On the recordOctober 28, 2009
The regular legislative process is simply not going to get it done.
Source
congress.govThe regular legislative process is simply not going to get it done.
States that traditional legislative methods won't solve fiscal challenges.
Share
More from Kent Conrad
It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
I watched as a new Senator your work as a Democrat on fiscal accountability. You, in fact, were a deficit hawk among Democrats.
We all know that Social Security is going to have to be dealt with, or we are going to face by 2034 at the latest--many of us believe it will be earlier than that---an across-the-board 23-percent cut.
If we are going to have tax-advantaged vehicles to encourage people to save for retirement, then the savings ought to be for retirement.