0
Was President Lyndon B Johnson the first President to borrow money from the Social Security Bank?
Wiki User
∙ 6y ago
No
Anonymous
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.
Add your answer:
Earn +20 pts
Medicare is a social program enacted during the terms of which President?
Lyndon Johnson.
Medicare is a social program that was enacted during the terms of President?
lyndon Johnson It was president Johnson.
What was added to the social security as part of president Lyndon b Johnson's great society?
basic medical services for the poor and disabled
What party started medicare or social security?
The Democratic Party under President Franklin D Roosevelt (for Social Security, 1935), and the same party under Lyndon Johnson for Medicare (1965).
Which president started the Great Society social policy?
Lyndon Johnson
The Great Society was a social plan developed by President:?
Lyndon Johnson
What was the name for President Lyndon Johnson's liberal social and economic program?
Great Society
How was Lyndon Johnson a tragic president?
Johnson hoped to be remembered for his social programs, but he got bogged down in the Viet Nam War.
Which president declared a war on poverty?
Lyndon Johnson is noted for his war on poverty . Some say that poverty won.
What president borrowed the most from Social Security Trust a Fund?
johnson
Who started Medicare and Medicaid and why?
Lyndon Johnson started Medicare and Medicaid to ensure that the elderly and the poor would have medical care.
What was President Lyndon Johnson social policy called?
The Great Society
