01/26/2015
https://congress.gov...
"I think a lot of us would question the efficacy or logic of it being passed through to the consumers, because it counts against the whole notion of the program."
"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..."
"From being on Ways and Means for a number of year now, what ends up happening is we might pass a MedPAC recommendation or two and what we find out is Congress then takes that away because of political..."
"But that means our rates will then go up because people will leave Treasuries, yeah?"