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Can we save Social Security?
Yes, Social Security can be fixed. There’s a long-term deficit problem, but it’s far from a crisis yet. Projections show the trust fund will run out of money by 2033. At that point everyone’s benefits would have to be cut by 25% if nothing is done. But it won’t go to zero — there would still be enough money to pay remaining benefits for years to come. Still, this is a great time to fix Social Security precisely because we might do better if there isn’t a crisis...Read More
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