like social security. social security still has trillions of dollars in the bank there that they don't want to pay back to. host: ok, sal, thanks for the call this morning. in fact, if you're interested in social security discussion in our next segment, we're going to take a look at the state of both social security and medicare, both former trustees of those programs are joining us for that discussion. so stay tuned to us for a few more minutes to take a look at that. the "new york times" also analyzes this morning the decision by the second federal judge on turning back the third version of president trump's travel ban. it quotes some of the arguments used by the judge in making that decision, he out of hawaii, and he quoted extensively, the judge did, from mr. trump's statements and twitter messages during the campaign and in office, including his demand as a candidate for "a complete and total shutdown of muslims entering the united states" -- host: jeffrey from maryland, i'm sorry, north dakota, is ne

i would like to eliminate the windfall provision and the government offset provision in the social security office. i think it would be a vital step in ensuring that our middle-class seniors can enjoy continued economic security after their retirement. and not only would it help the economy, mr. president, it is the right thing to do. it is the right thing to do. mr. president, i want to sum up. we can provide economic relief immediately to some of those middle-class retirees that i've been talking about by eliminating the windfall provision of the social security system. it won't cost much money. it will have a small effect on the cost of social security, about .13%. not 13%, .13%. a little over one-tenth of 1%. and after taking care of this little fix which is more than about money, it's about fairness. we can then make sure that social security remains a reliable source of retirement income for measures in the long term. thank you, mr. president. with that, i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: a senator: mr. pre

it simply creates a budget point -- medicare, medicaid or social security. as i think we all know, the republican budget provides 80% according to various studies about 80% of the tax breaks will go to the top 1%, that's 1.9 trillion in tax breaks over a 10-year period going to the top 1%. but this republican budget also makes massive cuts to medicaid, a trillion dollars, throwing some 15 million people off of the health insurance they have. and massive cuts to medicare over $473 billion. the president interestingly enough, mr. chairman, i think everybody here remembers that when donald trump ran for president, one of the tenets of his campaign is that he was a different type of republican and was not going to cut social security, medicare and medicaid. on april 18, 2015, trump said, every republican wants to do a big number on social security and medicare and medicaid and we can't do that and it's not fair to the people who have been paying in for years. and now all of a sudden, they want to be cut, unquote. you have a man running for the american presidenc

reagan took the social security and medicaid away from us and put it into a k09. if you retire, like i did, i had to pay the tax to social security. we know what you are doing. you are going to take the money for medicaid and social security and pay for your taxes. tell me the truth is not in there, because i read it. thank you. .uest: that is not true i can tell you i have an 85-year-old mother. gotfirst telephone call i when i was elected in 2010 was not to say congratulations, bill. it was to say ok, son, what is going to do to make sure washington does not mess with my social security and medicare. or else i'm going to come live with you. wifecond call is from my who said you had better do what your mother said. you cannot rollback the clock and make different retirement plans at this point in your life . i believe the federal government absolutely has a responsibility to honor the pledge and a promise for your social security and medicare just like my mother and millions of other seniors within that retirement window. we not taking money out of social securit

treasury can garnish their social security benefits. in fact, between 2002 and 2015, the number of americans having social security disability and retirements garnished because of unpaid loans increased almost 500%, to 173,000. >> who do i go and get this money back from? >> reporter: it happened to 55-year-old manuel roberts of brooklyn, new york. he paid off most all of the $13,000 he borrowed to attend the university of southern california in the 1980s. but after losing a job, he defaulted on the last $3,000, and then sustained a severe head injury in 2002. >> then i was injured. street violence. i was a victim of a violent crime. i was in a coma for two weeks or so. >> reporter: roberts received social security disability checks for $1,300 every month. but the government began deducting $200 from every check for the defaulted loan. >> i was already in a bad situation. it's plain to see they just made it worse. >> reporter: the social security deductions pushed roberts to the verge of the federal poverty line. it turns out, there's a

decimate medicare and social security. the tax plan makes clear republicans are circling the wagons to do what they have tried to do for decades, go after social security and medicare. to be clear, this hasn't always been the case. going back to the last time when we reformed our tax code, no less of an authority than james baker, former republican treasury secretary, said, quote, "we must not let tax revenues decline and worsen the deficit." in other words, tax reform must be revenue neutral and should be judged on its own merits. let's call that the jim baker rule. tax reform must be revenue neutral, judged on its own merits. no dynamic scoring. no fake math. the republicans used to believe in that. middle class americans deserve tax relief. we democrats want to provide it. but as we have said, tax reform should go through regular order, it should help the middle class, not the top 1%, and should not increase our deficit. let me just say one more thing. by trying to put a plan through in a partisan way through reconcilia

social security numbers, credit histories. i teach my opportunities so damaging because it is rir reversible -- irreversible. it has been compromised now and forever. it is not practical for to reach new social security numbers let alone change the home address on their mortgages. people often don't find out they were victimized. this is only the tip of the icebe iceberg. the irs lost millions to criminals along with health care and entitlement fraud. it goes far beyond fraud by cyber criminals. it includes victims of stocking and harassment. lastly, there's a national security threat. for instance by connecting breached data identified federal workers they discuss those well beyond equifax. this is an example. when third parties are harmed taken by others this could lead to mismanagement of risk by organizations by data confidentiality. another is that exists by the true cost of harms. at this point we know social security numbers and credit reports have been breached. we don't know how much will be enabled, how many credit s

if they say we want to reform social security say do you support the principle of social instruments. they have to get out of this language that obscures what they're doing. i actually made a list at one point of things i think follow this analysis. i think the main thing is to realize that as a source of tremendous strength. they understand that if the majority knows what's going on and the majority sees what kind of society they would bring into being, people will want to solve it. the task is to reach out to one another to engage in get involved. there's so many different ways and networks people are plugged into. i think that can begin to make it different. what better conditions do they have for pushing through this agenda. they didn't like what they were seeing and they really responded. >> there are clearly parallels between what buchanan was doing it george mason what freedman was doing at the university of chicago. did you see any documentation of collaboration between those two schools. >> it's actually quite interesting. buchanan came out of chicago and the first years they

between that and my social security, i am staying above water. out, i aming you find single. i live by myself. thanhave an income of more $25,000 a year, they start taxing that. every security will take third dollar from me. the more youmake, have to give back to the government. it is a hard thing. spend, watch what you do. year,my wife retired last saved all my life, 401(k), ira, stocks, home, etc. i don't believe in social security or railroad retirement. caller: i don't believe in social security. there should not be federal earned income tax. we should get a tax break on our earned income. host: james, maryland. caller: i wanted to talk about social security. work ands 14, i began paying into social security. later on, i started working as a government employee. i was notement came, qualified for some of my social security, which i don't think is fair. , theyher problem, 401(k)s don't payoff off for you to put some of(k)s because that money goes to the government. what can we do? it is not fair. calling on our line for those of you over the age of 65. fall into8002, if you

you're holding their social security number. so any breach that makes that information available outside of the arena in which it's supposed to be kept close, createsvulnerability for that person. it's not like we get a new social security number when we turn 18. so that's going to follow them all the way through and create some real risk for them. so i think that's a piece of this that we need to understand much better. and i want to thank my constituents for bringing this to our attention. >> i understand your point. to my knowledge, that data is not included in the breach. i will look into it. >> thank you. i yield back. >> thank you very much. the chair now recognizes the gentleman from george up for five minutes. thank you. >> i want to thank you for allowing me to sit on this today. mr. smith, thank you for being here. it has been a tough day. it has been a temp as couple weeks. i appreciate you being here. i am not going to apologize for my colleagues and their questions and their aggressiveness, if you will be because as

social security would be totally solid the next 100 years with only a 2% increase in the social security tax. think andurity i also for that matter a number of other programs, particularly social security, is falsely andred by the press entitlement. it is actually an earned benefit, something everybody paid into as they do for other forms of insurance. again, we accept false , it isals to say, well not a full retirement savings plan. it was never designed to be a full retirement savings plan. it was desired to be -- designed to be institution against old age. it has played that role magnificently and will continue to do that. social security had 10 major sets of amendments since 1935 to meet the changing economy. unfortunately because of what started in 1980 on the last major set of amendments was 1983, but the economy has changed drastically since then, but social security has been frozen in place. similarly the affordable care act has been frozen in place since 2010, and the complex program in the public or private sector has many adjustments in the first few years of operation. we hav

social security at best. it would work for any pension plan, public or private, and it will pay over a billion dollars a year in social security, every year. oft: bill, what is the just your plan -- what is the gist of your plan? caller: social security can be an asset. income can benefit social security if the recipients have flat 5% fee. it could be repaid through deductions and 10 months or less , at no more than 10% of your total a month. it must be paid in full before another one is given. that formula could work for any pension plan in any land. host: that was bill in chicago. senator stivers, how was the governor, matt bevin doing in your view? i am: well, um, naturally, a republican and he is a republican. i think he has got a lot of good ideas and we have a lot of good discussions on how we want to move this state. we had a very successful session this past spring where we think that we passed a lot of legislation that will stimulate and spur growth. we have already seen some of the benefits with som

but is he now trying to sabotage social security that and more in tonight's politics panel with julio rivera newkirk in just a moment and as ugly as his right wing nationalism could be now former white house chief strategist steve bannon had some legitimately good ideas about the economy does his ouster mean that we're stuck with so-called free trade for good i'll ask alan tonelson later on in the program. steve bannon's white house days officially over could trump soon find and up on the chopping block let's ask tonight's politics panel. with me for the night's politics panel our earlier a vera editorial director for reactionary times and progressive organizer with democracy spring thank you both for being with us tonight let's get started thank you so much thank you just in case you haven't heard the big news steve bannon is out at the white house depending on who you ask the now former white house strategist was either fired or handed in his resignation a few weeks ago and left earlier today this news of bennett's departure comes of course just a few days after he spoke to the amer

they did not want to cut social security or medicare or medicaid. take that, but that's not their goal. they want to eliminate social security, medicare and medicaid and virtually every other federal program that provides help working families of this country. and by the way, just in passing, if the estate tax which is part of the republican budget is three po, we want might want to mention that the coke brothers family would see a benefit of some $30 billion. so if your family is going to get a 30 billion-dollar benefit, putting a few hundred million dollars into seeing that legislation passes not a difficult idea. mr. president, this fidget legit makes it clear to the republicans in congress are listening to and it is not the middle class and working families who do not want to see medicare medicaid cuts and certainly don't want to see a $1.9 trillion tax break for the top 1%. afraid my republican colleagues are listening to their top campaign contributors who told the republican party in no uncertain terms that if they don't get their tax cuts. i

we made a commitment with social security and medicaid going back to the 1930's with social security, and to the 1960's with medicare and medicaid. we have to make a decision about whether we want to keep that, and if so, revenue is going to have to rise to pay for it, or other spending is going to have to pay for it. but we cannot do it all the same time, otherwise the commitment is worthless and i happen to believe the commitment is worth something. host: we will let you have the last word on that. stan collender, professor at georgetown, and also romina boccia. research fellow. your twitter handle, a lot more to talk about this as the tax reform debate gets underway. and the end of the year spending discussion as well. thanks to both of you for being here. guest: thank you. >> washington journal, live every day with news and policy issues that impact you. coming up on monday morning, can stern discusses polarization in the united states. talking about senate legislation on class action lawsuits. that american retirement association's douglas fisher on 401ks and tax reform. watch c-

love steve. >>> landmark total for social security spending.ed by the treasury department the social security administration spent over one trillion dollars in fiscal 2017. here to explain why that is a shocking number and how it affects growing number of aging americans, fox news correspondent dock mckelway. doug? reporter: the the great psychiat can experience same illnesses as individuals. we have denial here. social security spent trillion dollars first time last fiscal year. it is going broke. will be technically insolvent by 2034 but nobody, except for a few wise people are heeding the alarm bell. >> social security reform is urgent and necessary, the longer we wait, more painful and drastic cuts will have to be. congress needs to get on this now, an begin the important process of gradually reforming the program so retirees and individuals near retirement will have time to adjust their own savings strategy. reporter:red fund's future liabilities exceed $34 trillion. even one trillion is so huge of a number, if you spent a million dollars

we helped get the social security number off the state drivers license, the social security numbers no longer published on the state voter rules of this is an issue that can be addressed, but congress will have to get behind an initiative that says we have to limit to th the use of the ssn. >> i appreciate the comments and with thisfor this, my time is u. senator kennedy. >> thank you mr. chairman. i'm sorry i missed the presentations. why should we not pass legislation that would establish that the bureaus have a fiduciary obligation to the people whose data they collect and are to profit off of? >> i think some of that legislation is already in place with the gramm leach bliley act but more needs to be done and i think your description of the fiduciary relationship is absolutely correct. >> do you think that there is a relationship now? >> no, i don't think the companies feel they have an obligation to american consumers. >> i disagree with that. i wouldn't characterize -- >> you agree or disagree? >> i disagree. the are subject to a pervasive regulatory scheme and the statute here i

but it was social security. that is what james buchanan had observed from the american welfare state. and since its creation in 1935. no doubt inspired of the cato institute turn to teach the staff how to grab what. might turn. and with the privatization of social security and called it a ponzi scheme. but framing that it was fundamentally fraudulent and fundamentally wrong. in the view of the libertarians. under his tutelage that meant political suicide. they want to continue as it was. there is no widespread support with any membership group prefer the old door the young. the female or the of mail or the rich or the poor. then year universal popularity because about opposition. buchanan taught something that was more sequential and devious and deceptive approach with this new crop walk. doesn't seek to undermine that existing structure first they must enter those beneficiaries under the viability to make abandonment look more attractive. there is a whole industry of nonprofits funded that have been doing this.

eric: could we soon see an end to social security numbers? the white house security court nader is calling for after the massive breach at equifax. >> i personally know my social security number has been compromised at least four times in my lifetime. that is just untenable. >> what are they going to use you think? dna, temperance, spatial recognition? we will take a look at that next. proven track record of being prescribed for nearly 10 years. humira works inside the body to target and help block a specific source of inflammation that contributes to symptoms. in clinical trials, most adults taking humira were clear or almost clear and many saw 75% and even 90% clearance in just four months. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal, infections and cancers, including lymphoma have happened as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where

there has been a lot of discussion surrounding the social -- the security of the social security number. and whether it should be used as an identifier going forward. do you think we need to get rid of the social security number as a personal identifier? and if so, what viable alternatives do we have? how would we ensure that such an alternative doesn't suffer from the same draw backbacks as the l security number. mr. smith, do you want to start? >> i think that if we eliminate the social security number as a personal identifier, we're going to have to have something -- some other unique identifier that will allow businesses, credit bureaus, others to know who precisely they're dealing with. so my name is andrew smith. there are thousands of me, perhaps tens of thousands of me. when you're looking at a bankruptcy court record, if there's no identifier on there, how do you know which andrew smith it is? so socials right now, and other identifiers, play a critical role in the economy, just simple identification, right? not authentication, not verification. not that truly am who i say i am

this letter from the national committee to preserve social security and medicare. on behalf of the millions of members and supporters of the national committee to preserve social security and medicare, i urge you to oppose h.con.res. 71, the house fiscal year 2018 budget resolution, and the republican study committee budget. instead i ask you to support the democratic caucus, congressional progressive caucus and congressional black caucus budgets. the committee passed budget resolution would slash funding to medicare and medicaid, repeal the affordable care act, and make it easier for congress to cut social security, all to pay for massive tax cuts for the very wealthy and profitable corporations. this from the american public health association. on behalf of the american public health association, a diverse community of public health professionals who champion the health of all people and communities, i write in strong opposition to the house f.y. 2018 budget resolution, h.con.res. 71. this proposal does not eliminate sequestration and would drastically cut nondef

if an individual uses a stolen social security number and the real name corresponding with a social securityumber a false positive could occur. legal workforce act addresses identity theft in several ways. first it notifies, requires notification to the rightful owner of a social security number and over that number admitted to e-verify in the man indicating a pattern of unusual multiple use. the rightful owner will know his or her number may have been compromised. wives they can from this the department of homeland security and the social security administration must lock that social security number so no one else can use it for employment eligibility purposes. among other things the bill creates a program to which parents or legal guardians can lock the solstice getting numbers of their minor children for work eligibility purposes. this is to combat the rise in the number of thefts of children's identities. the bill faces in e-verify use in six-month increments and getg with the largest u.s. businesses, raises penalties for employers who do not use e-verify according to the requirements, a

we need a social security system fit for the 21st—century, and make sure that all workers are affordedterate my genuine offer, to work with the government to address the very real concerns about uc, in particular its design flaws and the administrative issues, and of course the cuts. i welcome the government's announcement this morning that the so—called helpline will be a free phone line. given circle's appalling performance, the profit that they have made must surely mean that they should be paying for the free phone line. it is unacceptable that people on the lowest incomes have been paying money, and that they don't have phone calls —— in a phone calls to find out about their claim. but people making enquiries on their claim must be kept —— are kept on hold or passed from pillar to post. another key ask is for alternative payments to be made to all claimants at the time of their claim, and that would include ending the one—week wage, enabling people to fortnightly payments instead of modern —— monthly, and with the option of the housing element going directly to the landlord. alter

arthel: imagine your fingerprint replacing your social security number.t could happen sooner than you think. hear how the white house is looking to shore up cybersecurity after the massive breach at equifax. ♪ hungry eyes ♪ one look at you and i can't disguise ♪ ♪ i've got hungry eyes ♪ applebee's 2 for $20. now that's eatin' good in the neighborhood. arthel: the white house is exploring new ways of stopping identity theft in light of that massive equifax data breach. more than 140 million americans find themselves at risk after hackers stole their social security numbers. experts now looking at modern alternatives to help safeguard sensitive information. fox news correspondent doug mcelway explains. >> this social security measure gives at least some protection to millions of our citizens. >> more than 82 years later, president franklin roosevelt could not have imagined the lack of protection inherent in the social security card. the nine digit number has become a de facto national id something it wasn't intended to be. the recent breach of 145 million s

the president already said he won't touch medicare or social security. does where the big dollars are. they make up 40% of the budgets of the budget said those programs unfortunately will continue to drive spending. that will likely mean pressure to rise taxes again in the future. independent line, barbara. >> good morning everybody. i love this discussion. my question is, people are always talking about families in congress. i happen to be single living here in washington, so my point is this. what is going to be the impact on the single taxpayer that makes below $50,000 and promise hasat corporations made that they are going to come back to the united states? what about the promises they made that will back up the part of the bill? underividuals making $50,000 are not going to be -- as we've seen it so far. there is no promise of corporation can make that will provide a guarantee your looking for. u.s.nificant part of corporations are on by foreign investors. a lot of the workers hired will be overseas. each corporation will do something different, dep

trump administration is exploring new ways for americans to identify themselves outside their social securitythe heels of the revelation that hackers breached security at equifax, a major credit reporting agency, and that hack actually exposed the social security numbers of 143 million americans. doug mcel way has the rest of the story. >> this social security measure gives at least some protection to millions of our citizens. >> more than 82 years later president roosevelt could not have imagined the lack of protection inherent in the social security card. the nine digit number has become a defactor national id something it was never intended to be. the recent equifax breach of 145 million social security numbers reveals its vulnerabilities in the digital age. >> i personally know my social security number has been compromised at least four times in my life. >> once it's been compromised its rightful owner has to go through troubles and time to claim stolen identity. the nine digits are meant for life. in the world of the internet, thieves also run free. >> do you have any clearer sense toda

and i campaigned all across the country on strengthening social security, doing it so that those on socialrement, there are no changes at all. every dollar, every penny of benefit is protected, but for young people, people my age -- >> you're not so young anymore. >> you'd be surprised. bit for people of younger generations, you know, if there are a lot of young people here, it's interesting, you ask young people how many of you think social security will be there for you and there are very few that will raise their hand. we need to reform social security and we can do that by gradually raising the age not for -- >> senator, we're almost out of time. i just want to follow-up on this question at hand. $2.4 trillion over ten years. that's how much the tax policy the gop proposal in front of you right now will reduce federal revenue. >> so the tax policy center ai left wing operation. >> none partisan. >> their projections are basketball because at this point there has been a framework put out, but without specific numbers. what i can tell you is simple fact. so bernie said voo do economics.

signed up for the hackers who broke into the equifax system accessed information such as names social security numbers birth dates addresses credit card numbers and even the numbers of some driver's licenses the company said that credit card numbers for about two hundred nine thousand u.s. customers were compromised in addition to personal information identifying about one hundred eighty two thousand u.s. customers and even though the data breach was discovered at the end of july now get this nothing was revealed to the public until the first week of september in a perfect world equifax would have immediately offered to help protect the identities of the people who were compromised and make sure that it took care of and make things right but apparently they're not that kind of company instead they offered people a chance to sign up for their credit monitoring programs a service they said would be free at first but then you have to start paying and to add insult to injury if you sign up for their service you might be effectively signing away your right to sue the company for their negligence th

if i could say briefly him social security number. we have made some progress on the use. with credit to senator collins and senator mccaskill, the sizzles -- these also security number is coming off the medical benefits id card because it's use there was determining to identity theft among american seniors. we help get the social security number of the state drivers license and it is no longer published on the state voter rolls. this is an issue that can be addressed. congress will have to get behind an initiative that says to the private sector we have to limit the use of it. >> i appreciate the comments and i know my time is up. >> senator kennedy. senator kennedy: i'm sorry i missed your presentation. passhould we not legislation that would establish that the bureaus have a fiduciary obligation to the people whose data they collect? mr. rotenberg: i think you should. i think some of that legislation is already in place with the gramm-leach-bliley act. the description of the fiduciary relationship is absolutely correct. senator kennedy: do you think there is a relationsh

social security number , a false positive can occur.egal workforce at addresses identity theft in several ways. first it requires notification to the rightful owner of a social security number whenever that number is submitted to e-verify in a manner indicating a pattern of unusual will use. the rightful owner -- unusual multiple use. the rightful owner will know that it may have been compromised. ofe they confirm this out the department of homeland security and social security administration must lock that social security number so no one else can use it for employment eligibility purposes. among other things, the bill also creates a program through which parents or legal guardians can lock the social security numbers of their minor children for work eligibility purposes. this is to combat the rise in the number of thefts of children's identities. the bill begins in six months and megan's -- six-month increments, allows employers to use e-verify prior to the date they hire an employee, and provides meaningful safe harbors for employers

three, set up an online social security account at ssa.gov. will prevent unauthorized access to the social security benefit by anyone else. from the doesn't that stink file, what can happen if you don't take any action. since there is a chance your name, birthday and social security number stolen in the equifax breach a thief could apply for credit cards in your name if you don't have a freeze. doesn't that stink? if you have never set up a social security account online, they can set one up for you. i'm john matarese, abc7 news. nancy: meteorologist josh michelle: this is fun. pep rally and a zombie run. jonathan: who doesn't love a zombie run? what is a zombie run? the perfect night to be at the ballpark. jon you can't ask for -- josh: you can't ask for much more than this. we are talking october baseball. playoffs. but it doesn't feel like it. they are getting things set up. a few food trucks. there are all sort of stuff going on tonight. the zombie run is sold out really cool. you have to get in there and save, quote/unquote, nats players.

>> social security numbers have been out there since 1936. you talk to many cyber security experts and they say the vast majority of all have already been compromised. i am in no way scurrying the issue of the horrific breach that we had. it was horrific, and i apologize to the committee and all americans. i would encourage a dialogue to talk about what is a better way to identify individuals something beyond the ssm. >> do you have any idea what could effectively transfer to? >> i would love to be part of ththat dialogue of public partnership. there's a lot of thinking going on right now. i'm sure with the right thought and priority, we could correct that. >> there've been some issues and confusion related to the products discussed and services that a equifax has offered. some are having trouble with the offers. why do they need to do to be able to obtain these products and services? >> we offer five different services for free, not just to the victims of the criminal attack. number one coming it is a free bureau monitoring where you can mon

better dress but deficits and social security and medicare. another way of looking at this is, we will spend in terms of revenue. in 30 years, cbo estimates estimates that projects we will raise about $199 trillion worth revenue. during that time, we will spend $55 trillion on medicare, $32 trillion on medicaid and obamacare, totaling $156 trillion. at that on the debt, you are over the amount of revenue we will raise by about $22 trillion. you notice there is no spending on defense. there's no spending on any of the departments. clearly, this is unsustainable. of the --he question that answers the question of the ranking member: why would we propose a budget that intends to balance in 10 years? i would say the other reason we're trying to pass this budget is to promote economic growth through a pro-growth tech policy. analysis says if we can get out of the economic doldrums -- meager economic growth of 2%, we literally will add $2 trillion to our festival -- to our federal revenue. there have been a number of individuals that have talked abou

everywhere she lived, name, date of birth, social security number, addresses, credit card, student loans, security clearance applications for federal employment, car insurance, even employment history of jobs that she worked when she was in high school. that's not needed to determine whether she's worthy of getting a $5,000 credit card loan or something. now it's all netherworld of who hacked it. i can't speak for anybody myself but i think it's time at the federal level to put some teeth into this and some sort of a per account payment. again, i don't want to drive credit buyers out of business and all of that, but we could have this hearing every year from now on if we don't do something to change the current system. so i would you'd go back to your peers and work with the security chairman member and figure out something to do that gives incentive to the industry to protect ourselves. the om way i know to do it is it some find their account hacked, a company that's large number, worth $113 billion would probably rather collect data and not collect as much data than have to come up her

you can i get a new birthday or a social security number. if equifax had notified consumers within one week, did equifax have the ability to do so? mr. smith: we moved with haste, as i mentioned in my oral testimony. and my written testimony wasn't until august, that was continuing to move, we moved as quickly as possible thereafter. rep. hultgren: has there been any uptick in identity fraud or theft since the breach? mr. smith: not that i am aware of. rep. hultgren: which you expect something like that to occur? mr. smith: if consumers take services we the offer, that will give them great protection. rep. hultgren: there is a concern when the same entities are -- the chair now recognizes the gentleman from illinois. rep. foster: what i would like to talk about are things that congress could have done before this that could have prevented this. you would have needed a team that's looking every day for security breaches, which you obviously didn't have in place, so that one way to make that happen is by making a requirement that you actually

citizens or nationals go to social security administration and appeals from persons claiming to be authorized aliens go to the department of homeland security. final nonconfirmations are stayed until a resolution of the appeal and if the appeal is denied or further stayed for 30 days to provide time to seek judicial review. the initial stay may be terminated if ssa or dhs determine the appeal is frivolous or dilatory and the 30-day stay may similarly be terminated if a court makes that finding. also, up to $75,000 in compensation and up to $50,000 in reasonable attorney's fees are available from the government if a stay of nonconfirmation is denied during an administrative appeal or a court reverses a denial of an administrative appeal and the error is not the result of employee or employer error and the amendment makes available compensation for lost wages upon wrongful termination. without this amendment u.s. workers and authorized immigrants will be wrongfully fired and left without recourse. this amendment would ensure that citizens and other authorized workers do not wrongly lose their j

large portion of debt when i was was from he hill entitlement programs, especially social security, social security universal retirement program for working americans as baseline. it comes back to if we can get people into private retirement system it takes pressure off the debt. ost: former finance committee congress -- so obviously the lobbyists are all gearing up, so-called lobbyists are all gearing up to protect their here, t, just as we are protecting retirement interest of working americans and plan and so on. once the program gets, the proposal is put on the table and mark-up, there is just going to be a lot more bringing aging and to rmation to the table reform.x host: steve in illinois, hi there. hello.n illinois, on right now. my question is what happens to omeone who had early retirement, have funds they have ept were they were working and , what is going to happen? able to get work. retired at 58 because of medical problems and since then, i tried getting part-time work becausen't get anything of some glitch in the system. doing, , what i've been using resources that i had save

he figured that, between the social security benefits and earning up to the earnings limit under social security, he could just about make it. when he went to the social security office, he was told, we're sorry, these are mother's benefits and not available to fathers. when that case was presented to the supreme court, we explained that the discrimination began with the to women. when she died, her family din get the same benefits that a man family would get. so this discrimination starts a woman. then the man as parent, is disadvantaged. he hasn't got a choice to spend time with the child. he's got to work full time. then, the argument a proveiled. i said the baby have the opportunity soul providing parent if the parent is female but not if the parent is male. the idea was, this discrimination against women this putting women in in a man's world. hurts everybody. it hurts men and women. >> this work that you did was recognized by president carter. in fact, university of chicago dean jeffrey stone said you were the single most important woman lawyer in the history of the republic. you

first of all social security can't be but the authority budget law.our government could this reconciliation protection of subsequent tax reform -- medicare and medicaid is tax reform that we are trying to do. here is one of my concerns about i assume unintended consequences of this amendment if it were to be enacted. my understanding for technical reasons that frankly are pretty complicated but my understanding is if we made this change that might preclude the tax reform including refundable tax credits and refundable tax credits for this that's an expenditure. i think that requires us to use the word deficit in this context. we don't want to preclude the possibility of increasing refundable child tax credit. that it's probably an important part of the middle class working family tax relief that we want to provide. the second thing is i think it would preclude us for taking into account the fact that stronger economic growth by itself will tend to diminish certainly medicaid. if you made no changes whatsoever to medicaid available funding, allegedly t

you can't are saying datedo social security and of birth and what was the other? >> address. do you do? it is time that we put a chip in that is important r born? five-month-old at -- he might object. >> he is already born. i'm talking about your next child. >> i think we start with brother accounting of alarms that take place. at the cybersecurity industry at large there are but there ich occur are limits to what companies have to disclose. when they lose personal to say ion they have something because 47 states have an obligation that is put on the companies. whenever there is actually an actual identity theft, measurable re are arms that affect petearties thy can go unreported. we need a more transparent and when te accounting of things go wrong so that we can act authorize hould internalize the externality. progress is one we have a hard time with in cybersecurity. no way to say a system we haveecurity or steps taken what effect does it have and how does it translate economically. we don't get the economic cost of breaches. i remember when it was target home depot we were

we were part of something where they got our social security and mother's maiden names. must giveard, we consumers the chance to protect themselves before a breach happens. do you believe that consumers can take reasonable steps to secure the identity and information if they don't even know who has it? mr. smith: congresswoman, i think we can help. i think we can help by the announcement of this offering to all americans the ability to lock and unlock your credit file for life, for free. there needs to be greater awareness. i think by making this available to all americans is one step in doing that. rep. dingell: i was educating my colleagues about credit karma. they were stunned by how easy it was, with two little factoids, to suddenly unleash the amount of money they had in all of their credit card companies, with data inquiries and all of the different factors. i think most people don't understand -- experian and trans union, who are also collecting this data. why do consumers have to pay you to access their credit report? why shouldn't they do not be free? mr. smith: