Statement by Rep. Sam Johnson (R-TX)
Ranking Member, Subcommittee on Social Security
Joint Hearing on Economic Stimulus Payments
June 19, 2008
(Remarks as Delivered)

Chairman Lewis, and Chairman McNulty, I want to thank you for holding this hearing today. 

In order to give a needed boost to our national economy the Congress passed, and the President signed into law, legislation estimated to provide more than $100 billion to 130 million people. 

It is important that the Congress know whether this massive undertaking by the Internal Revenue Service, with help from the Social Security Administration, is being done right.

The Congress gave the agencies almost $300 million to cover the costs of processing the rebate checks.  I want to know whether this money was spent wisely.

Included in the costs of administering the stimulus program was education and outreach to those eligible, including those receiving Social Security benefits.  I look forward to hearing the testimony today by the Social Security Administration, as they discuss their work with the IRS in targeting and reaching these beneficiaries. 

All signs suggest that the IRS and Social Security have performed very well in carrying out this massive and difficult task, while under immense pressure.  Both agencies and their staff are to be commended for their professionalism and dedication to getting the job done. 

Letting Americans keep more of their own money is always a good thing and during tight economic times and high gas prices, it is even more important. 

I thank the witnesses for their testimony, and thank you again Chairman Lewis and Chairman McNulty for holding this important hearing.

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