We are now in a situation where by putting $2 billion into advanced battery innovation and manufacturing--$2 billion in this country--we have unleashed billions of dollars.
I do not understand why a measure of success is comparing one third grade to another third grade.
The actions of this administration are making things worse.
But that is 19th century tax policy and energy policy at a time when we need to focus on the 21st.
I salute the Secretary for saying, Hey, we have to take money out of the baseline plan.
We are borrowing 40 cents of every dollar that we spend.
we do not just have a spending problem, although we do have a spending problem, we also have a revenue problem.
I do not see any way around, and the question is timing.
Let's get real. Yes, we have to do spending and yes, we have to do revenue.
I think it has been inappropriate for the administration to raise the specter of a default on our debt.
Revenue as a share of our national income is the lowest it has been in 60 years.