I do not think our institutions have yet grasped that.
I think we are in a bubble in Washington.
These are not acceptable increases, I do not believe, and I do not think they are going to be approved.
We have to abandon this idea that somebody's projection increases are the fact and that a reduction of increase is a cut in spending.
Well, but we are not going to go down that road either, because that is the military conflict and one of the things we hope to achieve by th...
I have been critical of the President's State of the Union address in which he spent very little time in an honest, direct, open way discuss...
This is a very difficult issue. I have been with my staff since I have been Ranking Member and I still do not have a handle on it.
We cannot continue business as usual.
I criticized the Bush administration. We had surpluses, and somehow it got around that deficits do not matter.
You quoted earlier that somebody said during the Bush administration, deficits do not matter.
I am not in favor of precipitous, immediate fiscal austerity of the kind the British Government is now embarked on.
It would be good progress.
My firm belief is right now there is an opportunity to go further than Wall Street thinks is possible in reducing spending and put us on a s...
the TARP bailout has not cost the taxpayers a lot, but the stimulus bill cost $900 billion at 4 percent interest.
Well, thank you, Mr. Chairman.
He said--I quoted him as being 100 percent certain that he could pull back and not allow inflation to take off.
I think that is a psychological, political question for us to ask.
It absolutely increases the internal debt, and I think any fair reading would suggest it increases the overall debt exposure of the United S...