If that is happening, I think that is private sector.
Pete Domenici: “If that is happening, I think that is private sector.”
Editor's note · Context
Domenici expresses concern over declining employer-provided benefits.
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But that is compared to current policy--current policy. If we would compare your plan to current law, it is actually a tax cut.
Well, I would just say that, sometimes when we are working on trying to solve this fiscal problem, the recognition that a long-term fix is what is needed puts many people in the position that they do not know how you do that and do it now.
It has fallen to me since I left the Senate, for almost half of the time that I have been gone, that I have devoted time and energy to trying to come up with ways and means to help this great Nation get out of the terrible dilemma that we…
That did not reduce any beneficiaries' benefits, it just cut the amounts that providers were otherwise getting.