I just hope--and I will be watching--to see that what you and I might describe as 'significant reduction' is in harmony versus a reduction that is to some degree a reduction, but it is not what we need to do in order to achieve our…

I want to know--you know, obviously this whole purpose of reduction is to get to a certain point, which is to change the regime's calculation.

Every tomorrow is a worse tomorrow than today for the Iranian regime and that our sanctions effort, which is the last tools of peaceful diplomacy, are our best opportunity to try to avert other options.

I think we remain committed to this dual-track policy. We think that it bears the potential to succeed, that through the combination of enhanced pressure and the offer of diplomatic engagement, we can help change the course of the program.

Well, that is diplomatic speak for you will not give me a direct answer that you need more money.

As I know that you know, I have been in the center of the focus on this issue, and we have had tremendous support from all of our colleagues on both sides of the aisle.

A Europe that is economically compromised and increasingly inward-focused could have grave repercussions for these broader issues.

This continuing weakness in Europe clearly has implications here in the United States.

is there a division of time? The PRESIDING OFFICER. The majority controls 20 minutes.

The economies of many European remain quite fragile.

Our cooperation with the EU also has broader national security and foreign policy implications.

This hearing is on the economic relationships between the United States and the European Union.