Senator Mike Crapo, the senior Republican on the Senate Finance Committee (which has jurisdiction over Social Security), is asking the Comptroller General of the United States and the head of the Government Accountability Office (GAO) to look into the question of why the annual report of the Social Security trustees is so late.
If nothing else, I think that the public as well as Crapo deserve an explanation on why the trustees report is so late. It was due by April 1, 2021. Nobody gets excited if it's a little late (which it usually is) but a delay of nearly five months needs an explanation.
Actually, the six-year absence of confirmed public trustees is what needs explanation!
ReplyDeletehttps://www.ssa.gov/oact/tr/trustees.html
The only reasonable explanation is they are fudging the numbers. Massaging the data and changing assumptions to get the result they want. Sad.
ReplyDeleteMust be working very productively on it from home.
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