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Resolving the issue depletes a key source of PC

Russell Gloor, 3-27-2023, Certified Social Security Advisor, The Association of Mature American Citizens, "Social Security Matters: are you prepared to maximize your benefits?," AFRO American Newspapers, https://afro.com/social-security-matters-are-you-prepared-to-maximize-your-benefits/, KL

Dear Weary Worker: I don’t suggest changing your strategy due to fears of Social Security not being there – it will be. Although the program is facing some future financial issues, the very worst that could happen is that everyone’s benefits might be cut by 20 percent or more if Congress fails to act to restore the program to solvency before the Trust Funds are depleted in the early to mid-2030s.

In my opinion, Congress will not likely fail to act because to do so would be political suicide. The fact is, they already know how to fix Social Security’s financial issues; they just lack the bipartisan spirit and political fortitude to do so until they extract every possible ounce of political capital from the issue. So, it’s largely a matter of how long Congress will wait to reform the program.

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