On the recordMarch 2, 1999
The administrative cost under Social Security is under 1 percent. It is truly the most efficient mechanism of getting benefits available to Americans.
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govinfo.govThe administrative cost under Social Security is under 1 percent. It is truly the most efficient mechanism of getting benefits available to Americans.
Discussing the efficiency of Social Security's administrative costs.
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It is really on its face absurd. And I appreciate very much the leadership of this Committee in giving us these kinds of fora to have us sit in the sun and dissect it a little bit.