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Social Security Celebrates its 70th Anniversary

Location: Washington, DC

SOCIAL SECURITY CELEBRATES ITS 70TH ANNIVERSARY -- (House of Representatives - July 28, 2005)

(Mr. PALLONE asked and was given permission to address the House for 1 minute.)

Mr. PALLONE. Mr. Speaker, on August 14, we will be celebrating the 70th anniversary of Social Security, and that is 70 years of a guaranteed, promised benefit to all Americans of a certain age.

I have to say, I was interested to note that I looked on the Social Security Administration Web site, and I did not see any mention of the 70th anniversary. I think the reason is clear. This President, who basically is trying to dismantle Social Security, does not want the Social Security Administration to celebrate this landmark achievement.

Now, the President and House Republicans want Americans to forget how important Social Security has been for seniors and for the disabled for the last 70 years. It is a guaranteed benefit the Republicans want to turn into a risky privatization plan.

I know that the President continues to be on the road pushing his risky privatization plan. Most recently he was there with his mom, Mrs. Bush. And we are hearing that when we come back after the August break, we are going to see the Republican leadership in the House once again move forward with their privatization plan that is going to only aggravate Social Security's insolvency.

Remember: 70 years of a guaranteed benefit.

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