Are You About to Lose $50,000 in Future Social Security Benefits?
The U.S. budget deal would kill the 'file and suspend' strategy for married couples.
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The U.S. budget deal comes with a Social Security surprise—a provision that could take a $50,000 bite of out some Americans' lifetime benefits.
The U.S. House of Representatives on Wednesday voted 266-to-167 to approve the two-year deal, reached earlier between President Barack Obama and congressional leaders. It now goes to the Senate.