Social Security Commissioner Predicts Program Will Last ‘For Another 90 Years’

BREAKING NEWS

The Hill

 

Frank Bisignano, the commissioner of the Social Security Administration (SSA), said Monday the program will last another 90 years.

“This is a long journey. It’s 90 years old. It’ll be around for another 90 years,” Bisignano said on CNBC’s “Squawk Box.”

The SSA will release its annual cost-of-living adjustment (COLA) on Wednesday, after the Bureau of Labor Statistics (BLS) reports data for September inflation, as measured by the consumer price index (CPI).

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