04/16/2013
https://www.congress.gov...
"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."
"And it also increases the risk, as Erskine Bowles and Alan Simpson told us, of a fiscal crisis that might occur."
"the administration has not indicated willingness to compromise, but as they have released with this budget, they slam the door on compromise."