07/18/2012
https://congress.gov...
"As Nobel laureate Milton Friedman taught, the best single measure of Washington's burden on Main Street is federal spending as a share of the economy."
"I can't think of a more important time to be doing exactly that."
"America will not default on our debt. Nor will the debt ceiling be lifted without addressing the unsustainability of the government's finances."
"Negotiations over the debt ceiling provide both parties with an opportunity to enact a 21st century strategy to put America's finances in order for the long haul."