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GREAT NEWS!! NOW LAW: my bill to honor Korean War
#veterans with a Wall of Remembrance https://goo.gl/iEpfpv -
AWESOME NEWS! The House just passed my bipartisan amendment to get the Lower Bois d'Arc Creek Reservoir online https://goo.gl/XmJ8wN
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Today is about understanding why these 2 respected groups have very different conclusions on just how much trouble Social Security is in
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Congress count on the experts, like CBO and the Trustees, to help us figure out how to best do that.
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Americans want, need, and deserve to be able to count on Social Security. And it’s up to Congress to make the changes so they can.
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We may not all agree on the best way to make Social Security solvent, but we NEED an ACCURATE picture of Social Security’s financial health
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While a plan may be solvent according to the Trustees, it might not even get close if you ask CBO.
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With CBO and the Trustees so far apart, it’s hard to know if a Social Security plan will actually make the program solvent...
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Last year their estimates of Social Security’s shortfall were over 60% apart. Now they are over 75% apart.
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…They also don’t agree on when Social Security’s Trust Funds will be exhausted…
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CBO & the Trustees don’t agree on whether Social Security’s finances got better or worse this year...
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…And those differences have a real impact.
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Today, CBO & Trustees look at the same historical data but use different approaches & make different assumptions about the future...
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Both CBO & Trustees have looked at Social Security’s finances for yrs. But Trustees & CBO differ on how much trouble Social Security is in
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When it comes to Social Security’s solvency, the Social Security Trustees’ estimates aren’t lining up w/ the Congressional Budget Office
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Future generations should be able to count on Social Security just like seniors & individuals w/ disabilities do today.
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…The longer we wait, the tougher it becomes to fix it. Congress must make the tough choices based on the best, most accurate info available
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We all know how important Social Security is to the millions of Americans who rely on it. But Social Security is in trouble…
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WATCH LIVE as I chair a
@WaysandMeansGOP subcommittee hearing on the future solvency of Social Securityhttp://waysandmeans.house.gov/live/ -
I urge all Members to vote yes & pass the Social Security Mail Act today! This should be signed into law w/o delay!
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