Kent Conrad: “Senator Gregg and I, who joined together after 2 years of working together on a proposal, were delighted to get 53 votes…”

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…

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

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

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