A failure to act within that period of time could lead to much more serious consequences.

We need a multi-year, comprehensive plan that reduces the debt over the next ten years by, I believe, at least $4 trillion.

the financial sector, without a surety that the financial sector was going to be reined in and regulated and controlled--they did not use exactly those words--financial stability would be the ruin of us all.

Make no mistake. We are at a critical juncture.

I hope as we approach Ronald Reagan's 100th anniversary next week we all reflect on how far from being appropriate for today's reality is that message.

We have to move toward a cash-based system.

It is horizontal inequality.

I did not support the tax deal at the end of last year. That was a big number in the wrong direction.

We can put together a credible, responsible, realistic bipartisan budget plan, and this year we need to finish the job.

I did not see the kind of leadership I hoped for in the State of the Union.

The problem that we run into in a budget context is those bonds that Social Security holds that are real assets.