Lloyd Smucker: “We must recognize that the dollar, the money is an important part of the conversation and institutions need to be…”

We can’t allow that to happen, and the only way you address that is to start being serious and realistic about the math problem and the demographics.

You’ll probably have to do something on the payroll half of the money being paid into the system.

I think this requires a conversation, a broad conversation with the American people, talk about … what it is that we can do to change, to make good on the promises on Social Security, but also change the fiscal trajectory.

The allegations are really disturbing just as they are in Minnesota and other places where we've seen this.