Kent Conrad: “I like that idea very much.”

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…

That I like to call the 'Conrad provision.'

The bottom 20 percent of earners get a 35-percent increase over what is scheduled, a more than 60-percent increase over what is payable.

Social Security's financial challenge affects nearly our entire society, and the solutions will require a broad-based approach.