Kent Conrad: “I have tried to say that publicly. But, you know, we have got a responsibility here, too.”

I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.

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…

I thought he was an outstanding Committee Chairman, and my former intern has succeeded him in his Congressional seat.

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