Rep. Pallone on the 77th Anniversary of Social Security
LONG BRANCH, NJ – Congressman Frank Pallone, Jr. (NJ-06) today released the following statement to mark the 77th anniversary of the Social Security Act being signed into law, thus providing millions of seniors with retirement security:
“Today marks the 77th anniversary of Social Security, and it is an important opportunity for all Americans to reaffirm our commitment to protecting and strengthening this critical program for future generations. The Social Security Act, signed into law by President Roosevelt, launched one of the most successful programs in American history, enabling seniors to retire with dignity, disabled workers and their families to support themselves and families who lost a loved one to live securely.
“Social Security is based on the promise that hard working Americans who contribute to the system will be able to rely on its benefits when they are needed. However, the Romney-Ryan agenda seeks to break this promise to our seniors by privatizing Social Security and slashing its benefits. This is not only unnecessary, since Social Security is solvent and will end the year with a $2.7 trillion surplus, it will put seniors’ retirement income at risk and threaten the economic security of millions of Americans. I will continue to fight against such proposals in order to preserve and improve Social Security for the future.”