I think you have it about right with respect to the revenue side of the equation. I think you are headed in the right direction on entitlement reform.

We do not need to throw the baby out with the bath water, we do not need to shred Medicare in order to save it.

And you are talking about a revenue level, in 2022, of 20.6 percent of GDP. Is that correct?

Can I just say in conclusion, Mr. Chairman, to me one of the biggest challenges we confront in Medicare reform is dealing with this risk of cherry-picking.

Mr. President, I come to the floor to discuss the amendment that is pending to kill the Sugar Program in the United States. My colleagues should know that the domestic sugar industry employs 140,000 people in this country. If there were…

We have provisions right now that encourage us to invest, and we need to invest heavily in the Bakken.

We need to lower the corporate rate to be more competitive.

It is incredibly important to the economics of the country that we make further progress.

When you are borrowing $0.40 of every $1, that cannot continue much longer.

Since 2005, we have gone down from 60-percent dependent to 45-percent dependent last year.

I personally believe we are going to have to reduce tax expenditures, broaden the base.