I want to welcome everyone today to the hearing of the Senate Budget Committee.
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Kent Conrad opens the Senate Budget Committee hearing.
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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…
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.
Overwhelmingly, they say this is their biggest concern--their retirement security, and, overwhelmingly, they want us to act.
Forty-six percent of the American people would have a hard time coming up with $400 for an emergency car repair.





