I think it's important for us to have transparency in how the money is spent.

Our problem is not just a deficit of dollars, it's a deficit of accountability, and a deficit of trust.

Meeting the challenges of rebuilding our economy and bringing a new sense of responsibility to Washington isn't just about rearranging numbers on a balance sheet – it's about renewing people's trust in their leadership.

we can rebuild confidence and trust in our economy and our markets.

We can't have two administrations running foreign policy at the same time.

Thank you, Mr. President, for hosting us.

We must scour this budget.

I am doing everything that we have to do to make sure that the day that I take office, we are prepared to engage immediately.

And in the short-term, we will actually see potentially additions to the deficit.

The Congressional Budget Office announced that the deficit we are inheriting from this budget year will be $1.2 trillion. We know that our recovery and reinvestment plan will necessarily add more.

We must scour this budget line by line, eliminating what we don't need or what doesn't work.