I wonder how long Americans are going to tolerate empty promises about their retirement security.

The President has disappointed us by presenting us with another budget that spends too much, borrows too much and taxes too much.

I think it could be a major stimulus for the United States if we do it.

We passed that China currency bill last year with 380 votes, bipartisan support.

Agreed. So, last month, Moody's gave us a--they laid out a debt trajectory in which the U.S. Could face a credit rating downgrade by mid-decade.

Which is the long-term trajectory.

Making a multi-year commitment to the principles embodied in the President's Budget will reduce the risk of future crises.

But tax increases affect economic vitality and affect behavior and growth.

This, to me, is a success story. And we ought to, as a Congress, be focusing on the facts and make it work better.

What we should be doing is taking the newfound backbone and accelerating and strengthening them.

I will be offering an amendment on the floor in a while to implement what the administration called for, closing some of these tax benefits to the oil industry.