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Social Security Still Poses Massive Fiscal Risks

Cato Daily Podcast

CHAPTER

Addressing Unfunded Obligations of Medicare and Social Security

The chapter emphasizes the urgency of reforming programs like Medicare and Social Security to stabilize the United States debt and prevent a fiscal crisis, proposing the creation of an independent fiscal commission to navigate political challenges in making necessary changes. It explores bipartisan cooperation and proactive measures to safeguard the economic future from growing deficits and potential risks to the US debt's value.

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