Question: Why does the Social Security system face a crisis? Are there real assets in the Social Security Trust Fund that can be used to pay

Why does the Social Security system face a crisis? Are there real assets in the Social Security Trust Fund that can be used to pay future benefits? Will the trust fund help to avert higher future taxes or benefit reductions or both when the babyboomers retire? Why or why not?

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The Social Security system in the United States has been a topic of concern for many years and discussions about its potential crisis have revolved ar... View full answer

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