$1.4 trillion. That should sober us all.
On the recordOctober 28, 2009
Source
congress.govEditor's note · Context
Highlights the seriousness of the national deficit.
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More from Kent Conrad
Sep 6, 2016
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.
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You know, we met with a Congressman on the Ways and Means Committee this morning, and we were on a subject related to this. You really see it with our elderly people who do not have options or options are closing in on them.
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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.





