"It's a mess. So they're doing what they did in Iraq: spending billions and billions of dollars. And on what? In Iraq the billions went to war contractors, it went to the oil companies, and things like that."
Make no mistake, the essence of this plan is a transfer of power from the Congress to the Secretary of the Treasury, who will have power over a budget larger--larger!--than entire amount spent on the Iraq war so far, with no check on his power.