Kent Conrad: “Yes, not only the incoming administration, the whole country because our ability to cope with an economic downturn, the…”

All the talk in the world doesn't matter if you don't actually get something done in the real world.

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

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.

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.