We've never had a process to control spending in Washington, D.C. we don't have a balanced budget requirement. The Budget act didn't do it. Simpson Bowles didn't do it. So again, I'm manufacturing. If you don't have a good process, you don't have a good product. This process is rushed. We're not going to have a good product. (04:50–04:53)
CLAIM
Asserts that the Budget Act and Simpson-Bowles did not achieve spending control.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.