mr. bingaman: mr. president, the country faces two large economic challenges. the first is growing our economy, creating jobs, getting the economy back on track. the second major challenge is cutting the deficit. i'd like to talk about both of those very briefly. i have four charts here. one that relates to jobs and growing the economy and three that deal more specifically with the deficit. unfortunately here in washington, the debate has shifted almost entirely to a discussion of the deficit. too many people in washington are pretending that our efforts to generate growth in the economy have been accomplished, that it's a done deal, that we have recovered from the recession, we can now focus full time on how to cut the deficit. the facts are that this is simply not true. professor alan pwraoeurpbd, an -- blinder, an economist at princeton, former deputy chair of the federal reserve, testified before the senate finance committee a couple of weeks ago, and he made the following statement: he said the economic recovery is mediocre at best, and unemployment remain