We are hopeful that before this is over there will be 100 percent recovery.
Editor's note · Context
Expressing hope for full recovery of customer funds.
Share
More from Kent Conrad
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.
I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.
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…
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.





