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Social Security has long been in an insolvent position.
If Enacted, How Substantial Could Benefit Reductions Be?
If Trump and Congress resolve to adjust Social Security, how extreme could those modifications be?
Widespread cuts across all sectors would likely facepolitical opposition and controversy.
When Could These Adjustments Be Implemented?
Immediate reductions to existing benefits would be politically risky and unprecedented.
Should Retirees Be Concerned?
Retirees shouldnt worry too much, but should stay informed, Bennett said.
While immediate reductions in benefits under Trump are unlikely, the programs long-term stability remains a concern.
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