"I take it, from looking at both your reports, that you would want tax reform to be done in a way that maintains at least the current progressivity of the Tax Code."
"One of the most effective ways to boost consumer demand would be to extend support for people who are out of work through no fault of their own."
"We think a variety of Government spending programs, if increased, or Government tax revenues, if reduced, would spur economic activity in the next few years."
"if the Congress was to take action to repeal the defense portion of the sequester, all things being equal, that would make the deficit worse."
"Many analysts think that the country should spend more in the area of infrastructure."
"If that were to lapse and that would mean that working people had less disposable income, especially at this point in time, that would also dampen demand in the economy."
"the top 400 richest Americans, all making over $110 million per year and making an average of $271 million a year, paid only 18 percent of their income in income tax in 2008, the effective rate."
"nondefense discretionary spending is shrinking dramatically over the next 10 years."
"Isn't that right?"
"I just don't think--I think people need to take that into account."
"I think many of us view your general approaches here as balanced approaches, balanced frameworks."