On the recordSeptember 28, 2018
I want to say straightforwardly to my colleagues on the other side, this is as straightforward and it is as simple as it can be: Nothing in this bill can take effect unless and until the chief actuaries have certified that this bill will do no harm to Medicare and Social Security. Now, unlike Members of Congress who have a pension plan, who have a Thrift Savings Plan, who also have Social Security, for one-third of all seniors in this country, they rely on Social Security alone; and for two-thirds of all seniors--and that is your mothers and fathers and aunts and uncles and nieces and nephews and friends and family--90 percent of their income comes from Social Security. Mr. Speaker, 10,000--10,000--baby boomers become eligible for Social Security every single day; and yet, as Mr. Neal has pointed out, the lack of hearings, the lack of any substantive debate on Social Security and Medicare. It has been nonexistent. I include in the Record a letter from Robert Greenstein from the Center on Budget and Policy Priorities, and I think it bears listening to so that you get a full understanding and impact of what happens when this so-called tax reform bill takes effect and its burden is thrust squarely on the people who are in most need at the time. [From the Center on Budget and Policy Priorities, Sept.…





