On the recordJanuary 27, 2010
I believe strongly, it is critically important that we run deficits and add the debt in the short term.
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congress.govI believe strongly, it is critically important that we run deficits and add the debt in the short term.
Conrad emphasizes the necessity of short-term deficits for economic recovery.
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We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.
It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
We create a basic minimum benefit that will apply to about 10 percent of Social Security.
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.