Kent Conrad: “The combination of the retiring baby-boom generation, rising health care costs, and inadequate revenues are projected to…”

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

Millions of Americans are financially unprepared for their retirement.

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 we are going to make this whole system solvent, it is going to take everybody to give a little bit.