David Walker: “The power resides with the Congress of the United States and the President of the United States.”

I can come up with $2 trillion to $3 trillion worth of deficit reduction without any tax increases, OK?

This is not a collective bargaining problem. I mean, people ought to have the right to bargain, and we're not proposing to touch that at all.

I think the American -- we need to have a discussion with the American people about how much universal health care is appropriate, affordable and sustainable.

Government doesn't create jobs that will last for the long-term. But they can do things that will help create an environment.