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The economic policies of President Obama and congressional Democrats have failed.

I thank my colleague for yielding. As we sit like good Congressmen and -women in our offices and as we watch these debates on television, sometimes we feel compelled to run over and participate in the debate. Certainly, that's what drove…

I claim time in opposition. The CHAIR. The gentleman from South Carolina is recognized for 5 minutes.

It is provable beyond a reasonable doubt in my judgment that main Justice had actual or constructive knowledge of gun walking, both in Fast and Furious and beforehand, and I am going to prove it to you.

How can you deny that people in main Justice knew gun walking was going on before that February 4th letter was sent to a Member of Congress?

I think it is important for me to say that if Congress is being lulled, they should not be lulled.

I appreciate this opportunity to discuss my views on the economic outlook, monetary policy, and the challenges facing federal fiscal policymakers.

Yes, I think a very substantial additional tack on the deficits is needed.

What we need is an armistice between Republicans and Democrats to solve this problem.

I think we are the premier economy, we are the safe haven, we have a strong interest in maintaining that status.

I do not think many people, including many good friends of mine on both sides of the aisles, would argue that tax cuts fully pay for themselves.

If you determine that you want to change it, we will, of course, do whatever you assign us to do.

Mr. Speaker, Baker Spring of the prestigious Heritage Foundation recently warned: ``It is clear that the fiscal year 2013 defense budget will not provide the U.S. military with the resources it needs. Even more problematic is that all…

If normal pre-economic downturn interest rates were used that the PBGC would have no deficit.

Thank you, Chairman Roe, for holding this important hearing.

We have had Che Guevara down there in the past trying to destabilize the area, and today it is even more dangerous because Tehran, and working with Venezuela and Chavez and Ortega, they really are a danger.

I appreciate the gentleman from Colorado for allowing me to have a little time to talk about this. Canada is our largest and best trading partner. A good friend of mine was an ambassador to Canada, and I had the opportunity up there to…