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Social Security & Medicare: Ticking Time Bomb

Published 3 days, 22 hours ago
Description

Social Security and Medicare face a staggering $200 trillion unfunded liability crisis, driven by longer lifespans, more retirees, and soaring healthcare costs. Recent adjustments, like the 5.9% COLA increase, have done little to alleviate the problem. Policymakers must act swiftly to avoid a fiscal catastrophe.

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