Which political party took Social Security from the independent trust fund and put it into the general fund so that Congress could spend it?
A1: There has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government. The Social Security Trust Fund was created in 1939 as part of the Amendments enacted in that year. From its inception, the Trust Fund has always worked the same way. The Social Security Trust Fund has never been “put into the general fund of the government.
Related Questions
- If this Referendum is independent of any organization, church denomination and political party, then why is it presented by AssyriaSat and Bet-Nahrain organization?
- Which political party took Social Security from the independent trust fund and put it into the general fund so that Congress could spend it?
- How is Congress dealing with the trust fund’s budget and its obligations to state transportation projects?
