Social Security Trust Fund Nears 2032 Deadline As Some Republicans Consider Tax Hikes
Some Republicans are considering higher Social Security taxes as the program faces a projected funding shortfall in 2032.
Social Security—money the government saves for people when they're old—might not have enough money by 2032, so some leaders are thinking about asking workers to pay more taxes to fix it. When grown-ups talk about fixing big money problems early, it usually means they're taking it seriously.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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