Kent Conrad: “We are hopeful that before this is over there will be 100 percent recovery.”

I thought he was an outstanding Committee Chairman, and my former intern has succeeded him in his Congressional seat.

The one thing I know for sure is that what is happening now is not working.

I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.

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.