Richard Shelby: “We pushed hard--hard--for a reform of Fannie and Freddie. We got it out of the Committee.”

A lot of people, including this Senator, believe that the request is not enough considering the problems in the world.

A complex and evolving security environment requires a serious commitment to our national defense.

We have got to get our arms, one, around the inflation first, and then try to boost our defense capabilities in a dangerous world.

I am concerned about this--what this communicates to both our allies and our adversaries.