Social Security needs money to fix its shortfall. The question is, who will pay?
Mihaela Chircă
Social Security is the nation's largest social insurance program, making payments to approximately 75 million Americans every month. Yet the program faces an imminent funding shortfall . Social Security's trust fund for retirement benefits may run out in 2032, which could prompt an across-the-board benefit cut, according to projections from the Social Security Administration and Congressional Budget Office . Social Security has been on the brink of funding cuts before. In 1983, when the last
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