I was pleasantly surprised... when you and other members of the President's Fiscal Commission came out with what I thought was a bold and dramatic and sobering report.

I would say that most Americans would believe that 8.6 percent unemployment next year is unacceptably high, and we need----

We need to find ways to grow the economy, primarily by encouraging the private sector to invest and to expand businesses and create jobs.

Assuming the Federal Government spends $3.7 trillion but only receives $2.2 trillion in revenue, that leaves an annual deficit of $1.5 trillion, correct?

the Federal Government does have a relatively small role, 10 percent of spending, in K-12 education.

$90 billion of tax increases in the President's budget are going to be imposed on the domestic energy industry under this budget.

I hope that we will engage on these issues. The only way we are going to get a resolution of the crisis facing our country is if the President is engaged.

we cannot kick the can down the road.

I hear your answer.

I look forward to working with you on the reauthorization of No Child Left Behind.

Is it correct to say that this proposed budget relies, in part, on a $1.6 trillion tax increase over the next 10 years?