On the recordApril 24, 2012
The funding problem was not excessive benefit outlays that the States were responsible for, but the failure of taxes to bring the trust funds back to previous balances.
Source
congress.govJim McDermott: “The funding problem was not excessive benefit outlays that the States were responsible for, but the failure of taxes to…”
Editor's note · Context
McDermott emphasizes that funding issues stem from inadequate tax contributions, not high benefit payouts.
Share
More from Jim McDermott
Sep 13, 2016
Innovation will be central to our efforts to address rising healthcare costs.
Jun 23, 2021
If confirmed as Deputy United States Trade Representative, I will continue to fight for American workers, fight for the environment, and fight for our economic future.
Jun 23, 2021
It includes a new tool known as the rapid response mechanism that, when used, allows us to promptly raise concerns with the Mexican and Canadian Governments when there are allegations of worker rights violations.
Other voices in this conversation
