All revenue, tax, and "money bills" originate in the House of Representatives
The lion's share of it is heavily between Defense and Social Security. Waste in the Social Security system exists, but is relatively nominal, all things considered. The amount of waste in the Defense budget, however . . .
All laws that deal with money must originate from Congress. This is the group responsible for raising money for the federal government mainly through taxes.
Social security
False. It is in the House.
The gov spends the most money on health and human services which account for programs like welfare and temporary aid for needy families and the like. That cost about $900 billion a year, then its social security and then its defense. So we spend more on social programs then we do on defense.
is there a limit as to how much money a person on social security can accumulate
No, you cannot use a social security card to withdraw money. A social security card may be useful if you want to open a bank account, though, and you can withdraw money from that.
Not likely. Most insurers, if they know that they are on social security benefits, would not loan the money to them.
It gave federal money to states to fund social programs
Yes, social security money can be claimed from a deceased father after one year.
Social Security has been in trouble for years and years, I will never see my money, this I know.
Social security will provide plenty of money for most retirements.
The money deducted from your paycheck for federal taxes goes to fund various government programs and services, such as national defense, social security, healthcare, education, and infrastructure.
You can make as much money as you want if you are on Social Security. If you are younger than a specified age, your Social Security payment will be reduced by a fraction of the money you make that is greater than a set amount (one dollar for every three dollars you make over that amount). But the result is always that you have more money than you would if you were on Social Security alone.
yes
To increase the amount of social security money you receive, you can work longer and earn more money, as social security benefits are based on your highest 35 years of earnings. Additionally, delaying your retirement age can also increase your benefits.