Political Quotes

“In addition, we have done everything we can, Senator Gregg and I, to ensure a bipartisan outcome. Fourteen of the 18 task force members must agree to the recommendations. Final passage requires supermajorities in both the House and Senate. The President still retains his veto power. Make no mistake, Congress makes this decision and the President must agree. The President has issued this weekend a very strong endorsement of the proposal. He said: That's why I strongly support legislation currently under consideration to create a bipartisan, fiscal commission to come up with a set of solutions to tackle our nation's fiscal challenges. The American people support this effort. In a recent poll by Peter Hart, 70 percent favor the creation of a bipartisan commission. On the question of what is included, we have said everything should be included. Why? Look at where we are. The red line is the spending line. Spending as a share of our national income is the highest it has been since 1950. Spending is the highest it has been in 60 years, and revenue is the lowest it has been in 60 years. Of course, the task force has to look at both. The assertion has been made that the task force would put the bull's-eye on Social Security and Medicare.”