On the recordJanuary 7, 2009
The debt of the United States doubled over the last 8 years. It is set to, I believe, double again in the next 8 unless we change our long-term policy.
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congress.govThe debt of the United States doubled over the last 8 years. It is set to, I believe, double again in the next 8 unless we change our long-term policy.
Kent Conrad warns about the unsustainable growth of U.S. debt without policy changes.
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I would just say our Retirement Security Plans and our Retirement Security Clearinghouses are responding to the underlying dynamic that Professor Mead has done such a good job in describing.
What we have done is we recommend harmonizing withdrawal rules for 401(k)'s and IRAs.
Fully 64 percent of the American people said they were worried about not having enough money for retirement.