Increasing Social Security In The United States

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There is one big problem in the government right now that needs to get changed and if we start now, there might be a way to fix it. The big problem is social security; it is soon to be starting the generation of the baby boomers. Which means there is going to be a lot more people retiring in the next ten to fifteen years. I believe that social security can be fixed but in order for it to happen we need to make some changes. Social security is a huge fund in order to help out people in retirement. For about two thirds of the people on social security they truly need it. That is why it is a great program to be a part of. For example, even someone at the low income bracket they get about seventeen thousand in social security every year which is about one thousand sixteen dollars. Which can make a big difference and there for is why social security is something that is great to have in America. …show more content…
That is not good because that means that people will wait as long as they can before taken out social security and the longer they wait the more money the government or the tax payers will go into debt. That being said the social security is slowing going broke. In the year 2034, if nothing is changed is when there will be big tax break on social security. However social security is a funded account that can never go in debt. Even in the next three years if nothing has changed social security will still be able to pay three quarters of what it is paying

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