John B. Taylor: “You have Congress spending money that it doesn't have, issuing additional Treasury instruments, debt instruments to…”

You don't increase taxes.

I think it is very important to do something directly about the too-big-to-fail problem.

Bankruptcy reform is essential to addressing the problem of too big to fail.

Simply stated, systems monitored by its own department members, no matter the claims of independent watchdog status, do not and will not work.