Sheldon Whitehouse actually said...

If discussion of the debt and deficit is nothing more than a leverage point, a fulcrum to attack spending programs...

My belief is that solving that problem with cuts while in a recession has been proven by experience to be a failed strategy.

You have said before, Dr. Elmendorf, that health care is a very big part of our debt and deficit problem going out. Is that still true?

What are we going to do about the $1.2 trillion that goes out the back door of the tax code through loopholes?