I believe that the deficit and debt reduction plan assembled by the President's Fiscal Commission on which I served got it about right.

I think it has been inappropriate for the administration to raise the specter of a default on our debt.

I am concerned continually, Mr. Secretary, about the process taking too long.

This growth is real today.

Senator Conrad, the disparity between taxes on capital income and taxes on wages has grown larger and larger.

I believe this debt threat is an imminent threat to the Nation.

I appreciate you being a partner in this effort to really get serious about our deficit and debt.

100 percent of GDP is too high.

The stimulus worked.

I give him credit for stabilizing the debt, but it is stabilized at a level that is too high.

I supported extending the tax cuts. I supported extending all of them because I believed the economy was in such weak condition.

It is important that the Federal Government maintain its responsible share in dealing with the transit costs.

We are now in a situation where by putting $2 billion into advanced battery innovation and manufacturing--$2 billion in this country--we have unleashed billions of dollars.

I do not see any way around, and the question is timing.

We have--one thing Senator Sessions and I absolutely agree on is the need to put in place a credible plan as soon as possible.

I do not think Congress, the House or the Senate, are going to be very interested in bailouts to States.

These budgets, all of them in all of the Federal Government, this is not going to work.

Entitlement spending needs to be contained.