Bisignano champions Trump’s SSA amid insolvency warnings: ‘Best overall performance in SSA’s history’
Social Security Administration Commissioner Frank Bisignano stood up for his agency in his congressional testimony on Wednesday, touting lower call wait times and greater efficiency as he said the SSA is having its “best all-around performance ever” under the Trump administration. The SSA chief’s testimony came just one day after the Social Security board of […]
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Social Security Administration Commissioner Frank Bisignano stood up for his agency in his congressional testimony on Wednesday, touting lower call wait times and greater efficiency as he said the SSA is having its “best all-around performance ever” under the Trump administration. The SSA chief’s testimony came just one day after the Social Security board of trustees released its annual trust fund assessment, essentially a fiscal report card for the agency. The assessment detailed that the agency will deplete its two major trust funds — the Old-Age and Survivors Insurance and Disability Insurance trust funds — by 2034 if Congress does not step in to help. At that point, SSA benefits would only be 83% payable, according to the report.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.