Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
293,634
edits
Changes
→President Lyndon Johnson raids the Social Security Trust Fund to wage the Vietnam War
In 1967 President Johnson appointed a Commission on Federal Budget Concepts which in its October 1967 report proposed a unified budget to do this. Johnson submitted the first unified budget to a Democratic Congress for Fiscal Year 1969 scheduled to begin
In 1967 President Johnson appointed a Commission on Federal Budget Concepts which in its October 1967 report proposed a unified budget to do this. Johnson submitted the first unified budget to a Democratic Congress for Fiscal Year 1969 scheduled to begin
on July 1, 1968. Thus was born the practice of using Social Security Trust Fund surpluses – or "Intra-governmental Holdings of Debt" to mask the size of the overall federal deficit.
on July 1, 1968. Thus was born the practice of using Social Security Trust Fund surpluses – or "Intra-governmental Holdings of Debt" to hide the size of the overall federal deficit.
===President Bill Clinton's proposal to Privatize Social Security ===
===President Bill Clinton's proposal to Privatize Social Security ===