Yes, that is kind of how the free enterprise system works, which is people who start enterprises say, I am going to take a huge risk, invest my life savings, my career, and if it works, I get a huge return.

I think everybody can see that they would. This is not a hard question.

Free enterprise created vaccines that saved millions of lives.

The idea that somehow corporate greed has just been invented in America is absurd.

I am one of those Americans who is concerned about the fact that Americans tend to pay a lot more for drugs than do people in other countries.

Yes, that is kind of how the free enterprise system works.

Free enterprise created vaccines that saved millions of lives.

Do you believe that Republicans in the House and in the Senate are going to vote to raise taxes and nothing else, just raise taxes to save Medicare?

It's just not true. House Freedom Caucus has one member who asked for a vote on something like that, but the Freedom Caucus itself doesn't do that, nor would the Freedom Caucus support that in the absence of a full repeal of the 16th…

To say somehow that he's been cutting the deficit is just not realistic.

No one is proposing that on our side, and you keep on saying that's the biggest threat.

The biggest threat is in ten years or so, the Social Security Trust Fund runs out of money.

the President claims to be a steward of fiscal responsibility, with a track record on deficit and debt accumulation in the last two years.

That is simply wrong. There is no one who's recommending cutting Social Security benefits.

Do you recognize that in the next ten years or so, the Trust Fund on Social Security is going to run out?

I do want to remind everyone, anyone watching this hearing, as well as American taxpayers more broadly, that it's Congress that ultimately determines annual spending and revenue levels, not the President's annual budget.

I do want to remind everyone, anyone watching this hearing, as well as American taxpayers more broadly, that it's Congress that ultimately determines annual spending and revenue levels, not the President's annual budget.

No one is proposing that on our side, and you keep on saying that's the biggest threat.