My calculus tells me that me that this year we will hit gross debt to GDP of just over 90 percent.
We are also a major energy State.
If you take on too much debt, it affects the rate of economic growth in a country adversely.
We can't have a circumstance in which dollars, precious dollars that are being allocated for the nation's defense are wa...
It is really hard to find something, I think, that works better than these Build America Bonds.
Nobody believes that that is sustainable.
I believe we were perilously close to that.
In the longer term, we have got to pivot and we have got to deal with this debt threat.
That will fundamentally threaten the economic security of the country going forward.
I think we do have an extraordinary challenge, and the question for all of us: Are we up to this challenge?
I think we have to be very careful not to prematurely reduce the deficit because, in many ways, we are facing what the J...