And I think over time [Summers will] learn that you just got to be able to control yourself a little bit.

The U.S. can and should remain strongly engaged internationally, because regional instability will not solve itself. But we must choose our tools very carefully, for the stakes do not allow failure. Power is a finite quantity; if we expend it all over the world, we diminish ourselves.

To think that if the federal government will just pass three more laws and somehow that's going to give us more peace and more hope for our young people is such an unrealistic view. It's not the answer.

This is a good budget that will allow us to have the money we need to fix social Security for over three generations,

I was the chairman of the House Budget Committee and one of the chief architects the last time we balanced a budget, and it was the first time we had done it since man walked on the moon. We had a $5 trillion surplus and we cut taxes.

It's not trickle down economics. The problem that the president has is that he's rudderless on the economy. I mean, he doesn't quite know what to do. It's a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need to know where you need to go.