Judd Gregg: “I subscribe to Senator Gregg's emphasis on value-based reimbursement. I think we're making progress on Medicare. It's…”

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.

The Simpson-Bowles Commission...came to the conclusion that on our present path this Nation goes bankrupt.

The classic example of this is ObamaCare. It was pushed through on a partisan vote.

But there is no question that if you are going to address this issue in a way that has substantive impact on the future of our Nation, the prosperity of our children, and our standard of living, it is the second 10 years, and the third 10…