Chuck Schumer actually said...

The nature of the problem really is known certainly to people in this room.

Well, after years of talk, it may well be that the time for change has finally arrived and we will have bipartisan support.

But in the short term, we had better be careful not to snuff out this nascent recovery by doing too much cutting.

This very moment is not time to radically reduce our spending or raise our taxes because the economy is still in a recovery mode and needs t...