Trump’s Social Security boss promises 90 more years despite looming funding crisis

• Social Security Administration Commissioner Frank Bisignano said the program will endure for another 90 years despite concerns about upcoming funding shortfalls.
• The commissioner's remarks came ahead of the SSA's cost-of-living adjustment announcement, with the 2027 COLA projected to raise average monthly checks to $2,009.72.
• Earlier SSA projections indicated that the main trust fund for retirement benefits may cover only 100 percent of scheduled payments until late 2032.
• President Trump suggested restructuring Social Security funding by investing its trust funds in the stock market to boost revenues.
• The SSA cited lower fertility rates, decreased immigration, and legislative changes as contributing factors to lower revenue expectations.

IN FULL

Head of Social Security says the program will be around for another 90 years