Kent Conrad: “No, we are not. We have people looking at that amendment. Could we go to Senator Domenici's amendment?”

the new improvised system was not adequate.

The consequence of failure has to be made clear.

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…

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