
Millions of Californians Could Be Impacted by Looming Social Security Cuts
Published on February 23, 2024
Based on the number of individuals receiving Social Security benefits in 2023, more than 6.25 million Californians and about 67 million Americans will be impacted by impending cuts to Social Security benefits, according to the board of trustees that oversees the program. Barring a prompt solution, Californians stand to miss out on about $193 million per year in benefits—based on the approximately $840 million paid to beneficiaries across the state in 2022. Most recipients reside in the southern part of the state, with beneficiaries in the counties of Los Angeles, more than 1.4 million; San Diego, more than 500,000; and Orange, nearly 500,000 making up nearly 40 percent of the total statewide....
