Social Security Act of 1965

From Biocrawler, the free encyclopedia.

The Social Security Act of 1965 established Medicare and Medicaid. It did so by 'liberating' the Social Security Trust Fund, changing its funding from a forced savings type of an account into a 'pay as you go' type of fund. This system has caused concerns about its long-term stability.

Wikipedia (http://en.wikipedia.org/wiki/Main_Page) Social_Security_Act_of_1965 (http://en.wikipedia.org/wiki/Social_Security_Act_of_1965) version history (http://en.wikipedia.org/w/index.php?title=Social_Security_Act_of_1965&action=history) GNU Free Documentation Lizenz (http://en.wikipedia.org/wiki/Wikipedia:Text_of_the_GNU_Free_Documentation_License) CC-by-sa (http://creativecommons.org/licenses/by-sa/2.5/)

---