On the recordJanuary 7, 2009
I am a strong advocate of PAYGO, but to me this is way beyond what PAYGO can do.
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congress.govI am a strong advocate of PAYGO, but to me this is way beyond what PAYGO can do.
Conrad emphasizes the limitations of PAYGO in addressing fiscal issues.
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It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
We had literally hundreds of people and groups come before this commission. We listened intently for all sides on how we could fix these challenges.
Fully 64 percent of the American people said they were worried about not having enough money for retirement.
If we are going to provide tax incentives for people to have retirement savings, then it should not be used as a piggy bank to pay for other things.