Cap Social Security at $100K for the wealthiest retirees, editors say

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Source: The Washington Post
Cap Social Security at $100K for the wealthiest retirees, editors say
Photo: The Washington Post
TL;DR

The Washington Post Editorial Board argues that with a looming federal debt and large deficits, Social Security is projected to pay six-figure benefits to some wealthy seniors; capping benefits for the wealthiest retirees (starting at $100,000 annually) would be a prudent first step in reforming the program and slowing spending.

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