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How much money did President Kennedy borrow from the Social Security funds?

President John F. Kennedy did not borrow money directly from the Social Security funds. However, during his administration, the federal government did temporarily use Social Security surpluses to finance other government expenditures. This practice was part of broader budgetary strategies and involved the use of Social Security trust funds, but specific amounts borrowed can vary based on different fiscal policies and periods.


Can a creditor freeze your bank account although im on social security?

Social Security funds are protected against a lien on your checking account. However you will have to prove that the funds in your account are from Social Security. If there are other funds "commingled" then unprotected funds may be seized


Who funds social security?

we do from working.


Can Va take percent of Social Sec funds?

No, the Department of Veterans Affairs (VA) cannot take a percentage of Social Security funds. Social Security benefits and VA benefits are separate and administered by different government agencies. VA benefits are based on military service and disabilities, while Social Security benefits are provided to individuals who have paid into the Social Security system through employment.


Who was the second president to borrow money from social security?

clinton


Is Social Security receiving additional funds?

Yes, Social Security is receiving additional funds through payroll taxes collected from workers and employers.


Medicare funds are collected by?

social security adminisration


When did you first borrow against social security?

I never borrowed against Social Security, so I'd say the answer is "Never."


Did congress borrow from social security during World War 2?

NO


Why did social security start?

because of retirement funds


Medicare funds are collected by what?

social security adminisration


Does us government contribute to social security funds?

NO