Jacob J. Lew: “I think that if we want to use the kinds of common-sense language that people understand, we should just do that.”

I totally agree, and I was trying to indicate in my response earlier that the risk is being borne by taxpayers on an ongoing basis and the conservatorship is not over.

I mean, it is really an outrage when I look at these numbers, and I would like to know what the administration would propose to address this incredibly serious issue and really broken promises for folks who have worked hard all of their…

I have always thought that the sooner we could have a bipartisan conversation on dealing with Social Security, the better.

I believe it is a crisis. I believe there is a need for action immediately on restructuring authority and on oversight.