Based on this report, the choice is either for pensioners to lose over 100-billion in promised retirement benefits or for taxpayers to get slapped with a 100-billion bill for failed private pension plans. Neither is acceptable.
More Quotes from Jim Nussle:
The budget is tight, and that is exactly where we want it to be and where we need it to be.Jim Nussle
This is huge when it comes to our ability to come together with an almost three-month jump we'll have on Democrats.
Jim Nussle
I am pleased with the direction we are moving in.
Jim Nussle
Yes, this is political suicide, I suppose, but we have to start asking the question for the next opportunity when we have to fund disaster assistance.
Jim Nussle
Hope, yes, but it's probably not realistic, ... It would be very difficult, based on the way things have transpired this year so far.
Jim Nussle
Readers Who Like This Quotation Also Like:
Based on Topics: Planning QuotesBased on Keywords: pensioners, slapped
While prices of goods continue to rise, American worker's wages remain stagnant.
Ed Pastor
Gossip is what you say about the objects of flattery when they aren't present.
P. J. ORourke
Let's put it this way: if you are a novelist, I think you start out with a 20 word idea, and you work at it and you wind up with a 200,000 word novel. We, picture-book people, or at least I, start out with 200,000 words and I reduce it to 20.
Eric Carle