Today U.S. Congressman Sam Johnson (3rd Dist.-Texas) announced he will serve as the Chairman of the influential Ways and Means Subcommittee on Social Security. The Subcommittee on Social Security has jurisdiction over Social Security retirement, survivors and disability programs and oversees the operations of the Social Security Administration. This fiscal year Social Security will pay $782 billion in benefits to nearly 62 million people.
“Americans pay part of their hard-earned wages for the promise of benefits for themselves and their families should they retire, become disabled or die. Today Social Security faces growing cash flow deficits and increasing service demands due to aging baby boomers and the economic downturn. At the first of this year, every day for the next 19 years, 10,000 people will turn 65. I look forward to working with my Subcommittee colleagues to tackle these challenges so that promises made will be kept,” said Johnson.
The jurisdiction of the Ways and Means Committee includes: taxes, healthcare, Social Security, Medicare, welfare, trade, and the national debt. Johnson also will serve on the Health Subcommittee which will play a pivotal role in repealing Obamacare. Johnson represents portions of Dallas and Collin Counties in North Texas.