What is the main source of the US fiscal imbalance and what are the painful choices we must face?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 8
What is the main source of the US fiscal
imbalance and what are the painful choices we
must face?
The source of the US fiscal imbalance is
[Select]
Some painful
choices arise because to meet its obligations,
the federal government must consider
[Select]
income and or
Social Security taxes,
[ Select]
Social Security
benefits, [Select]
federal government discretionary spending.
Transcribed Image Text:Question 8 What is the main source of the US fiscal imbalance and what are the painful choices we must face? The source of the US fiscal imbalance is [Select] Some painful choices arise because to meet its obligations, the federal government must consider [Select] income and or Social Security taxes, [ Select] Social Security benefits, [Select] federal government discretionary spending.
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