On the recordMarch 2, 2009
Look, he inherited a $1.2 trillion deficit and some problems. But he's had proposals as to what he wants to do about them, so he's got to accept responsibility there.
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transcripts.cnn.comLook, he inherited a $1.2 trillion deficit and some problems. But he's had proposals as to what he wants to do about them, so he's got to accept responsibility there.
David Walker discusses President Obama's responsibility regarding the economic situation he inherited.
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I don't think it should be business of S&P or any rating agency to tell a sovereign nation how to put its finances in order.
I think there's a way to bridge this and for both sides to save face. We ought to be trying to get a credible down payment and a one-year extension to get a grand bargain.
Believe it or not, I am 65 years old. Congress has passed timely budget and appropriation bills four times in 65 years. That is an F minus.