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Why so many people (mistakenly) believe Social Security adds to the deficit

Theresa Ghilarducci  |  June 24, 2019

“… Though I was totally right, the intelligent audience didn’t think I was. I lost the debate—big time. … Social Security must balance its books because it is funded through a trust fund, which means current and projected revenue must equal current and projected liabilities. … Unlike the federal budget, Social Security can’t spend more than it takes in. Congress built it that way to create ‘discipline’ in the program. …”

Read the full article on: Forbes

 
 
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