Kent Conrad: “If we didn't have to pay the interest on the debt that was accumulated during the Reagan and Bush years, just those…”

I would just say our Retirement Security Plans and our Retirement Security Clearinghouses are responding to the underlying dynamic that Professor Mead has done such a good job in describing.

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

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.

Social Security's financial challenge affects nearly our entire society, and the solutions will require a broad-based approach.