On the recordJanuary 27, 2010
I have just gone through an exercise to get the deficit down to 3 percent of GDP by the fifth year of the budget period and to balance by the end of a 10-year budget window.
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congress.govI have just gone through an exercise to get the deficit down to 3 percent of GDP by the fifth year of the budget period and to balance by the end of a 10-year budget window.
Conrad emphasizes the importance of addressing the deficit and budget balance.
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It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
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.
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.