2012-03-29 / Family

Farm Women Hold Meeting

Fulton County Society of Farm Women’s March meeting was hosted by Joy Dasher. Guest speaker was Laura Feldman from the National Committee to Preserve Social Security and Medicare the meeting was attended by 25 women.

Key points: every American earns the right to participate in Social Security by working and contributing to the program throughout their working lives. However, no one receives regular Social Security benefits without first having a lifetime work history during which they pay into the system. About one in three recipients is an orphan, a widow or is disabled.

Social Security has not contributed a penny to the federal deficit. Social Security has a $2.7 trillion surplus. The surplus is invested in government bonds and is backed by the full faith and credit of the United States, which means that as long as the government is around, it is obligated to pay both principal and interest on its securities. Social Security has paid benefits in full and on time since its creation more than 75 years ago. Without making any changes at all, Social Security is projected to deliver full benefits until at least 2036. Small adjustments can make it fully funded forever.

In Pennsylvania’s 9th Congressional District there are 148,028 Social Security beneficiaries. Social Security is one of the most successful government programs ever, and so should not be privatized.

Return to top