03/06/2012
https://www.congress.gov...
"So what does a 1 percent, half percent rise cost?"
"One final thing. Is there a risk of inflation rising past the 2 percent target set by the Federal Reserve?"
"In 2027, discretionary spending will be at the lowest level as a percentage of GDP that it has been since 1962."
"Is it correct then to say that Congress' current approach to reducing the deficit--that is, only reducing discretionary spending--is sustainable in the long term?"