Is Social Security a drag on national debt? Depends on how you define “debt.”
The national debt is tremendous and growing. And as lawmakers talk about ways to address it, Social Security spending — which totals roughly $1.5 trillion a year — is often brought up as playing a big role. But by law, Social Security cannot contribute to the national deficit. Today, we’ll parse exactly how the Social Security Administration invests money and pays out. Then, heat insurance in India has helped thousands of female workers.
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