My approach to cutting spending as president, is to do a ten percent across the board cut of all federal agencies, and then ask each of my new agency heads to find another ten percent by drilling down. That's what you do in business to come up with approximately 20 percent cuts for the first fiscal year budget.

No one does a better, cleaner, or environmental friendlier, than the United States, when it comes to drilling for oil, gas, coal, oil refineries and fish friendly hydroelectric.

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In any crass political calculation, drilling for oil will always win more votes than putting a price on carbon. But if I recall what I was taught in fifth-grade American government class, we elect presidents to do more than crass political calculations.

But for the children of the poorest people we're stripping the curriculum, removing the arts and music, and drilling the children into useful labor. We're not valuing a child for the time in which she actually is a child.

Today 80 percent of all the oil that comes out of the Gulf is from 1,000 feet or more and today almost a third of it is more than 5,000 feet below the surface. What hasn't happened is the safety and the ability to respond to a negative event such as this blowout, has been far outrun by the technology of drilling itself. We need to close that gap.