On the recordMay 6, 2009
It's like taking a teaspoon of water out of a bathtub while you keep the spigot on at full speed and the bathtub continues to fill up, the spigot of spending, the spigot of government growth.
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transcripts.cnn.comIt's like taking a teaspoon of water out of a bathtub while you keep the spigot on at full speed and the bathtub continues to fill up, the spigot of spending, the spigot of government growth.
Senator Judd Gregg critiques President Obama's budget cuts as insufficient against ongoing government spending.
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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.
A lot of that economic growth was driven by a bubble, and I don't really think we want to revisit that.
I don't think you can get there without doing what Dr. Rivlin referred to, which is you shift from a utilization system to a qualities and outcome system.