A Trump executive order will directly impact more than 500,000 Social Security beneficiaries.
Since the first benefit check was mailed in January 1940, Social Security has been providing a financial foundation for the American public. Though it was initially conceived as a program that would financially support aging workers who could no longer provide for themselves, it's expanded to include workers with disabilities, as well as survivors of deceased workers. In July, nearly 70 million people received a traditional Social Security payout.
But Social Security isn't static . Although the Social Security Act requires 60 votes in the upper house of Congress to effect major changes, various adjustments are made to the program by the Social Security Administration (SSA) on a near-annual b