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The Blunt Reason Congress Hasn't Fixed Social Security


For eight decades, Social Security has provided a financial lifeline to retired Americans. As of July 2019, 63.6 million people were receiving a monthly payout from the program, of which 70% are retired workers. Of these retirees, 62% rely on Social Security for at least half of their income, and more than an estimated 15 million are being lifted out of poverty.

Yet, this financial lifeline is in trouble -- and Congress has known this for quite some time.

Image source: Getty Images.

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Source Fool.com


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