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"Social Security’s trust fund is now due to run low on money beginning in 2032. And in announcing that new date Tuesday, the government acknowledged that the Trump administration’s immigration policies and tax cuts are expected to contribute to the insolvency." Gift link: wapo.st/4oiN5c5
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The shortfall will be driven in part by a drop in immigration and Trump’s tax cuts, trustees say, resulting in trimmed benefits.
wapo.st
Social Security shortfall expected to accelerate, with funds at critical low in 2032
James Downie