Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=z2jSlSUNSI7 Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Required by law to show it [BQiXHXJHzy4] Health Updated on August 08, 2026 EDT — Published on August 08, 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. zRYwLrt6z6W XIENiw0f7BY 9nRurL89mmD TyjezZkKJU1 Og3JOU3XttV ltiB4fWRvlc
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. zRYwLrt6z6W XIENiw0f7BY 9nRurL89mmD TyjezZkKJU1 Og3JOU3XttV ltiB4fWRvlc