Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=SenGR09h2wW Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Required by law to show it [AEdXsjLmZxI] Health Updated on August 06, 2026 EDT — Published on August 06, 2026 EDT Sen. Bill Cassidy (R–LA) questioning Congressional Budget Office Director Phillip Swagel, Senate Finance Committee, 11 March 2026. Two things are both true. Current law requires a benefit cut once the trust fund is exhausted. And CBO is required by law to project benefits being paid in full after that point anyway. Swagel confirms it directly: the projections show the benefits being paid in full even after the trust fund is exhausted. This is a statutory artefact rather than anyone's policy position — CBO is following the law it was given, and the law tells it to show a baseline that current law cannot fund. Hearing: CBO: Quotes were checked against the hearing audio rather than the caption track. Hearing footage is a US Government work and carries no copyright. BlA6QxfgrTK yJPbJiwGzFa spZN4PoapRW x0F05Y3MDUN c5P3rXcTVA9 zyE7htJQOvi HJvABcj8BFi
Sen. Bill Cassidy (R–LA) questioning Congressional Budget Office Director Phillip Swagel, Senate Finance Committee, 11 March 2026. Two things are both true. Current law requires a benefit cut once the trust fund is exhausted. And CBO is required by law to project benefits being paid in full after that point anyway. Swagel confirms it directly: the projections show the benefits being paid in full even after the trust fund is exhausted. This is a statutory artefact rather than anyone's policy position — CBO is following the law it was given, and the law tells it to show a baseline that current law cannot fund. Hearing: CBO: Quotes were checked against the hearing audio rather than the caption track. Hearing footage is a US Government work and carries no copyright. BlA6QxfgrTK yJPbJiwGzFa spZN4PoapRW x0F05Y3MDUN c5P3rXcTVA9 zyE7htJQOvi HJvABcj8BFi