we will focus on challenges that are facing the U.S. economic recovery

the race to the bottom is what is going on in the world today, and if it is going to be stopped, it is going to take some leadership from the United States.

Cash is a fact. Income is an opinion.

As I see it, in terms of the work of this committee, one of the most important things we can do is contribute to getting on a more sustainable course.

Transit saves us highways and highway maintenance dollars and allows us to have a way that we can bring our communities together.

the debt is stabilized, but it is stabilized at a level that is too high.

I just really want to urge you to continue aggressively on the transit funding.

I do not envy the job of House and Senate members over the next few years. It is going to be very painful to be a Member of Congress because you are going to have to cut every year.

We knew we were right.

you have to have everything on the table. Spending, revenue, and every part of Federal spending has to be dealt with.

I salute the Secretary for saying, Hey, we have to take money out of the baseline plan.

We are not going to balance the budget on 12 percent of the budget, on 12 cents out of every dollar.

We had to do more on the spending cuts side of the ledger, substantially more, but that we also had to do something on the revenue side if we are going to bell this cat in some kind of fair way.

I want to thank you for your support and the President's support of an idea I put out last year to take up to $7,500 tax credit for consumers to buy these new vehicles.

Just because you call something an investment does not make it so, certainly not a good investment.

I personally believe you and then Secretary of the Treasury Hank Paulson, followed by this administration, have taken steps that were critically important to averting a financial collapse, not only here but globally as well.

We are hurdling toward it. That is one thing we know with certainty.

I do not understand why a measure of success is comparing one third grade to another third grade.