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/#\\\/schema\\\/person\\\/a4840e0eb2094ec31aed2107d53108b3\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019#primaryimage\",\"url\":\"https:\\\/\\\/nextaddressamerica.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/491b88a4bc232c817a9b7bcb02f711e6.webp\",\"contentUrl\":\"https:\\\/\\\/nextaddressamerica.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/491b88a4bc232c817a9b7bcb02f711e6.webp\",\"width\":1200,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/?p=1019#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/nextaddressamerica.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trump’s cuts to this agency will cost families $500 a year: report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/#website\",\"url\":\"https:\\\/\\\/nextaddressamerica.com\\\/\",\"name\":\"Next Address America\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/nextaddressamerica.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/nextaddressamerica.com\\\/#\\\/schema\\\/person\\\/a4840e0eb2094ec31aed2107d53108b3\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/nextaddressamerica.com\"],\"url\":\"https:\\\/\\\/nextaddressamerica.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trump's cuts to this agency will cost families $500 a year: report - Next Address America","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nextaddressamerica.com\/?p=1019","og_locale":"en_US","og_type":"article","og_title":"Trump's cuts to this agency will cost families $500 a year: report - Next Address America","og_description":"President Donald Trump\u2019s changes to the Social Security program, implemented under the guidance of X CEO Elon Musk, will cost many families $500 a year.The new analysis by the Committee for a Responsible Federal Budget (CRFB) projects that benefit checks will be cut by $500 a month on average if the...","og_url":"https:\/\/nextaddressamerica.com\/?p=1019","og_site_name":"Next Address America","article_published_time":"2026-06-04T11:37:18+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/nextaddressamerica.com\/?p=1019#article","isPartOf":{"@id":"https:\/\/nextaddressamerica.com\/?p=1019"},"author":{"name":"admin","@id":"https:\/\/nextaddressamerica.com\/#\/schema\/person\/a4840e0eb2094ec31aed2107d53108b3"},"headline":"Trump’s cuts to this agency will cost families $500 a year: report","datePublished":"2026-06-04T11:37:18+00:00","mainEntityOfPage":{"@id":"https:\/\/nextaddressamerica.com\/?p=1019"},"wordCount":547,"commentCount":0,"image":{"@id":"https:\/\/nextaddressamerica.com\/?p=1019#primaryimage"},"thumbnailUrl":"https:\/\/nextaddressamerica.com\/wp-content\/uploads\/2026\/06\/491b88a4bc232c817a9b7bcb02f711e6.webp","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/nextaddressamerica.com\/?p=1019#respond"]}]},{"@type":"WebPage","@id":"https:\/\/nextaddressamerica.com\/?p=1019","url":"https:\/\/nextaddressamerica.com\/?p=1019","name":"Trump's cuts to this agency will cost families $500 a year: report - Next Address America","isPartOf":{"@id":"https:\/\/nextaddressamerica.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nextaddressamerica.com\/?p=1019#primaryimage"},"image":{"@id":"https:\/\/nextaddressamerica.com\/?p=1019#primaryimage"},"thumbnailUrl":"https:\/\/nextaddressamerica.com\/wp-content\/uploads\/2026\/06\/491b88a4bc232c817a9b7bcb02f711e6.webp","datePublished":"2026-06-04T11:37:18+00:00","author":{"@id":"https:\/\/nextaddressamerica.com\/#\/schema\/person\/a4840e0eb2094ec31aed2107d53108b3"},"breadcrumb":{"@id":"https:\/\/nextaddressamerica.com\/?p=1019#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nextaddressamerica.com\/?p=1019"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nextaddressamerica.com\/?p=1019#primaryimage","url":"https:\/\/nextaddressamerica.com\/wp-content\/uploads\/2026\/06\/491b88a4bc232c817a9b7bcb02f711e6.webp","contentUrl":"https:\/\/nextaddressamerica.com\/wp-content\/uploads\/2026\/06\/491b88a4bc232c817a9b7bcb02f711e6.webp","width":1200,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/nextaddressamerica.com\/?p=1019#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nextaddressamerica.com\/"},{"@type":"ListItem","position":2,"name":"Trump’s cuts to this agency will cost families $500 a year: report"}]},{"@type":"WebSite","@id":"https:\/\/nextaddressamerica.com\/#website","url":"https:\/\/nextaddressamerica.com\/","name":"Next Address America","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nextaddressamerica.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/nextaddressamerica.com\/#\/schema\/person\/a4840e0eb2094ec31aed2107d53108b3","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/nextaddressamerica.com"],"url":"https:\/\/nextaddressamerica.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=\/wp\/v2\/posts\/1019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1019"}],"version-history":[{"count":0,"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=\/wp\/v2\/posts\/1019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=\/wp\/v2\/media\/1018"}],"wp:attachment":[{"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nextaddressamerica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}