On the recordJanuary 6, 2011
I believe that we are already in the early stages of a fiscal train wreck.
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congress.govI believe that we are already in the early stages of a fiscal train wreck.
Conrad warns about the serious fiscal issues facing the country.
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You know, we met with a Congressman on the Ways and Means Committee this morning, and we were on a subject related to this. You really see it with our elderly people who do not have options or options are closing in on them.
I have seen retired schoolteachers have to go back to work in their 70's after their husbands have died or their wives have died.
We all know that Social Security is going to have to be dealt with, or we are going to face by 2034 at the latest--many of us believe it will be earlier than that---an across-the-board 23-percent cut.