I truly believe we did not get the kind of job creation and economic stimulus that was projected for it.
We have got to confront the problem.
But when we talk about the tripling of the debt in the next 10 years based on the chart that the Senator showed earlier, that is not being s...
A lot of us oppose that. We don't believe in that.
As I have come to realize, the actuarial unsoundness of Medicare and Social Security, you really cannot do that.
I think we have too light a treatment to the need to contain wasteful spending now, that is not producing much for the economy.
I just would say that any--maybe you would--my time is about up, so if any of the two of you who have not commented, I wish you would.
The President did contend that he could cut spending without reducing benefits.
That money, that is the public debt.
I believe we have a culture, a history, a heritage of limited government and we have accelerated our debt situation through a number of bad ...
I have used the public debt simply because nobody disputed that that was a bottom-line debt figure.
But, of course, you cannot simultaneously use that money to fund a new program and also extend the life of Medicare.
Medicare and Social Security are on an insolvency trajectory that is very real.
I was very disappointed that the President's stimulus bill, the $862 billion, or the new one, the $270 billion stimulus package that is bein...
What was happening politically and morally was we were losing our discipline and people were buying into that language.
I am thinking that our President is going to have to lead on this issue.
SIPC does not offer to investors the same blanket protection that the FDIC provides to bank depositors.
So you have really grown and those challenges will be with you to handle the growth, will it not?