John Kerry Delivers the Democratic Hispanic Radio Address Marking the 70th Anniversary of the Social Security Act
August 13th, 2005
John Kerry delivered the Democratic Hispanic Radio Address today, marking tomorrow as the 70th anniversary of the Social Security Act being signed into law.
The following is the translation of this week’s Democratic Hispanic Radio Address delivered by Senator John Kerry.
“Hello, this is Senator John Kerry from Massachusetts.
This Sunday – August 14th – marks the 70th anniversary of the day the Social Security Act was signed into law by President Franklin Delano Roosevelt. Social Security has been called the most successful government program in the world because it lifted millions of seniors out of poverty.
Hispanics are less likely to have additional sources of retirement income, and therefore after a lifetime of hard work rely on Social Security to a greater extent. Without Social Security, 56 percent of Hispanics would live in poverty.
As the Ranking Member of the Small Business and Entrepreneurship Committee I am deeply concerned about the detrimental effect that President Bush’s plan to privatize Social Security would have on Hispanic small businesses.
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