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Greenspan to Testify on Social Security to New Senate Aging Committee

Sen. Gordon Smith is confirmed as committee chairman for 109th Congress

Jan. 6, 2005 – Federal Reserve Board Chairman Alan Greenspan will testify on Social Security at a meeting of the U.S. Senate Select Committee on Aging on March 7, according to an announcement by Sen. Gordon Smith, R-Ore., who was elected committee chairman yesterday.

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Oregon’s Smith to Chair Senate Aging Committee

Four new members added to committee

Dec. 21, 2004 – Sen. Gordon Smith, Oregon Republican, was named today to chair the Senate Special Committee on Aging in the next Congress. The appointment, which must be confirmed by the Republican caucus, was made by Senate Majority Leader Bill Frist, who also named the other members of the committee. More... 12/21/04*

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Aging Committee Gets New Democrat Leader, Kolh, and Members Clinton and Nelson

Dec. 7, 2004 – The U.S. Special Committee on Aging is certain to have a new look in the next Congress as Democrat Senate Leader Harry Reid, Nevada, is appointing a new ranking member for the Democrats, Sen. Herb Kohl, Wisconsin, and adding new members Sen. Hillary Clinton, New York, and Sen. Bill Nelson, Florida. More... 12/07/04*

 

Smith was a member of the committee in the 108th Congress and was appointed chairman by Senate Republican leader Sen. Bill Frist for this Congress. He was confirmed Wednesday by the Senate Republican Conference.
“With the start of the 109th Congress many challenges face our country’s seniors and I will work to ensure that these issues are thoroughly debated and bipartisan solutions are developed,” Smith was quoted as saying (Bend.com). “This Committee enjoys a long and distinguished history and I consider it an honor and privilege to serve as chairman.”

Smith plans to pursue an aggressive agenda focused on protecting seniors against fraud and abuse, conducting oversight of federal programs and agencies, and offering a forum to debate issues and develop solutions for pressing issues, according to the story in Bend.com.

“This committee has an extraordinary opportunity to impact many of the key challenges facing our country, including strengthening Social Security, implementation of the Medicare Modernization Act, solvency of private pension plans, and the future of Medicaid,” said Smith. “I look forward to working with my colleagues to fulfill these responsibilities and explore many others.”

Bend.com reported that since the enactment of Medicare in 1965, the Aging Committee has continually reviewed Medicare's performance as well as pension coverage and employment opportunities for older Americans. It conducts oversight of major programs like Social Security and the Older Americans Act. Additionally, it has crusaded against fraud targeting the elderly and federal programs on which the elderly depend.

Since coming to the Senate, Smith has been at the forefront of issues affecting seniors, including providing a prescription drug benefit, protecting Medicaid, and strengthening pensions, reported Bend.com. In the past, Smith has worked to provide prescription drug coverage under Medicare and to allow the safe importation of prescription drugs.

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