Reagan stole social security
Claim: 233 U.S. Representatives voted in April 2024 to use funds from Social Security's $2.9 trillion surplus in an effort to balance the budget. WebNov 20, 2012 · Reagan made the mistake of sneaking $2.5 billion in Social Security cuts into a budget bill that would go toward reducing the budget deficit not Social Security. O'Neill responded immediately with a press conference, characterizing Reagan as an enemy of "decency." "For the first time since 1935 people would suffer because they trusted in the ...
Reagan stole social security
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WebJul 3, 2010 · Social Security was NOT a huge slush fund for congress to City-Data Forum > General Forums > Politics and Other ... It was that crook Reagan the stole SS 07-03-2010, … WebAug 3, 2015 · A Facebook posts says, "Bush ‘borrowed’ $1.37 trillion of Social Security surplus revenue to pay for his tax cuts for the rich and his war in Iraq and never paid it …
Claim: List details changes made to the Social Security system over the years. WebSep 5, 2024 · The full retirement age was 66 but is rising in two-month increments to 67 for those born from 1955 to 1960. Raising the full retirement age further to 68, 69, or even 70 would – everything else ...
WebFeb 10, 2013 · Social Security needs to tax at least 90% of all wages in America, but because the rich are getting richer and the middle class is stagnating, too much tax exempt wage gains are going to earners who make more than 113,700.00 a year. As a result, only 80% of all wages are now subject to Social Security taxes. WebThe Social Security Trust Funds and the Federal Budget. THE FINANCING PROCEDURES. In the Social Security Act of 1935 the income from the payroll tax was to be credited to a …
WebNov 26, 2015 · Recently found out that an illegal was using my social security to work in a deli in another state. I thought that when I called this in that the government would be all over it. Social Security and the IRS were apathetic. Said they would "investigate" it and suggested that I call Experian. Homeland Security and the FBI never responded to my tip. flake things meaningWebJul 13, 2011 · Here’s why: Social Security has a trust fund, and that trust fund is supposed to have $2.6 trillion in it, according to the Social Security trustees. If there are real assets in … flakes rocket league twitterWebMar 12, 2024 · Claim: John F. Kennedy stole money from Social Security to start the Peace Corps. No. JFK did NOT pay for the Peace Corp with Social Security. It was paid for with mutual security funds established in 1951 to provide aid to developing foreign nations. ... Ronald Reagan wasn’t responsible for it. And neither was any party in particular. This ... can others see what discord servers i\u0027m inWebDec 20, 2024 · That makes the deficit by year less than what's added to the debt by year. For example, $8.588 trillion was added to the national debt under President Obama. 16 But his total budget deficits totaled $6.781 trillion. 6. Similarly, President Bush's stated budget deficits totaled $3.293 trillion. But Bush added $5.849 trillion to the debt. can others see who you follow on instagramWebJul 9, 2024 · If one-half of an individual's Social Security benefits, plus his or her adjusted gross income, surpassed $25,000, his or her Social Security benefits became subject to … can other states grand divorcesWebApr 2, 2009 · 1983 Social Security deal showed that good politics can happen in the most unforgiving environments. Barack Obama vowed to bring unity and bipartisan reconciliation on a national scale to ... can others see your notes on discordWebApr 22, 2014 · The debate about Social Security reform contains a certain amount of crazy which has been accepted mostly through volume rather than fact. One of the most pervasive myths in the Social Security debate suggests that President Lyndon Johnson (LBJ) stole the trust fund in order to pay for Vietnam. can others see your steam screenshots