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You can also have a rapid unraveling, and that is a panic. 2008 was close to a panic. I dont believe we have fundamentally fixed all of that. I believe there is still enormous debt. There could some day be an instantaneous recognition that something is seriously wrong here. The country is no longer producing like it did and has enormous debt. I hope that they doesnt calm. Defend that off, we need to bring it into balance. It is a simple proposition. You only spend what comes in. The rest is common sense. If you did that, that would be so radical that everybody would say you cant do that. When ...

You can also have a rapid unraveling, and that is a panic. 2008 was close to a panic. I dont believe we have fundamentally fixed all of that. I believe there is still enormous debt. There could some day be an instantaneous recognition that something is seriously wrong here. The country is no longer producing like it did and has enormous debt. I hope that they doesnt calm. Defend that off, we need to bring it into balance. It is a simple proposition. You only spend what comes in. The rest is common sense. If you did that, that would be so radical that everybody would say you cant do that. When ...

We appreciate you coming and taking the time in your thoughtful testimony. Youre looking forward to answers to what should be a number of interesting questions. Members of this committee, it should come as no surprise that the security of our borders been a top priority in this committee. In november 2015 we published a report the state of americas border security. We have copies, so any new members are all members emma i would be happy to give you one. We have learned an awful lot. I would ask that my Opening Statement be entered in the record. I will take silence as a consent, thanks. I woul...

We appreciate you coming and taking the time in your thoughtful testimony. Youre looking forward to answers to what should be a number of interesting questions. Members of this committee, it should come as no surprise that the security of our borders been a top priority in this committee. In november 2015 we published a report the state of americas border security. We have copies, so any new members are all members emma i would be happy to give you one. We have learned an awful lot. I would ask that my Opening Statement be entered in the record. I will take silence as a consent, thanks. I woul...

This hearing will come to order. I would like to welcome general kelly. It should come as no surprise that the security of our border has been a top priority of this committee. A top priority of this committee. In november 2015 after about 13 hearings and three round tables we published a report if state of americas border security. Weve got a bunch of copies, so any new members or old members that didnt get a copy, id be happy to give you one. Weve learned an awful lot. I would ask that my Opening Statement be entering into the record. Ask for consent for that. No objection. Ill the take sile...