Wyden Warns Social Security Commission is Fast Track for Gutting Benefits

Senate Committee on Finance · August 5, 2026

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Opening remarks and thanks

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A committee member greeted the chair and thanked witnesses, saying the hearing was a strong start to the issue to be discussed.

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Committee member warned the Senate Committee on Finance that the Social Security trust fund faces insolvency within the next presidential term and urged a public, bipartisan debate on solutions rather than creating an outside commission; he cited the Social Security Actuary Office and specific figures in his opening remarks.

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