I have been looking forward for a long time to this opportunity because the Senator from Pennsylvania makes a lot of aggressive assertions. Unfortunately, he is aggressively wrong, wrong, wrong. Let's start with the question of when the deficit starts. The Senator from Pennsylvania says it started in the Clinton administration.
Debating claims about the origins of the federal deficit.
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It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
What is realistic is to deal with these changes in a way that does expand access, that does expand the opportunity for people to participate in a retirement plan at work.
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.
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