"While the Dodd-Frank Act missed a great opportunity to merge the SEC and CFTC and stop the bifurcation of the futures and securities markets there is no reason why we shouldn't push for more coordination, consistent rules, and budgetary savings."
"All agencies and programs should be prepared to sacrifice. All budgets have to be on the table."
"Well, that is good, because you actually contemplated my next question, which was would it not be a good idea, even though it is not binding, for the agency to, or the Commission to pursue the objecti..."
"We are now facing yet another record Federal deficit at $1.6 trillion, and the budget we recently received from the President would double the national debt, to more than $26 trillion, by the end of t..."
"It seems to me that we are causing the agencies to rush and then try to create these processes of phased implementation."
"And do you feel that, ultimately, the objective is consistent with the statutory mandate, achieving the least costly alternative?"
"I believe all agencies and programs should be prepared to engage in this process and that all budgets have to be evaluated."
"I would just add that Congress budgets on a 1-year at a time basis."
"It is imperative that Congress grapple with the need to deal with Fannie Mae and Freddie Mac."
"At a minimum, it seems to me that we ought to acknowledge the taxpayer is on the hook for the debt."
"As we talk about national transportation issues, we must ensure that Federal legislation continues to distribute highway funds in a way that recognizes that there is an important national interest in ..."