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What demographic change led to president George W Bush's proposal to privatize social security?
an aging population
What was the argument of those who defeated George W Bush's attempt to privatize Social Security-?
Privatizing Social Security would put younger workers at the mercy of fluctuating stock market returns
What was the argument of those who defeated george w bush's attempt to privatize social security?
Privatizing Social Security would put younger workers at the mercy of fluctuating stock market returns
Who decided that there would be no COLA for social security?
Congress
What is mitt Romneys views on medicare?
Mitt Romney's agenda is to destroy Social Security and Medicare as we know it. His plan is to privatize Social Scurity and turn Medicare into a voucher program, which will then be turned over to Wall street.
Did George W. Bush borrow from social security?
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.
Did George W. Bush borrow social security?
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.
Did al gore vote to tax social security?
Al Gore did not vote to tax Social Security benefits during his time in Congress. The taxation of Social Security benefits was established by the 1983 amendments to the Social Security Act, which he supported. However, the specific legislation regarding the taxation of Social Security was a broader policy decision made by Congress, not solely attributable to any single vote by Gore.
Did congress borrow from social security during World War 2?
NO
What wasn't an idea of president Truman that were rejected by congress?
Social Security Improvement
Which year did congress vote to add the Medicare and Medicaid programs to social security?
1965
When did the united state congress pass the social security act?
August 14, 1935
