Social Security in Bigger Trouble Than We Thought
The Social Security Administration has been releasing heavily biased and overly optimistic numbers for about fifteen years, according to a new report by Harvard and Dartmouth: According to the report, the SSA’s actuarial projections in the 1980s underestimated revenues and overestimated costs by $27 billion; in the 1990s, that figure was $200 billion. Now, in […]
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