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Center on Budget @CenterOnBudget
, 11 tweets, 7 min read Read on Twitter
Today we're celebrating the anniversary of #SocialSecurity. Here are 10 facts you might not have known: #SocSec83
Fact #1: Social Security is more than just a retirement program. It provides important life insurance and disability insurance protection as well. #SocSec83
Fact #2: Social Security provides a guaranteed, progressive benefit that keeps up with increases in the cost of living. #SocSec83
Fact #3: Social Security provides a foundation of retirement protection for nearly every American, and its benefits are not means-tested. #SocSec83
Fact #4: Social Security benefits are modest. #SocSec83
Fact #5: Children have an important stake in Social Security. #SocSec83
Fact #6: Social Security lifts millions of elderly Americans out of poverty. #SocSec83
Fact #7: Most elderly beneficiaries rely on Social Security for the majority of their income: #SocSec83
Fact #8: Social Security is particularly important for people of color: #SocSec83
Fact #9: Social Security is especially beneficial for women: #SocSec83
And last, but certainly not least... Fact #10: Relatively modest changes would place Social Security on sound financial footing: #SocSec83
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