Kent Conrad: “Cash is a fact. Income is an opinion.”

This Retirement Security Plan structure that we have suggested I think would go a long way toward dealing with these issues.

If we are going to make this whole system solvent, it is going to take everybody to give a little bit.

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.

We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.