Pete Sessions: “I would say that I do believe we are at a national crisis with our debt. I believe it endangers the Nation, because…”

“I would say that I do believe we are at a national crisis with our debt. I believe it endangers the Nation, because Erskine Bowles, who chaired the Debt Commission appointed by President Obama, has told us that we are facing an economic crisis as a result of the debt in written testimony to the Budget Committee, and he warned that we have to change our course. I certainly believe that is true; and I believe the Rogoff and Reinhart study, affirmed by Secretary Geithner, is correct, that it is already pulling down our growth. I am worried about the future of our country. Maybe Senator Lee will wrap up for us. He just finished a campaign, talking to hundreds of thousands of people in his State. What is the Senator's perception of what we need to be doing at this point in time?”