Senator Crapo in Yellen: where is the report of the social security administrators?
What would you like to know
- The Treasury should have released the report by April 1.
- Crapo told Yellen to provide Congress and the American people with an expected delivery date.
- Congress will consider additional legislation affecting compulsory programs during the remainder of this year.
Sen. Mike Crapo, R-Idaho, a senior member of the Senate Finance Committee, urged Treasury Secretary Janet Yellen on Friday to explain the “inordinate delay” in releasing reports from security administrators Social Security and Medicare, which should have been released on April 1.
“It is now early August and Treasury officials have yet to contact my staff regarding the expected release date of the reports,” Crapo told Yellen. in his letter. “This lack of transparency and accountability regarding important federal programs like Social Security and Medicare to jurisdictional committee inquiries is cause for concern.”
According to a July 2019 report from the Government Accountability Office, 2008 was the last year in which the statutory deadline for publishing reports was met, Crapo said.
“The 2020 report was 21 days late, missing the deadline by fewer days than the average for the past decade, but still late. The 2021 report has yet to be released and is 126 days overdue, ”Crapo told Yellen.