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HEARING: Chairman Johnson Announces Hearing on the 2012 Annual Report of the Social Security Board of Trustees

June 21, 2012 — Hearing   

Focus Of The Hearing:
The hearing will focus on the findings in the recently released 2012 Annual Report of the Board of Trustees of the OASDI Trust Funds, the effect of the trust funds’ current cash flow deficit status and future exhaustion, and the cost of delaying actions to address Social Security’s fiscal challenges for workers and beneficiaries.

Witness List:

Charles P. Blahous III, Ph.D.
Trustee, Social Security and Medicare Boards of Trustees
Testimony
(Truth in Testimony)

Robert D. Reischauer, Ph.D.
Trustee, Social Security and Medicare Boards of Trustees
Testimony
(Truth in Testimony)

Chairman Johnson’s Opening Statement


Transcript

SUBCOMMITTEE: Social Security