Now, is the Treasury considering being involved in the IMF's NAB, the new arrangement to borrow facility?

And it is a 30-day provision, so we would expect that within the next three or four weeks in front of Congress, the decision-making there.

The way the law of the land is structured, we can't lend money to the IMF without the authorization of the Congress of the United States.

But beyond that, does the Fed accept as collateral for foreign debt sovereign debt of foreign countries?

So austerity too fast and spending cuts too soon and tax increases that would have a negative impact in economic growth, that is the fiscal cliff that you are speaking of?

What is a sustainable debt load for a country such as ours?

I think many people like me have a significant concern of conflicts of interest, issues of lack of transparency, and a lack of openness.

The President's budget that he submitted this year puts us in a very harsh spiral based on the debt-to-GDP ratio, based on the tax increases, and for not addressing the cost drivers of our budget.

Tell me what you have done to reduce the price of gas at the pumps. What policies have you put in place to reduce the price of gas at the pumps?

The anger that my constituents have of the cost at the pumps is very real.

I have not yet heard that they are trying to increase the supply of American oil or our refining capacity.

The policies this Administration has put in place have actually increased the cost of fuel at the pumps.

Wouldn't you say that is a mistake?

So you would be willing to bet, then, that these instances will not happen again, the Solyndras, the Antelope Valley Solar Ranches, the excessiveness in the weatherization program that have proved to be, as you have seen in the slides…

We hope that as their Secretary, this was not at your urging.

The American people deserve to know how could we have been so careless and so casual with billions of taxpayer dollars?

The Energy Department may be well-intentioned, but has absolutely destroyed a part of the investment industry.

the production of oil on public lands has actually gone down under your Administration's watch.