Congress distinguishes between on-budget and off-budget net balances primarily to keep separate books on Social Security.

Question

Quizplus · Accepted Answer

This statement is true. The on-budget and off-budget net balances are used to separate the finances and accounting of Social Security from the rest of the federal government's budget. Social Security is considered off-budget, while other government programs are considered on-budget. This helps to ensure that Social Security funds are used only for Social Security purposes and are not mixed with other government spending.

Congress Distinguishes Between On-Budget and Off-Budget Net Balances Primarily to Keep