Susan Collins actually said...

I am troubled that the President's budget proposes to double the debt in 5 years and triple it in 10.

I would argue that the credit default swaps were more like an insurance product.

Worse, the deficit level will be rising--not shrinking--toward the end of the 10-year period, reaching 5.7 percent in 2019.

As a result of the hearings that we held, Senator Lieberman and I introduced a bill that directed the CFTC to establish position limits.