The focus on repayment of TARP is deceptive because it fails to consider the huge taxpayer cost from non-start programs.
Our deficit this year is projected to be $1.65 trillion, the largest ever by any Nation in the world.
The co-chairs of the Deficit Commission, Erskine Bowles and Alan Simpson, declared that if the United States failed to curb our growing debt...
Well, that is not what he said. He said we will not be adding more to the national debt.
Well, could I ask you this question. Did Mr. Lew or the President of the United States, when they made that statement, 'We will not be addin...
This crushing debt burdens growth. It undermines economic confidence and threatens our Nation with a severe debt crisis.
I voted against TARP. I believed then, as I do today, that TARP was a serious policy mistake.
the financial markets believe more than ever that the United States Government will step in and save the too-big-to-fail institutions should...
I believe this accident should not have happened.
I believe that is reassuring to those of us who believe, as a matter of national interest, we should produce oil and gas from the Gulf.
I believe the American people deserved a more thorough and detailed study.
Absolutely.
It is essential. Now, markets do not always get these things right, but they have no chance to get it right without better disclosure.
If we do not keep the politics out of it, we are going to repeat where we are today down the road, are we not?
I hope we can, because if you are socializing the risk, putting it on the taxpayer, and privatizing the profits to the shareholders, we have...
I believe that is a good place to start.
They have dropped a lot, though, have they not?
Government-supported incentives for housing that distorted the market.