coming out tomorrow. let s bring in senator tim kaine, serves on the foreign relations committee and budget committee. you have it all covered, senator. glad to be with you. welcome to new day. let s talk about this. you are holding hearings tomorrow. will you have secretary of state john kerry there. the obvious pushback is why have a hearing? why not vote already? why isn t this happening? what s your take? look, it s shocking we haven t had a vote the president started this war against isil on the 8th of august. we are four months today into this war. congress hadn t had a debate or a vote. i filed an authorization resolution with an authorization with limitations in september. i have been trying to get a hearing on it. finally we will have a hearing this week, senator menendez our schar has pushed. we will have an authorization on wednesday or thursday. i am glad we are finally there, it shouldn t have taken this long. why did it take this long? some of your brothers or s
background checks. we know that the single most important thing to do to keep americans safer is to make sure that everybody has a background check, and everybody in this country supports it except congress. let me propose something to you. we outlawed machine guns since the 30s, and even the gun rights people live with that one, automatic weapons. suppose i put up a sign on ebay, i want to buy a machine gun, i want an automatic rifle. can you get me one? i ll get you $1,000. can you do that legally right now? you can buy something without a background check under the law, and that s the problem. look, a lot of e-commerce sites are now banning gun sales because they realize it s dangerous. as i say, corporations are stepping into the breach. and that s what facebook and instagram did here. they knew that congress hadn t acted, but they got the message loud and clear from moms across the country who said, you know, we don t want guns alongside postings of birthday parties and
we d live at the budget control act numbers. we promised them we would. we re now two years later, and in this bill we re saying we re going to make up for all this in the last ten years of the next ten-year budget window. how many people would really believe that? you know, we re dishonest with the american public. number two is there s so much waste. there s a quarter of a trillion waste just in the discretionary program in the federal government outlined by the gao. that s not their number, that s mine. the fact is if congress hadn t acted, not one of the things in this waste book that has even been thought about being put into a budget deal. when we have that kind of waste and people making decisions that say we re not going to look at where the real waste, is we re going to take injured veterans and limit their pensions, it doesn t fit, and the american people shouldn t believe us. does this solve a political problem for the politicians? yeah. there s not going to be a blowup for
this matters the most, this is the new reality for our economy is what you know. exactly. you can tie it to the treasury rate. you make sure that students are going to borrow at a rate, much hy higher than banks get. our government is effectively allowing banks to loan to whomever they want and borrow at 0%. they re going to borrow the student at twice the rate of a home mortgage. why not make this the new home mortgage. treat it like that. get the rates lopwer so student don t pay the most, more than banks and homeowners. chris, because of the deal that was cut. they re not going to borrow at a rate higher than your mortgage. that happened because congress hadn t acted. they hadn t done anything. now the key here to understand though is that the student interest rate need to stay low. but if you are borrowing $100,000 and you are a teacher and you are making $35,000, then, whether the interest rate
more than banks or homeowners because of the deal that was cut they re not borrowing at a higher rate than your mortgage. that had happened because congress hadn t acted. right. they hadn t done anything. the key to understand the student interest rate has to stay low. if you re borrowing $100,000 and you re a teacher making 35, whether the interest rate is 3.5% or 6% you re under water. you re going to be under water. we need to figure out how can you come out with less debt in the first place and keep those interest rates low, and that is achievable but to do that, everybody s going to have to work together. families certainly need to help. let me ask you about some of the emerging situations. most recently syria. you ve seen the images. you know the situation very well. do you believe at this point you need investigate in order to say what seems obvious, which is