06/30/2010
https://www.congress.gov...
"A 1-percent increase in interest is more than twice--is not quite twice as much as the sequester."
"There is so much pressure to spend, to spend, to spend, and simply the Nation has got to rise up to that and be responsible in the actions that we take."
"If we do not do something about this now when we are in the world of 2 percent interest, it is going to be too late when it is 5 or 6 percent, because all fiscal hell is going to break loose around he..."
"The Director of the Office of Management and Budget is one of the most critical positions in our Government, entrusted with overseeing our massive Federal budget during a time of great financial dange..."