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Report: Social Security Could Be Doomed in As Little As 13 Years

Lauren Bowman, Romina Boccia Politics, But there is a way to save it.  Millions of Americans depend on Social Security, and the government program is going broke. If Congress doesn’t take action to reform the nation’s largest entitlement program, its looming insolvency likely will lead to large benefit cuts along with large payroll tax increases. The Congressional Budget Office and the Social Security Trustees each year report on long-term projections for the program and its financial solvency.
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