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When did Congress recognize that Social Security could no longer operate in the future as a purely pay-as-you-go system?

a) 1980s
b) 1990s
c) 2000s

User SharonBL
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1 Answer

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Final answer:

The Congress recognized this in the 1980s and made changes to address the sustainability of the Social Security system.

Step-by-step explanation:

The Congress recognized that Social Security could no longer operate in the future as a purely pay-as-you-go system in the 1980s. In response to recommendations from the Greenspan Commission, the retirement age was raised from sixty-two to sixty-seven and the payroll tax was increased. These changes were made to address the demographic factors of an aging population and the need for sustainability of the Social Security system.

User Kheil
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