
Should the stimulus package have in it aggressive enforcement mechanisms to discipline it, such as a hard sunset with supermajorities?
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Should the stimulus package have in it aggressive enforcement mechanisms to discipline it, such as a hard sunset with supermajorities?

It is really the fiscal tsunami that is going to overwhelm our capacity as a Nation to be prosperous.

Our Federal Reserve is in a very tough position. It has two goals: sustaining the economy and price stability.

He told me in a phone call about 10 days ago that he knows this is not going to be fun and it is not going to be easy, but that it simply must be done.

Maybe we can take a little bit more, but we sure cannot take 31 percent of the gross national product and spend it.

You have been the voice in the wilderness for a little while.

The problem with what we are doing right now is injecting capital from the taxpayer into institutions.

I was delighted to see President-elect Obama indicate that he intends to hold a Fiscal Responsibility Summit in February.

I think we have to figure out where the Government can be most constructive in addressing the core problems.

I look at the constituencies who have been active in the Democratic Party, and many of them actively oppose nuclear power.

I appreciate that, and I think your voice would be extraordinarily helpful because you are so highly regarded for your expertise.

Shouldn't we be drilling for a lot more natural gas in the United States?

Will you be promoting additional lending authority--for example, $50 billion was taken out of the stimulus package--to assist in the construction of nuclear power plants?

Doesn't the present subsidy structure of ethanol, which perversely promotes corn, undermine the ability to aggressively pursue those other forms of biomass?

Unless we stabilize the financial institutions of this country, we cannot recover.

You are taking and creating a 30-percent tax increase on capital gains. You are saying to the people who are small business people, we are going to increase your taxes from a 35-percent to a 42-percent effective rate.

And reducing debt and deficit to a sustainability level is at the core of accomplishing that.

You said essentially that you are controlling spending. Well, you are not.