Science Fair Projects Ideas - Social Security Act of 1965

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Social Security Act of 1965

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.

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10-26-2009 08:16:03
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