Page 6 - Security Trustees News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Well the Social Security provides benefits that millions of americans rely on forget as we will hear again today Congress Needs to act so we can be sure those benefits will be there for our children and grandchildren just like they are for seniors and individuals with disabilities today you hear from the chief actuary about the report and while it did have good news for the Disability Insurance program make no mistake Social Security faces serious challenges the Trustees Report tells us that this was a Security Trust fund will be exhausted in 2034 and at the point those across the of board the...

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 benefits will be there for our children as our grandchildren just like they are for seniors and ind...

Need to know ahead of those numbers. We are coming off of another record close for the dow industrials, 24th alltime high this year. Futures indicating a bit of a pullback this morning, fractional move coming off the high. Dow industrials set to open up ten points and whether or not that changes things. The european markets are mixed, european indices as you see there, majors are flat. In asia overnight gains across the board to report, fractional moves, nonetheless but in the plus column. Planet of the apes swinging back into theaters full Box Office Preview later this hour. Joining me to tal...

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 great. We all know Social Security provides important retirement and disability benefits that millions...

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. We all may have differing views on how to solve it. But not talking about the problem wont make it go...