Good old ``Rosie Scenario,'' in which every year we were presented with estimates that simply overestimated revenue, underestimated expenditures. And for the purposes of meeting the requirements of the legislation, once we had passed through the budget cycle and met the projections, we had done the job. And of course the result was the deficit grew geometrically. Does that not subject us to the same danger with section 6 of this amendment?
The speaker discusses concerns about budget estimates and their impact on the deficit.
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If we are going to provide tax incentives for people to have retirement savings, then it should not be used as a piggy bank to pay for other things.
We ought to reestablish this benefit for survivors and those affected by disability.
if we are going to make this whole system solvent, it is going to take everybody to give a little bit.
I have seen retired schoolteachers have to go back to work in their 70's after their husbands have died or their wives have died.
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