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As Social Security faces trust fund depletion, some Washington lawmakers call for taxing high earners
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- Washington lawmakers have a new deadline by when to fix Social Security's retirement trust fund, based on a new annual report released this month by the program's trustees.
- In the fourth quarter of 2032, that trust fund — called Old-Age and Survivors Insurance, or OASI — may be depleted, when 78% of benefits will be payable, according to Social Security trustees' latest projections.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
Washington lawmakers have a new deadline by when to fix Social Security's retirement trust fund, based on a new annual report released this month by the program's trustees.
In the fourth quarter of 2032, that trust fund — called Old-Age and Survivors Insurance, or OASI — may be depleted, when 78% of benefits will be payable, according to Social Security trustees' latest projections.
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