It is pretty obvious when you look at it that is too rapid a reduction.
And it also increases the risk, as Erskine Bowles and Alan Simpson told us, of a fiscal crisis that might occur.
Right, well, fundamentally, is it not true that the deficits continue to rise and rise steadily because they are increas...
We cannot continue on this course. Bowles and Simpson told us in this very room that this Nation has never faced a more ...
the administration has not indicated willingness to compromise, but as they have released with this budget, they slam th...
However, the August 2011 debt ceiling increase resulted in the only real reduction in the growth of spending, $2.1 trill...
The budget of the United States is indisputably in terrible shape, and we remain on an unsustainable path.
Thank you for your insightful report and comments. They are very important to us.
They said it was inevitable if we do not change this unsustainable path. Would you agree with that?
So, to my colleagues, this is the reason I think it is accurate to say we have fundamentally a spending problem rather t...
We just had a $616 billion tax increase, averaging about $60 billion a year extra income, and we are having recovery fro...
I am disappointed that we are constricted.
it does not produce a balanced budget.
The idea that this Government ought to have 40 job training programs...speaks to some of the inefficiencies and duplicat...
Isn't your compromise hiding over a half trillion dollars in tax increases over the current baseline?
This is not a compromise plan. It is a tax-and-spend plan that does not alter the debt course of America, and that debt ...
It increases spending almost $1 trillion and increases taxes a similar amount.
We need to reduce our deficits
