My name is Jane Campbell. I am fortunate to be the president and ceo of the United States capital Historical Society. I just took this job in february. This is my new adventure. This organization has been around for more than 50 years. And we are delighted to have you join us for a celebration of the distinguished history of the Senate Finance committee. We begin the program tonight with the presentation of colors by the United States Capital Police ceremonial unit and the pledge of allegiance. Please rise. Please join in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Right shoulder. Forward march. Thank you. Very much. You may be seated. Our celebration this evening is possible because we have generous support from the bank of america. From grant thornton, allergan , the National Retail federation, the association of global automaker
Sequestration is a place you go when you cant Reach Agreement and you start cutting how we meet the needs of the American People in a very indiscriminate way. Its harmful to children and other living things. Its harmful to our national security. Its over. We avoided a shutdown for the moment. We still have to go through the appropriations process, but the way the legislation was written for bipartisan agreement on any for us to proceed on any extraordinary measures, i think we have forestalled any prospect of a shutdown. Offsets, they wanted overwhelming offsets, we have half of what they wanted. They even wanted more than hat. It was good because what we were offset investments we make in people. And we just werent going to go to that place. Parity, im always fighting for parity. To the extent you increase defense budget, you have to increase the domestic budget. Except this time we got 10 billion more than parity. Our fight was to get more funding for our veterans. That was a constan
Speaker pelosi good morning, everyone. Well, yesterday, we had a culmination of a lot of work over a period of time to pass the caps agreement in a very strong bipartisan way on the loor of the house. Of course, i always want more, but it was bipartisan, and it was a compromise. It ended sequestration. For what that means in the lives of the American People, sequestration is a place you go when you cant Reach Agreement and you start cutting how we meet the needs of the American People in a very indiscriminate way. Its harmful to children and other living things. Its harmful to our national security. Its over. We avoided a shutdown for the moment. We still have to go through the appropriations process, but the way the legislation was written for bipartisan agreement on any for us to proceed on any extraordinary measures, i think we have forestalled any prospect of a shutdown. Offsets, they wanted overwhelming offsets, we have half of what they wanted. They even wanted more than hat. It
Last quarter but not enough to move the stock. Its down right now, higher shipping costs hitting the bottom line and a lot more we will discuss there. Wait until you see what happened during my interview with senator Marsha Blackburn. Varney company is about to begin right now. This is what people want to see done, and i got to tell you, summertime it might be hot but people are pretty happy campers. Charles real quick, you mentioned are you okay . Yes. Charles oh, my goodness. You just never know whats going to happen on live tv. That was my interview with senator Marsha Blackburn from yesterday. A pretty rousing interview to say the least. Going to be a rousing start this morning also. We just got the latest read on the economy. I want to bring in David Mcintosh with club for growth. David, just your initial reaction to these gdp numbers which i should let the audience know, the official consensus was 1. 8 . The wall street whisper number was 1. 3 . Obviously significantly better tha
After labor day. Speaker nancy pelosi briefed reporters about the democrats agenda in congress. Speaker pelosi good morning, everyone. Well, yesterday, we had a culmination of a lot of work over a period of time to pass the caps agreement in a very strong bipartisan way on the floor of the house. Of course, i always want more, but it was bipartisan, and it was a compromise. It ended sequestration. For what that means in the lives of the American People, sequestration is a place you go when you cant Reach Agreement and you start cutting how we meet the needs of the American People in a very indiscriminate way. Its harmful to children and other living things. Its harmful to our national security. Its over. We avoided a shutdown for the moment. We still have to go through the appropriations process, but the way the legislation was written for bipartisan agreement on any for us to proceed on any extraordinary measures, i think we have forestalled any prospect of a shutdown. Offsets, they w