On the recordFebruary 27, 2013
Right. And it would drive up the cost of gasoline yet again for all Americans. It doesn't solve the problem; it continues to exacerbate the problem. Our issue is we're facing a difficult moment. But this is not a moment that is manufactured by some sequestration event. This is a moment that has been created by overspending year after year after year. And now the acceleration of debt and deficit and interest payments each year is climbing so quickly that if we don't get on top of it soon, we will not be able to get on top of it in the days ahead. This is not just a manufactured, short-term crisis. This is a serious economic crisis for the United States. And if it is a serious crisis for us, it is a serious crisis worldwide. We have the responsibility as the largest economy on the planet to be responsible with our finances and to get our economy back on track so that the entire world's economy can begin to get back on track.
