We agreed to keep phasing out fossil fuel subsidies -- perhaps the single-most important step we can take in the near term to fight climate change and create clean-energy economies.
As the Recovery Act funds that saw through many states over the last two years are phasing out -- and it is undeniable that the Recovery Act helped every single state represented in this room manage your budgets, whether you admit it or not -- you face some very tough choices at this point on everything from schools to prisons to pensions.