Kent Conrad: “I have rarely seen a witness who is better prepared or does a better job of defending his position than you do, and I…”

Well, you got a terrific one with her.

We also increase the payroll tax very modestly, from the current combined rate of 12.4 percent to 13.4 percent over 10 years.

The consequence of failure has to be made clear.

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.