Kent Conrad: “I intend to be supportive of Senator Merkley on this issue.”

We tried to include some of these ideas in our Social Security reform package, to actually provide incentives in the system for people to continue to work.

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.

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…

That I like to call the 'Conrad provision.'