IT is one of the areas where we waste more money than any other area in the government, except the Pentagon when you take IT out.

There will be no insurance industry left in 3 years.

Private health insurance will be dead in 3 years.

But it is important that we get a bill that causes people to buy into what we need to do on a timely basis.

I would note, this is the fourth hearing on data breach in the Senate this year.

We do not trust them to do what is best for the country as a whole, and we think they are always self-centered.

We ought to be setting a good example on our own cyber within the government.

Had we started out CFATS with the framework that said we are going to bring all the industry together and say how do we best solve this problem--that is not what we did with CFATS.

Well, that is the real answer, because as soon as--here is the problem.

the only way you are going to get it implemented is have some teeth in it, and the only organization that has teeth right now is OMB.

As long as you can keep the voluntary compliance and working relationship on a basis of trust and value, we are not looking at hard regs mandated by the Federal Government.