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.
Conrad discusses the decline of defined benefit plans and the unrealistic prospect of reversing this trend.
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I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.
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 takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
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