Frank Lautenberg: “To be clear, because I think there is perhaps some misinterpretation of what the Senator is looking for, that is pay…”

“To be clear, because I think there is perhaps some misinterpretation of what the Senator is looking for, that is pay down the debt as a mandate of the budget process--pay down the debt, and that is regardless of where those payments come from. I understand the Senator wants to get the debt paid down. But I just want to be sure I am correct in what I understand his intention is, once again to pay down the debt. Regardless, we are going to take $15 billion out next year, and the next year it is $30 billion, and then $45 billion, et cetera, among the first things. That is a mandate.”