Onwsmakers this week represents the First District and chairman of the Republican Study Committee. Welcome. Two reporters with us. Jake sherman of politico and paul kane of the washington post. Just saw you passed a resolution to keep the government open until mid december. You have this language stripping obamacare funding. Even ted cruz has admitted that when it goes to the Senate Harry Reid has the votes and is probably going to be a post to be able to strip it and send it back to the house. You have 48 hours or so to decide what to do next. What do you do next . The first thing we do is pass a bill over to the senate that keep government funded while also defending the president S Health Care law along with the full faith and credit act to ensure the fault is not an option for a nations debt. Is not an option for a nations debt. If you look at all of the problems that we hear across the country about the president S Health Care law, this is an unworkable bill. It is so unworkable t
Discussion about about inflation and concerns and i know senator shelby asked you some questions about quantitative easing. But we addressed in your confirmation process the concern about markets overheating and longterm zero Interest Rate policy. Maybe the threat on the front end isnt inflation. Maybe it is instability in the financial markets. Im wondering if youve refined any thinking about how you may address that should it occur. Well, senator, i agree that an environment of low rates, low Interest Rates, especially when it p prevails for a long time, and we have had a long period of low Interest Rates can give rise to behavior that poses threats to financial stability. And therefore we need to be looking at that very carefully. And we are doing so in a very thorough way, i believe. There are a number of things that we are monitoring. Measures of asset prices and whether or not they appear to be diverging from historical norms. Namely its hard but trying to spot any asset price bu
It is the only way there could be a breakthrough. It is to challenge orthodoxy. Competition is fair. People have a right to practice their religion and decide their future. These are universal values. They are not unique to americans. I believe there is no exception to the universal desire for freedom. The issues that young people are seized with all across asia in the world, corruption, land rights, pollution, food and product safety. These are all fundamentally linked to openness and transparency and greater rights and freedom. No nationle opinion, has two. The exact system we have. Has to exact the same system we have. To makeful hard significant Technological Breakthroughs where orthodoxy is the norm. The very things that have made a such a prosperous and ,nnovative nation are openness a change of ideas, Free Enterprise and liberty, all which have their downsides. As he have recently seen in boston and other places, they have downsides. Would not trade them for all the world. They
Conservative organization that had a was improperly selected for further review is not going to get an audit. I cant give you anybody that blanket assurance. In fact, it would be inappropriate. The fact that whatever your difficulties were with the irs in the past doesnt mean youll never get a legitimate audit. Thank you, sir. Mr. Crowley . Thank you. Sir, if you would enter into the record a reuters article entitled conservative republicans, the irs defends. Can you get copies to the members . Yes. Thank you. Without objection. Commissioner, welcome. I suspect theres been a bit more drama here than you anticipated. Maybe not. Identify been around a while, so its drama im used to. Glad to hear youre a big boy. I appreciate that. Well talk about that in a moment. But with the chairman of the full committee coming down this morning and dramatically delivering to the committee what would appear to be new emails but, in fact, are old emails that have been gone through over and over again,
I thought i heard why after 60 years someone would want to know or question why they would recover the bodies . Anyone that thinks like that, i have very low opinion of. The American Fighting man all the way from the civil war, revolution rework to current has given everything for this country. If we cannot give something back, we need to shut it down. Im sorry for the negative comments. Host thank you. That will be the final comments for todays program. Lacy rourke with the National League of pow families and Juana Sommers a politico have an hour,guests. Said if i met Federal Reserve chairman ben bernanke testifies before congress about the economy and Monetary Policy. That she was a ghoulish is subject for a biography when it donned on me that he had been at abraham lincolns bedside but also at the bedside of William Mckinley in 1901. Who could this fellow be . When i opened the archive, i realize what a rich subject it was. Has two bookends at either end of his biographical shelf. L