11/29/2011
https://congress.gov...
"But certainly we cannot allow ourselves to be in a situation where the debt continues to rise, that means more and more interest payments, which then swell the deficit, which leads to an unsustainable..."
"But that means our rates will then go up because people will leave Treasuries, yeah?"
"this is a worrisome picture. This is a grim outlook for the federal budget."
"We are beginning to create a new entitlement without really actually paying for it."