Passed for strengthening manufacturing in this country because the wto hobby was violative of the wto. So we try to replace the pen that was also found to be wto violative. So then we passed the present action. At the last minute, oil and gas was placed in the air. It had nothing to do with manufacturing. It was done in the wee hours. We were stuck with days you want a replacement which will have manufactured this country, including oil and gas are you going to vote against the whole dang thing . Accepted a compromise. It has to be extracted talking about oil and gas. Not the last question. Im sorry, francine. [inaudible] everything you run out of tax reform process has been out with a has to measure to make them maybe not impossible, but much less likely to tax reform goes forward this year. Is that basically what you believe . If you could say a word about why tax reform should go forward. What do you see as the upside of that . Im not saying that. What im saying is they think we too
Host how long can that take . Guest you know the regulatory system got a lot better about it because you know cancer, people dont live that long and we dont give up these great discoveries. The agency has been very open about we understand we dont have a lot of time here but if you look in the year to two years and the year for us to develop the trials and then another year for the fda to review it and get it really so its not an obnoxious amount of time compared to therapeutic approval. But we do need translational medicine and regulations that allow us to take Research Discovery faster into the clinic for stage iii and stage iv cancers. With stage i and two we can get those treated well and monitor them. Stage iii and four its almost a hail mary at some point where we are trying to do something for that patient. Host is it expensive, the regulatory process . Guest it is expensive but its expensive because the fda and agencies like that around the world, their job is for Patient Safet
The committee will come back to order. I want to thank our witnesses for being here today, and i think we will move into the questions and answer period. Im going to reserve my question time and i will go to mr. Brady. You all recognized for five minutes. Thank you, mr. Chairman. And a thank you for all of those who are here. Your testimony is very helpful. One, clearly america will pay its debt. That is made clear by republicans and democrats in congress. We always have, and i hope that those who choose to be melodramatic about it can say to gain political advantage, if you would please stop, that would be helpful. Secondly, there is absolutely no chance the president s request to have a permanent, unlimited debt ceiling will kerr. This is constitutional will poker. As we have seen in the past its also been a helpful tool not only on checks and balances but to enact spending reforms and restraints that can be helpful, although in my view have not been helpful as they have in the past.
Effectively to a pretty fundamental delusion, the central bank independence. And not those. Second, our concern is that japan is the Third Largest economy in the world. Pursuing what looks like a deliberate policy of driving down the Exchange Rate that would potentially have destabilizing effects. After all, japan is not a deficit country. It is still like a strong external position. How would you want those two concerns with people outside japan and how they feel about what you are doing . [inaudible conversations] thank you, martin. First of all, you might say that it could undermine the central bank. In the case of japan so far. There has not been any undertakings to share the information that was recovered with the central bank. For the first time we came to an agreement of 2 inflation and the central bank declared that through our own efforts to achieve this ability and in the part of government, in order to achieve growth in the Fiscal Consolidation for both government and the ba
With fewer federal dollars available. Under map 21 texas has submitted six letters of interest and we continue to have open and forthright discussions with u. S. D. O. T. About her projects. They have been good partners to work with and we certainly appreciate their willingness to meet with us and work through the new tifia process. U. S. D. O. T. Was a lot of discretion to evaluate and choose eligible projects under specific criteria. U. S. D. O. T. Is have the authority to weigh and compare the relative merits of projects under the selection criteria and to choose those that scored highest under that weighted scoring system. Over time u. S. D. O. T. Continued at criteria such as livability to the list of their selection criteria and too much discretion seem to be permeating the process and made the the program more about me being subjective as opposed to funding the best projects and older order to meet mobility. Map21 eliminate discretionary criteria as it established a limited set