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Social Security Acts 80th Anniversary Is Today

FdrOn August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law creating a source of income for senior citizens going into retirement.  Today, there are more than 59 million Americans receiving benefits from Social Security.  The Social Security system is constantly the subject of intense political debate as law makers look for ways to maintain the social safety net while being able to fund it.  There are currently questions about whether Social Security will always be there for younger generations and what sort of reforms will be needed to keep the system working. 

See Emily Gersema, As Social Security turns 80, what does its future hold?, USC News, August 14, 2015.