On the recordJanuary 7, 2009
62 percent of the outlays is after 2 years.
Source
congress.gov62 percent of the outlays is after 2 years.
Conrad critiques the timing of economic recovery bill spending.
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Overwhelmingly, they say this is their biggest concern--their retirement security, and, overwhelmingly, they want us to act.
We also increase the payroll tax very modestly, from the current combined rate of 12.4 percent to 13.4 percent over 10 years.