Kent Conrad: “I would much prefer, sign me up enthusiastically for what Senator Gregg has described as investment that is going to…”

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

What is realistic is to deal with these changes in a way that does expand access, that does expand the opportunity for people to participate in a retirement plan at work.

It was incredibly important that we not only made Social Security solvent, but we lifted the bottom 20 percent dramatically.

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