The main problem with the social security program is that ______.
A) it will soon run out of money since, as a welfare program, it is politically unpopular
B) it will soon run out of money to pay benefits because few workers will be paying into the system
C) it will soon run out of money; it's financed through taxes at a time when governments are reducing taxes
D) it will soon run out of money because of the increase in employed workers trying to access benefits

Question

Quizplus · Accepted Answer

The social security program is financed through payroll taxes, and with fewer workers paying into the system, there will be less revenue to pay for benefits. This is due to the aging population and fewer young workers entering the workforce.

The Main Problem with the Social Security Program Is That