Interest rates on mortgages, bonds, and other long-term debt are not set by the whims of fairies.

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What I can tell you is that whatever pieces are part of the pie -- slices are part of the pie in the CR for 2011 -- will not satisfy the need for broader -- to more broadly address tax reform and tax expenditures, Medicare and Medicaid, strengthening Social Security, and some of the other drivers of our long-term debt.

WHITEHOUSE: Press Briefing

Many other foreign governments and private investors increased holdings of long-term debt in March.

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We are revisiting our estimate in light of the growing European debt crisis, the long-term impact of the trading scandal and other factors.

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But he has demonstrated, as he did with the Affordable Care Act and other measures he has taken, his understanding that we need to address some of the drivers of these long-term debt issues.

WHITEHOUSE: Press Briefing

Brazil should be in a better position to continue its long-term economic growth than most other countries, and is not likely to be affected as much by the euro zone debt crisis, or a possible recession in Europe, which would be a larger problem for countries with economies more dependent on exports.

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