Judd Gregg: “Those two numbers lead inevitably to disaster and cannot be tolerated for an extended period of time.”

the budget process is dysfunctional. That's a generous term for it.

In Hillary's case, it's a big issue, because of her -- because of the challenges that she has on the ethical side. In Trump's case, it's a big issue, because he's so erratic.

I think the appropriate way to approach this is to set the size of the government as a percent of GDP.

I think Simpson-Bowles got it right on this point. We reduced deductions and exemptions so that we generated $1.1 trillion of revenue every year.