August 14, 2010

(FDR - HR 7260 saved a few million people and still does)

Lest we all forget, August 14, 1935 was the day HR 7260, The Social Security Act of 1935 passed into law, after a series of knock-down drag-out battles.

FDR: “If the Senate and the House of Representatives in this long and arduous session had done nothing more than pass this Security Bill, Social Security Act, the session would be regarded as historic for all time.”

And seventy-fives years later, it's still around, still bashed, still attacked, and still saving the majority of Americans hitting 65 ever since.

Lucky, no?

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