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The Top Five Reasons Congress Should Reform Social Security in 2014
The Heritage Foundation Link to more items from this source
Jan. 2, 2014
"Social Security has spent more than it received in taxes for each of the past four years.... Social Security will run an average deficit of 12 percent over the next decade.... While technically considered solvent, Social Security is already adding to the federal deficit.... Without reform, Social Security benefits drop 23 percent by 2033.... Payroll taxes would have to rise by one-third to cover the 2033 shortfall."

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