I came to the floor to deliver a speech on the debt ceiling and all the activity surrounding the need to increase our debt ceiling, but I took the time to listen to Senator McCain while I was here, and I have to say I agree with Senator McCain. We need a breakout strategy. We need cooler heads to prevail, and I think many, if not all, of us can agree our tax system is overly complex. It ought to be simplified. We ought to lower rates. We ought to end the loopholes and the subsidies and the deductions and let the free market reign. I look forward to working with the Senator from Arizona as we, hopefully--and hope sometimes is a strategy--but we get a broad agreement, we go big. We deal with our debt, we strengthen our entitlement programs, we reduce spending, and find ways to generate more revenues. I thank the Senator from Arizona for his comments. I rise, as I just implied, because I think the fiscal challenges that confront us demand a bipartisan solution. Both parties approach the issues before us from very different points of view, but time is truly running out on our Nation's structural deficits and our long-term debt and the need for us to address those. I want leaders in both parties to show genuine commitment to action. How about if we set aside our talking points so we can get some work done.…
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