Kent Conrad: “Please don't be drawing lines in the sand.”

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

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…

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

Millions of Americans are financially unprepared for their retirement.