On the recordDecember 16, 2009
I think if any structure that is put in place that does not assure an up or down vote on the recommendations is highly unlikely to succeed.
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congress.govI think if any structure that is put in place that does not assure an up or down vote on the recommendations is highly unlikely to succeed.
Conrad stresses the importance of guaranteed voting on commission recommendations.
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What we have done is we recommend harmonizing withdrawal rules for 401(k)'s and IRAs.
Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.
I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.