Kent Conrad: “We have a town that is about to be flooded on the west end of the lake, the little town of Minnewaukan.”

It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.

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.

If you had to reduce it to a word, I would reduce it to 'globalization.'

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