Jeb Hensarling actually said...

The major driver of our long-term liabilities, everybody here knows, is Medicare and Medicaid and our healthcare spending. Nothing comes close.

Hensarling emphasizes Medicare and Medicaid as key drivers of long-term financial liabilities.

09/12/2011

More Jeb Hensarling Quotes

I would agree with the ranking minority member that it is a very open question whether Basel III should even apply to our community-based fi...

It is a very poor case for more complex capital standards that do not recognize the difference between large money center banks and our comm...

Clearly, the case can be made that we need more capital.

We cannot solve our problems with the same level of thinking that created them.