If you put a balanced budget amendment on top of that situation, with the mandatory rise caused mostly by health care and demographics, and that is all you do, you squeeze the shor...
I think long-term debt and deficits are unsustainable and are, in fact, burdening future generations and the interest ra...
sequestration was designed to be stupid.
You cannot turn on and off the industrial base.
the sequester is like invading Brazil after Pearl Harbor.
To think that we can solve it entirely by cutting programs that are benefitting people who we made commitments to is unr...
The debt is a problem and the interest rate is a looming serious problem.
When you have to delay a multiyear procurement, for example, you end up paying more in the end.
We have to get control of health care costs, which we spend twice as much per capita than anybody else in the world.
If we are running huge deficits at a time of relative non-crisis and then when we have a legitimate crisis, we do not ha...
I think it is just too easy to say, 'Oh, we are just going to do this for 5 years.'