On the recordJanuary 7, 2009
I want to thank you for that as well, because this budget really does reflect being responsible about how we get where we want to go to save dollars.
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congress.govI want to thank you for that as well, because this budget really does reflect being responsible about how we get where we want to go to save dollars.
Kent Conrad appreciates the budget's responsible approach to saving money.
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We create a basic minimum benefit that will apply to about 10 percent of Social Security.
I would just say in this whole area of lifetime income options, there is a tremendous opportunity here.
The bottom 20 percent of earners get a 35-percent increase over what is scheduled, a more than 60-percent increase over what is payable.
We all know that Social Security is going to have to be dealt with, or we are going to face by 2034 at the latest--many of us believe it will be earlier than that---an across-the-board 23-percent cut.