Which of the following is likely to push the federal debt increasingly higher in the coming decades?
A) a strong rebound from the economic weakness of 2008-2015
B) increased expenditures on the Social Security and Medicare programs
C) an increase in tax revenues as the baby boom generation retires
D) increased political pressure to balance federal budgets

Question

Quizplus · Accepted Answer

The Social Security and Medicare programs are projected to account for a growing share of federal spending as the population ages and healthcare costs continue to rise. This, in turn, is likely to contribute to an increase in the federal debt in the coming decades unless significant reforms are implemented.

Which of the Following Is Likely to Push the Federal