Senate Finance Committee Chairman Max Baucus (D-Mont.) today stressed the importance of finding a smart, long-term answer for Social Security, following the release of the Social Security Trustees Report, which said the program will remain fully solvent through 2033. From Chairman Baucus:
“Social Security remains a critical lifeline for seniors, and it has helped keep millions out of poverty. The program will be fully-funded for more than twenty years, so we have time to find smart ways to improve it and keep it working for future generations. We need to find a long-term solution for Social Security, but we must remember that Social Security is not the cause of our deficit problem, so we shouldn’t use the benefits seniors have earned for deficit reduction."
Source: Ranking Member’s News
