But deficits have now gone on for a decade and a half.
But he said, "The deficit is going to make it hard to ask for a lot."
"But you have to look at what the deficit is going to be and if we can afford it."
"The deficit is going to come down far beyond anybody's expectations," he said.
They only want to be sure that deficits do not go on forever.
While some children cope, the deficit does not go away.
People who really believe the deficit is going to kill them would have done that.
What would happen if the deficit went up by $100 billion more than anybody thought?
"I would not be surprised to see the monthly deficit go above $60 billion by fall, and stay there."
If we're patient, we could see the deficit go to equilibrium in three to four years.