"the real elephant in the room is the fact that we don't have enough revenue to continue to build a business model that would make sense in the private sector."
"Now, I am understanding some of the people that I represent, some of their increases are going to be 38 to 40 percent."
"I come from the private sector, and I was not here whenever the healthcare law was debated and then passed, but I can tell you as a person who actually provides insurance for the people that I work wi..."
"When you take in $1 in premium and pay out $1.20 in claims, that is not a sustainable business model."
"You are calling out things that you see on the horizon, kind of sending out warning flags of, look, we are not going to be able to sustain this kind of program if we don't do something dramatic soon."
"So all the revenue we collect comes out of working people. And we have seen a very low labor participation rate."
"When you indulge in deficit spending for too long a period of time there is no bright light at the end of the tunnel other than maybe a freight train coming at you."
"This program that we say is solvent, we don't have to worry about it, in over 80 years we have built some type of a surplus, it is a paper surplus."
"Well, the clock is running out on all our businesses. This is the thing that bothers me."
"What I think bothers me is when we are the most attractive market in the world, why did we end up with such lousy trade agreements?"
"We have such an opportunity, but we have got to be stronger. If we are a strong country, we are a strong country."