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of the Bronx in New York City.
27. The Social Security program is facing a difficult future because-
A. many banks failed during the financial collapse of 2008
B. a large number of baby boomers are reaching retirement age
C. many younger American workers refuse to pay into the program
D. the U.S. government has been irresponsible in managing the fund

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GinnyAnswer

Final answer:

Social Security faces challenges due to demographic changes and an aging population, requiring policy solutions like raising taxes and adjusting benefits.


Explanation:

Social Security is facing challenges primarily due to demographic changes, such as fewer workers supporting more retirees. The aging population and increasing life expectancies contribute to the strain on the system. Some possible policy solutions include raising taxes, reducing benefits, and increasing the retirement age.


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