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HISTORICAL FACTS: Social security could shrink by 2032 under trump s budget 2 steps to take today | History Defined

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Warnings that Social Security will be severely diminished by the 2030s have been abundant in recent years. Some experts have predicted Social Security be all but insolvent by 2036, others have warned that the program will be struggling by as early as 2033 — at which time America will only be able to pay out 77% of the benefits owed to beneficiaries.

Read More: Social Security Full Retirement Age Went Up This Month — Why It May Continue To Rise

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