CBO's new estimates show the deficit in 2009 will be $1.2 trillion.
Editor's note · Context
Kent Conrad highlights alarming deficit projections from the Congressional Budget Office.
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You know, we did have discussions. One of the things on this commission, because of its makeup and the diversity of views on this commission, and the extraordinary difficulty of coming together on Social Security, which we thought was the…
What we have done is we recommend harmonizing withdrawal rules for 401(k)'s and IRAs.
If we are going to have tax-advantaged vehicles to encourage people to save for retirement, then the savings ought to be for retirement.
We very much see it as a package. That is the way it was negotiated, and this was a difficult negotiation to get 18 of the 19 to agree representing all points on the political spectrum.





