As prepared for delivery.
"Good afternoon. Welcome to today’s hearing on how Social Security’s Windfall Elimination Provision, WEP, and Government Pension Offset, GPO, affect the benefits of public servants.
"Social Security is a vitally important ...
As prepared for delivery.
"The Ways and Means Committee is in Baton Rouge, Louisiana for our sixth hearing outside Washington to hear directly from working families. I would note this is the first subcommittee hearing that this Committee has held outside of the halls of Congress in almost a decade. We are here ...
Committee passes five bills providing disaster relief, protecting veterans from identity theft, holding trading partners accountable, supporting those reentering the workforce, and allowing clergy members to opt into Social Security.
As prepared for delivery.
"As we have heard in our hearings outside Washington, the American people face a number of challenges. We have already advanced a number of solutions out of this Committee to help, but there is more to do.
"Under the leadership ...
WASHINGTON – With more than 1 million Americans stuck in the Social Security disability claims backlog, members of the House Committee on Ways and Means urged the Social Security Administration (SSA) to significantly speed up processing times during a hearing. Applicants are waiting 220 days for an initial decision and another 213 for an initial ...
As prepared for delivery.
"Good morning. Welcome to today’s hearing on Social Security’s disability claims backlog.
"For the first time in history more than one million people are waiting on the Social Security Administration to process their initial disability claim.
"On average claims ...
WASHINGTON – With $16 billion in improper payments over the last five years, beneficiaries living on fixed incomes who rely on Social Security for their livelihood face challenging outcomes where they may receive less than they are owed or are overpaid and hit with bills to recoup those payments years later. During a Ways and Means Social Security ...
"We've got a lot of work to do on improper payments. That's what we're here to discuss today. One thing that I think that we all agree on is that way too many Americans now have the burden of having to deal with an overpayment. And I believe that we have to come together in a way that makes sure that those people are not caused additional harm or suffering. We will get to that conversation. I ...
WASHINGTON – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Consumer Price Index showed prices rising 17.7 percent since President Biden took the Oath of Office and the Social Security Administration released its annual cost-of-living adjustment for the 65 million Americans on Social ...
Washington, D.C. — After Fitch Ratings downgraded the U.S. government's credit rating from AAA to AA+, Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement:
“Once again, America’s credit has been downgraded while Joe Biden has been in the White House. When Fitch specifically cited the ...