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How much money was taken from the social security fund during president Reagans white house years?
Wiki User
∙ 13y ago
When Reagan took office in 1981, the Old Age and Survivors trust fund had a balance of $3.1 billion. When he left office in 1989, the balance was $8.4 billion, so about $5.3 billion was added to the fund while he was President. Of course,
you realize that the fund exists only on paper- its assets consist entirely of promissory notes from the government. Taxes collected for it are spent as soon as they are received.
Wiki User
∙ 13y ago
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The Social Security Administration
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FDR
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What were two of the program's President Roosevelt put into place during his first year in office?
social security administration Public works administration
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clinton
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Social Security is important today because it prevents the applications in which the President can take from a Credit Card Holder. A Social Security holds one's identity and cannot be replaced.
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Reagan
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johnson
What impact did World War 1 have on the US' social security?
None... Social Security (the government program) did not exist during WW1.
