This statement is so frustrating--"chronic deficits" "exacerbating the long term budget outlook" "reduce the capacity of the government to finance"... Just keep backing yourselves further an further into the corner, so you can never support common sense budgetary policy again, or only do so at the risk of having this thrown back in your face. Why not just criticize it for what its real problems are, instead of exploiting the misunderstandings about federal budgetary matters?
http://www.epinet.org/stmt/