Kent Conrad: “Spending is the highest it has been as a share of our gross domestic product in 60 years.”

The consequence of failure has to be made clear.

It was incredibly important that we not only made Social Security solvent, but we lifted the bottom 20 percent dramatically.

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

Fully 64 percent of the American people said they were worried about not having enough money for retirement.