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Amid growing public fear that the social security system was in danger of bankruptcy within a few years, Carter signed the Social Security Financing Amendments Act in December 1977, which corrected a flaw that had been introduced into the benefit formula by earlier legislation in 1972, raised Social Security taxes and reduced Social Security ...
In 1977, President Jimmy Carter and the 95th Congress increased the FICA tax to fund Social Security, phased in gradually into the 1980s. [17] In the early 1980s, financial projections of the Social Security Administration indicated near-term revenue from payroll taxes would not be sufficient to fully fund near-term benefits (thus raising the ...
In 2013, Jimmy and Rosalynn Carter, their son Chip, and their daughter-in-law Becky traveled to the neighborhood of Queens Village in New York City. They worked on five housing construction projects with Habitat for Humanity. [470] In 2013, Jimmy and Rosalynn Carter traveled to Mongolia. Jimmy wanted to learn about the culture of the local people.
Bill Clinton “Hillary and I mourn the passing of President Jimmy Carter and give thanks for his long, good life,” Clinton, the country's 42nd president, said in a statement on Sunday.
President Jimmy Carter, the 39th President of the United States from 1977 to 1981 and awarded the 2002 Nobel Peace Prize, photographed at the Peninsula Hotel in New York on March 26, 2018. Carter ...
Former President Jimmy Carter, a Georgia peanut farmer who vowed to restore morality and truth to politics after an era of White House scandal and who redefined post-presidential service, died ...
May 7 – Carter administration sources report their intent to bolster the Social Security system will urge higher taxes on Social Security recipients and a new use of general tax funds. [185] May 7 – The U.S. government notifies South Africa of U.N. Ambassador Young's intention to visit the country. [186]
May 5 – At a town hall at the Spokane Convention Center, President Carter delivers an address on administration policies and answers questions on tax reduction and reform, peace negotiations and arms sales in the Middle East, the Social Security system, tuition tax credits, solar energy, home ownership, Soviet involvement in Africa, criminal ...