I think unfortunately we are perhaps inadvertently already in a fiscal disaster.

The fact is that Congress and the Executive Branch have failed to address the debt crisis effectively.

Our spending addiction in Washington has led to the point where we now face the prospect of record deficits as far as the eye can see.

Well, clearly the sequester should be replaced by targeted action in the area of entitlement reform.

Many experts believe that our failure to seriously grapple with our ballooning national debt is already having a significant detrimental impact on economic growth.

Ironically, Senator Coats, the lead Senate Republican of this Committee has, along with Senator Wyden, proposed such an approach

The fact is that Congress and the Executive branch have utterly failed to address the debt crisis effectively.

I congratulate the President for in the last few weeks stepping forward and saying I'm going to get into the room on this issue.

I think we should seize this moment.

Appreciate the plug for Wyden-Coats.

I had a good experience with Congressman Dingell, and I know I will have a good experience with you.