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Why Social Security reform could test Trump, Democrats on bipartisan compromise before 2028

Source: foxbusiness.com

Fiscal Policy & BudgetElections & Domestic Politics
Why Social Security reform could test Trump, Democrats on bipartisan compromise before 2028

Social Security is projected to become insolvent in 2032, which could trigger automatic 22% benefit cuts to the retirement trust fund. Midterm election results may shape whether Congress acts to prevent the cuts.

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