Kent Conrad: “That is correct. If this were in dollar terms, I could not put it on a chart. The sea of red ink that would follow would…”

Millions of Americans are financially unprepared for their retirement.

Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…

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

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.