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Cost of servicing the debt will increase so quickly and so much that we could very well find yourself in a situation where the current, what we were added to changes vary dramatically. And we can talk about this further if we had the chance. Process alone is not the solution to the problem. You do need policy agreement to make the thing work. However, i think it is important to understand that the policy process can be an important agreement in keeping things on track as we move further. I agree with dave obey if you cant solve the problem, to which you can do. We used to say that back in the 1980s and he was director of cbo. There is one other thing we have to take into context. The budget problem we have now is so large that we make it to the point where we have to deal with fundamental changes in policy rather than simple incremental changes. It may not be possible to shave a little bit off of medicare reimbursement. We have to think very seriously about changing the way the process

United statesSan antonioCapitol hillDistrict of columbiaUnited kingdomChris ullmanGeorge herbert walker bushGeorge bushGeorge h w bushNewt gingrichStella adamsWanda rohmDave obeyTell usLast pointCongressional staff