If you measure the deficit against the size of our national income, which is probably the best measure of the deficit, that is true. In fact, the deficit measured against the size of the economy is the lowest it has been since 1974. In fact, we now have the lowest deficit of any of the major industrialized countries in the world. Again, I think that is the central reason we have seen this economic resurgence.
Discussing the state of the national deficit and its relation to the economy.
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I urge you to vote for the confirmation of Dave Turk. I urge you to do it quickly.
We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.
It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.
All the talk in the world doesn't matter if you don't actually get something done in the real world.
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