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Congressional Republicans want big cuts to Social Security

Por: MarketWatch Politics July 11, 2023

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The proposal in the RSC document is titled “Preventing Biden’s Cuts to Social Security.” If you haven’t heard of any cuts proposed by President Biden, that’s because he hasn’t made any. The provocative title refers to the cuts that would occur in the early 2030s when the reserves in the trust fund are exhausted. By law, Social Security cannot provide benefits for which it does not have financing and — once the trust fund is... + full article



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