Barack Obama actually said...

We talk about balancing the budget. We talk about sound dollars. But the policy we have got in place here to fix it is not consistent with t...

Short term, we have got to focus on boosting the economy and creating jobs. Part and parcel of that is a plan for a sustainable fiscal situa...

What we have done is kicked this can down the road. We are now at the end of the road, and we are not in a position to kick it any further. ...

If nothing is done, this recession could linger for years. The unemployment rate could reach double digits.