Kent Conrad: “Is there anything in the amendment that is before the Senate now that requires a reduction on anybody's part before…”

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

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.

The one thing I know for sure is that what is happening now is not working.

If you had to reduce it to a word, I would reduce it to 'globalization.'