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Social Security has a cash flow problem but it’s incapable of going bankrupt
According to an analysis by the Center on Budget and Policy Priorities, 22 million Social Security recipients are being pulled above the federal poverty line solely because of this monthly payout. Despite the urban myth, Social Security is incapable of going bankrupt or becoming insolvent in its current form. However, there is no denying it that Social Security has a cash flow problem. In Sean Williams’ article, he reviews the challenges Social Security is facing in the years ahead. Read his article here…
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