Loebsack Applauds 79th Anniversary of Social Security

Statement

Today, Congressman Loebsack marked the 79th anniversary of the enactment of Social Security and released the following statement. The Social Security Act was signed into law by President Franklin Roosevelt on August 14, 1935.

"For years, Social Security has provided Americans with the promise of economic security in retirement. As someone who was raised in poverty by my grandmother who relied on Social Security survivors benefits to put food on the table for my siblings and me, I know how vital this initiative is for both seniors and their families.

"That is why I staunchly oppose efforts to privatize Social Security and end the guarantee to seniors that a lifetime of work will be rewarded with the peace of mind, certainty, and sense of security of a stable retirement. Remembering what it was like to sit around the table and wonder how to pay the bills each month, I firmly believe that no senior should face the possibility of retiring into poverty. We must keep the promise that we have made to our seniors."

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