Decide whether the statement makes sense. Explain your reasoning.
-By 2040 projected Social Security payments will be about $900 billion more than collections
from Social Security taxes. The government will then need to redeem $900 billion in IOUs
from the Social Security trust fund. However, it should be fairly easy for the government
to find the $900 billion by cutting discretionary spending.

Question

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The Answer of Decide whether the statement makes sense. Explain your reasoning.
-By 2040 projected Social Security payments will be about $900 billion more than collections
from Social Security taxes. The government will then need to redeem $900 billion in IOUs
from the Social Security trust fund. However, it should be fairly easy for the government
to find the $900 billion by cutting discretionary spending.

Decide Whether the Statement Makes Sense