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And he demonstrated by appointing the Vice President to lead these talks that he is very serious about leading this process to a conclusion that produces serious deficit reduction.
WHITEHOUSE: Press Briefing
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He is voicing a very serious concern "that Malays are not competitive enough both in the local and global market place, " says economist Charles Santiago.
CNN: The New Malay Dilemma
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"It really is very serious, " he says.
FORBES: Open-Source Drug Safety?
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"I realise this is a very serious mistake, " he wrote.
BBC: Bitcoin
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"This is very serious, Joe, " he told retired US Air Force Col Joe Kittinger, whose records he was attempting to break, and who was acting as his radio link in mission control at Roswell airport.
BBC: Skydiver Felix Baumgartner breaks sound barrier
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It still looks very unlikely that Mr Rove is in such serious legal jeopardy that he will have to resign.
ECONOMIST: George Bush and his main adviser are in a pickle
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He said hepatitis A was a "short-term infection that has very unpleasant symptoms but is rarely serious".
BBC: Four schoolchildren have hepatitis A in Swansea
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"This is a very serious winter storm, and we want Oklahomans to stay safe, " he said.
CNN: STORY HIGHLIGHTS
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"There is a lot of evidence that Richard III had a very serious personal faith, " he said, though added it was impossible to know what Richard III would have made of plans for burial at a non-Catholic site at York or Leicester.
BBC: John Ashdown-Hill