Kent Conrad: “I believe it fundamentally puts at risk the economic security of the country.”

I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.

I would just say in this whole area of lifetime income options, there is a tremendous opportunity here.

Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…

The one thing I know for sure is that what is happening now is not working.