System and what the options are to fix it if you can find on my person policy. Org. Today were here with steve and carried them so lucky to be joined by them because they are both people who i have long admired it is so secure the policy space. Very few people who know more about the program and the two of david vitter working on it for a number of years. What i love about both of them is that they are walks at heart and actuaries of the mind, and so you can ask of what percent do i need to increase the payroll tax by in order to solve half of the substituted problems . They will give you the answer like that. But if they tried really, really hard they condemn it down enough for the rest of us so we can actually understand whats going on in this policy issue. You can find their full bios in the package that you have but steve is a chief actuary, has been for many years at the Social Security administration. He is responsible for scoring all of the proposals that members of congress, ou
So theres a gallup poll that came out i think a year or two ago that asked all working age americans that question. And 51 of them said they didnt think they would see a penny from Social Security. You get a trooper that several ways but i think its pretty shocking to see how little faith people have when theyre planning for their own retirement of how much they will get. Whether they actually believe that order was more symbolizing their lack of faith or mr. Ross in the political system is up for question. It was pretty shocking to me it was that high a figure. That really brings to the discussion we will have here today in looking at social securities longterm sustainability and the financing structure and how we do make it sustainable for the long run so it will be there in some shape or form probably with modifications for when you all need and ready to claim benefits. So i just want to start very briefly by letting everyone know about a commission with at the Bipartisan Policy Cen
Financing and policy option. Thank you all for being here with us today. I want to start by just getting a show of hands and sing humming of the people in this room think they would financing and policy option. Get at least a penny from Social Security. All right. Probably twothirds, threequarters. So theres a gallup poll that came out i think a year or two ago that asked all working age americans that question. And 51 of them said they didnt think they would see a penny from Social Security. You get a trooper that several ways but i think its pretty shocking to see how ittle faith people have when theyre planning for their own retirement of how much they will get. Whether they actually believe that order was more symbolizing their lack of faith or mr. Ross in the political system is up for question. It was pretty shocking to me it was that high a figure. That really brings to the discussion we will have here today in looking at social securities longterm sustainability and the financi
Security financing and policy options. Thank you for being here with us today. Wanted to start by just getting a show of hands and how many people in this room think they will get at least a penny from Social Security . All right, probably two thirds, three quarters. There is a gallup poll that came out a year or two ago that asked all working age americans that question and 51 of them said they did not think they would see a penny from Social Security. You can interpret that several different ways, but i think its pretty shocking to see how little faith people have when planning for their own retirement, how much they will get. Whether they actually believe that or it was more symbolizing their lack of faith or mistrust in the political system is up for question, but it was pretty shocking that it was that high a figure and i think that really brings us to the discussion we had today in looking at Social Securitys longterm sustainability and the financing structure and how we do make
Its an embarrassment to be a witness of what the police does and is allowed to do on the streets of San Francisco, going around and killing people. The police are here to the job of the police is to help, to assist, and it prevent the killing of people, but instead what we see happening is that they are going around the streets killing people as if they were animals. Its very saddening for parents, for mothers and fathers to hear that their loved ones have been assassinated on the street by the Police Department. If there are indeed changes happening for the better, there are improvements happening, reforms happening, we should be able to see them . We should be cognizant of them and be able to see them on the streets, but we dont see them at all. This cannot and should not stay as it is. We need to actually see the reforms that you all talk about on the street. We need to see them here and we need to see them on the streets. So thank you very much and in ending, i would like to thank