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.
The budget of the United States is indisputably in terrible shape, and we remain on an unsustainable path.
Thank you for your insightful report and comments. They are very important to us.
They said it was inevitable if we do not change this unsustainable path. Would you agree with that?
We have the highest corporate tax rate in the world, and we should be using that to reduce the corporate rate rather tha...
I do believe you are being asked to take a disproportionate cut.
I do remain concerned about the impact on the Defense Department.
the public proposal of the President that he would like to reduce by one-third our already substantially reduced nuclear...
I think that is a testament to bipartisanship in the defense of America.
We should look for other areas within our Government to find some savings too.
The President has indicated basically he wants more taxes and more spending and he will not find any other reductions in...