America's primary strength, number one, is that we are the world's largest market.
Let us keep the energy prices low.
a deficit projected over about $103 trillion. Talk about unsustainable.
Can you describe what happens, why it is such a big deal?
Let us to consider lessons learned first by going back to the history of Greece.
The mandatory spending programs, the pensions in Europe, we call them entitlements here, Dr. Kahn, you said that was 16 ...
Our tax system is uncompetitive.
So let me ask you, how are we getting away with this when we have almost doubled the debt per capita? Why are we not see...
Again, we like those indicators improving for America.
We have to understand it. One of the reasons I throw it out there is you have to simplify what it is that we need to do,...
But their debt was not at----
The important emphasis for you, given the committee's jurisdiction and our general interest in this strong, vibrant, glo...
I always relate national debt loads to family debt, where if you are in debt over your head, how are you going to grow y...
One of the things we did, we held a hearing in our Homeland Security Committee with CBO Director Hall, and we have conve...
I mean, they could be doing very well if they had better policies.
Certainly, getting at the early retirement system is going to be core for any sustainable solution in Greece.
I think the concern is it is going to go the one way where people have said that it worked pretty well for them.
I was rather shocked at the result.