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A bipartisan summit is the best way to address debt, make Social Security solvent

Politics The Hill By Wendell Primus and G. William Hoagland, opinion contributors 05 Jun 2026 17:00 1 min read
A bipartisan summit is the best way to address debt, make Social Security solvent

The federal budget deficit is projected to reach 120 percent of GDP by 2036, and 175 percent by 2046, due to a combination of tax cuts and increased spending, requiring both tax increases and benefit reductions to address the issue.

The federal budget deficit is projected to reach 120 percent of GDP by 2036, and 175 percent by 2046, due to a combination of tax cuts and increased spending, requiring both tax increases and benefit reductions to address the issue.

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