Paychecks of all americans, not just the wealth of a few. That will be the order of the presentation. Talk about the economic challenge, how current proposals stack up in meeting that challenge and additional action plan that i think that can meet that challenge. So, the economic challenge we face was well captured in the jobs report released last friday by the department of labor. First, there is the good news part of the story. It is very good news. The economy has continued to grow and more americans are finding jobs. Last month, our economy created 252,000 jobs, capping the best year of job growth since 1999. The Unemployment Rate fell to 5. 6 , which meant the Unemployment Rate fell faster last year than any year since 1984. The private sector has now added jobs for 58 consecutive months. 11. 2 million jobs total. Gas prices are down, the stock market is up and the deficit has fallen rapidly. This is all very good news. It would not have been possible without the tough decisions p
Someone came out. He had information of a prisoner, came out. He had information. In some cases somebody goes into to something and the person he comes out and he says ive seen westerners. We had some cases of syrian prisoners been released escaping, seen westerners. Unfortunately, a lot of this wasnt realtime. Most of the time its like a hollywood movie. They slipped through our fingers. We have been in the location a week or two ago. We didnt have definitive realtime information until the hostages began being released. When you talk about fbi its a Law Enforcement thing for them. When they debrief hostages theyre more interested in putting together a case against the hostage taker as opposed to finding the hostage takers trying to get a solution. A problem for People Like Us is that we saw the government, the government and the agency as an iceberg. We dont with so few people above water, above ground and they interact and interface with the other agencies so we did know what was goi
A lot of talk about jobs and this relationship this very bipartisan hearing we had. But i think there is a reason for that and that is that we cant get past the first hurdle how are we going to pay for it. It costs money. Rail, buses, ports, bridges, highways not free. So we are so hung up on trying to do the impossible fund all of those without money that we cant get to what the money will do. We are approaching the absolute deadline, may 31. The construction season is already here. Its 65 degrees in d. C. Today. I wonder if people even in Congress Know that very first bill, eisenhower bill in 1956 had a 13year authorization, because the republicans in the 1950s were attuned to how long it takes to do exactly the kinds of things, mr. Garamendi that your chart points to. And you need an authorization more than a few months or even a few years. 13year authorization. No wonder that those postworld war ii years were the very best years for the American Economy. The states simply cannot ma
A senator mr. President . The presiding officer the senator from pennsylvania. Mr. Casey mr. President , i ask that the quorum call be vitiated. The presiding officer without objection. Mr. Casey thank you, mr. President. Mr. President , i rise today on the day when we are ever hopeful that well be able to complete legislation tonight that will remove the threat of a default as well as to open up the government and to allow us to go forward now with negotiations on shortterm budget issues for the next year and even beyond that. So were im confident that that will happen, well be able to complete most or all of the work tonight. But i think in a larger sense why its vitally important we get this agreement effectuated is because there are an awful lot of people throughout that have been hurting. Hurting for several reasons. Weve had a recovering economy but job growth hasnt moved fast enough, we still have by way of example in pennsylvania over half a Million People out of work at last c
[captioning performed by national captioning institute] [captions Copyright National cable satellite corp. 2013] up next is a discussion on emerging economies around the world in 2013. The house failed to vote on an agreement before last nights fiscal agreement. Have live house coverage at noon eastern. Now the debate on emerging economies like china and india, comparing them to the United States. William easterly debates dambisa moyo, the author of winner take all. This is 35 minutes. There is question about whether they can keep up and whether there is something bigger changing. That is what we will look at in this session. We have two outstanding individuals known for contrarian views on the emerging economies. We will start with William Easterly and probably best known to you for his books, the white mans burden. A very non provocative book as you can tell from the title. The elusive quest for growth. Bill was named one the top global intellectuals. [applause] what is going to happ