Senator warns ‘clock is ticking’ as Social Security funds run dry — Live Feedhttps://www.live-feeds.com/feed/senator-warns-clock-is-ticking-as-social-security-funds-run-dryContinuously updated, source-cited coverage. Senator warns higher Social Security COLA accelerates trust fund drainhttps://www.live-feeds.com/feed/senator-warns-clock-is-ticking-as-social-security-funds-run-dryhttps://www.live-feeds.com/feed/senator-warns-clock-is-ticking-as-social-security-funds-run-dry#u146609Thu, 22 Oct 2026 11:12:13 +0000Senator Bill Cassidy warns that the financial clock is ticking for Social Security as a projected 2027 cost-of-living adjustment threatens to accelerate the depletion of the retirement trust fund. While the upcoming COLA estimate aims to help retirees manage inflation by providing an increase, lawmakers and advocates debate structural solutions. Cassidy proposes a $1.5 trillion investment fund to address structural shortfalls, while the broader debate continues over how to stabilize federal entitlement programs amid rising national deficits and expanding expenditures.Why it mattersSocial Secur