Judd Gregg: “I think the fact that the administration has not taken that off the table probably undermines the ability to draw in…”

In the end, you have to pay the debt ceiling because otherwise the government can't function, and the effect of that would be catastrophic.

I subscribe to Senator Gregg's emphasis on value-based reimbursement. I think we're making progress on Medicare. It's not hopeless.

Why would we do it? Because it makes no sense, from the standpoint of policy.

We have to figure out how to do the deal that straightens this out.