Monday, October 12, 2026

US_ Social Security Chief: Program Will Last 'Another 90 Years' ( Nicole Weatherholtz - NEWSMAX )

NEWSMAX



Social Security Chief: Program Will Last 'Another 90 Years' 

VIDEO
 
By Nicole Weatherholtz | Monday, 12 October 2026 01:25 PM EDT


Social Security Commissioner Frank Bisignano said Monday the program will survive another 90 years, expressing confidence in its future despite warnings that its trust fund faces a major funding shortfall within the next decade

"This is a long journey. It's 90 years old. It'll be around for another 90 years," Bisignano said during an appearance on CNBC's
"Squawk Box."

The Social Security Administration is set to announce its 2027 cost-of-living adjustment Wednesday, potentially delivering a sizable increase in benefits to millions of Social Security recipients.

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READ MORE: https://www.newsmax.com/us/frank-bisignano-social-security-benefits/2026/10/12/id/1272503/

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