Heard on the Hill

Brady Comments on “The State of Our Economy”

Kevin Brady (R-TX), top Republican on the House Ways and Means Committee, today cited the strength of the U.S. economy in the wake of the December 2017 Tax Cuts & Jobs Act legislative package, pointing to “…over $100 billion more from individual taxes and payroll taxes because people are going back to work and their paychecks are higher.”  Given the continued decline in the worker-to-beneficiary ratio experienced in recent years, this trend would tend to bode well for at east some degree in improvement in the looming Social Security solvency dilemma. Read a committee synopsis of Brady’s remarks from FOX Business’ “Countdown to the Closing Bell” and watch the video here… 

 

 

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

Website by Geiger Computers