Are you at risk of creating another bubble like we had in the housing market that is going to cause a very unhealthy situation?

Eliminating that deduction would be a major tax increase, Dr. Roberts, would it not, on middle-class America?

I think there is not support to raise spending--raise taxes for increasing general spending.

It is not so lovely for us, really. But it is true--

I have called for Mr. Morton to resign. I think he has failed in his fundamental duty to enforce the law and maintain the morale of the people that we pay to do their jobs every day.

I do not believe this sequester is going to be fixed with new taxes.

we have an absolute duty to serve the children effectively, and we need to make sure every dollar we spend is wisely used to get a good result.

Well, both parties--

I simply ask, not as a Democrat or Republican, but as a former business investor, would you ever invest in a business that spent less than 5 percent of its revenues on training and educating its workforce;

half of the cuts fall on one-sixth of the Federal budget. That is the Defense Department.

I really do not believe that there is no waste, fraud, and abuse in the Federal Government, and a sequester or BCA reduction of 2 or 3 percent in the growth is not going to--is poor management by the people who run this Government if…

I believe the Commander-in-Chief of the United States of America has a high duty.

I fought for the fencing that is out there that you are bragging about today.

It is time for the Commander-in-Chief to provide certainty in the defense budget and explain the dangers of these large defense cuts.

obviously you suggest the choice of reducing deficit between cutting spending and raising taxes, the better choice is to reduce spending.

we will work with you to see where we can find other areas that the budget can be tightened

I do not believe that is spending by the United States Treasury. It is not spending.

I think that bipartisan support for a serious plan to enhance our infrastructure, but the American people need to know how little of our actual revenue is going to that.

I am concerned--now, I will ask Mr. Muhlhausen and Mr. Lesley this question--well, first, Ms. Crowe, with regard to Virginia and the importance they placed on fiscal management, your remarks talk about the danger of reductions in spending.

Excessive, non-productive spending and the consequently high and growing national debt hurt the pace of economic activity.

Last week, the Environmental Protection Agency announced dramatic new CO2 regulations that have been interpreted to be the death of coal.

This is a critical choice we are facing, and we need to honestly review it.

the greatest threat to our national security is our debt

We remain on an unsustainable debt course, and one major reason for that is the lack of honesty in evaluating the cost of new spending programs and the benefits, which are exaggerated.

we need to take another opportunity now, since 1996, to review our safety net programs and see how they are working