01/06/2011
https://www.congress.gov...
"You quoted earlier that somebody said during the Bush administration, deficits do not matter."
"I am not in favor of precipitous, immediate fiscal austerity of the kind the British Government is now embarked on."
"It would be good progress."
"My firm belief is right now there is an opportunity to go further than Wall Street thinks is possible in reducing spending and put us on a sound path."