Not including the administration issues, there budget for 2006 was 37.8 BILLION dollars and that was up from $36 billion in 2005. Total welfare, SSI and other entitlements make up over one half of the Federal budget. The single highest issue after the debt service. At our current rate of growth this will consume the entire GDP in a few years.
What is the total annual amount collected for Social Security?
58%
Well, it is tough to say the exact number. However Medicare and Medicaid are mandatory spending for the government. Medicare and Medicaid, last year, were a combined 26% of the U.S. federal Budget
none
How much did i pay into social security
16 trillion Dollars
The Social Security Retirement Planner, website www.ssa.gov/retire2/, is a government-run website that has everything you need to know about social security retirement. The site helps you plan and know how much you will be getting for retirement.
27 cents
My aunt had 23,114 dollars of retirement and 16,368 dollars of social security income.Her social security. Is taxable.How much would she have to pay in social security,dollar-wise?
Social security is basically when the government takes a certain percentage of money from the working generation and gives it to the retired generation. When the working generation become retired, they receive social security. Social security started after the Great Depression, when the government needed to make sure that people had money stored away to live after they stopped working. People get certain amounts of social security depending on how much they and their spouses worked as young people, as well as what jobs and how much they gave to social security. The current problem with social security is that the baby boomers are now becoming retired, and there are more of them than the current generation of working people. There is not enough money to support these retiring people, and unless the government subsidies social security or takes other measures, it is likely to fall apart before people currently in their 30s and 40s become retired. So basically, the idea of how social security works is that you put away money and you will get that money when you retire.
= How much will gov take from disability and social security checks?" =
1,000,000,000,000.07
If while receiving social security retirement benefits, I get married, can my wife receive thru me, and if so how much if my monthly check is, $1738.