Skip Navigation

Scout Archives

Home Projects Publications Archives About Sign Up or Log In

Browse Resources

Pensions -- United States

Resources

View Resource Testimony of Chairman Alan Greenspan before the Task Force on Social Security of the Committee on the Budget

Alan Greenspan's testimony to the Senate highlights concerns about the sustainability of Social Security in its current form in the future. The Social Security system currently collects more in taxes than benefits paid out, with the excess held in the Trust Fund. But this is expected to change in 2014 when the baby boomers and increased longevity of retirees is likely to result in benefits...

https://www.federalreserve.gov/boarddocs/testimony/1997/1997...