On the recordApril 28, 2015
If I can add just one thing, Mr. President, 5 years ago, 6 years ago, our Federal budget deficit hit $1.4 trillion. It has come down since, bit by bit. Now it is down by about two-thirds. But it is still a lot--like $400 billion or so. That is a lot of money. I think the key to further reducing deficits is threefold: No. 1, tax reform that broadens the base and lowers the corporate rates so we are competitive with the rest of the world but also generates some revenues for deficit reduction. No. 2, entitlement reform that saves money and saves programs for our children and grandchildren and doesn't savage old people or poor people. No. 3, look at everything we do in the Federal Government and say: How do we get a better result with less money? This is one of those things we need to look at and put under a microscope. Again, are all for-profit schools bad? No, they are not all bad. Some do a very good job. But we have millions of jobs out here in this country waiting to be filled. We have a lot of people who would like to have a job and don't have the skills. We are spending a ton of money through the GI bill and tuition assistance, and we need to better ensure that the folks--particularly who are veterans--are getting their money's worth and that we are getting our money's worth and that we are getting the workforce we need to fill up those millions of jobs.





