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Month: August 2021

COVID recession pushed Social Security insolvency up a year

By RICARDO ALONSO-ZALDIVAR and MARTIN CRUTSINGER Associated Press WASHINGTON (AP) — The sharp shock of the coronavirus recession pushed Social Security a year closer to insolvency but left Medicare’s exhaustion date unchanged, the government reported Tuesday in a counterintuitive assessment that deepens the uncertainty around the nation’s bedrock retirement programs. The new projections in the

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