In the United States, Social Security and Medicare are examples of

Question

Quizplus · Accepted Answer

Social Security and Medicare are both pay-as-you-go programs, where current workers pay for the benefits of current retirees. They are not fiscally balanced or intergenerationally balanced, as they rely on future generations to also pay for their benefits. However, there is ongoing debate about their fiscal sustainability, as they may face funding challenges in the future.

In the United States, Social Security and Medicare Are Examples