When combined, in present value terms the underfunded nature of Social Security, Medicare, and State and local pensions adds to

Name: When combined, in present value terms the underfunded nature of Social Security, Medicare, and State and local pensions adds to
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According to a 2020 report from the Mercatus Center at George Mason University, the underfunded nature of Social Security, Medicare, and State and local pensions adds up to roughly $17 trillion in present value terms.

When Combined, in Present Value Terms the Underfunded Nature of Social