Congressional district

Presidential results by congressional district

George W. Bush of the Republican Party was elected as president of U.S. after winning in 255 districts out of total 435 congressional districts. He was having a 75-seat edge over his rival John Kerry of Democratic Party who won in 180 districts. In 2004, Bush won 27 more districts as compared to 228 districts in 2000 election. There were 59 “turnover” or “split” districts, i.e., those represented in the U.S. House by a member of a party other than the winner of the presidential vote in the district. After the elections in 2004, 41 districts of the 109th Congress were carried by Bush yet represented by a Democrat; 18 districts were carried by John Kerry yet represented by a Republican. This represents a continued decrease over recent presidential elections. In 2000 there were 86 turnover districts. In 1996, there were 110 turnover districts.

Background

All societies must struggle with the subject of what to achieve with their aged and unwell. In the twentieth century most industrial nations produced programs to improve the financial security of these two susceptible groups. In the United States the key in program is known as societal Security. Formally known as Old Age and Survivors and Disability Insurance (OASDI), and Social Security is in fact two separate faith funds, one for retirement and survivorship benefits (OASI) and a further for disability profit.

Over eighty percent of Social Security incomes come from payroll taxes. The rest approach from income taxes paid on Social Security profits and interest profits from treasury bonds bought when Social Security revenues surpass expenditures.

Begin in 1938; OASDI goes further than easy retirement program. Although provided that retirement income to workers, it also pays for them to their spouse and dependents. And it offers profit to family members of workers who have died, in addition to disability profits to workers who turn into disabled ahead of retirement.

In 1940 the maximum Social Security profit was $494 per year ($6,326 during 2001 dollars). In 2001 the greatest annual advantage payable to a single member retiring at age 65 was $18,456. At present Social Security benefits routinely rise at the rate of increase. The program guarantees expenditure for the life of the recipient.

The Social Security profit agenda is progressive, meaning that it assists lower profits workers in excess of upper income workers. The Century base probable that the poorest 20 % of guy workers receive about $3 for each dollar of payroll taxes paid. For women, who are poorer as well as live longer, the ratio is 6 to 1. The richest 20% of guy wage earners obtain 80 cents for each $1 paid in. Female salary earners receive a small over $1.

In 2002 Social Security dispersed benefits to further than 46 million Americans, a number of 39 million through OASI and a further 7 million below disability. About 3 million of the beneficiaries were below 18.

Social Security is the single a good number of important sources of the income for aged Americans. For all households wherever the head of the family is 65 or older, almost 60 percent of their income comes from Social Security. For the poorest 40 percent of these households Social Security gives 80 % of their income.

The problem

People are living longer, a large number of babe boomers are concerning to retire. The group will decrease the number of Social Security contributors while growing the number of recipients.

The law governing Social Security need that the funds show projections to it will be in balance for 75 years keen on the future. Current projections point to the Trust funds will be incapable to pay 100% of their compulsions by 2040.

Back in 1983, Congress recognized the looming demographic and therefore financial trouble and raised Social Security taxes in a bipartisan attempt. This ‘fix’ is creating an enormous excess that will start to be drawn down around 2016. The government spends excesses special nontaxable central securities. As an aside, Social Security's surplus money is typically included in generally federal budget shortages, concealing the true point of such deficits.

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