Kent Conrad: “Some kind of special bipartisan process is going to be needed.”

All the talk in the world doesn't matter if you don't actually get something done in the real world.

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

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

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.