Political Quotes

“this amendment is identical to the Social Security Protection Act I introduced yesterday with Senators Mikulski, Boxer, Sherrod Brown, Blumenthal, Stabenow, Akaka, Whitehouse, Begich, and Lautenberg. This legislation has the strong support of the National Committee to Preserve Social Security and Medicare, the American Federation of Federal Employees, the Paralyzed Veterans of America, the Military Order of the Purple Heart, and the Jewish Veterans of America, among others. Social Security is the most successful and reliable Federal program in our Nation's history. For 75 years, through good times and bad, when the economy was strong and when the economy was weak, Social Security has paid out every nickel owed to every eligible American. While we take that for granted, that, in fact, is an extraordinary accomplishment. It is all done at very modest administrative costs. Social Security has been enormously successful in accomplishing exactly what its founders hoped to accomplish. Before President Roosevelt signed the Social Security Act into law in August of 1935, approximately half our senior citizens lived in poverty. Before Social Security, about half our seniors lived in poverty. Today, fewer than 10 percent of seniors live in poverty. That number is too great, but it is a significant improvement over what occurred before the establishment of Social Security.…”