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Social Security History September 26, 2013

Posted by sandyclaus in Uncategorized.
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At one point in the afternoon Secretary Perkins found herself seated next to Justice Stone, and in their small talk he inquired as to how her work was going. The Secretary freely admitted they were stuck on the Administrations new Social Security bill, and were uncertain on what basis the new program should be founded. Upon hearing this, the Justice looked around to see if anyone was listening, leaned over to her, and putting his hand up to his mouth, whispered, “The taxing power of the Federal Government, my dear; the taxing power is sufficient for everything you want and need.” The Secretary excitedly returned to her staff and announced she had made up her mind, they would base the new program on the governments power to tax. She never told them how she had finally come to this insight.

via Social Security History.

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