Reply #15: Portman (R,OH) now [View All]

[karynnj]

Speaks of too much debt does not create jobs, but uncertainty. (Gee didn't he work for Bush when the 2 tax cuts were enacted)

He says that the goal only reduces the INCREASE in the debt for the next 10 years by 12%. (Wonder what he had as assumptions to create that forecast.) Claims that revenue is at an all time high. (Obviously in absolute numbers - they are at a several decade low)

Becarra (D House member from CA)
Says failure is not an option. Says that everyone needs to listen and not favor powerful interests. Says that they need to tackle the biggest deficit - THE JOBS DEFICIT.

Need to shine a light on loopholes. Says best way to reduce deficit is to get people back to work. Must have balance - must reduce deficit. "American solution"

Camp(R House member from MI)
Too much debt inhibiting growth. About 14 million people out of work with a debt that by the end of the year will exceed GDP. Says both parties to blame and solutions not enacted. (Disturbance - "Jobs now" - I think)