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According to current projections, Social Security and other entitlement programs will soon be severely underfunded. If the government decides to cut social security benefits to
According to current projections, Social Security and other entitlement programs will soon be severely underfunded. If the government decides to cut social security benefits to future retirees and raise Social Security taxes on all workers, what will probably happen to the supply of funds available to the capital markets? What will be the effect on interest rates?
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