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Taxing high earners to help fund Social Security gains bipartisan attention — what it could mean for benefits

Source: CNBC

Fiscal Policy & BudgetTax & TariffsRegulation & LegislationElections & Domestic Politics

Social Security is projected to reach a funding shortfall in six years, increasing pressure on U.S. lawmakers to address the program's finances. More legislators are becoming open to raising taxes on high earners as a potential funding measure, creating a policy risk for affected households and businesses but signaling growing momentum toward reform.

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