Congressional Black Caucus Chairman G. K. Butterfield (NC-01) released the following statement recognizing the 80th anniversary of the Social Security Act, signed into law by President Franklin D. Roosevelt on August 14, 1935:
“For eight decades, Social Security has served as the foundation of retirement security for millions of Americans and has proven to be the country’s most effective poverty prevention program.
“Social Security keeps 22 million Americans out of poverty, including more than 1 million children, nearly 15 million seniors, and 6 million adults younger than 65. In addition to retirement, the Social Security program has helped many individuals avoid poverty, and together with Medicare, Medicaid and the Affordable Care Act, Social Security provides essential protections and safeguards for America’s families.
“As we recognize 80 years of effective solutions for America’s families, the Congressional Black Caucus remains committed to our work to defend Social Security and other social safety net programs that serve to protect our most vulnerable communities and ensure opportunity for all Americans today and for future generations.”