Rep. Xavier Becerra on Social Security
August 14th is the 77th Anniversary of Social Security being signed into law by President Franklin D. Roosevelt. Before Social Security, most working Americans retired into poverty. Today, 160 million workers are building toward a more secure retirement for themselves and their families through their contributions, and 55 million seniors, disabled workers, widows and children currently rely on it for economic security each month. Over its 77 year history, and through 13 recessions, Social Security has never failed to pay on time and in full, and has never added a penny to the nation’s deficit or debt. By the end of 2012, the Social Security Trust Fund is projected to have a $2.7 trillion surplus. Social Security is a sacred bond between young and old that has made America a better country. Seniors have earned it with a lifetime of hard work, and it should be there now and for future generations.
http://becerra.house.gov/index.php?option=com_content&view=article&id=965
It's good to know that Rep. Becerra is at least one wise person on seniors' side.
