the President has laid out a proposal that is tough but responsible
a failure of the United States to meet its debt obligations and to make sure that we protect the full faith and credit of the United States ...
the bipartisan commission on deficit reduction recommended against taking deep and immediate cuts
This is a tough love budget. It cuts non-security discretionary spending by $400 billion over the next decade.
I think it is an important achievement that in this budget you reach primary balance by the year 2017 and begin to stabilize the problem.
Some of our Republican colleagues have indicated that, if they don't get their way, ... they would shut down the government.
I hope we don't get to the point where we have to go through that again.
Compromise is not a dirty word. Getting things done requires give and take. We should begin that conversation now.
I want to commend the President for submitting a budget that reduces our deficit, while also investing in our future.
Thank you, Chairman Ryan, welcome Director Lew. I want to commend the President for putting forth a budget that reduces our deficit while al...
And so that is how we got the figure, 1.4, was we took CBO's estimates of what GDP being would be during that year and applied the percent s...