05/03/2011
https://www.congress.gov...
"And it also increases the risk, as Erskine Bowles and Alan Simpson told us, of a fiscal crisis that might occur."
"Right, well, fundamentally, is it not true that the deficits continue to rise and rise steadily because they are increasing faster than economic growth?"
"We cannot continue on this course. Bowles and Simpson told us in this very room that this Nation has never faced a more predictable financial crisis."
"It increases spending almost $1 trillion and increases taxes a similar amount."