Kent Conrad: “If you take on too much debt, it affects the rate of economic growth in a country adversely.”

I am eager to hear from our panelists to get a better sense of all the options they considered and how they reached consensus on the final report.

I would just say in this whole area of lifetime income options, there is a tremendous opportunity here.

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.

There is going to be a 23-percent cut across the board by 2034.