What is the long-term budget outlook for social security

Reference no: EM133707590

Question: What is the long-term budget outlook for Social Security and Medicare? Two proposals for solving the inevitable problem of Social Security funds running out are: Group of answer choices raising wages of low income workers eliminate the Social Security program removing the cap on wages subject to the payroll tax moving Social Security and Medicare from systems in which workers pay for retirees toward programs that set up accounts where workers save funds over their lifetimes and then draw out after retirement to pay for healthcare.

Reference no: EM133707590

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