Suppose Congress enacts a new Medicare benefit and finances it by raising payroll taxes such that each year's additional outlay is matched by additional revenue. Would this be considered fiscally sustainable

Question

Business

Answered

Suppose Congress enacts a new Medicare benefit and finances it by raising payroll taxes such that each year's additional outlay is matched by additional revenue. Would this be considered fiscally sustainable

Answer :

Go Question: Other Questions

The United States Capitol Is Located At (2,−4)on A Coordinate Grid. The White House Is Located At (−10,16)on The Same Coordinate Grid. Select The Two Points On

Adam, Craig And Gary Play Hockey. Adam Has Scored Twice As Many Goals As Craig. Gary Scores 7 More Goals Than Craig. Altogether They Score 51 Goals. How Many Mo

The Type Of Delivery Method That Is Most Likely To Use A Teleprompter Is Called___________.

The ______ Period Lasts From The End Of Delivery Until The Mother's Body Has Returned To A Nearly Prepregnant State (in About Six Weeks).

The Important Lessons You learned In The Past 2 Years Of lockdown And Blended Learning.

How Are Kingdoms Similar Or Different To Domains

Please Help Me To Solve This One

Is The Process Of Collecting Information About Forces In The Marketing Environment.

What Is The Exposition Of “the Book Of Unknown Americans

What Is Computer? Where It Is Used?

In Every Type Of Economic System There Are Exchanges Between Consumers And Producers True Or False ?

Is Generally Lower For Less Developed Countries Than For More Developed Countries?

ABIOLATAIWO2015GO ABIOLATAIWO2015GO · Answer 1

If year's additional outlay is matched by additional revenue. No, it will not be considered fiscally sustainable.

What is Medicare?

Medicare can be defined as a medical coverage that help to cover medical expenses of those under the plan.

Based on the details given, it will not be considered fiscally sustainable because it is still a pay as you go plan, which tend to shifts the burden to future generations.

Therefore it will not be considered fiscally sustainable.

Learn more about medicare here:https://brainly.com/question/1960701

#SPJ1