On the recordMay 18, 2010
U.S. Senator Kent Conrad has been dubious of rosy estimates.
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congress.govU.S. Senator Kent Conrad has been dubious of rosy estimates.
Kent Conrad questions optimistic projections regarding Puerto Rico's statehood costs.
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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.
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.
We ought to reestablish this benefit for survivors and those affected by disability.