Congress can do all of the following if tax revenues become inadequate to fund Social Security EXCEPT

Name: Congress can do all of the following if tax revenues become inadequate to fund Social Security EXCEPT
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Question

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Congress does not have the power to change the federal fund rate, which is determined by the Federal Reserve. They can, however, make changes to the taxation of earnings, benefit formula, retirement age, and cost-of-living adjustments in order to maintain Social Security funding.

Congress Can Do All of the Following If Tax Revenues