July 8 Social Security Distribution: Who's Getting Paid This Week

That looming shortfall has pushed several organizations to pitch their own solutions. One Washington, DC based think tank recently drew attention with a proposal to cap annual Social Security benefits at $100,000 as a way to help stabilize the program’s trust fund, according to USA Today’s reporting. Whether any of these ideas gain traction remains to be seen, but the conversation around fixing Social Security’s long-termerm funding is only expected to grow louder in the months ahead.

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