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The Social Security Act of 1935 is a law enacted by the 74th United States Congress and signed into law by US President Franklin D. Roosevelt. The law created the Social Security program as well as insurance against unemployment. The law was part of Roosevelt's New Deal domestic program.
The most important program of 1935, and perhaps of the New Deal itself, was the Social Security Act. It established a permanent system of universal retirement pensions (Social Security), unemployment insurance and welfare benefits for the handicapped and needy children in families without a father present.
The Social Security Act created a Social Security Board (SSB), to oversee the administration of the new program. It was created as part of President Franklin D. Roosevelt 's New Deal with the signing of the Social Security Act of 1935 on August 14, 1935. [8]
The Second New Deal is a term used by historians to characterize the second stage, 1935–36, of the New Deal programs of President Franklin D. Roosevelt. The most famous laws included the Emergency Relief Appropriation Act , the Banking Act, the Wagner National Labor Relations Act, the Public Utility Holding Companies Act, the Social Security ...
The Social Security Act was enacted August 14, 1935 (88 years ago). The Act was drafted during President Franklin D. Roosevelt's first term by the President's Committee on Economic Security, under Frances Perkins, and passed by Congress as part of the New Deal.
To address the problem, Spanberger and Graves earlier this year reintroduced the bipartisan Social Security Fairness Act, which aims to repeal the WEP and GPO. The bill has “broad bipartisan ...
Frances Perkins (born Fannie Coralie Perkins; April 10, 1880 [1] [2] – May 14, 1965) was an American workers-rights advocate who served as the fourth United States Secretary of Labor from 1933 to 1945, the longest serving in that position. A member of the Democratic Party, Perkins was the first woman ever to serve in a presidential cabinet.
As Roosevelt said, Social Security was passed by Congress substituting a pay-as-you-go "insurance" scheme for Townsend's far more generous pension plan, but as he told Perkins, it was the Townsend Clubs that forced Congress to act at all. See also. New Deal coalition; Social Security (United States) Ham and Eggs Movement; End Poverty in California