Sen. Smith says these are ‘tough times for American families’
At a hearing on saving for retirement, Senator Gordon Smith (R-Ore.) says that these are tough times for American families. Smith says that with gas and food prices at a record high, it is difficult for families to pay for essentials. Smith attributes this to the reasons behind Americans making more hardship withdrawals from their 401(k) retirement funds.
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July 16, 2008
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