Adam Smith actually said...

"Large, immediate cuts to the defense budget would have substantially negative impacts to the ability of the U.S. military."

"Cuts to our Nation's defense, either by eliminating programs or laying off soldiers, comes with an economic cost."

"I worry, just as Mr. Bartlett does, about my children and my grandchild right now and what they are going to wind up being the benefactors of that we do."

"We don't collect enough revenue to cover our expenditures."