WASHINGTON, D.C. – On Wednesday, the Ways and Means Subcommittee on Social Security held a hearing to discuss the Social Security Administration’s (SSA) responsibility to do more to protect Americans from Social Security number (SSN)-related identity theft, as well as the government’s failure to help individuals whose SSNs have been ...
As prepared for delivery. "Chairman Ferguson, Ranking Member Larson – thank you for the opportunity to share a few remarks on this important topic that affects every American. "We all know someone who has had to go through the ordeal of Identity Theft. One of the reasons I wanted to hold this hearing was after learning about everything our former colleague, Governor Kristi ...
As prepared for delivery. "Good afternoon and welcome to today’s hearing on the Social Security Administration’s role in combatting identity fraud. "When the Social Security Administration began ...
Washington, D.C. – The federal government will be unable to meet its spending obligations – including Medicare and Social Security benefits – as soon as June because Treasury will have exhausted its “extraordinary measures,” according to
WASHINGTON, DC – At a Social Security Subcommittee hearing to establish a fact-based foundation and understanding about the imbalance in Social Security’s finances, Ways and Means members and witnesses discussed the need for bipartisan cooperation to save and strengthen the program so that its retirement Trust Fund can be protected against looming financial challenges in the ...
As prepared for delivery. "Good morning, the Subcommittee will come to order. "It is my privilege as Chairman of the Social Security Subcommittee to welcome everyone to our first hearing in the 118th Congress. "I’d like to thank Ranking Member Larson, Chairman Smith, and the Members of the Social Security Subcommittee for being here today. I’d also like to thank Mr. ...
As prepared for delivery. "Thank you, Chairman Ferguson and Ranking Member Larson, for holding this hearing to lay out a fact-based foundation for us all to better understand the things this Committee needs to think about as it pertains to our jurisdiction over strengthening the Social Security program. "Social Security is vital to the retirement foundation of millions of ...
Washington, D.C. – As President Biden continues to ignore years of precedent during which he previously supported negotiations over the inclusion of spending reforms to address America’s fiscal crisis as part of raising the debt limit, Republicans are taking action with the Limit, Save, Grow Act. As Republicans take up the common sense legislation this week, House ...
Washington, D.C. – House Committee on Ways and Means Chairman Jason Smith (MO-08) pointed to the negative impacts of Democrats’ reckless spending in a statement about the 2023 Medicare & Social Security Trustees Reports: “Thanks to President Biden’s economic failures, seniors’ hard-earned benefits are further under threat. Social Security’s combined trust ...
WASHINGTON, D.C. — Today, the House Ways and Means Committee, led by Chairman Jason Smith (MO-08), favorably reported out the Default Prevention Act, which would prevent defaulting on our debt, along with an important amendment by Chairman Smith that protects seniors and requires the Biden Administration to put America’s veterans, military families, and national defense ...