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The Penn Wharton Budget Model found that eliminating income taxes on Social Security would cost $1.5 trillion over the next decade and speed up the program’s projected insolvency date to 2032.
Garrett Watson, director of Policy Analysis at the Tax Foundation, told Just the News that Social Security is on a “rapid ...
The Congressional Budget Office (CBO) estimates the Social Security Trust Fund -- the financial account that pays benefits to retirees, spouses, survivors, and disabled workers-- will be ...
Social Security is an important source of income for millions of Americans, but the program has a serious financial problem.
The Social Security Administration gets about 390,000 calls per day, and the average wait time for those calls as of April was 68 minutes.