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Social Security at a Crossroads | California News
Description
Social Security’s future hangs in the balance as looming 22% benefit cuts by 2032 threaten millions—unless Congress acts. Senators Durbin and Cassidy propose a bipartisan solution: a special board to craft a 50-year funding plan, then send it to Congress. Meanwhile, lawmakers debate tactics—from launching a massive investment fund to raising payroll tax caps for high earners or taxing income above $250K. Time is running out, but with diverse proposals on the table, the goal remains clear: secure Social Security for generations.
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