David Walker

I will say this. We need campaign finance reform. There is no question about that.

Without savings, there is no future.

If you think the current deficit and debt levels are bad, you ain't seen nothing yet.

The Congress is currently involved in a great debate over health care reform, and I would just like to specifically say that that has serious fiscal implications.

The fact is we had a problem with the executive compensation and perks before the bailout. We have a problem after the bailout. There's a problem with the corporate governance system.

The fact is, we have a problem with the executive compensation and perks before the bailout. We have a problem after the bailout.

Well, I think the solution is the government ought to its job. It ought to do a better job with regulation, with regard to oversight.

We clearly need comprehensive health care reform. And health care costs are the single biggest driver to our long-range deficits.

Victory has 1,000 fathers. Defeat is an orphan.

The Congressional Budget Office, though, has said, look, health care -- this health care reform is going to add $1 trillion to the deficit over the next 10 years.

I think it is going to be a combination. I think we're going to see a broadening of the tax base to try to keep rates as low as possible. But there will be income tax increases for better-off people. There will be an increase in the…

But the bottom line is the Bush administration, the Obama administration and Congress blew it. These bonuses should never have been allowed to be paid.

But the bottom line is, the Bush administration, the Obama administration and Congress blew it. These bonuses should never have been allowed to be paid.

This bill was an 8.3 percent increase over last year, a 10 percent increase for the Congress. That can hardly be described as being fiscally responsible.

I think he should have vetoed it. There is a growing credibility gap.

Yes, I think it is. I think we have to recognize reality.

There's a crisis of confidence. There's a lack of action with regard to the credit crunch.

This economy is in tough shape. Our federal finances are headed for Thelma and Louise. And we better get our act together.

There is a crisis of confidence. There is a lack of action with regard to the credit crunch.

You clearly need comprehensive health care reform, universal coverage for preventative wellness and catastrophic has be part of that.

We clearly need comprehensive health care reform. Universal coverage for preventative wellness and catastrophic has to be part of that.

It's not an issue of Harry and Louise, we're headed for Thelma and Louise. This economy is in tough shape.

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.

We should not be spending hundreds of billions of dollars on health care reform. If we do health care reform, it should save money, not spend money.

I think we have got to take much more dramatic action much quicker than this budget shows to be able to turn and start getting control of mandatory spending costs.