We have already made $1 trillion in cuts to discretionary spending as a way to begin to approach the deficit.
When you listen to our Republican colleagues, they're talking about exempting defense, they're talking about no revenue.
If we lose that competition, then our fundamental sort of foundation of national security will quickly erode.
States are also trying to deal with this dilemma.
The issue is not that someone cannot file bankruptcy. It is that they cannot discharge the loan in bankruptcy.
One of the major issues, of course, is the escalating cost of college education;
This to me is one of the most daunting challenges that we have to face going forward.
Thank you very much.
That goes to just a quick technical question.
Thank you. That is a very helpful clarification.
And they are not responsible for public programs like Medicaid or anything else.