Since Social Security was established by President Franklin D. Roosevelt in 1935 to ensure economic security for American workers, poverty among American seniors has dramatically declined.
More Quotes from Steve Israel:
As we discussed earlier today, any money borrowed for the Social Security trust fund has been guaranteed with special U.S. Treasury bonds.Steve Israel
It is estimated that raising the retirement age to 70 would cut the shortfall by about 36%. But this proposal has some drawbacks. Women and men who have worked jobs that require manual labor all of their lives may not physically be able to do work until they are 70 years old.
Steve Israel
I believe that as a nation we must have a bipartisan discussion about how to best preserve and protect Social Security for our seniors and for future generations of Americans.
Steve Israel
The President and I agree that Social Security needs to be preserved so that we can ensure that all Americans receive the retirement benefits they've been promised. But we disagree as to how best to fix the system.
Steve Israel
Our Nation's immigration laws are disrespected both by those who cross our borders illegally and by the businesses that hire those illegal immigrants.
Steve Israel
As a result of the current universal benefit, the poverty rate for seniors in America is about 10%. Without the universal benefit, it would be over 50%.
Steve Israel
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