While Resolution 242 was purposely vague about the extent of future Israeli territorial withdrawals, its language on the second component of a future Middle Eastern peace was explicit.
But the component parts -- cutting taxes for middle-class families, cutting taxes for small businesses that are hiring our veterans and hiring the long-term unemployed, putting teachers back in the classroom -- here in the state of Hawaii, you have a bunch of kids who are going to school four days a week because of budget problems.
As I said on the campaign, one component to growing our economy and broadening opportunity for the middle class is shrinking our deficits in a balanced and responsible way.
What we do know, however, going to the CBO report, is that the single biggest component of the so-called fiscal cliff is the middle-class tax cuts that Republicans and Democrats all agree ought to be extended.