Social Security’s long-term deficit has narrowed, but its contribution to future U.S. federal debt is still set to rise, Andrew Biggs says. The point underscores a key fiscal divide: solvency can improve even as debt pressures worsen, depending on the reform path.
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Social Security’s long-term deficit has narrowed, but its contribution to future U.S. federal debt is still set to rise, Andrew Biggs says. The point underscores a key fiscal divide: solvency can improve even as debt pressures worsen, depending on the reform p
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