"If we are to keep in place the tax cuts that were implemented in 2001, 2003 rather than allow them to lapse... we would have much larger deficits."
"Thank you, Mr. Chairman. Thank you, Mr. Barthold, for your testimony."
"So now to get back to your scoring, though, when tax cuts are scored, whether they were 2001, 2003, because you do not take into account some of those macroeconomic effects, you also don't take into a..."
"On CBO, when they score investments, when CBO looks at the investment side, investment infrastructure and education, they don't take into account either the positive economic growth benefits of that i..."
"the last time that our budget was balanced was back in the 2001, 2000 time period."
"Let's not duck those realities. Let's follow the advice of the three other bipartisan commissions and go big."
"there are spending issues, especially in the outyears, but there is also a revenue issue."
"I believe we should propose a plan of that size."
"If we are really going to address this challenge, let's recognize that if we don't deal with the revenue piece..."
"the 10-year cumulative deficit is $3.4 trillion."
"The fastest and most effective way to reduce the deficit in the short term is to put Americans back to work."