Erskine Bowles: “It is only desperate if we do not act. If we do act, the future of this country is so bright, I cannot believe it.”

A balanced, long-term approach to deficit reduction that keeps everything on the table is the only way that we are going to be able to address the deficit.

As a matter of good social policy, these programs deserve to be reformed.

What most folks saw was Washington at its worst: too much politics and very little in the way of responsible decision making.

The longer that we kick the can down the road, the worse the situation is going to get.