[And at a Capitol Hill news conference, Treasury Secretary Lawrence Summers warned that huge tax cuts also could have unwanted economic consequences, including higher interest rates, greater inflation and a larger public debt.] The tax cuts that have been put on the table represent a reversal of course, ... Confidence is crucial. It is time for us to make the right and prudent decision. |
[Complacency] leads to much capacity creation, too much extension of credit. That's when mistakes happen, ... Large challenges remain. |
All this suggests a deeper engagement between India and the US. These cultural connections are sure to build more harmony between the two nations. |
An SAT score means one thing if the student comes from an affluent school, where there are SAT prep courses, and a very different thing if the student comes from a disadvantaged background where there was no SAT classes of any kind. |
As damaging as these attacks have been, the vast majority were conducted by disgruntled individuals, ... We face a future, though, where criminals, terrorists or even nation-states may use the same tools in a more organized way for darker purposes. |
As long as we keep our fundamentals strong...the dollar (and) U.S. borrowing costs will do just fine. |
As Secretary Rubin and I have both said many times, a strong dollar is very much in America's national interest, |
But this is a brilliant man. |
By the end of next year, we expect to establish a regular schedule for offering inflation-indexed securities with maturities of five, 10 and 30 years, |
can't fly on a single U.S. engine. |
Certainly there was reference to that (Friday's stock market plunge) but the focus of our discussions was on the fundamentals of our economies, what we could do together to develop and sustain economic growth, ... With respect to the stock market, our focus is not to focus on that. |
China has to make a set of adequate commitments to liberalizing its economy -- commitments that are commensurate to the scale of its economy and to the importance of it in the world economy, |
dramatically simplify record keeping for more than 60 million families. |
Every subject is fair game in universities. |
For these three reasons -- national security, how China evolves, our commercial interests -- I believe that this agreement is very much in our national interest. |