On the recordJanuary 7, 2009
President Obama is walking into a fiscal disaster of stunning proportion.
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congress.govPresident Obama is walking into a fiscal disaster of stunning proportion.
Conrad warns of the severe fiscal challenges Obama will face.
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More from Kent Conrad
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.
I urge you to vote for the confirmation of Dave Turk. I urge you to do it quickly.
I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.
I thought he was an outstanding Committee Chairman, and my former intern has succeeded him in his Congressional seat.