Question

The U.S. government could reduce its budget deficit by expanding the income assistance programs. raising the eligible retirement age to receive Social Security benefits. increasing discretionary spending. borrowing funds from abroad.

Answer 1

raising the eligible retirement age to receive Social

Step-by-step explanation:

We can agree that there is a budget deficit in an economy if the government expenditures in the economy are greater than its revenue. The remedy in the face of such an economic problem is either to raise taxes or to decrease the expenditures of the government.

In this question, the way that the US government can reduce the budget deficit is by raising the eligible retirement age of those who are to receive the social security benefits. When this age is increased, it means that less people would be receiving this benefit. Less people would meet the required age for the benefit. By so doing, the government is cutting its expenditures.

the rest of the options in the question would increase the deficit.