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Reply to "Is social security really at risk of going away ?"
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[quote=Anonymous][quote=Anonymous]The current political situation notwithstanding, Social Security has to change, and not in a way that benefits recipients. If you look at the numbers, it is a huge chunk of the federal budget, and, by the late 2030s, it will take in less money than it will distribute, if the current rules remain in effect. The US is already in a crippling amount of debt, so borrowing money to pay off Social Security recipients is not a viable option. At some point, if it wants to survive, the US will have to balance its budget, and that will likely include some mix of tax revenue increases, spending cuts (including entitlements), and inflation. The sooner we start on this, the less painful these changes will be for everyone. The current system is simply unsustainable.[/quote] Social security is easily fixed by raising the cap. And these people in power only want more money for their tax cuts . It’s not about balancing the budget [/quote]
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