Answers to Questions for the Record From Chairman Johnson Following a Hearing by the House Subcommittee on Social Security, Committee on Ways and Means, on the Comparison of CBO’s Long-Term Projections With Those of the Social Security Trustees
Report
The House Ways and Means Subcommittee on Social Security convened a hearing at which CBO’s Director testified on financial shortfalls projected for Social Security. This document provides CBO’s answers to questions submitted for the record.
On September 21, 2016, the Subcommittee on Social Security of the House Committee on Ways and Means convened a hearing at which Director Keith Hall testified about the differences in the timing and magnitude of the financial shortfalls that CBO and the Social Security Trustees project for the Social Security system. After that hearing, Chairman Sam Johnson submitted questions for the record. This document provides CBO’s answers.