Washington's restoration of the employee's portion of the payroll tax that funds Social Security may be good news or bad news, depending on your perspective.
But what seems definitely to fall into the latter category is new research indicating that Social Security, even with the fresh funding boost, is on shakier ground than generally thought.
In a Sunday New York Times op-ed, researchers Gary King of Harvard and Samir Soneji of Dartmouth argue that the Social Security Administration is using outdated methods to project longevity and therefore understates the system's shortfall.
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