On the recordJanuary 6, 2011
We have to move toward a cash-based system.
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congress.govWe have to move toward a cash-based system.
Kent Conrad advocates for a shift from income-based to cash-based taxation.
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It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
I sense there is a feeling here that we have got to get some of these things done that are hanging out there.
We tried to include some of these ideas in our Social Security reform package, to actually provide incentives in the system for people to continue to work.