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Social Security could be depleted by 2023 if Trump eliminates the payroll tax, chief actuary says Reuters The Social Security trust fund would be exhausted by 2023 if payroll taxes were eliminated, the Social Security Administration's chief actuary said in a letter to four Democrats. Trump has said he would move to eliminate the payroll taxes that help fund Social Security if he were re-elected. The analysis is based on the assumption that no federal money would be redirected to replace the revenue, a step that's been taken in the past by Congress. Democrats ripped into Trump's proposal on M...
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