Kent Conrad: “Obviously, if you lived through the Great Depression you may have seen it, but nobody else has seen it.”

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.

I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.

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.

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