On the recordJanuary 6, 2011
I personally believe the Federal response did avert what could have been a financial collapse.
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congress.govI personally believe the Federal response did avert what could have been a financial collapse.
Kent Conrad asserts that federal actions prevented a potential financial disaster.
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It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
The bottom 20 percent of earners get a 35-percent increase over what is scheduled, a more than 60-percent increase over what is payable.
I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.