On the recordJanuary 27, 2010
My calculus tells me that me that this year we will hit gross debt to GDP of just over 90 percent.
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congress.govMy calculus tells me that me that this year we will hit gross debt to GDP of just over 90 percent.
Conrad discusses the rising debt-to-GDP ratio and its implications for economic growth.
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I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.
We tried to include some of these ideas in our Social Security reform package, to actually provide incentives in the system for people to continue to work.
I would just say in this whole area of lifetime income options, there is a tremendous opportunity here.
We create a basic minimum benefit that will apply to about 10 percent of Social Security.