Forty cents of every dollar we spend is borrowed.
You think, well, we can...just ask the Congress to spend money, and then when they get to a certain point, we can tell C...
I hope I would have been willing to support the Commission's recommendations. It is about as good as anything we have se...
A permanent tax policy is better than an uncertainty, and we have too much uncertainty in our economy.
You are a great Chairman, and I thank you.
I do believe we have an opportunity to limit waste and spending right now, and it would not damage the economy.
I just think this whole bailout mentality has far more ramifications than a lot of us think.
But I have just got to tell you, places like California have been living beyond their means for a very long time.
I felt that. Thank you.
It increased the internal debt of the U.S. Treasury because the money expended for the health care program is borrowed f...
It increases the internal debt, the gross debt of the United States.
I criticize the Debt Commission and their work on one point.
Former Federal Reserve Chairman Alan Greenspan said recently that we have almost a 50-50 chance of a bond market crisis ...
a $1.5 trillion deficit is a huge thing, and we will pay interest on that forever.
I think a fundamental question is: Are they taking their medicine now that will put them in the longer term on a healthy...
I have to say in my view it is not accurate, because we know that Medicare will be going into deficit.
It absolutely increases the internal debt, and I think any fair reading would suggest it increases the overall debt expo...
I think that is a psychological, political question for us to ask.
