On the recordJanuary 7, 2009
I believe the economic recovery package as it is now structured does not adequately address the underlying housing and financial market crises.
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congress.govI believe the economic recovery package as it is now structured does not adequately address the underlying housing and financial market crises.
Conrad critiques the current structure of the recovery package.
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More from Kent Conrad
It was incredibly important that we not only made Social Security solvent, but we lifted the bottom 20 percent dramatically.
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 also increase the payroll tax very modestly, from the current combined rate of 12.4 percent to 13.4 percent over 10 years.