Political Quotes

the government is going to go from 20 percent of GDP to 24 percent of GDP. That spending is the driver, in large part, of the gap that is causing the deficit and the debt which is going to bankrupt the country.

Under Simpson-Bowles we suggested that the goal should be to stabilize the debt at 70 percent of GDP or less.

The key difficulty facing the Congress now, I think, is to legislate or in other ways lock in future deficit reduction.

the problem is in the entitlement accounts when it comes to spending.