Top line, the number is going to have an enormously detrimental effect, and again, why I think we need balance.
Mark Warner
The Public Record
Mark Robert Warner is a United States Senator from Virginia, serving since January 3, 2009. A member of the Democratic Party, Warner previously held the office of Governor of Virginia from January 12, 2002, to January 14, 2006. During his tenure in the Senate, he has focused on various issues including technology, healthcare, and economic development. Warner is known for his bipartisan approach and has worked on legislation aimed at improving the economy and supporting small businesses.
I would argue that there is a perhaps stupid and slightly less stupid way and I am, I think, only digging into some of the--literally some of the absurdities that will take place.
Eighty-three billion dollars says that whatever you are saying, Mr. Chairman, $83 billion says that there really will be a bailout for the largest financial institutions if they fail.
It is on us. We have got to show a willingness to listen to each other and compromise.
Sequestration was set up to be so stupid that no rational group of people would ever let it happen. Yet it is happening.
Virginia is ground zero on this issue because we have such a high preponderance of defense
I have put forward some of those approaches in past efforts, as you are aware, on both sides of the ledger.
I ask you to end the austerity budgeting that led to sequestration and ultimately these furloughs.
I would concur that maybe the defense planning for sequestration was not that good.
Senator Warner had a particular focus as Governor on enrolling children in health insurance.
I very much believe you have to have a balanced approach, revenues, I do believe entitlement reform has to be part of this mix.
We are looking at the top-line number as if it was as rational set of cuts, when in effect this was set up to be the most irrational.
Many of us have cited the Simpson-Bowles report as a guideline that, while not perfect, set out meaningful deficit reduction.
At $16.5 trillion in debt that goes up $3 billion a day, if we were to have interest rates at anything close to historic levels already, we would see interest costs alone on that debt outcourse Medicare at this point.





