On the recordFebruary 1, 2011
It would be better if we had had more fiscal space coming out of the last boom.
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congress.govIt would be better if we had had more fiscal space coming out of the last boom.
Kent Conrad emphasizes the need for fiscal space to manage economic crises effectively.
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Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.
We create a basic minimum benefit that will apply to about 10 percent of Social Security.
Social Security's financial challenge affects nearly our entire society, and the solutions will require a broad-based approach.
What we have done is we recommend harmonizing withdrawal rules for 401(k)'s and IRAs.