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There are numerous viable options to preserve the retirement system, including Social Security, in a fiscally sustainable way that gives families adequate time to plan and strengthens support for those who need it the most.
Social Security is an important program that is part of the fabric of America. We must ensure that Social Security is available for future generations.
The 2014 Trustees Reports make clear that essential programs, like Social Security and Medicare, are on an unsustainable path.
Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.