goss. i find it as troubling as the rest of the committee does and i'm sure the rest of the folks that we represent. i'm wondering there's good news this this report as well and i know you covered it already, but in tuesday's report which showed that the disability insurance trust fund had gained four additional years of solvency when compared to the last year's projections, it's nice to see some good news, positive news in the trustees report. i'd like to get your perspective on this, particularly as our economy is growing in unemployment is at a record low. historically speaking, i know you have had speculation on as to why this is, but do applications for disability insurance go up when it's more difficult to find a job? >> they do indeed. applications historically when we have a time of high unemployment, of a weak economy, we have an increase in applications, but interestingly not only do we have an increase in applications, but the percentage of the applications that are found to be d

seated at the table is stephen c goss, mr. goss, welcome back. please proceed with your testimony. >> thank you very much chairman, ranking member and members of the committee. it's a pleasure to be here to talk about the 2018 trustees report. congress by the way has received from the trustees, every single year since 1941, its annual report at trend report as required in the law. i want to thank both of you for talking about the nature of the coming shortfalls which in so many years we have discussed their large recently about the demographics. it is like it is inevitable. let me speak briefly about three major items that are the changes in the trust report compared to the less. first, based primarily on the lord then application an incidence rate through 2017, to levels that are below the levels we achieved at the peak of the last economic cycle in 2007. the completion date extended once again from 2028 of until 2032. the depletion date despite of the fact are now seem to be rising more rapidly to the same ultimate rate is assumed in last years

seated at the table is stephen goss, mr. goss, welcome back. please proceed with your testimony. >> thank you. it's a pleasure to be here today. i will talk about the trustees report. congress has received from the trustees every year the annual report as required in the law. i think both of you and your oral statements for talking about the nature of the shortfalls of social security. there really largely about the demographics. the age demographics are changing because of the drop. the tide is inevitable. let me speak briefly about three major items that are the changes. first, based on continuing lower-than-expected application and incidence rate to levels below what we achieved at the peak of the last economic cycle in 2007, the completion date is extended by an additional four years it is a very close. the di completion date is extended despite of the fact that incidence rate are soon to be rising more rampantly to the same rate is assumed last year. bit of a technical point, average benefit levels projected to be lower due to changes and

so with that, i'd like to introduce our speakers, steve goss, stephen goss, actuary of the social security administration. karen glenn, deputy chief actuary of the social security administration. henry aaron, bruce and virginia mccory, senior fellow with the brookings institution. kilolo kijakazi from the urban institute. and doug holtz-eakin, president of the american action forum. their bios are in the packets. so if you want more information on our speakers, please look there. with that i'd like to introduce steve to begin talking about the program's finances. >> great. thank you very much, ben. and karen and i are going to do as we described, sort of a tag team run you through some of the material. we have a number of slides. ben will yell at us if we're taking too much time. so let me just run through the first couple slides, karen will run through some. we'll go back and forth, to keep it interesting. because it's been said that some actuaries are not as interesting. so tag team will be better. why are we here today because of social security, but in particular the date of yesterday

in for second and put in a plug for the national academy of social insurance, who recognized steve goss with its first bob ball memorial award. we recognized that steve has been an absolutely invaluable resource on both sides of the aisle with whoever has come, has gotten straight answers and good information, and has done as or more than anyone else to educate the american public on social security. so, thank you. >> henry, that is nice of you to say, but i would add the academy has done a better job since that year. every year, they come up with better people for the ball award, and there is one such person on this panel. thank you, henry. >> my job here today is to talk about the role of social security in people's lives. social security is a retirement benefit that is critical to the economic security of the elderly, but it is also an insurance program that is needed at every stage of life. social security retirement benefits reduce poverty for the elderly from about 41% to about 9%. however, the program also provides insurance protectors for young workers and their families. if a y

stephen goss, chief actuary of the social security administration. karen glenn, deputy chief actuary of the social security administration. henry aaron, senior fellow at the brookings institution. kilolo kijakazi, urban institute, and doug holtz eakin president of the american action forum. their therefore bios are in the packets so please do if you want more information on her speakers please look there. with that i like to introduce steve to talk about the programs finances. >> great. thank you very much, ben. karen and i would do a tagteam through some of the two. we have a number of slides and ben promised he will yell at us if for taking too much time because we don't want to keep you from all the eloquence of the rest of our folks. let me run through the first couple of slides. we will go back and forth so that it would keep interesting because some actuaries are not as interesting so if we tagteam it will be better. first of all, why are we here today? because social security but in particular the date of yesterday, daniel trustee's report cam

it's friday in santiago neal to pack and diana gay goss's getting ready to go for a drink with her friends. both people born with male bodies but here. at home they often take on traditional female roles but they're not viewed as women either new share often confused as transgender but their identity is unique to the region in cities to be more in other communities musha said to be less accepted and more discriminated against and it's said that this region is the new ship paradise when it really isn't there's a lot of discrimination and violence it's still necessary to work hard to change the way people treat us and that the atmosphere has changed over the miss sharon inseparable part of the zappa tech culture life here revolves around family social events and keeping the men company despite their long history mexican law doesn't yet recognize them. in society generally accepts them the new chef say there's still much progress to be made. to have been working from a very early age. we identify with our feminine side we dress up as women at ten twelve thirteen years of age but we can no lon

john shea to daniel goss it's gossitt. top of the 8th dustin fowler in -- gossitt. top of the 8th dustin fowler in scoring position and a 3-1 pitch ripped back up to the box. fowler who was thrown out of the plate yesterday in overdrive today and scores. a's leading 2-1. two batters later matt olson turns it loose on a 3-0 count. this 1 goes into the waterfall, his 12th home run of the year, 454 feet. a's leading 5-1. now gossett left the game with elbow tightness and will undergo an mri tomorrow, but the bullpen struck out five over four shutout innings. a's beat the royals 5-1 to take two out of three and are now 31- 29 on the season. >>> college baseball baylor fans feeling good before facing stanford in an elimination game. bottom of the 1st the cardinal's connecting for a two- run home run. stanford wins 4-2. >>> golf, through nine holes yesterday tiger woods was within one stroke of the lead at the memorial. he cooled off today, only four birdies over his final 27 holes, not in contention. jack nicklaus watching the final round of his tournament in ohio on 16,

goss imer magic show plays on monday june 11th. and tuesday the 12th. he show starts at 7:30. you have time to hang around the fair much of the day or get there after work and check out the show. this -- you know this is on delaware street in san mateo. if you've never been it's classic. >> the piggy races are so much fun. >> those are a crack up. now and then we move to san francisco where we have the scottish rite putting on a play called the trader. a massenic play about the revolutionary war george washington, benedict arnold, it has the whole thing put on by local members. >> fun. >> a $20ville. you get it-free. sunday, june 10th. we take care of the next weekend. >> great entertainment. >> thanks. >> how do we get it. >> to the website at abc7news.com. look for the finney's friday free stuff page and we'll hook you up. >> thank you so much michael. >> wonder if we can bring the corn dogs to the play. thanks. >>> call him a pint size steph curry. supercute and a big time warrior fan. stay with us. and look at the beautiful images from images by brandon. thank you for send

goss' he looks at google's new range of emoji is including gender neutral couples and vegan salads and then asks if they're really politically correct. this is r.t. international coming to you live from moscow and kate partridge thank you for joining us. u.s. president donald trump has left the g seven summits to singapore and his much anticipated meeting with north korea's leader kim jong un but during his final address in canada trump once again stressed russia should be reinstated in the g seven i would rather see russia in the g. eight as opposed to the g seven i would say that the g eight is a more meaningful group than the g seven absolutely but the issue is one of many the other member states are refusing to support despite all agreeing on a final statement strong reasons to feel isolated with accusations the u.s. is disrupting global stability. however is the fact that those faced international oh the fish being challenged. quite surprisingly. not by the usual suspects. but by its main architects to go into the us. public the past couple of days the world has witnessed increasi

region already has wide ranging devolved powers over health education and even taxation but some like goss who came with his grandson dream of having their own country when. there are steps to be taken first self-government and so for all and then independence i'm not sure what that will look but it needs to recognize people's rights some days event comes amid turbulent times the dispute over catalonia is attempt to declare independence from the rest of spain is far from over and earlier this month the central government in madrid was toppled by a corruption scandal the incoming socialist administration has known which already no room to maneuver on key issues such as greatest of. various regions but but but organizers except it may be along the campaign. different factors mean we're closing one chapter and beginning another we must base this new chapter on democratic values and the will of the people. it's hard to see how government leaders in madrid would ever accept the. state. but. the power in the future is. for to take them into one championship. business updates. go in places togeth

e was appointed by president obam jerry brown goss worse. 4 million left california in the ast years,ut it h accelerated in the last two years particular. more pple are lea california than coming to california and these are mostly bread winners, middl class folks. john cox has to get serious money together. luckily he is a wealthy developer and so he's got a reported wealth of 200 million. so he certainly will be there o with h money. republican governor's association would love nothing better to give gavin newsom a ard time because gavin's not ready forvernor, we know that. he's running for president. automatically when you're governor of california you are considered presidential material, evenerry brown thought so. >> he has said on this program he's not running for president, but as ye know wn't predict the future. >> oh, yeah. > let me ask about john cox again. since we're speaking of presidents, president trump endorsed him during the on elec we saw john cox rise in the polls shortly after that. will the republican natio committee ask president trump to come the california to ca

jerry brown goss worse. 4 million left california in the lastyears, but it has accelerated in the lastwo aars particular. more peoplre leaving california than coming to california and these are mostly bread winn middle class folks. john cox has to get serious money together.a luckily he is wealthy developer and so he's got a reported wealth of00 million. so he certainly will be there with his own money. republican governor's association would love nothing better to give gavin newsom a hard time because gavin's notre y for governor, we know that. he's running for president. aomatically when y're governor of california you arec nsidered presidential material, even jerry brown thought so. >> he has sgrd on this pro he's not running for president, but as you know we can't predict the future. oh >>yeah. >> let me ask about john cox again. since we're speaking of presidents, president trump endorsedim during the election. we saw john cox rise in the polls shortly after that. will the republican national committee ask president trump to come the california to campaign on behalf of john cox in

find so you got a sense that if thought ok for going to the goss forces for that would be fine it could be. trying to say he says. consequently some kind of a security meant because he's so how much of a turning point is this potential loss of this airport and what does that mean what comes next. for this forty six year be important psychologically. if you guys are really important so. if that's what they call. you can vote for the. recall. consequently more pressure on. the card in your. reports that more or did. you have any. they get most. a. trophy potentially catastrophic. or timid. would be very. different militarily speaking does. the rebels have any type of means at all to to to fight back or are they simply overwhelmed by the resources of the coalition. they are all about the are talking about equality and all the numb got all arab countries. who thought all. dream big was from down. on the other. day and said. it really meant the very end trace of their unity ministry kept from the farm it. consequently the day best are the one on the face of a deity to match the power of all

yesterday we had steven goss the actuary before congress. actually, there are two plans that solve this issue. one does it by virtue of cuts and raising the age. the other one, our proposal, social security 2100, i'd like to address and talk about today. because i really feel -- and i believe -- i forget who in the organization. i think it was mark goldwin who said it's time for the demagogues on the left and the right to put away the talking points and start working together on a solution that does right by our grandchildren, our children, our current retirees, and the clock is ticking. of course, he's right about that. and that's why we have to focus on this. one of my contentions is as follows. i had this discussion with maya. social security is not an entitlement. the citizens of this country know it. it's not an entitlement. it's the insurance that they paid for. and they know this because all they have to do is look at their paycheck and see fica. what does fica stand for? federal insurance contribution. whose? yours. so the citizens o

. >>> hose are just some of your morning headlines, hey, mike, sal, goss sibling i can't, send it backpart of that apology. >> i'm a lot loud mouth and all stuff. but i'm not stupid, for god's sake. and i never would havingly called any black person a -- say they are a monkey. i never would do that and i didn't do that. and there are people think i did that, it just kills me. abc announced it is going to era 10 episode. >> question of the day, do you accept roseanne's apology? 73% of you say no. 27% say yes. gasia what are you seeing on social media. >> the majority are no. jan tweets me, no she is an actress and trained to cry. she has a history of racist words and action it's caught up to her. >> a person who is truly remorse full knows actions speaks louder than words. she just wants pity. >> thank you for your responses, reach us on twitter anytime. >>> san francisco woman is apologizes after a her calling police on an 8-year-old girl. she says the woman who appeared to call police was upset that her daughter was selling water in front of their home right near at&t balance park wit

he called some of their documents goss per thin. i don't think they are expecting this far of a ruling in favor of at&t and time warner. but it sent a clear message to the justice department. it is bringing up more why was this case brought in the first place. these types of mergers typically don't get the scrutiny from the justice department. there are questions about political motivation in the beginning. time warner is pointing directly at this political motivation since putting out a strong statement questioning whether there was political motivation behind this case. the white house and justice department has denied this. but just how clear this ruling came down in favor of at&t and time warner, those questions have continue tthreatened to li. >> is there a possibility of an appeal? >> reporter: there is always the possibility of an appeal. the justice department said they are considering that option. in an unusual move yesterday, the judge in this case, judge leon, issued a stern warning to the justice department, not only abo

tax goss to the government. the health care money goes to the restaurant owners.es in san francisco have to offer health care by law. but as far as i know only some restaurants add the surcharges to pay their costs of doing business. now supermarkets and clothing stores are not adding health charges, surcharges neither are tv stations we have the same laws here. all businesses are under the law. not just restaurants so do not burn the wait staff that's just not right. >> meghan asks i'll be attending a we hadding in the napa valley in october. we want to stay the weekend when the best time to make restation innovations for a hotel room. >> three, four months ago. i'm not kidding you. that's hard this isn't. primetime. some hotels are full. getting a deal is going to be all but impossible. you really have to do research and you need to start right now. i also want to you consider staying outside of wine country and driving in for the wedding or actually better yet getting a car share to take to you the wedding. that way you can have a good time there and not worry

. >>> plus, i talk with john tra voel volta about his portrayal of mob goss john gotti.hy did many love this gangster? when i found out i had age-related macular degeneration, amd, i wanted to fight back. my doctor and i came up with a plan. it includes preservision. only preservision areds 2 has the exact nutrient formula recommended by the national eye institute to help reduce the risk of progression of moderate to advanced amd. that's why i fight. because it's my vision. preservision. try areds 2 + multivitamin. heartburn and gas? ♪ now fight both fast new tums chewy bites with gas relief all in one relief of heartburn and gas ♪ ♪ tum tum tum tums new tums chewy bites with gas relief i just want to find a used car without getting ripped off. you could start your search at the all-new carfax.com that might help. show me the carfax. now the car you want and the history you need are easy to find. show me used trucks with one owner. pretty cool. [laughs] ah... ahem... show me the carfax. start your used car search and get free carfax reports at the all-new carfax.com. you

bought the kindle expression all therefore to the cover it's a what-if book the first amazon review i goss would two stars. and the two star review was, i thought this was a biography on robert kennedy. didn't know it was the whole campaign i. went ongoing to find amazon's suggestion box if down the road they require an iq test before you can leave a review, that was my suggestion. i won't have time to talk about the entire campaign but let me -- i just want to focus on a couple of key point us. the book is divided in three major parts. the battle for the democratic presidential nomination, the battle nor republican nomination, what the ticketers would have more than likely looked like going up against george wallace and then the general election in november. since i have so many people in the audience without gray hair i want to take a few minutes to talk about the democratic battle of 1968. fascinating. because of all the intrigue going on. so it starts off with president lyndon johnson, john f. kennedy's vice president. bobby kennedy was attorney general and treat lbj very poorly when h

i is hard, and it was a real, as you know, extraordinary goss. but tomorrow, we'rng to have a service at arlington cemetery, and over 4,000 people are coming. they wrote letters, how much they were grateful to be invited. people are coming from as far away as california, ireland, italy, even australi so it really shows that 50 years after he died, people still remember him. they remember what he cared for, what he stood for, and they wat to come together in unison.av >> woodruff: ito ask you, your mother is 90, his widow. how is sye doing? >>other is great. she just had her 90th birthday. joe biden came, nancy pelosi, steny hoyer, with lots of grandchildren,nd we sang songs and ve very funny toasts. my mother has a terrific spirit. >> woodruff: dawn porte you decided to do this documentary by kennedy. where did the idea come from? why di you want to do it? >> you know, over the course of my career, so many people that i admire told me how much they were influenced and admired bobby kennedy. and i was really curious about at. so, for example, atto

he got goss yeas for those who were attending that meeting.aid, if i were black, i'd feel the same way. let me talk about race as a moral issue. for the rest of his life he did so. many of the people who were there, the activists and intellectuals and those who are the thought leaders, i draw parallel today. i don't just leave it there in the 1960s. i talk about harry belafonte and jesse williams and jay-z and beyonce and many people, kamala harris, and other people who are here in this present day doing the kind of this innings they were doing at that meeting as well. >> dr. michael eric dyson, the book is called, "what truth sounds like." thank you. >>> deputy attorney general rod rosenstein at the white house as we wait for the big report on the fbi investigation. their own internal investigation to how it handled the investigation into hillary clinton's e-mails. members of congress also being briefed right now on that report. sarah sanders sure to be asked about it at the white house press briefing that's set to start just 35 minutes or so

region already has wide ranging devolved powers over health education and even taxation but some like goss who came with his grandson dream of having their own country when. there are steps to be taken first self-government and so for all and then independence i'm not sure what that will look like but it needs to recognize people's progress in a moment. some days event comes amid turbulent times the dispute over catalonia is attempt to declare independence from the rest of spain is far from over and earlier this month the central government in madrid was toppled by a corruption scandal the incoming socialist administration has known with giora no room to maneuver on key issues such as greater self rule for spain various regions by. but organizers except it may be along the campaign. different factors mean we're closing one chapter and beginning another it was based this new chart on democratic values and the will of the people is seen in our service and often. it's hard to see how government leaders in madrid would ever accept moves to carve up spain into independent states. but ask these

more taxpayer dollars will be used to expand dehe thinks it camps on top of the billions of taxpayer goss that have already poured into this detention system. let's be clear about the executive order. the zero tolerance policy that created this problem in the first place is still in effect. it's still in effect. let's be clear about this executive order. the effect is to suggest that a mother fleeing a murder capital of the world, which is what the zero tolerance policy suggests, that a mother fleeing with her child, a murder capital of the world, should be treated as being equal in a threat to our safety as a member of a transnational criminal or organization and a a prosecutor for most of my adult life, i find that absolutely disingenuous and just slowly wrong on a moral level, on an ethical level and avoid of any reference to real fact. but i'm not surprised given the administration's track record on this issue. if you look at what's coming out of this administration in terms of its policies, it paints of constellation of attacks on immigrant women, on immigrant children, and on immigr

was also fortunate when i did the that i had the leaderships of both of the fourligence committee, goss and nancy pelosi in the house and bob graham and richard shelby in the that agreed from day one that that inquiry was so important that it was going to facts, and note by partisanship. for get a lot of credit that. so i had the privilege and the ack of doing oversight in bipartisan atmosphere. so the question is, is that still -- that atmosphere, does it still exist on the hill? and if it does, are i.g.'s more important than ever? does it also.g.'s, make your job more difficult? whoever. >> from my perspective, we've always considered the i.g.'s to factutral, nonpartisan finders, exactly what we rely on them to be. reports and take testimony in hearingsing from i.g.'s with that understanding the aisle pickof and choose which aspects of a recommendations that appeal most to them. the fact that i.g.'s tend to carry over from one administration to the next brings a lot of value. that's why some of the things i on with respect to i.g.'s sharing information equally between the majority and

appears to not go to procuring and updating medical countermeasures for the stockpile but instead goss a category entitled nonprocurement costs. in an effort to inform the discussion today, committee staff did ask c.d.c. to provide a breakdown for what is in this nonprocurement, but we never got it. can you share with us very briefly, and you night mite need to supplement with written response, what makes up the spending for the strategic national stockpile? dr. schuchat: thank you for your question. as you know, the strategic national stockpile has an inventory of about $7 billion. so the annual appropriation is just a piece of that. most of the dollars that are in the nonprocurement go for sustaining and operating. so that would be the rental space, the security for the warehouses, the staff that work, you know, the salaries for the staff. as well as the clinical expertise that's helping with the guidance on how to use the product. mrs. brooks: could we get a written breakdown of that what is -- of what that is? dr. schuchat: that should be ons i way to you. mrs. brooks: thank you ve

the change goss into effect jul. >>> well, thee secret may out.ly leaked the date of prime day. amazon uk site reportedly showing prime to be monday, july 16th. event offs thousands of discounts for prime members. views in years past.nreixed >> it seems like eveca year we t find anything to buy >> however, amazon tells fox business quote we announced last year that prime day would we don't aitiol details he avto share yet. so forget what you might think you know. >> right. keep july 16th open. just in case. the connors now an official spin from roseanne. abc announced the show will go rently che tance rled of course following her tweets. the networkhough has a working connors,pi ond t wch oerrded ten basically include everybody bro. they will n otut have any creative or financial participati in i it. she saidto tvehe the 200 cast andmerewmbers. so see if the show still gets the popularity that i w our zip. we're talking mo, tony and tucker all there this morning. >> and security with matching um aellas don't forbout that. >> we'll get the scoop on