Better but not what we wanted them but i would say one of the famous that we have been pretty consistent of the f weiss 60 budget in terms of what were trying to accomplish with this strategy a strategic thought and the amount of our resources and have been consistent where it needs to go but they knew pretty well where we were coming from. So that helped us in terms of the thought process. With those resources that we needed. En to do that charter this is the budget submitted earlier in 2011. But the next line down after it was kind to cut half a trillion dollars out of the plan for secretary gates. And then he rightly suspected and then remember in january 2012 that the deputy secretary with our strategy. And we touchback to where we were we caved in a little lower than that. To have that strategic choice given the new reality of the budget control act so what is that the acceptable risk level. With that area of the line on the top and the other lines on the bottom. Ever since we hav
United states . We have some great champions of Small Business on this stage. I want to work with them and with others to clear out the brush, to get the credit flowing again to get more people with those good ideas a chance to be able to start and grow a business. My dad was a Small Businessman, and i deeply respect that entrepreneurial spirit. Were also going to have to tackle the tax code with all of its inefficiencies and all of it unfairness. I know what a big undertake can that is, but right now, its really stacked in favor of the wealthy. All of the loopholes, the deductions, whatever it is that enables somebody to escape paying their fair share, the wealthy pay too little and the middle class pays too much and i have said, i think the middle class deserves a raise, not a tax increase, and i will not raise taxes on middle class families because they have to get back to where they were before they fell into that ditch of the great recession. [cheering] but you know, if youre thin
Deficits in the out years. I remember our Health Care Costs coming back under control. I learned that the projections of the balanced budget within ten years which would be six years from now. Do you have no recollection of those . Payware that kennedy is projections. Cbo doesnt do projections of resolutions only of bills that are being considered and under the current law. On the estimates weve done sometimes they are putting the assembly of them as the bottom line for the resolution that doesnt come from us. The last time we had a High Percentage was during world war ii. In fiscal year 1945 we grew out of that it be not . What happened after world war ii is the budgets were more or less balanced. In fiscal year 1945. Truman abolished the tax and in fiscal year 194016 produced the income tax rates. He took in fiscal year 46 the federal spending from 85 billion down to 30 billion in a single year. He fired a 10 million federal employees in the deep mobilization and projected unemployme
Enforcement matter in the european union, based on a theory that goes beyond international rules, well allow you to file a lawsuit here and collect the money back. In fact, you can auction off the embassy of the country that sues you. We could do a lot to make it clear that were tired of this onesided debate in which we demand and they give a live, and we give a little more. Because they are threatening to hurt our industry. Its the wrong approach. We need to get much more tough minded. If i could add to that, i agree with the questioner in the main, but i also agree with stu. In the sense of, there is a whole lot of, oh, im shocked that theres gambling in this establishment going on. And there is certainly some hypocrisy, some double standards, and indeed, a lot of the stuff the nsa is doing is doing in cooperation with some of these governments. I dont think that and, also, and again, ive conceded as much, sometimes this is being used as an excuse to justify positions that were alrea
Selfinterest and they are dressing it up in a Data Protection guys, and the only thing that i have ever discovered that they understand is the threat of retaliation, if they go beyond the legal bounds that they have set. That are set by International Trade law. And the u. S. And the u. S. Congress has been reluctant to stand up for companies and say, if you get hit with a case, an enforcement matter in the european union, based on a theory that goes beyond international rules, well allow you to file a lawsuit here and collect the money back. In fact, you can auction off the embassy of the country that sues you. We could do a lot to make it clear that were tired of this onesided debate in which we demand and they give a live, and we give a little more. Because they are threatening to hurt our industry. Its the wrong approach. We need to get much more tough minded. If i could add to that, i agree with the questioner in the main, but i also agree with stu. In the sense of, there is a whol