Kent Conrad: “I just want to say very briefly how delighted we are to have Chairman Hall here, how delighted we are that his health is…”

If you are really going to relieve me of the administrative burden, if you are going to really relieve me of the liability, if you are going to really relieve me of the cost other than the payroll transfer.

I am eager to hear from our panelists to get a better sense of all the options they considered and how they reached consensus on the final report.

The consequence of failure has to be made clear.

It lifts the bottom. It asks those of us at the top to take a little less of an increase than we might have expected.