| − | An Old Age Social Security Bill was passed during his first term which provided for workers who reach the age of 65 a pension of $8 a week at most. The meager and badly constructed plan had to be pushed through against his procrastination until in the 1934 congressional elections the Republicans denounced him for his tardiness. When he did finally consent to a bill, it contained a plan for building a huge reserve fund that would extract billions from the workers' payrolls without any adequate return. Over the protest of the President, the Congress finally took that provision proposed by Roosevelt out of the law. <ref> ''The Roosevelt Myth'', John T. Flynn, Fox and Wilkes, 1948, [http://www.rooseveltmyth.com/book/fdrmyth_Chapter_Fifteen___The_Roosevelt_.htm Book 3, Ch. 14]</ref> | + | An Old Age Social Security Bill was passed during his first term which provided for workers who reach the age of 65 a pension of $8 a week at most. The plan had to be pushed through against his procrastination until in the 1934 congressional elections the Republicans denounced him for his tardiness. When he did finally consent to a bill, it contained a plan for building a huge reserve fund that would extract billions from the workers' payrolls without any adequate return. Over the protest of the President, the Congress finally took that provision proposed by Roosevelt out of the law. <ref> ''The Roosevelt Myth'', John T. Flynn, Fox and Wilkes, 1948, [http://www.rooseveltmyth.com/book/fdrmyth_Chapter_Fifteen___The_Roosevelt_.htm Book 3, Ch. 14]</ref> |