Pete Domenici: “If it is adopted, or something close to it, you will have fixed, in our opinion, a major problem with Medicare.”

I want each one of you to know I am trying to look you right in the eyes and tell you that, in the U.S. Senate, you happen to be the super committee.

I think it is very important, for some of you who have gone through lame duck, to make sure that you know it is not the best choice of an arena to which you would assign the solution of major problems.

But that is compared to current policy--current policy. If we would compare your plan to current law, it is actually a tax cut.

It seems to me that sooner or later something has to be done. The economy is suffering from an awful lot of people not knowing what is going to happen.