On the recordFebruary 11, 2009
It was nice to hear Senator Byrd say that this would be a good time to have some civilized discussion about procedures around here.
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congress.govIt was nice to hear Senator Byrd say that this would be a good time to have some civilized discussion about procedures around here.
Conrad appreciates Byrd's call for civil discussion on Senate procedures.
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We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.
What happens is those people, if the children are not able to care for them, they are going into institutions, but where is that being paid for? Overwhelmingly, it is being paid for out of Medicaid accounts.
What we have done is we recommend harmonizing withdrawal rules for 401(k)'s and IRAs.
If we are going to provide tax incentives for people to have retirement savings, then it should not be used as a piggy bank to pay for other things.