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Since 2009, the salaries per annum of members of the United States Congress have been as follows: [6] Position. Salary. Speaker of the House of Representatives. $223,500. Majority leader and minority leader of the House of Representatives. $193,400. President pro tempore of the Senate. $193,400.
The United States Social Security Administration ( SSA) [2] is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability and survivor benefits. To qualify for most of these benefits, most workers pay Social Security taxes on their earnings; the claimant ...
Andrew Marshall Saul. ( 1946-11-06) November 6, 1946 (age 77) New York City, U.S. Political party. Republican. Education. University of Pennsylvania ( BS) Andrew Marshall Saul (born November 6, 1946) is an American businessman and political candidate who served as commissioner of the United States Social Security Administration from 2019 to 2021.
The current Social Security COLA projection for 2025 is 2.66%, according to the Senior Citizens League. TSCL updated its 2025 COLA prediction based on April’s CPI-W data, which came in at 3.4% ...
The Social Security Act was enacted August 14, 1935 (88 years ago). The Act was drafted during President Franklin D. Roosevelt's first term by the President's Committee on Economic Security, under Frances Perkins, and passed by Congress as part of the New Deal.
In 2024, the maximum taxable income is $168,600 a year, up from $160,200 in 2023. Any earnings above that are not subject to Social Security taxes. The figure is adjusted every year based on ...
It is also the maximum amount of covered wages that are taken into account when average earnings are calculated in order to determine a worker's Social Security benefit . In 2020, the Social Security Wage Base was $137,700 and in 2021 was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. [1 ...
The federal debt at the end of the 2018/19 fiscal year (ended September 30, 2019) was $22.7 trillion (~$27.1 trillion in 2023). The portion that is held by the public was $16.8 trillion. Neither figure includes approximately $2.5 trillion owed to the government. [83] Interest on the debt was $404 billion.
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