I think in order to get Republican buy-in on further revenues you are going to have to do policy changes in entitlement accounts that bend the curves in the outyear in a very substantial way, and make it clear that those accounts are sustainable.
Senator Gregg emphasizes the need for entitlement reform to gain Republican support for tax increases.
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I supported it numerous times. My point there was that there were--a balanced-budget amendment is going to take years to ratify.
But there is no question that if you are going to address this issue in a way that has substantive impact on the future of our Nation, the prosperity of our children, and our standard of living, it is the second 10 years, and the third 10…
Design the programs. Decide how large the government is going to be. Do a tax reform to finance it.
I happen to think that if you're going to do budgets and you're going to pass budgets on a partisan basis, the budget becomes irrelevant.
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