
“Republicans who spoke against the bill largely objected to its cost, noting that the measure would accelerate the Social Security trust fund's projected insolvency by about six months, now estimated to be roughly a decade away. Senate supporters of the bill, including Louisiana Republican Bill Cassidy, argued that while Social Security's funding shortfall needs to be addressed, that shouldn't be done at the expense of retirees with public pensions.”
Posted by TheFederalRedditerve
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Reminder that if you’re under 50 you’d better not be planning on social security contributing a significant portion of your retirement income.