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Congressman Tom Rice's Statement on Social Security and Medicare Annual Trustees Report

By: Tom Rice
By: Tom Rice
Date: Sept. 2, 2021
Location: Washington, DC
Issues: Socially Liberal

Congressman Tom Rice today released the following statement after the Social Security Board of Trustees released the 2021 annual report on the long-term financial status of the Social Security and Medicare funds.

"No wonder the Social Security Board of Trustees delayed the release of this annual report by 5 months. With Medicare funds expected to be exhausted by 2026 and Social Security unable to pay full benefits by 2034 - a year earlier than expected - this report is chock full of bad news," said Congressman Rice. "As a member of the Ways & Means Social Security Subcommittee, we must look seriously at solutions and get to work immediately. We have an obligation to the millions of American workers who have paid into Social Security and are due their retirement benefits."


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