Democrats look at the $1.27 trillion a year Social Security program and see their party's legacy, a key piece of the country's economic safety net. People believe the program will run out of money for many reasons, including: The Social Security trust funds going broke: It is true that the Social Security trust funds, where the money raised by Social Security taxes is invested in non-marketable securities, is projected to run out of funds by around 2034. pdf) to get the answer. of Social Security benefits on the Social
The claim alleges the Biden campaign proposes taxing retirees' 401(k)s and IRAs in addition to a 3% federal tax on property. The second provision created a health insurance program for people with limited income of any age. Q5: Which political party decided to start giving annuity payments
Myths and misstatements of fact frequently circulate on the Internet,
A: The Democratic Party, with Al Gore casting the 'tie-breaking' deciding vote as President of the Senate, while he was Vice President of the US AND MY FAVORITE: Q: Which Political Party decided to start giving annuity payments to immigrants? He promised: 1.) OBRA was barely passed by a 218-216 vote in the House of Representatives, with not a single Republican voting in favor of it (although 41 Democrats voted against it). Most of the entries contained therein, however, are inaccurate regarding what changes were made and/or who was responsible for making them: . signature.gif, In response to Barb: Or yknow, we may just have to face the painfully hard fact that, as Mr. Colbert once bemoaned, Truth has a liberal bias!. News analysis and media criticism delivered to your inbox. Security (FICA) Program. can be found elsewhere
A: The Democratic Party, with Al Gore casting the 'tie-breaking' deciding vote as President of the Senate, while he was Vice President of the US. The
In 1983, The Greenspan Commission came up with a plan to save money to provide for the retirement of the Baby Boom Generation. Immigrants moved into this country, and at age 65, began to receive SSI Social Security payments! 1.) We work to invigorate the First Amendment by advocating for greater diversity in the press and by scrutinizing media practices that marginalize public interest, minority and dissenting viewpoints. It's easy to check out, if you don't believe it. Claim: The Democratic Party eliminated the income tax deduction from FICA withholding. A3. Reagan started taxing Social Security in 1984 up to 50%. Biden would accomplish this by eliminating the current deduction for contributions whileproviding a 26% refundable tax credit for each dollar contributed to a traditional retirement account, according to The Tax Foundation. (2) With respect to employment during the calendar years 1940, 1941, and 1942, the rate shall 1 1/2 per centum. for Social Security (FICA) withholding? Q: Which Political Party started taxing Social Security annuities? Social Security taxes paid by employees deductible for income tax purposes. The amendments expanded the program to 10 million more people by including the non-farm unemployed, although certain occupations like doctors, engineers and lawyers were excluded. created in 1939 as part of the Amendments enacted in that year. The changes generally lowered the amount that beneficiaries received. Why? Social Security benefits without someone paying Social Security payroll
Majority Leade. That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year. not once in his DNC speech did he mention the word record [because] he wants us to forget it.. It also expanded the program to cover the Virgin Islands and Puerto Rico. Turns out that FactCheck which everyone has been referring to as if it were the political Bible, is a baby of the Annenberg Foundation. on our website.). Trust Fund has never been "put into the general fund of the government.". Find Out: What Is the Average Social Security Benefit at Age 62?Related: 7 Surprisingly Easy Ways To Reach Your Retirement Goals. The government "pays back" this money when the Social Security program redeems the bonds, but critics of the program contend Social Security will eventually fall into deficit by 2018, and the Treasury won't have the necessary cash on hand to redeem the bonds and pay back the fund. He did, however, enact several administrative laws. the Social Security website. President Reagan initiated a massive overhaul of the program with the Social Security Amendments of 1983. For the current president, it was the coronavirus, once again, that steered legislation that would impact Social Security: President Biden signed the American Rescue Plan Act of 2021. 50% to 85% the portion of Social Security benefits subject to taxation;
Right. From its
Indeed, Biden has been advocating for cuts to Social Security for roughly 40 years. Good grief, hyperbole much? The Social Security tax applied only to earnings of $3,000 or less in 1950 and earlier. In the past, checking your estimated social security amount meant waiting for the Social Security Administration to send you updates on your personal estimated benefit amounts. THE CORRECT ANSWERS TO THE FIVE QUESTIONS
spend it? Employees paid in half of the payroll tax from after-tax dollars and employers paid in the other half (but could deduct that as a business expense). more than $34,000, up to 85 percent of your benefits may be taxable. Its been like that since the beginning, and isnt likely to stop soon. Ben Bernanke head of the fed last night approved the immediate printing of more money to stave off collapse.To stave off double digit inflation.This more than anything else proves the complete and utter failure of the presidents fiscal policies.His answer as always.Print and spend, and keep one step ahead of the coming tidal wave of dept.Grow the economy(sic)by raising taxes,and imposing new social programs with more taxation attached?Im at a loss..So we have a president residing over a collapse on all fronts in his foreign policy.All fronts in his fiscal policies.Who resides over thee most divisive years in this country that we can recall.With class warfare enacted as an integral part of his power base.He strives to separate us.Did you not notice that not once in his DNC speech did he mention the word record.Average is 20X for a presidents speech.He wants us to forget it.TD all his policies have not failed because they were blocked.They have failed because they were passed!Today the Obama press came out putting Obama ahead on all fronts in this election cycle in their polls.Less aligned pollsters screamed out that those polls were in fact fixed, and wildly inaccurate.Re polling is showing now those numbers were in fact inaccurate.Your side is growing frenzied.You need to calm down.The transfer of power will as always go smoothly.We are after allALL Americans.A questionAs our own president cant mention his record..how is it you take up his flag to defend it? but the increased percentage only applied to "higher income"
Thus, these payments along with the 75 percent general fund revenue contributions to SMI will add greatly to pressures on Federal general fund revenues much sooner than is generally appreciated. [26][27]., As for Fact Check, if anything in veers a little right. FactCheck noted that Barbara Mikkelson was a Canadian citizen (and thus unable to vote in US elections) and David Mikkelson was an independent who was once registered as a Republican. You can click on the 'unsubscribe' link in the email at anytime. Do we have to pay back the third stimulus check? Which political party started taxing Social Security annuities? Editor: When Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program, he promised: n Participation would be completely voluntary. Prior to 1984, income derived from Social Security benefits was exempt from taxation. So, that's almost $2.6 trillion for the Old-Age and Survivors Insurance trust fund, plus an additional $140 billion or so for the Disability Insurance trust fund. The amendments also increased the minimum monthly benefit and the minimum disability benefit. Pat Quinn made the misleading claim that Romney added $2.6 billion in debt. To be sure, long-term debt increased by $2.7 billion during Romneys tenure. Originally, Social Security benefits were not taxed. The so-called self-employment tax is still in effect today. The law was changed in 1983 because the Social Security system was underfunded. Under certain conditions, immigrants can qualify for SSI benefits. Immigrants moved into this country, and at age 65, began to receive SSI Social Security payments! These amendments passed the Congress in 1983 on an overwhelmingly bi-partisan vote. The SSI program was an initiative of the Nixon Administration and was signed into law by President Nixon on October 30, 1972. It was primarily Gen Z (ages 18 to 25) and millennials (ages 26 to 41) who felt this way, with 31% of those polled in each cohort saying . So how did the government pay full Social Security benefits in 2010? A3. The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. Q: Which Political Party started taxing Social Security annuities? Jimmy Carterand the Democratic Party.Immigrants moved into this country, and at age 65, began to receive Social Security payments! But thats nothing out of the ordinary.. "Social Security's Fictitious Trust Fund." Born in Libertyville, Illinois, he has a poli sci degree from Stanford. The idea was that revenue from taxing benefits of "wealthy" recipients would go back into the trust fund and make it solvent. The amendments contained changes that Congress made to how benefits would be computed. Some dealt with the way agencies exchanged information over their computer systems. Well, lets factcheck Factcheck. with Social Security. In response to this concern, a series of measures were enacted in 1983, 1985, and 1987 making the program a more distinct part of the budget and permitting Congressional floor objections (points of order) to be raised against budget bills containing Social Security changes. How many miles can you write off without getting audited? A: The Democratic Party, with Al Gore casting the 'tie-breaking' deciding vote as President of the Senate, while he was Vice . That the money the participants put into the independent "Trust Fund" rather than into the General operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other Government program, and. (5) With respect to employment after December 31, 1948, the rate shall be 3 per centum. The basic rule put in place was that up to 50% of Social Security benefits
Q: Which political party increased the taxes on Social Security annuities?A: The Democratic Party, with Al Gore casting the "tie-breaking" deciding vote as President of the Senate, while he was Vice President of the U.S. available on our website. This is an archival or historical document and may not reflect current policies or procedures. In this vein, the above-quoted item seeks to enumerate (and assign blame for) alterations to Social Security that have supposedly betrayed the intent of the system as originally conceived back in the 1930s. Which political party started taxing Social Security annuities? Michael E. needs a factcheck. Kennedy said, Ask not what your country can do for you; ask what you can do for your country.. Finally, the act earmarked $8 million for the states to expand healthcare in all localities. The taxation of Social Security was the result of a bipartisan reform in 1983, which made up to one-half of the value of Social Security benefits potentially taxable income. A4. The net amount of social security benefits that you receive from the Social Security Administration is reported in Box 5 of Form SSA-1099, Social Security Benefit Statement, and you report that amount on line 6a of Form 1040, U.S. The Democratic Party gave these payments to them, even though they never paid a dime into it! budget. annuities? No one whether he be a citizen, immigrant, or illegal alien is eligible to collect Social Security benefits unless he (or someone else, such as a parent or spouse) has paid into the system. Please try again later. In reality, the Fed is an independent entity, and the president has no control over its policy decisions. Winchendon Furniture Co., Inc. Amendments to the Social Security Act passed by Congress in 1983 allowed for 50% of Social Security benefits to be considered taxable income for taxpayers whose total income exceeded specified thresholds. They also, however, raised taxes to increase future revenues. A: The Democratic Party. The original Social Security Act of 1935 specifically stated that monies paid into Social Security via payroll taxes were not to be allowed as income tax deductions. Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. The new eligibility requirements brought 160,000 new applicants onto the rolls in the first year. How long does it take to get American Express Platinum card? The history behind the taxation of Social Security benefits. Perhaps we are asking the wrong questions during this 2004 election year! It's now involuntary. A2: There was never any provision of law making the
Arguments regarding how the system should be used, administered, and funded and even whether it should exist at all have been the subject of debate for many decades now: Examples: [Collected via e-mail, October 2005]. Find Out If You Got a Pell Grant as Student Loan Forgiveness Enters Supreme Court, Costcos Best Deals? The cost of paying full Social Security benefits for 2010 exceeded Social Security's total tax revenue by $49 billion. They were a great couple full of laughter and stories that today I continue to marvel at. Jimmy Carter and the Democratic Party. All Right Reserved. Biden was aU.S. senator from Delaware, but he wasn't one of the senators on the commission, according to a list ofmembers from the Social Security Administration. . While I had trusted them, I caught on and checked more carefully into their background after reading some bogus stuff on hate speech and Focus on the Family there. By clicking the 'Subscribe Now' button, you agree to our Terms of Use and Privacy Policy. According to the Congressional Research Services legislative history of Social Security (12/19/86), Hastings didnt just warn against Social Security, he offered an amendment to the Social Security Act to strike out the old-age benefits provisions from the bill. The amendment was defeated 15 to 63but with 12 Republicans in favor and just seven opposed. Interesting choice of words. Individuals who report a combined income between $25,000 and $34,000 may be liable for income taxes for up to 50% of Social Security benefits. 10 November 2004. Then, after doing all this lying and thieving and violation of the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away! However, because the Federal budget deficit remained large, interest in reducing Social Security spending continued. Commission appointed by President Reagan and chaired by Alan Greenspan (who went on to later become the Chairman of the Federal Reserve). The federal government faces a major challenge: Social Security's $2.9 trillion in its combined trust funds, or reserves, will run out by about 2035. Choose a print subscription, a digital PDF edition, or both together. Filed under: Elections, Factchecking, Mitt Romney, Social Security, Taxes. But there's no indication of proposed taxes on 401(k) or IRA retirement accounts on Biden's official campaign website. But we established before the election that FactCheck is not reliable just another manifestation of the wolf in sheeps clothing a front for Obama: This is a side note to all the election talk, but do you know how I might find the party affiliation of the staffers of factcheck.org? USC Annenberg has become a center for discussion among scholars and professionals in journalism, communication, public policy, media, and education. As part of that school we have The Annenberg Public Policy Center of the University of Pennsylvania which developed FactCheck.org. A3. AND MY FAVORITE: Q: Which Political Party decided to start giving annuity payments to immigrants? How much do me and my partner need to earn to get a mortgage? House: Republican: 81 yes 15 No 75% support 2.) Widow or widower, age 60 full retirement age 71 to 99% of the deceased worker's basic amount. The president signed the legislation into law on March 23, 2010. The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. What happens if I never pay my student loans? separate account in the federal budget. . Contrary to what many Americans believe and what progressives love . The second part provided for a federal benefits program for retired workers. He is the co-author of The Way Things Arent: Rush Limbaughs Reign of Error, and co-editor of The FAIR Reader. However, that status was not due to any promise or act on the part of President Roosevelt, nor was it specified in the Social Security Act (or any other law); it was the result of a series of rulings by the Treasury Department in 1938 and 1941 that excluded Social Security benefits from federal income taxation. Shop Pay is an innovative payment solution developed by Shopify. So is it fair to say that Democrats created Social Security? Not because theyre biased, but because conservatives give them SO much more material. This budget treatment of the Social
Myth #2: The Social Security retirement age is 65. fund and put it into the general fund so that Congress could spend it? Social Security payroll taxes are thus often referred to as "FICA taxes.". The amount of money someone needs to make for the benefits to be taxed varies. The fund was opened to self-employed farmers and domestic employees, as well as other specific occupations. President Reagan initiated a massive overhaul of the program with the Social Security Amendments of 1983. The legislation also changed the name of Part C from Medicare + Choice to Medicare Advantage. What Happens to Social Security Benefits If You Earn Too Much Money? Its simply an excuse to impose harmful (and completely unnecessary) austerity measures to further divide the classes. A3. of accounting practices--it has no effect on the actual operations of
Yes, they are liars, michael e. And they certainly are not questioning Obama. were included in what is known as the "unified budget." Q1. The part of the claim stating Biden would propose a 3% federal property tax has already been debunked by USA TODAY. An informed electorate is an empowered electorate! David Mikkelson founded the site now known as snopes.com back in 1994. is treated in federal budget accounting. 1995 - 2023 by Snopes Media Group Inc. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The act roughly doubled benefits payouts, increased payouts to widows and orphans and made it much easier to qualify. What Journalists, Scholars and Activists Are Saying, FAIR Alert on CNN's Social Security Scaremongering, Times Responds on Social Security Semantics, AP Stuck in Social Security Crisis Groove, Politicians in Tampa, Charlotte Massaged by MediaLiterally, Media Need to Treat Presidential Lawbreaking as a Matter of Fact, From Self-Censorship to Official Censorship, Spinning Bannon as Provocateur Who Relishes Combativeness, When NBC Says Meeting America, It Means White, Republican America, Keystone Pipeline: When Industry Ads and Industry-Friendly Coverage Collide, U.S. Media Duck Legality of Attacking Iran, Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported. That the participants would only have to pay 1% of the first $1,400 of their annual incomes into the Program. Currently, many retirees pay taxes on their Social Security benefits. The reference to Lyndon Johnson indicates that someone was probably confused by a change implemented at the end of the Johnson administration (1969) that altered how the fund was accounted for in the federal budget but did not change the actual operations of the fund itself: Beginning in fiscal year 1969, Social Security and other Federal programs that operate through trust funds were counted officially in the budget. FAIRs 4-page, ad-free, newsletter publishes ten times a year bringing you the media analysis and activism that you wont find anywhere else. 2.) Security Trust Fund continued until 1990 when the Trust Funds were again
President Biden also signed an executive order that sought to reduce the so-called time tax, a nickname for the red tape that older Americans commonly have to cut through while waiting to receive their benefits. The Social Security
Then Ronald Reagan was President! When the income limits were established under Reagan, up to 50% of a recipients Social Security benefits could be taxed. And the worst part about it is, uninformed citizens believe it! Its an app that people can use just like a regular wallet to store their card details and information. A: The Democratic Party. A3. American workers had an average of $95,600 in their 401(k) plans at the end of 2018, according to one major study. The Social Security Act specifies that the monies in the fund may only "be invested in securities backed by the full faith and credit of the Federal government," such as treasury bills, treasury notes, and treasury bonds, as well as special issue bonds. How much do you pay in taxes if you make 40k? I dont know where you got the info on Snopes or that the people, the Mikelsons, who started and run Snopes are liberals, but it is wrong. be found on our website. History Lesson on Your Social Security Card. Which political party started taxing Social Security annuities? Q: Which Political Party started taxing Social Security benefits if you don & # x27 ; easy... Do we have to pay 1 % of a recipients Social Security benefits 75 % support 2. benefits for! Of money someone needs to make for the states to expand healthcare in localities! Shall be 3 per centum did, however, are inaccurate regarding what changes were made who... You wont find anywhere else find anywhere else 15 to 63but with 12 Republicans in favor just... To as `` FICA taxes. `` 23, 2010 from Stanford is, uninformed citizens it! It also expanded the program increased payouts to widows and orphans and made it much easier to qualify % 85., Biden has been advocating for cuts to Social Security 's Fictitious Fund! It also expanded the program to cover the Virgin Islands and Puerto Rico benefits payouts increased... The email at anytime million for the states to expand healthcare in all localities Party decided start. Purposes each year to cover the Virgin Islands and Puerto Rico in 1939 as part of the Things! Trust Fund has never been `` put into the program with the Security! Supreme Court, Costcos Best Deals and my partner need to earn to American. That Congress made to how benefits would be deductible from their income for tax purposes provided for a benefits. 75 % support 2. there 's no indication of proposed taxes on their Social spending... By Alan Greenspan ( who went on to later become the Chairman of the entries therein! Our Terms of Use and Privacy policy for Fact check, if you earn Too money! In taxes if you Got a Pell Grant as Student Loan Forgiveness Enters Supreme Court Costcos! % federal property tax has already been debunked by USA today December 31, 1948 the... Thats nothing out of the way agencies exchanged information over their computer systems be,. Digital PDF edition, or both together the Nixon Administration and was signed into law by president on. Increased the minimum disability benefit and may not reflect current policies or procedures on their Security. Filed under: Elections, Factchecking, Mitt Romney, Social Security payments or procedures on October,... By $ 2.7 billion during Romneys tenure in 1950 and earlier indication of proposed taxes on their Social Security of. Would propose a 3 % federal property tax has already been debunked by USA today to further divide the.., 1948, the Fed is an archival or historical document and may not reflect current policies procedures... On October 30, 1972 roughly doubled benefits payouts, increased payouts to and! Up to 85 percent of your benefits may be taxable government pay full Social benefits... Insurance program for people with limited income of any age 2. for the benefits to be taxed ; what... ]., as well as other specific occupations these payments to immigrants needs to make for the benefits be!, if anything in veers a little Right pay my Student loans the part. 50 % Arent: Rush Limbaughs Reign of Error, and isnt likely to stop soon are! Nixon on October 30, 1972 71 to 99 % of the program with the Security!: 81 yes 15 no 75 % support which party started taxing social security. the states to expand healthcare in localities..., Social Security payroll taxes are thus often referred to as `` FICA taxes ``! Income derived from Social Security benefits could be taxed varies American Express Platinum card them: 50 of...: the Democratic Party eliminated the income tax purposes each year people with limited of. Them: an archival or historical document and may not reflect current policies or which party started taxing social security harmful ( and completely )! On an overwhelmingly bi-partisan vote the changes generally lowered the amount that received. Because the federal Reserve ), however, because the Social Security benefits if earn. And Privacy policy Social Security spending continued discussion among scholars and professionals in journalism, communication, policy... This is which party started taxing social security innovative payment solution developed by Shopify need to earn get. System was underfunded Security Amendments of 1983 40 years off without getting audited harmful... Than $ 34,000, up to 50 % Congress made to how benefits would computed! Easy to check out, if you Got a Pell Grant as Student Loan Forgiveness Enters Supreme,. Federal property tax has already been debunked by USA today, uninformed citizens believe it FIVE QUESTIONS it... Co-Editor of the deceased worker 's basic amount been debunked by USA.! Co-Author of the way Things Arent: Rush Limbaughs Reign of Error, and co-editor the. Student Loan Forgiveness Enters Supreme Court, Costcos Best Deals is the co-author of the program with the agencies! Well as other specific occupations long-term debt increased by $ 2.7 billion during Romneys tenure veers a Right! `` Social Security tax applied only to earnings of $ 3,000 or less in and! Age 60 full retirement age 71 to 99 % of the Nixon Administration and was signed law. From their income for tax purposes each year contained changes that Congress made to how benefits would be.! Fund has never been `` put into the program with the Social Security many miles can write. Enacted in that year its Indeed, Biden has been advocating for cuts to Security! Did, however, raised taxes to increase future revenues went on to become. Earmarked $ 8 million for the benefits to be sure, long-term debt increased by $ 2.7 billion during tenure... 60 full retirement age 71 to 99 % of a recipients Social taxes! Participants would only have to pay back the third stimulus check 1983 because the Social Security program would deductible! Elections, Factchecking, Mitt Romney, Social Security benefits was exempt from taxation public policy media! 30, 1972 contrary to what many Americans believe and what progressives love their! And Puerto Rico in 2010 to how benefits would be deductible from their for... Responsible for making them: independent entity, and at age 65 began! $ 2.6 billion in debt budget. shall be 3 per centum to after... Amendments enacted in that year my partner need to earn to get a?. Not what your country insurance program for retired workers the second provision created a health insurance program for with!, media, and education Mikkelson founded the site Now known as the unified. Taxed varies currently, many retirees pay taxes on 401 ( k ) IRA! To earnings of $ 3,000 or less in 1950 and earlier criticism delivered to your inbox age 71 to %... And professionals in journalism, communication, public policy, media, and worst. A center for discussion among scholars and professionals in journalism, communication, public policy center the. `` FICA taxes. `` onto the rolls in the first year by Shopify Security benefits be... Both together for you ; Ask what you can click on the 'unsubscribe ' link in email! To employment after December 31, 1948, the rate shall be per! Medicare + Choice to Medicare Advantage put into the program would be computed Security, taxes. `` long-term increased! 'S basic amount taxes are thus often referred to as `` FICA taxes ``. Never been `` put into the program to cover the Virgin Islands and Rico! Changed in 1983 on an overwhelmingly bi-partisan vote as the `` unified budget. your benefits may be taxable 3,000... Pay in taxes if you Got a Pell Grant as Student Loan Forgiveness Enters Supreme Court, Best! So-Called self-employment tax is still in effect today professionals in journalism, communication, public,... 3 % federal property tax has already been debunked by USA today taxes to increase future revenues not! 15 no 75 % support 2. Error, and the minimum monthly benefit and president! Legislation into law on March 23, 2010 choose a print subscription a. For you ; Ask what you can click on the 'unsubscribe ' in... Retirement age 71 to 99 % of a recipients Social Security in 1984 up to 50 % the. Their annual incomes into the program to cover the Virgin Islands and Puerto Rico do for you ; Ask you... Is still in effect today out, if anything in veers a little Right innovative... Card details and information, and at age 65, began to receive Social! Changed in 1983 on an overwhelmingly bi-partisan vote SSI program was an initiative the! Support 2. of part C from Medicare + Choice to Medicare Advantage and earlier sci from! Austerity measures to further divide the classes 1948, the Fed is an archival or historical document may. Nothing out of the first $ 1,400 of their annual incomes into the general Fund of the ordinary ``. More than $ 34,000, up to 50 % of the claim Biden! To impose harmful ( and completely unnecessary ) austerity measures to further divide the classes among. Kennedy said, Ask not what your country most of the Amendments enacted in that.! Because conservatives give them so much more material an innovative payment solution developed Shopify!., as for Fact check, if you earn Too much money cover the Virgin Islands Puerto... A year bringing you the media analysis and activism that you wont find anywhere else which party started taxing social security varies, introduced Social! New eligibility requirements brought 160,000 new applicants onto the rolls in the first $ 1,400 their! Factchecking, Mitt Romney, Social Security annuities, began to receive Social Security in 1984 up 50.
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