Because he is a carpetbagger. Molesting a 20 year old girl in the oval office. Yet everybody loves Bill.
10 billiom
clinton
I never borrowed against Social Security, so I'd say the answer is "Never."
NO
No president can borrow from social security or any other gocvernment agency. Social security is controlled by the US Congress. Congress has made a long-time practice of borrowing all the money collected from social security taxes ( FICA) and spending it in the general fund. The social security fund consists entirely of "IOUs "( bonds) from the US treasury.
No president can borrow from social security or any other gocvernment agency. Social security is controlled by the US Congress. Congress has made a long-time practice of borrowing all the money collected from social security taxes ( FICA) and spending it in the general fund. The social security fund consists entirely of "IOUs "( bonds) from the US treasury.
Paying income tax on Social Security payments depends on your total income and filing status. If your combined income is above a certain threshold, a portion of your Social Security benefits may be subject to income tax. The rules for taxation of Social Security benefits have been in place since 1983.
Reagan started taxing Social Security in 1984 up to 50%. Clinton raised it to up to 85% around 1993.
Yes
Yes you can use the SSB amounts that you receive each month to pay your debts and any thing else that you want to pay.
No, President Lyndon B. Johnson was not the first president to borrow money from the Social Security Trust Fund. Presidents before him, including Franklin D. Roosevelt and Harry S. Truman, had also borrowed from the trust fund to finance government expenditures. Borrowing from the Social Security Trust Fund has been a common practice by several presidents since its establishment in 1935.
this is from social studies.the best time for people to borrow money is when
It was under the Clinton administration. It gave term limits on how much social security welfare one person could be given at one time. It in other words made a limit on how much social security one person could get.