When you're the president of the United States and you know that the biggest issue facing you is this cliff that we're about ready to head over if we don't get this spending and debt situation under control, it's very irresponsible not to take the action that is necessary to fix the problem.

Ethanol reduces our dependence on foreign sources of oil and is an important weapon in the War on Terror. By investing in South Dakota's ethanol producers, we will strengthen our energy security and create new jobs.

The Obama experiment has failed.

It's my preferred working style to have bipartisan legislation. I think what the Democrats have made clear is that they don't want to deal with anything that repeals and replaces Obamacare. I think they wouldn't want to do anything that gets rid of the mandates, which is a big part of our proposal, getting rid of the individual employer mandates.

I think the thing with Medicare - and a lot of this - I should say, with Medicaid - and this is going to depend - states are going to be in a position to have a lot of flexibility.

We must work together to save and strengthen Social Security not just for my father's generation but also for my daughters' generation.

What Medicaid basically does is allows them to choose the two base years that they would calculate current their reimbursement levels on. And they all have per-capita allotments based upon what the states are experiencing today in terms of Medicaid costs. And then those are inflated over the years, the next decade, increased at the rate of inflation. And so they have to figure out how to take those dollars and put them to the best use in the state.