One of my concerns... is that when we don't have a clear standard... it can allow for situations that don't provide for good governance.

I think many of us would disagree with that standard.

Mr. Speaker, I rise today on behalf of the Congressional Progressive Caucus. We are here today to talk about a specific item in the President's budget, and that item is the chained CPI in Social Security. The chained CPI is an idea that…

Thank you, Mr. Ellison. As a leader of the Progressive Caucus, I have been talking about how 107 Democrats in this House and the leadership of the Congressional Progressive Caucus have signed a letter and asked the President to not cut…

As Representative Takano said, these are sacred promises to people who've paid into the program, and now the expectation is, as with any insurance, you've paid in and now you're able to get the benefit when you need it. That's why you've…

Thank you, Representative Takano, again, for you leadership on this issue. As I said, you've authored one of the major letters that's out there talking about chained CPI and cuts to Social Security, Medicaid, and Medicare. And also, as a…

We did several press conferences this week. You're the author of a major letter from many people in this House about it. Could you just address a little bit about why you're so passionate about the need to make sure we have Social Security…

Thank you so much, Ms. Lee. We really appreciate it. And again, your history in this House has been recognized by so many of us who are new and proud to be here. We appreciate all that you've done on behalf of the middle class and those…

I think we should not have Social Security part of the budget.

54,000 jobs were saved or created in Wisconsin back when that happened.

the economy and getting jobs is still the biggest focus.

I think that is the chained CPI proposal.

the small business tax credit for hiring new workers is going to be very valuable.

the sequester is killing them on the NIH funding.

The goal here, I think, I think you and the president, and we, in the House of Representatives, all share the same goal, and that is to make the economy grow more quickly.

When does Social Security go insolvent?

Per CBO, currently, it is 2023 for solvency of Medicare, right?

That is right. So I am going to get to that.