Kent Conrad: “In Minot, North Dakota, more than 11,000 people have been evacuated since yesterday, and we face the worst flood in…”

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…

I would just say in this whole area of lifetime income options, there is a tremendous opportunity here.

That I like to call the 'Conrad provision.'

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.