The President says it is wasteful spending. Secretary Gates says it is wasteful spending.
I have always favored a second engine because I believe competition will drive the price of that engine down.
I think that drawing up that legislation is more complicated and I think it is politically more challenging.
The solution is a multi-year, comprehensive fiscal plan that tackles all areas of the budget.
That level of debt was not sustainable then and it is not sustainable today.
We are like Moses standing on the mountain top looking at the promised land.
We are running a deficit this year of about $1.5 trillion. We need to look at almost every corner of our budget
Thank you for bringing your previous role as Mayor of a large city and a leader of the Nation's Mayors to these issues.
At some point, we will be hit by a fiscal crisis as credit markets lose face in the U.S. political system's ability to f...
We really have to figure out how we are going to get better results for less money in this new time of fiscal constraint...
I congratulate you on this important bill and your excellent line-up of bipartisan co-sponsors.
So as I think you suggested, Senator Carper, it kind of hits that Goldilocks sweet spot.
the Congress should have to vote on the President's proposals, we call them rescissions, reducing, rescinding spending
Clearly, we face a dangerous fiscal situation and deficits and debt are rising as far as we can see.
Our Nation's debt stands at $14 trillion.
The Fiscal Commission...provided us with a roadmap out of this morass.
We need only ask our friends in Greece and in Ireland about that.
Good questions. Thank you, Senator, thanks very much.
