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Political Factoid
The Social Security fund currently
has sufficient surplus reserves
to fund its obligations through 2037.
After 2037, the fund may only
be able to fund its obligations
at 80% of its promise to the
participants.
Of course, the 2010 concession-to-the-Republican
tax compromise significantly slows down
additions to the fund, such that the payout
after 2037 may be less than 80%.
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