On the recordJanuary 7, 2009
You are exploding the size of health care spending on top of health care spending which already exceeds any other industrialized country in the world by about 5 percent of GDP.
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congress.govKent Conrad: “You are exploding the size of health care spending on top of health care spending which already exceeds any other…”
Editor's note · Context
Kent Conrad highlights the unsustainable growth of health care spending in the U.S.
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Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…
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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.
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This Retirement Security Plan structure that we have suggested I think would go a long way toward dealing with these issues.
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