Social Security is the most important social safety net in America, providing critical benefits to millions of recipients. Since the program's inception in 1935, scheduled payments have been made on time, giving generations of Americans and their families basic monthly income once they pass their earning years, become disabled, or when they die. That long-standing record of payments made on time and in full might soon be part of history, though. In fact, the Social Security trust fund is now projected to run dry in just 12 short years, according to a new government report.
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