Judd Gregg: “First, I am going to object, and then I will yield. But I will not yield on my time. I will yield on the time of the…”

Your careers may end happily before the reckoning. Your reelections may not be threatened by your inaction. But your consciences should be.

the policies behind getting these numbers under control are extremely difficult politically, because they involve very tough decisions.

Yes, I do. And it's driven by people being concerned about carbon emissions and global warming, and common sense taking hold.

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.