I ask unanimous consent that the Committee on Commerce, Science, and Transportation be authorized to meet during the session of the Senate on May 16, 2012, at 2:30 p.m. in room SR 253 of the Russell Senate Office Building. The Committee will hold a hearing entitled, ``Oversight of the Federal Communications Commission.'' The PRESIDING OFFICER. Without objection, it is so ordered. Committee on Foreign Relations
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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.
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.
We ought to reestablish this benefit for survivors and those affected by disability.
What we have done is we recommend harmonizing withdrawal rules for 401(k)'s and IRAs.
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