Secretary hagel, you have my first two minutes, and general dempsey, you get the next two. So for secretary hagel, theres been no discussion yet of the oco request for 15, which is 5. 6 billion. Wondering not whats in it. We have some information on t t that. But what do you know about a current 2014 oco request through the end of the c sflshgs whats in that and why do you need additional 5. 6 billion in 15 give than theres authority for you at least through the cr for 2014 money . Well, the quick answer to your question as to why do we need additional, as i have noted in my testimony, part of that new additional money, the 5 billion for defense, is for a new train and equip program in iraq. When we had the budget hearings when the original oco submissions were made months and months ago, that wasnt the case. So it is a new and sustaining, and sustaining effort. The other the other dollars are for the continuation, which we didnt have six mos ago either, of our efforts in syria and ira
I think its also clear that assad, because of how he has governed, has brought this astounding instability on himself, on his people, on his country. And it has allowed groups like isil, al qaeda is still there, other terrorist organizations, to be strengthened for obvious reasons. But just alone dealing with assad, where we are now, maybe two years ago, three years ago, thats not going to put isil back in the box or the feet beginning with degrading or defeating isil. Assads part of the equation, of course. But when you look at what isil dominates now, the swath of control they have, eastern syria, much of north and western iraq, you can change assad today, and thats not going to change all the dynamics quickly, certainly, and in syria. But who are you going to replace assad with and what kind of an army would take on isil . So, yes, assad is part of it, yes, it is the longerterm part of this, defto find a stable government, leader ys syria to be able to bring some stability to that c
Theyre pushing towards baghdad and the pentagon is sending rockets for defense. But fox news reports theres no review on the way on how to defeat isis. So that is where we stand on this thursday morning trouble at home and abroad. Varney company is about to begin. Ill be honest with you with it is beginning to look like a. M. Not going to get the tonights show. Ill tell you Something Else im sick and tired maybe paul you get a little of this. What are you going to do now that you retired what are you going to do now that youre retired . Well, okay. All right you want to know what im going to do now that im retired by god i hope to become the new face of scientology. [laughter] i wasnt expecting that. David letterman says goodbye after 33 years more than 6,000 shows. All right hes the funny guy, great career, dont like his politics much. I think he was almost forced to retire because he doesnt have a grip on social media. Social media also the demographic of the audience are changing ex
Guests. Reporter in london with news from europe. Gunmen on the loose in pairs after shootings at a major bank. Plus Angela Merkel said trust needs to be rebuild with threbuilt withthe u. S. Over theg allegations. The extent of typhoon haiyans destruction is becoming clearer ten days after the storm in the philippines. The death toll has been put at 4,004,000. Distribution of aid has been hampered by logistical problems, and the quality of the food is questionable. Reporter this question is part of palo city. Resident after resident told me of their ordeal. Dramatic stories of survival have become commonplace. Everyone is in the same position. Traumatized by their same experience, thankful to be alive and worried about the future. For now just getting enough food to eat for a few days is the focus. Aid is coming through but people hearsay its not enough and its nat always good quality. We survival the calamity, and were about to eat this rice. But we have no medicines, we have no hospi
And are closing in on oil refinery, thousands of miles from wall street the impact here in the u. S. It clear. Stocks have been plunging and the price of oil surging. As more regions of iraq fall into the hands of insurgents there are calls for the u. S. To intervene in the crisis as fears that the uprising could spread beyond iraqs borders. Three years after american troops have pulled out of iraq government officials in baghdad now are asking the u. S. For assistance in containing the rebels. But president obama has made no commitments and says he is looking at all options. I dont rule out anything. Because we do have a stake in making sure that these jihadists are not getting a permanent foothold in either iraq or syria. Meanwhile, the violence is heightening worries about the supply of oil and a spike in energy prices. Lets look at the closing prices today, Brent Oil Futures climbed to 113 a barrel today. The cost of west took crude jumped more than 2, hitting the highest price of