Michael Capuano actually said...

some people in the marketplace, especially some of my friends on the other side of the aisle, like to believe that it is still in existence.

The subsidy is coming because of market expectations that the government would bail out these firms if they failed, period. Those expectatio...

What I am saying is that by a more gradual approach but with more cuts in the longer term achieves both objectives, not slowing the recovery...

I think that is probably the worst advice that is out there.