During the last two decades, most of the surplus generated by the Social Security system was
A) used to finance current government expenditures.
B) invested in government bonds that will make it possible for the federal government to pay future retirement benefits without an increase in federal taxes.
C) used to pay down the national debt.
D) invested in bonds offered by foreign governments and businesses that will provide a stream of future income for the finance of retirement benefits.

Question

Quizplus · Accepted Answer

The surplus generated by the Social Security system was primarily used to finance current government expenditures, rather than being saved or invested for future benefits.

During the Last Two Decades, Most of the Surplus Generated