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Half of our borrowing comes from china, japan and other countries, they won't lend us the money at these rates. and we will have a debt crisis and have to respond rapidly to appease the bond markets so we can avoid a catastrophe. that means cutting benefits to current seniors, raising taxes, which slows down the economy, which is what europe is doing. we are trying to prevent that crisis, get our spending under control, balance our budget, prevent the debt from getting out of control and reform the tax code to create jobs and get people back to work. economic growth, spending control and entit...

Promises, the bond marks turn on and you have a debt crisis, slowing down the economy, having a lost decade. we are halfway through a lost decade because of this president's policies. if we stay on the path we are on, we will have a lost generation and i feel we will have that kind of a debt crisis, which is avoidable! what our budget shows, you can prevent that from happening, we can get the economy going and get people back to work. we get this budget balanced and the debt paid off, but we need a new president and a new senate willing to lead with us. we proved yesterday wscott walker's vict...

Testify to the budget committee are saying is we've got about two years before we have a debt crisis like europe is experiencing. what's going to happen, like europe, politicians have made the empty promises which turned into broken promises, the bond market has turned on you and you have a debt crisis, cranking up taxes, cutting benefits for current seniors, slowing down your economy, having a lost decade. we're half way through a lost decade because of this president's polices. if we stay in the path he's on not only will we have a real lost decade but a lost generation and i fear we'll have...

Promises, the bond marks turn on and you have a debt crisis, slowing down the economy, having a lost decade. we are halfway through a lost decade because of this president's policies. if we stay on the path we are on, we will have a lost generation and i feel we will have that kind of a debt crisis, which is avoidable! what our budget shows, you can prevent that from happening, we can get the economy going and get people back to work. we get this budget balanced and the debt paid off, but we need a new president and a new senate willing to lead with us. we proved yesterday wscott walker's vict...

President obama's policies that are responsible for this, i do absolute al free with you on is that ordinary americans are not feeling better stronger and faster. they are still feeling a lot of pain at the kitchen table, at the gas pump. even though we disagree at the source, that pain could be used by republicans. >> unemployment 8.2%. black unemployment 13% in some cities, 20% in other cities. is it a case that american corporations, maybe americans themselves individually are not doing that particular well. but they will get better as the -- recession is two years old, but it will get bett...