Chris Van Hollen actually said...

I do think it is grossly irresponsible for anybody to threaten that the United States will not meet its obligations unless we enact somebody...

while it may somewhat reduce the amount of reduce the amount of risk and cost shift to seniors, it does not eliminate that problem.

Thank you, Mr. Chairman. Let me just pick up first where the chairman left off with some of his hypotheticals.

I think many of us believe that the decision to help rescue the financial industry was a bitter pill but a necessary one.