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Monday, June 24, 2013

Social Security Solvency
2013 Social Security Trustees Report 
("2013 OASDI Trustees Report")
SSA.gov 2013
http://www.socialsecurity.gov/OACT/TR/2013/II_A_highlights.html
#76460

" . . . to remain solvent throughout the 75-year projection . . . 

(1) revenues would have to increase by . . . immediate and permanent payroll tax rate increase of 2.66 percentage . . . 
(2) scheduled benefits during the period would have to be reduced by . . . 16.5 percent applied to all current and future beneficiaries . . . 
or (3) some combination . . . "