On the recordNovember 17, 2009
Taxpayers were the ultimate funder of the liability. That, we cannot permit to happen again.
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congress.govTaxpayers were the ultimate funder of the liability. That, we cannot permit to happen again.
Conrad emphasizes the need to prevent taxpayer-funded bailouts in future financial crises.
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It lifts the bottom. It asks those of us at the top to take a little less of an increase than we might have expected.
I am eager to hear from our panelists to get a better sense of all the options they considered and how they reached consensus on the final report.
I would just say our Retirement Security Plans and our Retirement Security Clearinghouses are responding to the underlying dynamic that Professor Mead has done such a good job in describing.