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Social Security life shortens

19.05.12

WASHINGTON -- Social Security is rushing even faster toward insolvency, driven by retiring baby boomers, a weak economy and politicians' reluctance to take painful action to fix the huge retirement and disability program.

The trust funds that support Social Security will run dry in 2033 – three years earlier than previously projected – the government said Monday.


Source: MyrtleBeachOnline.com

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