Kent Conrad: “The debt limit request will be to raise the debt by nearly $800 billion--$781 billion.”

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

I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.

We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.

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