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Meeting this need of the aged was given top priority by President Lyndon B. Johnson's Administration, and a year and a half after he took office this objective was achieved when a new program, Medicare, was established by the 1965 amendments to the social security program.
Below is a speech given January 17, 1935 by President Franklin Delano Roosevelt to Congress on the issue of advocating a proposed new program he called âSocial Securityâ. This speech resulted in the eventual passage of the Social Security Act of 1935 on August 14, 1935:ocial Security, whether it was called social insurance or government pensions, was the first vital step on the road to the welfare state. How it finally happened in the United States, after decades of frustrating unsuccessful efforts by social democrats and professional bureaucrats, is a fascinating story.