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Based on this chart, why is the Social Security Administration facing a funding problem? Life expectancy is increasing slower than expected, so people are not living as long as thought. Younger people are no longer paying as many retirement taxes as in past generations. The number of elderly Americans is growing quickly, so more money is going out than coming in. An unequal amount of taxes is being allocated to Medicare and Medicaid services.

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The Social Security Administration is facing a funding problem because The number of elderly Americans is growing quickly, so more money is going out than coming in.

The Social Security Administration:

  • Depends on taxes paid by working people
  • Disburses cash to the elderly

The current U.S. population structure is such that elderly people are growing faster than younger people who are the ones that work and pay taxes. This is leading to the Social Security Administration facing funding shortfalls.

In conclusion, the elderly are growing and this is putting pressure on Social Security.

Find out more about the Social Security Administration at https://brainly.com/question/1391587.

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Answer:

C

Explanation:

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