"The Simpson-Bowles commission, the bipartisan commission, set $4 trillion in deficit reduction as their 10 year window."
"It seems perfectly reasonable, and I think an ordinary American watching this proceeding would agree that you should be able to count the effort we made already toward the $4 trillion."
"I dare say that Republicans and Democrats alike agree that the sequester is not the best way to achieve that deficit reduction."
"Closing the door on that slush fund, I believe, will achieve real savings as we move into the out years."
"I think what the president has proposed is that we want to achieve a net of $1.5 trillion in additional revenue, and doing it in a way that protects middle income taxpayers, but does ask the folks at ..."
"This is not about the politics of envy or class warfare, this about how do we solve a deficit problem in a way that asks for shared responsibility."
"Thank you, Mr. Chairman. Welcome, Dr. Bernanke."
"the question is not whether we should do that. The question is how we do that."
"We must use all the tools at our disposal to help put people back to work."
"To deprive you of the tools necessary to boost employment would be a huge mistake."
"The measures taken by the Federal Reserve...averted 'an extraordinarily severe downturn, perhaps a great depression.'"
"The Recovery Act helped save or create up to 3 million jobs in the year 2010."