03/13/2012
https://www.congress.gov...
"CBO Director Elmendorf recently testified before this Committee to share an alarming diagnosis. He declared our current debt trajectory to be unsustainable and 'raises the risk of a fiscal crisis.'"
"You have to focus on interest payments. That is the danger to the economy."
"I think the American people need to understand it more clearly. What do you do about our financial condition?"
"we are not going to be able to fix that and address it effectively if the President of the United States will not look the American people in the eye and tell them we have a problem that needs to be f..."