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June 28, 2024
Well call the subcommittee back to order and thank everyone for their forbearance. We have concluded with member Opening Statements. The chair would remind members, pursuant to committee rules, all members Opening Statements will be made part of the record. And we do want to thank our witnesses for being here today, taking time to testify before the subcommittee on this important issue. Each witness will have the opportunity to give an opening statement, followed then by questions from members. ...
June 28, 2024
Ranges i agree and it occurred to me again why the market went up yesterday, we just dont know how to enjoy good things, good times. I mean, it really looks like we have maybe progrowth policies, Interest Rates that will probably still stay low. Inflation that probably wont be a problem. Everybody is worrying about Profit Margins hitting peak because wage gains will start hurting Profit Margins its bad for income inequality, but in the meantime Profit Margins stasy sustained. Everyone is saying ...
June 28, 2024
House my first concern was getting the people out. When the people were safe carlson had another concern, his animals. He raises competitive show rabbit and had about 100 in a bar nearby. They are all doing great. They made it through fine. An arson investigator was on the scene. They that is standard procedure. Fire crews plan to be out here through the night. Good to see the people and rabbits are okay. Thank you and. Fire crews are getting ground on a destructive wall fire that destroyed near...
June 28, 2024
The chief actuary discussed the report on capitol hill before a house ways and means subcommittee. This is just under an hour. Mr. Goss good morning. He and i have decided were going to start the hearing early. And since yall are here, or since youre here, is that all right with you . Mr. Goss just great. We all know Social Security provides important retirement and disability benefits that millions of americans rely on, hear again today conquer Congress Needs to act so that we can be sure those...
June 28, 2024
Later, live sunday starting at noon eastern on American History tv on cspan 3. Social security chief actuary steven goss recently testified on the current status of Social Security trust funds. He also discussed potential solutions for making sure the funds stay solvent. This house ways and means subcommittee hearing just under an hour. Good morning. We have decided that were going to start the hearing early. Since you all are here or since youre here, is that all right with you . Sounds just gr...
June 28, 2024
The Board Benefit cuts if congress doesnt act. Once they are kpaused Social Security will only be able to pay 77 of promised benefits. Thats wrong and unacceptable. They also tell us today it would take 12. 5 trillion to make it valueva solvant. The number gets bigger every year. In 2011 when i first held a hearing on a Trustees Report it was 6. 5 trillion. Fixing it will require tough choices, choices that will effect the lives of millions of americans. I can tell you they arent easy choices. W...
June 28, 2024
Office. Mr. Langevin its difficult to express in words how difficult their work is. They take care of the least among us. They provide shelter for the working poor and they assist those not working because of age, infirmity or disability. They help keep lives together. They help keep families together. Mr. Speaker, we must continue to provide strong funding for these programs in our appropriations bills. We still have not fully emerged, as you know from the financial crisis and people are still ...
June 28, 2024
Office. Mr. Langevin its difficult to express in words how difficult their work is. They take care of the least among us. They provide shelter for the working poor and they assist those not working because of age, infirmity or disability. They help keep lives together. They help keep families together. Mr. Speaker, we must continue to provide strong funding for these programs in our appropriations bills. We still have not fully emerged, as you know from the financial crisis and people are still ...
June 28, 2024
Office. Mr. Langevin its difficult to express in words how difficult their work is. They take care of the least among us. They provide shelter for the working poor and they assist those not working because of age, infirmity or disability. They help keep lives together. They help keep families together. Mr. Speaker, we must continue to provide strong funding for these programs in our appropriations bills. We still have not fully emerged, as you know from the financial crisis and people are still ...
June 28, 2024
Office. Mr. Langevin its difficult to express in words how difficult their work is. They take care of the least among us. They provide shelter for the working poor and they assist those not working because of age, infirmity or disability. They help keep lives together. They help keep families together. Mr. Speaker, we must continue to provide strong funding for these programs in our appropriations bills. We still have not fully emerged, as you know from the financial crisis and people are still ...