I think we do have an extraordinary challenge, and the question for all of us: Are we up to this challenge?
That will fundamentally threaten the economic security of the country going forward.
In the longer term, we have got to pivot and we have got to deal with this debt threat.
I believe we were perilously close to that.
Nobody believes that that is sustainable.
It is really hard to find something, I think, that works better than these Build America Bonds.
We can't have a circumstance in which dollars, precious dollars that are being allocated for the nation's defense are wasted.
If you take on too much debt, it affects the rate of economic growth in a country adversely.
We are also a major energy State.
My calculus tells me that me that this year we will hit gross debt to GDP of just over 90 percent.
I believe the risk to Medicare and Social Security recipients is a failure to act in a timely way to deal with the long-term debt trajectory...
We have got the lowest revenue as a share of the economy in 60 years, the highest spending as a share of GDP in 60 years.
I wish we had been more successful in persuading our colleagues to have a bigger package.
I can't speak for Senator Gregg, but he and I have gone on this effort to have a commission, because we have been convinced you have got to ...
We appreciate Sen. Dorgan's outreach to the Department of the Interior and the Department of Energy.
In particular, we appreciate Senator Dorgan's communication with Secretary Salazar and Secretary Chu in an effort to spur a collaborative an...
Unemployment on the Indian reservations is not seasonal. It is chronic.
Spending has got to be adjusted, and yes, that means Social Security and Medicare have to get on a lower growth trend.
