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Three Key Moments From Social Security Subcommittee Hearing on Trust Funds in 2024, Beyond
June 07, 2024
WASHINGTON, June 7 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release:

Social Security's finances are on an unsustainable path, warned the Social Security chief actuary and director of the Congressional Budget Office at a recent Ways and Means Social Security Subcommittee hearing. When the Old-Age and Survivors Insurance (OASI) Trust Fund is totally exhausted as is expected to occur in 2033, seniors will face at le . . .

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