0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are the differences between owners fund and borrowed fund?
The difference between owner's funds and borrowed funds is just that. One is owned, and the other must be paid back.
What president borrowed the most from Social Security Trust a Fund?
johnson
What are the key differences between owners funds and borrowed fund?
The difference between owner's funds and borrowed funds is just that. One is owned, and the other must be paid back.
Have west African coastal countries borrowed money from the world bank an international monetary fund?
true
How much surplus did us have when Clinton left office?
Clinton ran deficits throught all 8 years of his term, and one can go to the US Treasury Department and looking through the history of the total outstanding debt through Clintons term. Every year Clinton was in office, the total national debt continued to climb. How Clinton managed to claim a surplus was that while the general operating budgets ran deficits but Clinton borrowed from numerous off budget funds to make the on budget fund a surplus. For example, in 2000, Clinton claimed a $230B surplus, but Clinton borrowed $152.3B from Social Security $30.9B from Civil Service Retirement Fund $18.5B from Federal Supplementary Medical insurance Trust Fund $15.0B from Federal Hospital Insurance Trust Fund $9.0B from the Federal Unemployment Trust Fund $8.2B from Military Retirement Fund $3.8B from Transportation Trust Funds $1.8B from Employee Life Insurance & Retirement fund $7.0B from others Total borrowed from off budget funds $246.5B, meaning that his $230B surplus is actually a $16.5B deficit. ($246.5B borrowed - $230B claimed surplus = $16.5B actual deficit). If there is ever a true surplus, then the national debt will go down. the national debt did not go down one year during the Clinton administration.
How many presidents signed an IOU for borrowed SS money and never paid it back?
I am not sure what you want to know. Presidents can not borrow money from the US treasury, nor do they sign notes for such loans. The social security trust fund was begun in 1939. The money in the fund has always been "invested" entirely in US government bonds which means its full balance was always borrowed from by the government. SS does not really have any money , except the government IOU's in its fund. Of course, it is not the President, but the Congress which controls the money and if changes are to be made, Congress would have to pass the laws to make them.
How did Clinton create a budget surplus?
He borrowed money from off budget funds! Here is a basic run down, but follow the links to the government website to seek the truth for yourself so you will know its not just some guy on his computer lying to you. The facts are on the government run websites...don't use Fox, MSNBC , FactCheck, or others because they are going to do the same thing Clinton did...Lie. How Clinton managed to claim a surplus was that while the general operating budgets ran deficits but Clinton borrowed from numerous off budget funds to make the on budget fund a surplus. For example, in 2000, Clinton claimed a $230B surplus, but Clinton borrowed $152.3B from Social Security $30.9B from Civil Service Retirement Fund $18.5B from Federal Supplementary Medical insurance Trust Fund $15.0B from Federal Hospital Insurance Trust Fund $9.0B from the Federal Unemployment Trust Fund $8.2B from Military Retirement Fund $3.8B from Transportation Trust Funds $1.8B from Employee Life Insurance & Retirement fund $7.0B from others Total borrowed from off budget funds $246.5B, meaning that his $230B surplus is actually a $16.5B deficit. ($246.5B borrowed - $230B claimed surplus = $16.5B actual deficit). If there is ever a true surplus, then the national debt will go down. the national debt did not go down one year during the Clinton administration. FY1993 $4.411488 trillion FY1994 $4.692749 trillion FY1995 $4.973982 trillion FY1996 $5.224810 trillion FY1997 $5.413146 trillion FY1998 $5.526193 trillion FY1999 $5.656270 trillion FY2000 $5.674178 trillion FY2001 $5.807463 trillion
Why did Louis XVI's France such a large national debt?
The French government had helped fund the American Revolution.
Who was the last president to have a surplus in the federal budget?
Clinton did not have a surplus of $230B in the year 2000 because he had to borrow $246.5 From numerous other off budget funds. Clinton NEVER ran a surplus during his 8 years in office, he just borrowed yearly from different budgets, (primarily the SS budget) to offset the general fund losses. In 2000 the following funds were borrowed which resulted in a $16.5 deficit. $152.3B from Social Security $30.9B from Civil Service Retirement Fund $18.5B from Federal Supplementary Medical insurance Trust Fund $15.0B from Federal Hospital Insurance Trust Fund $9.0B from the Federal Unemployment Trust Fund $8.2B from Military Retirement Fund $3.8B from Transportation Trust Funds $1.8B from Employee Life Insurance & Retirement fund $7.0B from others Total borrowed from off budget funds $246.5B, meaning that his $230B surplus is actually a $16.5B deficit. ($246.5B borrowed - $230B claimed surplus = $16.5B actual deficit). The last time the federal government ran a true suplus was 1969, the total surplus was $3.2B and before that was $1960, $.3 B Translation, when you are taking more than you are spending,, that is a surplus, and we were not taking in more than we were spending under Clinton.
What is the verb phrase in the sentence She should not have borrowed your dress?
The verb phrase is "should have borrowed."
A list of presidents that borrowed from the social security fund and what they borrowed the money for or what they funded with it?
No President has borrowed money from Social Security. Only Congress can authorize borrowing money. Art. 1 Sec 8- The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and generalWelfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; To borrow money on the credit of the United States;
What are 5 foreign words that English has borrowed from other languages?
Bon appétit: borrowed from French Kindergarten: borrowed from German Tsunami: borrowed from Japanese Fiesta: borrowed from Spanish Cliché: borrowed from French
