Kent Conrad: “The hearing will come to order. I want to welcome everyone this morning to this hearing of the Senate Budget Committee.”

I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.

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.

We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.