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United States | News & Politics@midwest.social · 4 days ago

‘No vote, no warning, just plain math’: Social Security is six years from an automatic 22% cut—and most Americans have no idea

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‘No vote, no warning, just plain math’: Social Security is six years from an automatic 22% cut—and most Americans have no idea

cm0002@suppo.fi to

United States | News & Politics@midwest.social · 4 days ago

cross-posted to:
usa@lemmy.ml

‘No vote, no warning, just plain math’: Social Security is six years from an automatic 22% cut—and most Americans have no idea | Fortune

The retirement trust fund runs dry in late 2032, triggering an automatic cut for current and future retirees. Every year Congress waits makes the fix bigger.

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