the social security act passed in 1935, gave us unemployment insurance, social security and our welfare system known as aid to dependent children designed to help the children of parents, of mothers left to raise their children alone. the fair labor standards act passed in 1938 set that 40-hour workweek. it put the ban on child labor. other things she did, fha insurance. she was the primary booster of the civilian conservation corps, the largest single supporter of the wpa. truly this was a really remarkable woman. now, it's a little interesting and unusual that i came to write this book. i came from a staunchly republican family. i actually came from a family of roosevelt haters. but when i came to washington, d.c. in 1988 as a young business reporter, one of the first things i did as i learned my way around town was a trolley bus. and the first thing i notice was the frances perkins department of labor. as those of you who live in washington know, there's very few buildings in washington named after women. so i noticed it and filed it away and wondered who was frances perkins? i had n

-he had social security. -when my brother died, his wife received a check from social security, all right-- for $255! the funeral costs were well over $8,000. how on earth did she pay for it? fortunately, my brother bought additional life insurance -before he retired. -whew! i bet that cost a pretty penny, huh? not with colonial penn. coverage options start at just $9.95 a month. less than 35 cents a day. i have it myself. -we both do. -both of you? neither of us had to answer any health questions or take a physical exam. in fact, no one our age can be turned down. for any health reason. your rates go up every year, right? no, not at all. friends keep telling friends about guaranteed acceptance whole life insurance from colonial penn life insurance company. with this coverage, your premium never increases for any reason, and your benefit won't decrease simply because you grow older. options start at just $9.95 a month. to find out more, call now. (male announcer) call now and you'll also get this free benefic

to examine the most secure and accurate marker to track your credit whether it's your social security number or another federal identifier. and this is very important. i'm glad the ranking member raised this issue because i agree we should find the best possible identifier that's most secure and that's exactly what this study is all about because we need to make sure we keep your identity secure. by creating this one stop portal, all three credit bureaus will have to work together to protect you and make your lives better not the other way around. and i understand the issue raised about security and making sure this is not handed off to someone. that's why again as i say this private sector will develop these websites and to a point about this that was raised. if my friend actually really concerned about, and he thinks these three bureaus don't have cure websites now, we better get them here immediately and find out why he's worried about that and find out if they should be more secure. we're asking them to develop a website like they have now which i hope and i will ask the companies

, hey, you have not entered your social security number correctly when we check with the social security administration. go back and check it. getting people another option to make sure it's correct before they hit the submit button and we hope that helps people avoid a lot of these delays. >> yeah, all right. heather wants to know, why must i reopen the claim i just filed? will i need to do this each time after i certify? >> it's hard for me to know the specifics on what she may be speaking to. however, i will say that some people may not certify. you have to certify every two weeks in order to get your next benefit payment. for whatever reason, many people may not ever certify, and if they don't, their claim goes into an inactive status. so that just means it will stay there and if you ever do find yourself unemployed within your benefit year again, you can reopen that claim and start certifying again. but if you don't certify within a certain amount of time, usually a week or two, it does go into the inactive status requiring you to reopen it. >> i'm still working 40 hours but had to

to study the means and feasibility to replace social security numbers as an identifier. to that end, i would simply ask my colleagues before we put consumers at risk, let's do our work. let's see what g.a.o. reports and work together on a bipartisan solution. we need to make sure that whatever we do in the name of improving accuracy in credit reporting is not putting americans at greater risk of fraud. i urge my colleagues to support this amendment and i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman rom illinois seek recognition? >> i claim the time in opposition to the motion to recommit. the speaker pro tempore: the gentleman is recognized for five minutes. >> i appreciate my colleague from virginia. i greatly appreciate his service on the committee and his expertise in all matters of data integrity and normally i defer to you on everything. but this one's kind of silly. look, we all know you can't open a bank account, you can't buy a car, you can't get a mortgage, you can't get a credit card without giving somebody you

we are not talking about social security. i'm talking about healthcare. it is very easy to do a political ad and say they want to take away your social security. take anybody over 40 or 50 or 60. my social security mathematically cannot be my father's. it's just not possible. and we cannot be spending money that we don't have. and we can't spending our children's and grandchildren's money. we justt need to do things like this . focus on debt. focus on percentage of gdp . a bill last year, from california, democrats and it requires to start using gentoo ddp as a metric that reports on pretty the ceos. these are the conversations we need to s have. it just takes courage. >> to build on that, i think part of this isit going to be pertinent, after it is too late. so as you look at the level of debt we have and the low interest rate environment. it is in the short to medium-term, probably more long term, list of in large part because most people have projected at some point will have an inflationary. in inflation and it will rise from these historic lows. so i

the problem is that social security is not sharing that information with treasury. i have a bill to do that that i'm going to ask unanimous consent be joined with senator carper's bill and senator kennedy's bill and so at this point i would like to ask unanimous consent that the senate proceed to the immediate consideration of s. 4104, introduced earlier today. i ask further, that the bill be considered read a third timed and passed and that the motion to reconsider be considered made and laid upon the table. the presiding officer: is there objection? mr. carper: reserving the right to object. the presiding officer: the senator from delaware. the senator from delaware. mr. carper: seven years ago, the government accountability office included in their recommendations for something called the high risk list ways for us to stop wasting money by stop sending checks to dead people. they said there was a way to fix this, a way to stop this. they proposed a way to stop it. i worked with the late tom coburn to craft legislation to introduce that idea to g.a.o. it's clear t

going only for social security and not for anything else.hy is that? for years, the federal government has dipped into the social security trust fund and used it for other things. it is used for welfare payments, foreign aid, for highways. that is just not right. when one is taken out of people's check for social security, it should go for that and nothing else. host: a suggestion on twitter. this says, landlords need a program where they get direct payment to keep them in their rentals and avoid evictions and keep them in the house during the pandemic. has that been talked about? guest: there has not been any resolution at this point. there were rent payment suspensions during this time, it not paying rent because they didn't have much income. but who were they paying the rent to and a lot of times they are paying a mortgage somebody else, to the bank, and they are in the middle. they are expected to make their payment to the bank. situationry difficult , and they weren't covered by ppp, which was for small businesses. that is something as

-he had social security. -when my brother died, his wife received a check from social security, all right-- for $255! the funeral costs were well over $8,000. how on earth did she pay for it? fortunately, my brother bought additional life insurance -before he retired. -whew! i bet that cost a pretty penny, huh? not with colonial penn. coverage options start at just $9.95 a month. less than 35 cents a day. i have it myself. -we both do. -both of you? neither of us had to answer any health questions or take a physical exam. in fact, no one our age can be turned down. for any health reason. your rates go up every year, right? no, not at all. friends keep telling friends about guaranteed acceptance whole life insurance from colonial penn life insurance company. with this coverage, your premium never increases for any reason, and your benefit won't decrease simply because you grow older. options start at just $9.95 a month. to find out more, call now. (male announcer) call now and you'll also get this free benefic

first we talk about that, then the major drivers, medicare and medicaid, social security. but this is the last thing. nothing can be off the table. if republicans go in the room and say we have to cut social -- and we are not talking about revenue, that is not a good faith effort. we all have different ideas about how we are going to fix this. i will go in with all options on the table. that includes defense, revenue, because that is the only way we can responsibly had these conversations. >> congressman steil, an enormous amount of the budget goes to health care costs as jane said. the health care cost in america is going through the roof. the combination has got to be a part of a productive conversation about long term deficit reduction. >> is everybody having a little bit of an audio issue? i'm not sure i picked up the whole question. wave at me if you guys cannot hear me. i think your spot on when you are thinking about this. on the mandatory spending site in 2019, it was roughly 2.7 five trillion dollars. when you think about that breakdown, the question here from jane

-he had social security.when my brother died, his wife received a check from social security, all right-- for $255! the funeral costs were well over $8,000. how on earth did she pay for it? fortunately, my brother bought additional life insurance -before he retired. -whew! i bet that cost a pretty penny, huh? not with colonial penn. coverage options start at just $9.95 a month. less than 35 cents a day. i have it myself. -we both do. -both of you? neither of us had to answer any health questions or take a physical exam. in fact, no one our age can be turned down. for any health reason. your rates go up every year, right? no, not at all. friends keep telling friends about guaranteed acceptance whole life insurance from colonial penn life insurance company. with this coverage, your premium never increases for any reason, and your benefit won't decrease simply because you grow older. options start at just $9.95 a month. to find out more, call now. (male announcer) call now and you'll also get this free beneficia

-he had social security. -when my brother died, his wife received a check from social security, all right-- for $255! the funeral costs were well over $8,000. how on earth did she pay for it? fortunately, my brother bought additional life insurance -before he retired. -whew! i bet that cost a pretty penny, huh? not with colonial penn. coverage options start at just $9.95 a month. less than 35 cents a day. i have it myself. -we both do. -both of you? neither of us had to answer any health questions or take a physical exam. in fact, no one our age can be turned down. for any health reason. your rates go up every year, right? no, not at all. friends keep telling friends about guaranteed acceptance whole life insurance from colonial penn life insurance company. with this coverage, your premium never increases for any reason, and your benefit won't decrease simply because you grow older. options start at just $9.95 a month. to find out more, call now. (male announcer) call now and you'll also get this free benefic

social security reserves can become depleted in 15 years.ew study shows social security will be able to pay scheduled retirement and survivor benefits on a timely basis until 2034. then reserves will become depleted and continuing tax income will only be able to pay 76% of scheduled benefits. the experts say in planning for retirement, don't plan on social security being your biggest income and advisers say it should only be about 40%. >>> wells fargo, no longer making car loans to most independent car dealerships over concerns about defaults, because of the pandemic. wells fargo sent letters to hundreds of independent car dealerships that typically sell used cars, telling them the banks worse, were suspending because of the uncertainty presented by covid-19. was fargo says it will continue doing business with independent dealers that already have a long-standing relationship with the bank. >>> and reports indicate airline is thinning the workforce to ensure survival of the pandemic. internal documents show buyouts or temporary paid leave to

we have to talk about the major drivers, medicaid, medicare, social security but nothing can be off the table. of republicans say we got to and we are not talking about revenue that is not a good faith effort. we have different ideas how to fix this. i will go in with all options on the table and that includes defense, revenue, that the only way to responsibly have these conversations. >> your thoughts, if you look at a pie chart of the federal budget, an enormous amount of it goes to healthcare costs, the healthcare costs of america are through the roof so the combinations certainly has got to be a part of a productive conversation about deficit reduction. >> is everybody having a bandwidth issue or maybe it is just me on this issue but i think i picked up the whole question so wave at me if you can't hear me. but i think you are spot on. on the mandatory spending side, and that breakdown from jane is focused on the cost of healthcare, $775 billion medicaid, that is picking up the federal side of the letter, a large state component being spent on those two mandatory pieces. many of the

-he had social security. -when my brother died, his wife received a check from social security, all right-- for $255! the funeral costs were well over $8,000. how on earth did she pay for it? fortunately, my brother bought additional life insurance -before he retired. -whew! i bet that cost a pretty penny, huh? not with colonial penn. coverage options start at just $9.95 a month. less than 35 cents a day. i have it myself. -we both do. -both of you? neither of us had to answer any health questions or take a physical exam. in fact, no one our age can be turned down. for any health reason. your rates go up every year, right? no, not at all. friends keep telling friends about guaranteed acceptance whole life insurance from colonial penn life insurance company. with this coverage, your premium never increases for any reason, and your benefit won't decrease simply because you grow older. options start at just $9.95 a month. to find out more, call now. (male announcer) call now and you'll also get this free benefic

and medicare and social security are run out of washington. it's a bit one side size fits all. you are eligible, you get this much out. it's call the social insurance. unemployment was done new jersey is three times that, ohio is in the middle. not just what the payment has been. it's been ratcheted down over a number of years. the number of weeks you can get on unemployment. and workers don't get unemployment, in most states. part time workers, self-employed workers don't get it. when we did $600 a week, we included all of them. if you are in the state of ohio, you will get that plus 600. you will get that and 600 is -- it comes to out to -- it's $15 hour, essentially. it's not nothing. so we need to start thinking that way. what do we do, up end the evolution of the benefits and we're doing with it unemployment. i don't know that we will ever get 600 permanent but i think we might get the broadening of eligibility, and in ohio right now, prior to the pandemic, only 25% of people who are unemployed were getting unemployment insurance. that is

-he had social security. -when my brother died, his wife received a check from social security, all right-- for $255! the funeral costs were well over $8,000. how on earth did she pay for it? fortunately, my brother bought additional life insurance -before he retired. -whew! i bet that cost a pretty penny, huh? not with colonial penn. coverage options start at just $9.95 a month. less than 35 cents a day. i have it myself. we both do. -both of you? -that's right. neither of us had to answer any health questions or take a physical exam. in fact, no one our age can be turned down. for any health reason. -no one? -no one? nope. hm. is this a plan that offers a lot of protection at first, and then reduces it little by little each year? no! i've had this coverage for years. my benefit never decreases as i get older. your rates go up every year, right? no, not at all. friends keep telling friends about guaranteed acceptance whole life insurance from colonial penn life insurance company. with this coverage, your pre

and when you think of a regular check, you only think of your social security.y if you've made a good living, that's not going to be enough for you. so you're saying that there's a lot more to annuities though than just getting that monthly cheque? - correct. so first off in retirement you wanted to find what part of your money and what is the purpose that money. is the purpose of that money is to grow it by 12% a year by second home? or is the purpose of that money is to live off of it. that's number one. number two, you got to decide for yourself, do you want that money to be maybe income down the road or do you want that money to be permanent income, whatever we call guaranteed income. so that's the difference between savings versus investments. investments can go up and go down. you could be right, but you can also be wrong. susan, there's four different types of annuities. there's good ones, there's not so good ones and it's important to understand the different types and we'll go into depth and then what are the baby boomers or retirees doing today? what i

to medicaid, and ten billion cuts to social security. he said he would cancel a tax bill, but the bill he supported and was passed provided 83% of the tax benefits to the top 1% of americans on a one-year period. let the budget be proposed, it calls for devastating threats to childcare, nutrition, pregnant mothers and, babies affordable housing, education, and assistance for the elderly and disabled. the trump administration and the omb in particular seem to have learned nothing from the public health crisis that we're currently in. at a time when up to 43 million americans are in danger of losing their employer provided health insurance the trump administration is still proposing medicaid, and still wants to repeal the affordable care act. at a time when 43 million americans have lost their jobs and are struggling economically, the trump administration doesn't want to renew the 600 dollars a week unemployment benefit that would expire in july. at a time when americans are struggling with hunger, the trump administration is still calling

and with regard to social security, something that the congress has neglected for over 37 years, and hasn't had an expansion in 55 years. but if we argue, as i was taught in the private sector, that there's three legs on the stool, shouldn't we be seeking to prop up all three legs and make sure we're providing the most basic requirements to those left behind. including the 5 million people currently on social distance who received below minimum income checks for their efforts that they paid into throughout a lifetime. >> my first question is, i would like to ask mr. -- according to the center for budget and priorities, connecticut residents were missing on their economic impact payment if they don't fill out a form with the irs. these constituents are most likely to be the lowest income earners. can you expand or expound on the programs there are high efficiency rates, tic -- and of course, social security. >> absolutely, this is a crucial point you bring up, representative larson. we can write policy in congress and not have it have the intended effect when we don't think hard about

need the most is there a lot of public waste because if you spend 14 percent of your budget on social security there should be an impact right of course and that's that's why again you have a lot of of probably of misuse the resources if i may say so we need to restructure this we need to look at this program and probably try to consolidate it based on the fact that we're looking at a good database of those who are in need keep that database live in the sense that it is updated continuously but most importantly it's not a question of just assisting people it's a question of trying as much as possible to move these people away from poverty so this is where the other supporting programs that would help people get out of poverty come into play creating jobs opening up opportunity giving michael credits working or druid environment to create to revamp the agriculture sector so all of these elements that would come into a social. a strategy that would help actually focus more and more on those who need a fiscal space for the government instead of being somehow abused in a sense to be put in those p

from claiming many social security payments when any of the prime minister appeared unaware of its existence when questioned by m.p.'s in front of the liaison committee isn't that wrong but are working laurie doing amery do you think or what are the current arrangements into destitution. stephen why don't they want me eligible for universal credit too or. any of the other it's really quickly compering have no recourse to public form perhaps a condition attached to their leave to remain. well the committee also raised other issues with the system including tens of thousands of claimants who lost out on a 20 pound a week rise in universal credit due to the existing cap on benefits but 20 pound increase was not offered to hundreds of thousands of claimants on legacy benefits such as jobseeker's allowance ministers claimed operational difficulties are to blame while self employed tax credit claimants were wrong advised to apply for universal credit and as a result we're worse off i was his spokesperson said that the government supports those who are unable to access many parts of the benefits sy

too much for congress over the last 100 years has passed three major social insurance programs social security medicare and unemployment insurance medicare and social security are run out of washington it is one-size-fits-all you pay in a certain amount you are eligible and get this much out. unemployment on the other hand was turned over to the state so alabama minimum payment is $250 a week new jersey is three times and ohio is in the middle not just the payment has been ratcheted down but the number of weeks you can get unemployment has been shrunk and the eligibility is narrowed. gig workers don't get unemployment part-time workers, self-employed salon owners don't get it with a $600 a week we include all of them. if you have regular unemployment you get that plus the 600 in one of the other categories you will get just the 600 but that comes out , $15 an hour essentially it isn't nothing and more generous than i believe government has ever been. we need to start thinking that way what we need to do to upend the devolution of these benefits and we do this with unemployment i don't know if

generations of african-americans who made up 85% of the workforce, did not even qualify for social security you look at that example and current, we to the have a lot of examples where the structural damage from public policy has impacted our ability as a community to advance. there is not a single money manager participating with the fortune 50 companies or the federal reserve. we have to change the way we approach this question. johnson, naacp president and ceo. this is bloomberg. ♪ w?w?uhió'ñó mark: i'm mark crumpton with bloomberg first word news. a grim outlook from the world health organization. the who chief said today "the worst is yet to come because of a lack of global solidarity. " he noted that tomorrow marks six months and the who has known about the virus. he says countries should not wait for a vaccine to deal with it. in florida, the pandemic is picking up steam. the rate of people testing positive for the first time climbed to 13.7%. the miami beach mayor tells bloomberg florida needs more than it is getting from the federal government. >> the messaging from washington has

when i originally registered in indiana, i had to show my social security number. how are we ever going to make sure this is fair when citizens vote on the president. host: we will take your point. tom ridge? guest: part of the conversation i regret i couldn't make out. could you make it a simple question. host: he was mostly concerned about talking about the voting rules that some localities have that allow noncitizens to vote in local elections, not federal, whether that becomes something of a slippery slope and whether noncitizens, we can find out whether they tried to vote in federal elections. in the latter part was more concerned about the idea of mail-in voting and not having to present an id to prove who you are and that you are a citizen and the security of mail-in voting by not being able to present that. guest: local officials have a registrar and some do purge the lists on a fairly regular basis. others, sometimes there is a longer delay. i know there is some concern and controversy about stale voter registration lists. i would say to the gentleman that

and to have the most basic of requirements including the 5 million people currently of social security who received the below minimum income checks. according for the center for budget priorities 108,000 connecticut residents missing out on the impact payment if they don't fill out the form with the irs. these constituents are most likely to be the lowest income owners expand on this programs that already have participation and efficiency rates like the e-itc and social security. >>. >> this is a crucial point. we can write policy in congress and not have the intended effect of what people's lives are really like and those that can benefit from these programs. so the recovery rebates right now will miss 12 million he would be eligible but we could have done more to take advantage like the snap program or the wic program. and to help us reach a lot of those households who desperately need those resources. nobody wants a program to be inefficient and slow to respond. but we need to think hard to these programs reach in the e-itc for those with qualified children has extraordinary partici

finally, i want to draw your attention to the social security act. passed in 1935. which provided income security for many americans. the social security act provided insurance for people, who might be prevented from working, either because they have become disabled, or they get old. it's the social security act. it provides insurance for people, income security for people who cannot work. either through disability, or because of old age. (technical problem) as i mentioned it appeared to be a safe business. americans showed himself to be willing to pay off it that's. the federal government got into the business of underwriting and offering consumer loans. and most importantly, throw the federal housing administration, they issued loans for the construction of new houses, and for the renovation of old ones. in between 1934 when the fha is established in 1960, it financed more than 10 million homes in america. and it's still an operation to this day. the hln all long corporation provided loans to people who could not pay off their existing mortgages. provided loans in

we lost two generations of workers, african-americans, not even qualified for social security.u look at that one example and wrap that up to current, we where itt of examples as ated our ability community to advance. romaine: we were listening to the and aa cp president and ceo derrick johnson speaking to vonnie quinn. using ai to track and anticipate the spread. digital health startup bluedot was among the first to detect the virus. i want to welcome in kamran khan , blue dot founder and ceo. thank you for being here. ,our company, your technology came to a lot of folks public awareness late last year when it was used to detect an outbreak of what was then called aeumonia cases in neighborhood in china. useds the technology being to track the progress we are either making or not making? >> you are right, the platform , locally and globally. more recently, we have been focusing on mitigating risks of local transmission within communities. a lot of this has to do with the fact that, as we have learned, this is a virus that spreads from person to person and population movements a

>> i support medicare and social security. of what you are hearing is from more than 10 years ago, taken wildly out of context, whereas my opponent, in the last two years, has voted against money for hospitals, against money for coronavirus testing, and against billions of dollars to keep people employed. her record, she wants to criticize mike past, her record is what she is afraid of running on. >> let me move on to ms. khan, who is running the book on what this was discussed. what is your sense of where we should go at the federal level? what would you do to advance it? >> right now, with universal health care, i support joe biden's public option right now, and i think people should keep their options. we need to get that done quickly. there are people who don't have health insurance. i do agree that medicare for all, but we need a solution now, and i know what is passed by senator sanders dating go through the community. what do we do now to help people get health care? health care is a crisis. family, friends, anyone you