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Social Security | SHREDNEWZ

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Social Security

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Social Security Trust Fund Depletion by 2032 Poses Significant Economic Risks

Watch PriorityDeveloping

Social Security Trust Fund Depletion by 2032 Poses Significant Economic Risks

worth trackingUpdated 5d ago

Key takeaway: The Social Security trust fund's projected depletion by 2032 poses significant economic risks, requiring immediate attention and bipartisan action from Congress to ensure the long-term solvency of the system and safeguard the retirement security of current and future generations of Americans.

O'Malley Advocates for Raising Social Security Tax Cap

Active PriorityDeveloping

O'Malley Advocates for Raising Social Security Tax Cap

high consequenceUpdated 23h ago

Key takeaway: Raising the tax cap on Social Security could mitigate the funding shortfall but will likely face political resistance.

Crisis Comes Closer: Social Security's Projected Insolvency Moved A Year Earlier

Watch PriorityCorrected

Crisis Comes Closer: Social Security's Projected Insolvency Moved A Year Earlier

still unresolvedUpdated 8d ago

Key takeaway: Without intervention from Congress or the president, beneficiaries face potential cuts of 22% starting in 2032.

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