Kent Conrad: “I want to welcome everyone to the Senate Budget Committee today.”

If we are going to make this whole system solvent, it is going to take everybody to give a little bit.

There is going to be a 23-percent cut across the board by 2034.

We ought to reestablish this benefit for survivors and those affected by disability.

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…