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Social Security’s trust fund could be depleted sooner than expected

  • Social Security faces a fiscal emergency threatening the U.S. Financial stability.
  • The system's design as a pay-as-you-go pension scheme causes increasing deficits.
  • An aging population and rising outlays create deficits the government must finance.
  • Without reforms, benefits may need about a one-fifth reduction, based on estimates.
  • Urgent reform is needed to curb borrowing and align the system with its goals.
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The Press of Atlantic CityThe Press of Atlantic City
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Dispatch ArgusDispatch Argus
Center

Fixing Social Security can't wait for long

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Bias Distribution

  • 84% of the sources are Center
84% Center
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UPI broke the news in Washington, United States on Monday, April 14, 2025.
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