We think that it's unwise to put into the constitution a mechanism that enshrines for all time a particular way of measuring the budget.

Based on the presentation that we heard today, there are more issues then the last time we sat down, ... It fails to target tax relief on middle incomes as the president's approach would do.

I confess that there are several parts of this Constitution which I do not at present approve, but I am not sure I shall never approve them. For having lived long, I have experienced many instances of being obliged by better information, or fuller consideration, to change opinions even on important subjects, which I once thought right, but found to be otherwise.

They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up.

The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.

It's going to be a very targeted tax cut program that I think is going to make a meaningful difference for American families,