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.
July 16, 2008
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