Of living. The research on standard of living shows unambiguously that trade is great for these reasons. I just make two observations. Trade is great when say, japan is in recession. Japan is a huge economy. If japan werent in recession, it would be a huge economy plus 3 . So the returns arent that different no matter whats going on with japans Business Cycle or any of our trading partners. The second is i think to the extent the world is becoming more chaotic, what does this mean about the returns to trade . I think arg automobilely that raises the returns to trade. We are a world with greater shared interest and this is where formal trade becomes a policy as well. There is greater trade with our neighbors when we have deeper linkages with them, and putting it more bluntly in terms of Foreign Policy, we had a huge effect in russia because we used to trade in russia and sanctions have been quite effective. I think there have been Foreign Policy issues on the table as well. Those are re
There will be a number of questions. Severe drought, expanding Domestic Energy production and aging Water Infrastructure have introduced significant challenges for the state. They have also demonstrated the close connection between energy and water resources. Population growth strains Water Infrastructure. Developing state policies that address these challenges and collaboration with the federal government can help maximize the efficient use of resources and better prepare states for energy and water challenges. Today possible work session will examine how states are responding to energy and water challenges while identifying opportunities for greater collaboration between the state and federal government on these issues. The session will help show why state perspectives are vital for successful regulatory action. Governor malloy, governor malloy and i hope that it will introduce these discussions into the conversation. The fact is states are not waiting for the federal government to d
Senators about this and i think it is time for us to step up as congress and do something truly bipartisan that the people will applaud. We are going to increase by 5 and were going to do it on a bipartisan basis. I would say for the record if there is going to be some conversation about money going to the pentagon i want to i want to be part of that conversation and i want to stick to the rules that its shared equally. We make sure that there is money coming back into the nondefense side of the equation. I hope the administration will take the same position. If we can find oco money lets not do that at the expense of nondefense. I hope we can come to a conclusion that we are going to make our mark in bipartisanship when it comes to biomedical research. Id like to hear any comments youd like to make. We to believe in terms of the number in investments in the choices we need to make in getting the nation to function right now but also preparing for the future right now. Thats why we mak
Condolences to the families of would two hostages one american dr. Warren weinstein and an italian, giovanni lo porto, who were tragically killed in a u. S. Counterterrorism operation. Warren and giovanni were aid workers in pakistan, devoted to improving the lives of the pakistani people. After warren was abducted by al qaeda in 2011. I directed my National Security team to do Everything Possible to find him and to bring him home safely to his family. And dedicated professionals across our government worked tirelessly to do so. We also worked closely with our italian allies on behalf of giovanni who was kidnapped in 2012. Since 9 11 our course terrorism efforts have prevent terrorist attacks and saved innocent lives, both here in america and around the world. And that determination to protect innocent life only makes the loss of these two men especially painful for all of us. Based on information and intelligence we have obtained we believe that a u. S. Counterterrorism operation targ
Here are a few of the book festivals we will be covering on book tv. We will visit maryland for live coverage of the gaithersburg book festival with congressman tom davis and martin frost. We will close out may at book expo america where the industry showcases their upcoming books. And we are live for the printers row literature fest including our indepth program with glitter prizewinning author Lawrence Wright and your phone calls. Vice President Biden delivered remarks thursday evening at israel plus 67th Independence Day celebration. He talked about the long history and friendship between the u. S. And israel. The Vice President touched on the Iran Nuclear Framework agreement, warning that if iran does not follow through with guidelines, there would be no deal. This is about 40 minutes. [applause] our program will begin with the singing of the national anthem. The starspangled banner [indiscernible] the former lead singer of the Israel Defense force band. [singing the starspangled b