I think it is critically important that from an investor's standpoint, if a servicer is not following their responsibilities under the agree...
Thank you very much.
But one of the premises is 10-percent private capital up front. The question is: Is that sufficient? Or is it too much?
Thank you, Dr. Elmendorf, for this excellent report and for being here today.
And one would think that we should be putting together a plan to protect and strengthen those programs...
it is sort of hard to understand, if the Affordable Care Act is contributing to deficit reduction, why the strategy is being advanced...
the maintenance of sequestration will result in substantial job losses both in the current year and in the next fiscal year.
these two sort of policies that we have heard so much from our friends on the other side of the aisle... will actually increase the deficit.
there is no question, the Affordable Care Act, if it were repealed, would substantially add to the deficit.
the Affordable Care Act will actually reduce the deficit by billions of dollars over the next 10 years and even more over the next 20 years.
That is irresponsible and reckless, given the impact that not paying our bills would have on the economy.
the biggest shortcoming of this House Republican budget is that it keeps the tax increases associated with Obamacare.
the position our Republican colleagues, unfortunately, have taken is that we are going to shut down the government if we don't accomplish th...
While the panels are changing, I just wanted to emphasize the point that Mike Lewis was making very well to Senator Baucus' question.
I share his worry that if we go back to just a gas tax, we are putting ourselves on a glide slope that ends back in a bad place all over aga...
I think having that Federal backstop reassures the insurance industry that, for catastrophic risk, none of them will go under.
There is another dimension to terror attacks that really was not so obvious in 9/11, and that is cyber security.
We have to extend the reinsurance program going forward.