From a press release:
House Ways and Means Social Security Subcommittee Chairman Sam Johnson (R-TX) announced today that the Subcommittee will hold a hearing entitled “Social Security’s Solvency Challenge: Status of the Social Security Trust Funds.” The hearing will focus on the status of the Federal Old-Age and Survivors Insurance (OASI) and Federal Disability Insurance (DI) Trust Funds and the effects of delaying action to address Social Security’s future insolvency. The hearing will take place on Friday, July 14, 2017 in 2020 Rayburn House Office Building, beginning at 9:00 AM.I say groundhog day because Republicans on the Social Security Subcommittee schedule one of these hearings every year. It's their annual opportunity to warn that Social Security is running out of money. Their solution for the threat of future benefit cuts is to start cutting benefits right now. Any other solution, such as removing the cap on wages covered by the F.I.C.A. tax, is unacceptable since we can't burden the wealthy, excuse me, "job creators."