On the recordJanuary 6, 2011
We are now in a situation where by putting $2 billion into advanced battery innovation and manufacturing--$2 billion in this country--we have unleashed billions of dollars.
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congress.govWe are now in a situation where by putting $2 billion into advanced battery innovation and manufacturing--$2 billion in this country--we have unleashed billions of dollars.
Kent Conrad discusses the impact of investing in battery innovation.
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We also increase the payroll tax very modestly, from the current combined rate of 12.4 percent to 13.4 percent over 10 years.
What we have done is we recommend harmonizing withdrawal rules for 401(k)'s and IRAs.
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.
People are smart, and if you just share with them the basic information, a lot of people will make a good decision.