Kent Conrad actually said...

we do not just have a spending problem, although we do have a spending problem, we also have a revenue problem.

Just because you call something an investment does not make it so, certainly not a good investment.

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 w...

I think it has been inappropriate for the administration to raise the specter of a default on our debt.