On the recordJuly 11, 2023
Social Security is the bedrock of retirement security, and the nation's most effective anti-poverty program.
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congress.govSocial Security is the bedrock of retirement security, and the nation's most effective anti-poverty program.
Highlighting the importance of Social Security for Americans.
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the prospect of that creating a shock to the economy along the lines of the 2008 shock or worse, have been repeatedly raised in this Committee.
The program's financing gap can be more than fully addressed without cutting benefits.
These cliffs, I think, are really hard for people that get caught by surprise by them, and they are also, it seems to me, pretty terrible just public policy.
Keeping Social Security's promises to current and future generations will require that policymakers strengthen the program's revenues.