People are increasingly concerned about unemployment, but Republicans have nothing to offer them.

It's obvious that a lot of Tea Party members tend to be elderly. You've seen that famous sign, 'Tell the government to keep its hands off my Medicare.' And I think as long as the government does keep its hands off their Medicare, they're fine with talking about low taxes. But once they start to realize that the Republicans really do want to not just cut Medicare, but essentially abolish it, you know, I just think those people are not going to be part of the Tea Party. They're going to be over with Occupy Wall Street.

Democrats will play the old Washington game of calling reductions in the rate of growth of spending for any program a 'cut'.

So I think we shouldn't be overly concerned about the decline in personal saving at this particular moment and time, but it's something we certainly need to keep an eye on.

With all due respect to Speaker Hastert, trying to eliminate the IRS by adopting a national retail sales tax is a very dumb idea.

The problem we have had on the budget all along is a lack of adult supervision on the part of the White House. You can't blame members of Congress for looking out for their parochial interests. It is the president's responsibility to look out for the national interest.

There's bound to be a recovery in [capital spending] sometime soon. We have had basically no capital investment for about year. At some point, machinery wears out, and you've got to replace it.