What I have done is offered a deficit-neutral reserve fund that gives the committees the greatest latitude to actually fund it. Mr. President, 920, which is his offset, is oversubscribed, and if we go to conference with it, we will be dropped like a hot rock.
Discussing a deficit-neutral reserve fund during Senate floor debate.
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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.
It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
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