Which of the Following About Social Security Is True

Multiple Choice

Which of the following about Social Security is true?

A) All of the current revenues flowing into the Social Security system are needed for benefit payments to current retirees.
B) If the Social Security surplus was used to pay down the privately held federal debt, this would reduce future taxes and, thereby, make it easier to deal with the retirement of the baby boomers.
C) During the 1980s and 1990s, most of the social security surplus was used to reduce the national debt.
D) When the Social Security surplus is used to cover the current operating expenses of the federal government, it will make it easier for future taxpayers to provide promised Social Security benefits to baby boomers.