Social Security Card
#tRUMP/@POTUS
will have #RealEJAntoni screw with the #CPI which will affect #SocialSecurity recipients next year. Another way he is screwing over #SeniorCitizens once again! #AARP
#NRLN3
Social Security Card
#tRUMP/@POTUS
will have #RealEJAntoni screw with the #CPI which will affect #SocialSecurity recipients next year. Another way he is screwing over #SeniorCitizens once again! #AARP
#NRLN3
🚨🚨Sounding the alarm to all those eligible in 2028 for #Medicare! #DrOz owns stock in Medicare Advantage Plans! He'll be enriched by Bill #HR3467. Call #Republicans in #Congress to stop!🛑
@aarp.org #NRLN3 #MedicareAdvantagePlans
www.morningstar.com/news/marketw...
Reagan's Role: In 1982, President Reagan enacted a payroll tax hike to build up the Social Security Trust funds, anticipating the retirement of the baby boomer generation. Surplus Utilization: The Treasury began using this surplus to fund various government activities, with the understanding that the bonds issued to the Social Security trust funds would be repaid. Not a Direct "Borrowing": While it can be seen as using Social Security funds for other purposes, it wasn't a direct borrowing in the traditional sense, but rather a redirection of funds intended for Social Security for general government spending. Continued Practice: This practice of using Social Security surpluses for non-Social Security purposes was initiated under Reagan and continued by subsequent presidents. Key Point: The mechanism set up by Reagan allowed the government to transfer $2.7 trillion from the Social Security Fund to the general fund over a 30-year period, which means the money was spent on other govern
Some history on #SocialSecurity.
#AARP #NRLN3