Jack Reed actually said...

We have already made $1 trillion in cuts to discretionary spending as a way to begin to approach the deficit.

Reed highlights significant past cuts to discretionary spending in addressing the deficit.

07/24/2012

More Jack Reed Quotes

There seems to be a recognition by all that further transparency is important, to get the data, to get the information.

I guess we will have to bring back the draft, Jim.

I think the testimony has been excellent.

Thank you very much.