David Walker

The omnibus that just passed has an 8 percent increase in discretionary spending. That is unbelievable.

We clearly need universal coverage eventually for basic and essential health care that's affordable and sustainable over time. But the last thing in the world we ought to do is expand health care coverage, dig our hole deeper before we…

The last thing in the world we ought to do is expand health care coverage, dig our hole deeper, before we fundamentally reform the health care system.

I hope that what Rahm Emanuel means is that we can't just focus on today; we have to take steps to create a better tomorrow.

This is not a stimulus bill. All right? Probably, maybe a third of this is a stimulus bill.

What we have to do is not reward bad behavior. Some people should never have been able to buy a house and we don't want to bail them out.

We're going to have to readjust our sights. When we come out of this, we're going to have slower growth and we're going to have to be more prudent with regard to debt and we're going to have to save more if we want to sustain.

I would argue the American dream is everybody to maximize their opportunities to achieve their full potential and to make sure that the future is better for our kids and grandkids than today. That's at risk.

we can't just focus on today; we have to take steps to create a better tomorrow.

We're going to have to readjust our sights. When we come out of this, we're going to have slower growth and we're going to have to be more prudent with regard to debt.

The American dream is everybody to maximize their opportunities to achieve their full potential and to make sure that the future is better for our kids and grandkids than today. That's at risk.

What we have to do is not reward bad behavior. Some people should never have been able to buy a house and we don't want to bail them out.

President Obama argues that the plan is going to help people who are current on their mortgages and are paying and doing all the right things, because, if they're living next to a house that's been foreclosed on, then their property values…

It's true that they're going to have more transparency than we have ever had, and there's probably going to be more accountability.

We're going to have to readjust our sights. When we come out of this, we're going to have slower growth and we're going to have to be more prudent with regard to debt.

we have a number of structural challenges that existed before the recession, before the bailout. They still exist. And, in fact, they're getting worse, not better.

What we have to do is not reward bad behavior. Some people should never have been able to buy a house and we don't want to bail them out.

I would argue the American dream is everybody to maximize their opportunities to achieve their full potential and to make sure that the future is better for our kids and grandkids than today. That's at risk.

We clearly have to do something on housing. I mean, we need to do something to try to be able to help those that are deserving help, but not to reward bad behavior.

We need to spend more money, we need to spend it more intelligently. Basically, this is not a stimulus bill. All right? Probably -- maybe a third of this is a stimulus bill. That's why they don't want to refer to it as a stimulus bill…

You are going to need additional revenue; 18 percent of GDP won't get the job done, even if you end up making entitlement restructuring and spending constraint effective. The gap is just too great.

I believe we have a five- to 10-year window of opportunity to demonstrate to our foreign lenders that we are going to get serious about this.

By not having these systems, you don't even know how much has been spent for what, much less what did we get from it and who benefited.