Kent Conrad: “That is not a realistic world.”

We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.

The one thing I know for sure is that what is happening now is not working.

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.

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