Are you looking at anything that might happen overseas? Anything that might happen here that you would consider a trip wire to accelerate this into even a worse situation?

What percent of our jobs are based on exports, Commissioner?

Every state is experiencing the downturn, but do you have more regionalized impacts?

We have been devoting trillions of dollars of taxpayer money to expanding and creating permanent, long-term government spending programs and income redistribution mechanisms.

Now is clearly not the time to increase taxes and chase more jobs and production offshore.

I think it is an excellent idea, and I look forward to working with the Ranking Member in putting that together as quickly as possible.

This is precisely the wrong time to raise taxes and inject uncertainty about what taxes are going to be in the future.

And a lot of that would seem to be built around housing, or manufacturing?

the very last thing that we want to do is raise taxes on American businesses and introduce uncertainty into employers' plans.

the budget that we are currently considering, by initiating a move toward socialized health care and taxes on carbon emissions, will ensure that 100% of Americans can expect to pay higher taxes in the future.

Thank you very much, Madam Chairwoman.

We need to halt the mad dash to big government as the solution to all of our problems.