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disabilityscoop.comAn opinion column states that restoring long-term balance to Social Security will require reductions in benefits and increases in payroll taxes. The column presents these measures as necessary steps rather than alternatives.
A study from UCLA and Cornell University researchers indicates that nearly two-thirds of Americans expect Social Security benefits to cease around 2032 due to a projected shortfall. The program operates on a pay-as-you-go basis, with reserves projected to deplete by that year, af…