President Franklin D. Roosevelt signed the Social Security Act into law 90 years ago on Aug. 14, 1935.
Social Security provides benefits to almost 69 million Americans monthly, and has never missed a payment. The program faces a looming shortfall in money to pay full benefits. This has been a concern for several decades.
The group Social Security Works presented a virtual press call demanding protection of the program featuring Sen. Bernie Sanders, I-Vermont, and several Democratic legislators, including Sen. Ron Wyden, of Oregon; and Martin O’Malley, commissioner of the Social Security Administration (SSA) in the Biden Administration.
Nancy Altman, president of Social Security Works , hosted the call.
“It's important to celebrate the last 90 years of success. It's also important t