On the recordNovember 30, 2011
that is a loophole so big you could drive a Mack truck through it.
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congress.govthat is a loophole so big you could drive a Mack truck through it.
Senator Conrad criticizes a significant loophole in financial regulations.
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It is really very important. You know, what so make stakeholders told us is you have got to broaden this thing out.
It was incredibly important that we not only made Social Security solvent, but we lifted the bottom 20 percent dramatically.
You know, we did have discussions. One of the things on this commission, because of its makeup and the diversity of views on this commission, and the extraordinary difficulty of coming together on Social Security, which we thought was the…