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Social Security’s Role in the Federal Debt Explosion

Summary by Alpha Architect
Social Security is already affecting the federal budget. Since 2010, the program has run persistent cash-flow deficits, requiring the Treasury to borrow from the public to finance benefit payments. Social Security’s Role in the Federal Debt Explosion was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.
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Alpha Architect broke the news on Monday, September 14, 2026.
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