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The difference in unfunded obligations observed by Professor Chyla is explained by the difference between 75-year and infinite-horizon projections.
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Mr. Mankiw and the Board of Trustees of the Social Security administration appear to have very different views of the solvency of Social Security.
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Mr. Mankiw and the Board of Trustees of the Social Security administration appear to have very different views of the solvency of Social Security.
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