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1. Both Social Security and Medicare are social insurance programs. True False 2.Workers and their employers share the burden of Social Security taxes. True False 3.Because Social Security increases savings, more funds are available for investment in the...

1. The federal deficit was increased in 2002 as a result of the 2001 recession the war on terrorism the 2001 tax cut increased defense spending all of the above 2. Government transfer payments, such as public assistance payments and social...