It is designed to jump-start the economy, create jobs, lay a foundation for long-term economic growth.
I am very concerned about debt. I am concerned about national debt, corporate debt, individual debt.
I believe the models that we are using now cannot capture the difference in the threat that we face.
Whatever one calls it, it is not what Senator Gregg and I have tried to send as a message.
Whatever you do, don't take these properties into Government hands.
Let us move on that issue right now while the iron is hot and while we can get things done.
Now is a good time to address the entitlement issues, which is critical.
I think it is going to need more impetus to help us get the housing sector back on track and clear the inventory that is out there.
We are in the midst of the worst economic downturn our country has faced since the Great Depression.
Debt has to be paid back.
This credit crunch is real and it is having a ripple effect way beyond what we had seen in the 1982 downturn.
I believe strongly in an economic recovery package. I have got issues with this one.
62 percent of the outlays is after 2 years.
I tend to have more confidence in the CBO estimate, to be honest with you.
I was extremely encouraged by the President's Inaugural Address yesterday and by his comments obviously prior to that.
Obviously, if you lived through the Great Depression you may have seen it, but nobody else has seen it.
We face one of the worst budget forecasts I have ever seen.
Deficits and debt are a function of the imbalance between spending and revenue.
