I don't see the pivot.
There is really no alternative.
I believe strongly, it is critically important that we run deficits and add the debt in the short term.
You are going to have to do something on the revenue side as well.
Very few Senators dig into as many topics and as in-depth a way as Senator Wyden.
I just want to make clear that this Committee fully appreciates not only your professionalism but your integrity.
I absolutely respect his independence and his integrity.
The suggestion we do not have to do anything is just not being straight with people.
my understanding that the operations of those institutions are included in the CBO budget numbers now, but not in the OMB numbers.
Senator Gregg and I, who joined together after 2 years of working together on a proposal, were delighted to get 53 votes in the Senate.
In the short term, we have got to strengthen this recovery.
I give the administration high marks for what you have done thus far to avert what I believe would have been a global financial collapse.
Clearly, the Federal budget is on an unsustainable path, and while nobody can predict at exactly what point excessive debt would lead us to ...
I believe that job creation is primarily a function of the private sector, but we can do things to provide incentives to them to help them i...
The recommendations of that commission will be brought to a vote in the Senate and in the House.
the debt has to be controlled, you are absolutely right.
We hope to support the efforts of an official commission, whether statutory or created by Executive order.
I think we have to be very careful not to prematurely reduce the deficit because, in many ways, we are facing what the Japanese did.