Kent Conrad: “CBO told us phasing out the favorable tax treatment for health care, employer-based health care, is one of the most…”

It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.

It lifts the bottom. It asks those of us at the top to take a little less of an increase than we might have expected.

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…

If you are really going to relieve me of the administrative burden, if you are going to really relieve me of the liability, if you are going to really relieve me of the cost other than the payroll transfer.