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Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may make you feel like you're flying high at first, but it won't take long before you feel the impact.

Raise the taxes, and we find less money in our pockets. Lower the taxes, and we've got more money in those pockets, and we spend it on all kinds of things.

The smartest thing we can do to create high-wage jobs and grow our economy is to keep our focus on education.

We're focused on doing the things that make the economy perform well, and as you do that, reduce deficits, for one, very important; secondly, keep growth rates high, very important.

More than anything, we must do better for our children's education.

But obviously, we're looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it.

Through hard work and education, we can deliver a strong economy and opportunity for all.

Reducing our dependence on foreign energy - that is critically important to America's economic future. Excellence in education - if we're not the best educated, we're not going to be the most powerful for very long.

We can't just cut our way to prosperity. Even as we look for ways to reduce deficits over the long term, we must grow the economy in a way that strengthens the middle class and everyone willing to work hard to get into it.

We should be trying to make education less expensive, not more.