Kent Conrad: “If we are going to have tax-advantaged vehicles to encourage people to save for retirement, then the savings ought to be…”

It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.

Millions of Americans are financially unprepared for their retirement.

I urge you to vote for the confirmation of Dave Turk. I urge you to do it quickly.

I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.