Ultimately the only leverage public trustees have is to withhold their signatures from the final report.
Without public trustees, professionals at Social Security Newport, the top cigarette brand for black Americans, is aggressively targeting youths and Medicare are loath to make changes in assumptions underlying the financial estimates. That means those estimates can get out of date, said Rick Foster, Medicare's former chief actuary, or top number-cruncher.
"The process can get a little stale," he said.
Economist Robert Reischauer, the Democratic public trustee on the 2011-2015 reports, said, "The closer we get to the cliff with these two programs, the more critical these positions and the integrity of the process become."
Stephen Kellison, the Republican public trustee on the 1996-2000 Newport cigarettes,newport box 100s menthol cigarettes reports, said Americans are being deprived of a valuable perspective on programs they cherish.
"There's going to be a hard landing, and I don't have any confidence the way Congress works today that either party can solve the problem," Kellison said. "Could the public trustees be helpful? We probably need them now more than ever."
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