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Why would we invest in a country where the debt is going to be unsustainable, where the deficits are unsustainable, and where they are basically saying if you are a productive individual, a small businessman who wants to take a risk, we…
I do not see how your budget does anything other than put us in a position where we get a Nation that our children cannot afford and that is not productive.
Will this be done by the Fed, or will it be done by the Treasury?
There is fertile ground here in this Senate, especially between myself and the Chairman, for accomplishing that goal.
Are we going to insure it or are we going to put a floor underneath?
Maybe I do not understand, but I presume the way you are going to get the private sector to participate is you are basically going to make it profitable to them, or at least potentially profitable to them, by removing their downside risk…
the debt of this country is unsustainable on our present course
I am also concerned about climate change, and I think we should try to move away from carbon-based production of energy.
If you look at the recent stimulus bill that was passed, stripped from that bill was $50 billion of loan guarantees which would have helped us fund an expansion of nuclear power.
So I want to hear specifically from the Secretary on the administration's position on nuclear. Are you for it or are you against it?
From our perspective the Federal authorities need to be involved.
We can completely understand why citizens in that state should not feel like they should be paying all the burden when actually everybody in the country is benefiting.
I just had an auction with the Regional Greenhouse Gas Initiative which I think is one of the first efforts in the country.
We need to think very carefully about the economic implications of putting forward a Federal mandate that all states must comply with.