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Social security will be insolvent in sixteen years-
[reason.com]

Social Security will be insolvent and unable to pay the full value of promised benefits by 2035—that's one full year later than previously expected—and Social Security's costs will exceed its income by 2020, according to a new report published Monday by the program's trustees.

SpikeTalon 10 Apr 22
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3 comments

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0

Easy fixes: remove the payroll tax cap and/or print money to cover the difference.

0

Hum....I'm seventy two now, that means I have only another sixteen years of full benefits....so I shouldn't plan living past the age of eighty eight.

1

Millions of IOUs but we're good for them.

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