"I hope you will convey that sentiment to the White House, please."
"I think that is the wrong question, because if you focus on that question, inevitably you end up shifting those increasing costs to either the providers or the beneficiaries."
"we have not done a thing about the debt itself."
"the passage of the budget agreement was miraculous because it did show that we could, in fact, do things."
"Failing to support infrastructure is debt."
"we will never get out of this hole, and I think we are facing a time bomb of interest rates."
"I think interest rates are a ticking time bomb, and if they return to 5 or 6 percent, we would be paying over $1 trillion a year in interest."
"I think the lesson to me of the last few years is it is politically very hard to do grand bargains, but if we keep chipping away incrementally, we can make progress, first, to stabilize the debt and t..."
"I believe that in the long run probably the most lasting and important effect of the Affordable Care Act will be the very subject we have talked about, which is the virtual elimination or certainly th..."
"I think you have articulated an intelligent strategy, which is be careful about short-term, abrupt fiscal changes to deal with the debt."
"I certainly appreciate your testimony and would commend to you three gentlemen to think about is there some mechanics whereby we can not only reduce the deficit but also make a credible reduction of t..."