Your source for news affecting the U.S. Social Security Administration/© Charles T. Hall
Excuse me, Mr. Chairman, but isn't it your responsibility to ensure that the committee hears the facts before hearing the policy proposals? You should have invited Mr. Goss as a matter of routine. Your predecessors did. Shame.
The facts will get in the way of agendas. The facts are that in 1994 it was predicted by SS actuaries like Goss that the DI trust fund would become insolvent in 2016 based on demographics. "Fraud" has nothing to do with it. Further, 11 times between 1957 and 1994 there was inter fund borrowing (both ways) between the di and the RSI trust funds. The last vote in 1994 was unanimous. Now it is being made out to be an unexpected crisis by the obstructionists in control of the house.
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