(Last Word) Which of the following would not help to relieve the Social Security and Medicare shortfalls?
A) extending the Social Security tax to a higher level of earnings
B) restricting immigration of skilled working-age adults
C) increasing the retirement age for collecting Social Security and Medicare beneﬁts
D) reducing Social Security and Medicare beneﬁts for wealthier individuals

Question

Quizplus · Accepted Answer

Restricting immigration of skilled working-age adults would not help to relieve the Social Security and Medicare shortfalls. In fact, it could potentially worsen the problem by reducing the number of skilled workers contributing to the programs through payroll taxes. The other options listed, extending the Social Security tax to a higher level of earnings, increasing the retirement age for collecting Social Security and Medicare benefits, and reducing benefits for wealthier individuals, are all potential solutions that could help to address the funding gaps in these programs.

(Last Word) Which of the Following Would Not Help to Relieve