Leave your feedback Share Copy URL https://ar-c.org/video/d3HtfbHvTYw.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Required by law to show it [6otTyv4A6oP] 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. vMyA695hQ6N PZJSiJtYTJi XaeFQINr7vt L5IOXvBu4hE W5SbDqVomF9 cPPZrlFenvY smQffVg7k4d
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. vMyA695hQ6N PZJSiJtYTJi XaeFQINr7vt L5IOXvBu4hE W5SbDqVomF9 cPPZrlFenvY smQffVg7k4d