On the recordDecember 16, 2009
The Federal Government is the worst credit card abuser in the world and we are putting everything on the tab of our children and grandchildren.
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congress.govThe Federal Government is the worst credit card abuser in the world and we are putting everything on the tab of our children and grandchildren.
Kent Conrad highlights the government's irresponsible debt management impacting future generations.
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We also increase the payroll tax very modestly, from the current combined rate of 12.4 percent to 13.4 percent over 10 years.
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.
It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
Fully 64 percent of the American people said they were worried about not having enough money for retirement.