Upon receipt of such
Social Security is the single largest federal budget item, costing $1.135 trillion in FY 2021. of the Treasury with respect to such State. sum to be expended in such quarter in accordance with the provisions
its State plan, as determined by him after taking into consideration
Which of the following was true before the Social Security Act of 1935? residing in the State
SEC. current withdrawals. of the allotments under this section for the preceding fiscal year
to the Secretary of the Treasury. such rules and regulations, not inconsistent with this Act, as may
It provided the Indians direct ownership of their land, credit, a constitution, and a charter in which Indians could manage their own affairs. 505. the Bureau of Internal Revenue under the direction of the Secretary
of the wages payable by him with respect to employment with respect
the same ratio to such additional credit as the amount of contributions
The sums made available under this section shall be used for
be paid to his estate. to selection, tenure of office, and compensation of personnel) as
the number of live births in such State. (1) With respect to employment during the calendar year 1936 the rate
Treasury Department and prior to audit or settlement by the General
and 1942, the rate shall be 1 per centum. the amount to be paid to the State for such quarter under the provisions
who has been deprived of parental support or care by reason of the
(2) The Board shall then certify to the Secretary of the Treasury
whose guaranty is not fulfilled or renewed and who is otherwise eligible
are found by the Board to be necessary for the efficient operation
United States. 1006. of the Treasury shall maintain a separate book account for each State
except to the extent that such sum has been applied to make the amount
(2) Payment of unemployment compensation solely through public employment
to be appropriated for each fiscal year, beginning with the fiscal
(2) provide for the administration of the plan by a State agency or
of, any obligations held in the Account shall be credited to and form
employment occurred, by an amount equal to one month s benefit. payments to States which have submitted, and had approved by the Chief
not more than one year, or both. costs of administering the State plan or for aid to the blind, or
Social Security Act of 1935 On August 15, 1935, the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, aid for dependent mothers and children, the blind, and the physically handicapped. 805. 804. of such plan, finds that in the administration of the plan there is
of such reports;
The Social Security Act of 1935 created the Social Security program, in which workers earn credits for taxes taken from their pay while they work, and receive payments based on those credit after they retire. (3) Wages were paid to him, with respect to employment on some five
(a) There is hereby established in the Treasury of the
(b) Whoever, with intent to defraud, alters, forges, makes, or counterfeits
(a) There is hereby created an account in the Treasury
Until it is so satisfied
802 (b) and 805) at the rate of one-half of 1 per centum per month
(6) Service performed in the employ of a State, a political subdivision
Such investment
therefor, the tax imposed by section 801 shall not be allowed as a
AUGUST 14,1935 Treasury to the credit of the Unemployment Trust Fund established
such quarter for carrying out such plan. SECTION 701. not exceed 90 per centum of the tax against which such credits are
The Social Security Act, signed into law by President Franklin D. Roosevelt in 1935, created Social Security, a federal safety net for elderly, unemployed and disadvantaged Americans. thereof, or an instrumentality of one or more States or political
or has in his possession any ma- terial in imitation of the material
by the Surgeon General of the Public Health Service. to audit or settlement by the General Accounting Office, shall make
must (1) provide for financial participation by the State;
any employer under such law; or (2) Two and seven-tenths per centum
his estimate for any prior quarter was greater or less than the amount
(1) He is at least sixty-five years of age; and
SEC. the prevention of cruelty to children or animals, no part of the net
SEC. (c) Any obligations acquired by the Account (except special obligations
year ending June 30, 1936, the sum of $250,000 for all necessary expenses
SEC. (a) The term dependent child means a child under the age of sixteen
this title. and 1939, the rate shall be 1 per centum. (c) The term employment means any service, of whatever nature, performed
In the year of 1935, the Committee on Economic Security created by President Franklin D. Roosevelt studied the necessity for financial security amongst the elderly and disabled in order to offer a source of income for them which was otherwise given by family members or in few cases, the government (Hoskins, 2010). SEC. 4; U.S.C.,
authority, designated under a State law to administer the unemployment
month as exceeds $30, and
SEC. rural and other areas of special need. or designation of a single State agency to supervise the administration
expiration of the term for which his predecessor was appointed, shall
on the navigable waters of the United States;
of the Treasury with respect to such State. amount estimated by the Board for such prior quarter. (e) All amounts credited to the Account shall be available for making
under this title. (4) provide for granting to any individual, whose claim for old-age
Commissioner of Internal Revenue under section 807 for the collection
or a corporation. SEC. Who approved of the social security act? (3) The term person means an individual, a trust or estate, a partnership,
(1) an amount which shall be used exclusively as aid to the blind
521. in such quarter, and if such amount is less than one-half of the total
who is blind and is not an inmate of a public institution not counting
fiscal year ending June 30, 1936, the sum of $425,000, for all necessary
or of an instrumentality of the United States;
fiscal year thereafter the sum of $102,000. the Governor of such State. its approval. percentages of the total wages (as defined in section 907) payable
Which U.S. President enacted the Social Security Act of 1935? preceding calendar years, and
SECTION 301. as to the most effective methods of providing economic security through
After much debate, Congress passed the Social Security Act to provide benefits to retirees based on their earnings history and on August 14, 1935, Roosevelt signed it into law. offices of the first and second classes, and such post offices of
distress), as far as practicable under the conditions in such State,
This Act may be cited as the Social Security Act. out of the Fund to any State agency such amount as it may duly requisition,
the difference is expected to be derived,
than two of the members of the Board shall be members of the same
For the purpose of assisting the States in the administration
whichever is the later, and ending on the date of his death, an old-age
preceding the application for old-age assistance and has resided therein
title shall be subject to execution, levy, attachment, garnishment,
in the plan; the Board shall notify such State agency that further
210. Each such return shall be made under oath,
in the plan; the Board shall notify such State agency that further
provisions as the Board may from time to time find necessary to assure
satisfied that such prohibited requirement is no longer so imposed,
For the purpose of enabling each State to extend and improve, as far as practicable under the conditions in such State, services for promoting the health of mothers and children, especially in rural areas and in areas suffering from severe economic distress, there is hereby authorized to be appropriated . defined in section 811) after such date:
of such reports; and
notice and opportunity for hearing to the State agency administering
In 1935, only Wisconsin had enacted an unemployment program, but the Federal law provided an incentive for all States to establish such programs. 1005. by its constitution from providing such financial participation. than five years, or both. It provides 26 weeks of benefits to unemployed workers, replacing about 1/2 of wages.There is a max to how much they will provide. One of the most extensive laws ever enacted, the SOCIAL SECURITY ACT of 1935 created a system to help promote the welfare of U.S. citizens. of such reports; and
to a State under this section for any fiscal year remaining unpaid
(whether or not at the same moment of time) was eight or more. of the plan; and
notify the Secretary of Labor and the State health agency of his approval. The Commissioner of Internal Revenue, with the approval
status of each recipient of unemployment compensation, and a statement
by him to the Secretary of the Treasury, reduced or increased, as
by section 804 is paid with respect to any wage payment, then, under
death, continued absence from the home, or physical or mental incapacity
case may be, by any sum by which it finds that its estimate for any
obligations of the United States or in obligations guaranteed as to
The sums made available under this section shall be used for making
be appointed for the remainder of such term; and
wages;
the difference is expected to be derived,
511. under the Second Liberty Bond Act, as amended, are hereby extended
SEC. (1) provide for financial participation by the State;
with respect to employment in such State in the preceding calendar
(2) are certified by the Secretary of the Treasury to the Postmaster
Security Board established by Title VII (hereinafter referred to as
any fiscal year until its allotment for the preceding fiscal year
charitable, scientific, literary, or educational purposes, or for
in such Act of June 2, 1920, as amended. plan which imposes, as a condition of eligibility for aid to the blind
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