Pres. Reagan it is great to be here, thank you. Please. A couple of weeks ago i talked about the state of our union into tonight i would like to talk about something i think in many ways is synonymous, the state of our movement. During the past year, plenty of questions have been asked about the conservative movement by some people who were surprised to find out that can 1980 there was such a thing. A powerful, new Political Movement capable of running a victorious National Campaign based on an unabashed appeal to the American People for conservative ideals and principles. We conservatives have been in washington for a while and we occasionally need to remind ourselves what brought us here in the first place. Our unshakable, root deep, allencompassing skepticism about the Capital Cities answer to the ufo, that ever flickering saucer in the sky called the prevailing washington wisdom. Right now, some of the potomac seers say we conservatives are tired, or that we dont have a candidate t
Pres. Reagan thank you. Thank you all, thank you very much. Thank you. [cheering and applause] pres. Reagan it is great to be here, thank you. Please. A couple of weeks ago i talked about the state of our union and tonight i would like to talk about something i think in many ways is synonymous, the state of our movement. During the past year, plenty of questions have been asked about the conservative movement by some people who were surprised to find out that can 1980 there was such a thing. A powerful, new Political Movement capable of running a victorious National Campaign based on an unabashed appeal to the American People for conservative ideals and principles. We conservatives have been in washington for a while and we occasionally need to remind ourselves what brought us here in the first place. Our unshakable, root deep, allencompassing skepticism about the Capital Cities answer to the ufo, that ever flickering saucer in the sky called the prevailing washington wisdom. Right now
Here is how. Library. The video type in the name of this acre, the sponsor of the bill or view the list of search results. If youre looking for our most current programs our homepage has many current programs ready for your immediate viewing. Servicerg is a public of your cable or satellite provider. Check it out and cspan. Org. Now a discussion on the impact of the welfare law signed into law in august of 1996 by president bill clinton. The Heritage Foundation event is one hour 20 minutes. Welcome to the Heritage Foundation. I would like to remind our internet viewers you are welcome to send questions and comments at any time. You can email the speaker. Check our cell phones and other mobile devices. They have been silenced as a courtesy to our presenters. We are pleased to go host this program with our friends at the American Enterprise institute and thank them for their special participation in this 20 Year Anniversary discussion. Hosting our guests is jennifer marshall, Vice Presid
So personal savings can only go so far for these individuals. At the same time though Social Security treat single women far less well than it does married women so they are not getting much help from that end of things either. Thats one reason i and others have proposed reforming Social Security to provide a flat universal benefit for all retirees regardless of income participation. On top of that individual would save in accounts provided through their employer or of not available through the government. This approach is qualitatively similar to that of the u. K. Australia canada and new zealand. In the u. S. Context you can affordably reduce the elderly poverty rate from todays level of roughly 9 to approximately 0 while increasing the Retirement Savings among the middle and high highincome workers who truly should be saving more. The lesson in all this is that there is no simple problem and no simple solution but a small if more complex problem is better in the retirement crisi cri
At seven pm eastern. Coming up, the Senate Finance Committee Hears testimony. Tax and retirement policy analysts speak about the gap between how much americans are saving and savings needed. This runs two hours. The finance committee will come to order. When you take a look at the state of Retirement Savings in america, america, it is clear that something is out of whack. The american taxpayer delivers 140 140 billion each year to subsidize retirement accounts, but still millions of americans nearing retirement have little or nothing saved. The fact is, the, the incentives for saving and the american tax code just are not getting to those in need them most. A pair of new studies spells out the issue. The Federal Reserve found last month that an employee with middle of the tax savings has about 59,000 set aside for retirement, yet according to the Government Accountability office some 9,000 taxpayers have ira accounts worth more than 5 million. It would take several lifetimes of work fo