During the first 50 years of the Social Security program,
A)the Trust Fund has always run annual surpluses
B)the Trust Fund has always run annual deficits
C)administrators were always concerned with the "baby boom" problem
D)whenever tax revenue exceeded program costs,Congress raised benefits,expanded eligibility,or spent the surplus on something else
E)political support for the program dwindled

Question

Quizplus · Accepted Answer

During the first 50 years of the Social Security program, the Trust Fund experienced periods of both surplus and deficit. However, whenever tax revenue exceeded program costs, Congress consistently opted to expand the program or spend the surplus on other initiatives rather than saving it for future needs. This trend has continued into the present day, contributing to concerns about the long-term solvency of the program. Administrators were indeed concerned about the impact of the Baby Boom generation on the program, but this did not dominate the program's first 50 years. Political support for the program varied over time, but it did not constantly decline.

During the First 50 Years of the Social Security Program