Presentation on theme: "Health & Public Assistance Domestic Policy "We can never insure one- hundred percent of the population against one-hundred percent of the hazards and vicissitudes."— Presentation transcript:
Health & Public Assistance Domestic Policy "We can never insure one- hundred percent of the population against one-hundred percent of the hazards and vicissitudes of life. But we have tried to frame a law which will give some measure of protection to the average citizen and to his family against the loss of a job and against poverty-ridden old age. This law, too, represents a cornerstone in a structure which is being built, but is by no means complete.... It is...a law that will take care of human needs and at the same time provide for the United States an economic structure of vastly greater soundness." -- Franklin D. Roosevelt, August 14, 1935
Social Security Federal Old-Age, Survivors, & Disability Insurance Program (OASDI) Deducted from your paycheck (FICA) 22% of the federal budget went to Social Security in 2012
Social Security Benefits Retirement You can retire at 62 and take less money or wait until full retirement at 67 Spouse’s Benefit Any current spouse and an ex-spouse of a marriage that lasted at least 10 years Widow/Widower Benefits Children’s Benefit Disability Benefit If you cannot continue in your job Supplemental Security Insurance Severely disabled children may be eligible
Unemployment Insurance Added to the Social Security law If you are involuntarily laid off you can claim unemployment benefits from your state Employers fund this by paying a tax
Medicare Added to Social Security in 1965 21% of the federal budget went to Medicare in 2012 Provides health care for nearly 48 million elderly people Medicare Explained Video Medicare Explained Video Medicade & CHIP Supply insurance for approximately 60 million low income children and adults
Supplemental Nutrition Assistance Program (SNAP) Formerly known as “Food Stamps”Food Stamps Attempt to increase the food buying power of low income Americans Program starts in 1961 1961: 367,000 people on food stamps 2012: 46,000,000 Corey Booker’s Food Stamp ChallengeFood Stamp Challenge
Stem Cell Research Microscopic cells that are the “building blocks of life” They can develop into MANY different cell types in the body They can act as “repair” cells Why might some religious groups argue that the government should not fund research using stem cells? What might scientists say to these groups?
Your Retirement How much do you think you need to retire?