Tag: welfare spending in the US

• The Evolution of a National Debt Burden – Part 7/7

  The 1935 Social Security Act created primarily a pay-as-you-go system, meaning that payments to current retirees come from current payments into the system.

  Lloyd Lofthouse

  December 8, 2012

  crime, crime fraud scams, economics, federal government, finances, jobs, national debt, politics

  deficit spending, Medicaid, Medicare, National Debt, Ronald Reagan, Social Security, United States, United States federal budget, US military spending, welfare spending in the US