Image for Economic Security Act

Economic Security Act

The Economic Security Act was a law passed in 1954 aimed at strengthening America's social safety net. It combined various existing programs and created new ones to support older Americans, families, and the unemployed. Key components included improving Social Security benefits, establishing unemployment insurance, and providing aid for dependent children and low-income families. The Act sought to reduce poverty and ensure financial stability for vulnerable populations, reflecting a national commitment to social welfare during the post-war period.