On the recordJanuary 6, 2011
We had to do more on the spending cuts side of the ledger, substantially more, but that we also had to do something on the revenue side if we are going to bell this cat in some kind of fair way.
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congress.govWe had to do more on the spending cuts side of the ledger, substantially more, but that we also had to do something on the revenue side if we are going to bell this cat in some kind of fair way.
Kent Conrad discusses the need for spending cuts and revenue adjustments.
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I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.
All the talk in the world doesn't matter if you don't actually get something done in the real world.
Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…
We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.