We are enjoying surpluses in Social Security and Medicare, $165 billion projected next year in surpluses. But by 2017, 2018, that surplus is going to end. The baby boomers are going to retire, and instead of enjoying a big fat surplus, in a few years, just a couple of decades, we will have $300 billion deficit in the Social Security Trust Fund. We will be having to pay out $300 billion more than we are bringing in.
Discussing the future financial challenges of Social Security and Medicare.
Share
More from Bobby Scott
Mr. Speaker, if there was real evidence of influence, I think we would have heard specifically what that evidence is. We haven't. My colleagues keep talking about China, about the Confucius Institute. At last count, there were only five…
The bill bars any discussion of transgender people or topics in the classroom.
On that I demand the yeas and nays. The yeas and nays were ordered. The SPEAKER pro tempore. This is a 5-minute vote. The vote was taken by electronic device, and there were--yeas 241, nays 169, not voting 20, as follows: [Roll No. 83]…
What is the amendment that we are considering? Could the Chair give the page and line number? The Acting CHAIR. It is amendment No. 1 and printed in House Report 119-38, page 57, line 10.
Other voices in this conversation
