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How Congress could address Social Security insolvency – and the hidden cost

Source: foxbusiness.com

Fiscal Policy & Budget
How Congress could address Social Security insolvency – and the hidden cost

Social Security's trust fund could be depleted by 2032, potentially triggering automatic benefit cuts. A new report warns that a budget rule may make costly transfers from general revenue appear free; the article provides no estimate of transfer costs or immediate market effects.

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