These people have been born. They are alive today. They are going to be eligible for Social Security and Medicare.
I served on Simpson-Bowles. In many ways I think your work product is actually somewhat superior to ours.
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 entitleme...
Any prudent person, I think, would say, we are going to have to make some changes.
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 ...
It is incredibly important to the economics of the country that we make further progress.
We need to lower the corporate rate to be more competitive.
When you are borrowing $0.40 of every $1, that cannot continue much longer.
I personally believe we are going to have to reduce tax expenditures, broaden the base.
Since 2005, we have gone down from 60-percent dependent to 45-percent dependent last year.
I will tell you, it is extremely impressive. It is being carefully done.