Whole house and the American People deserve to know how i came to the decision that brings us here today. On september, 11th, 2012 a terrorist attack in libya left four of our country men dead, including our ambassador. Since that time four committees of the house have been investigating these events and those committees have done great work. All of the chairmen and members of their Respective Committee deserve our graditute. Last week a line was crossed in two places. It came to light that the whitehouse did more to obscure what happened and why versus what we were led to believe. Second, we know the instruction defied a congressional subpoena. We sought the full truth and the administration tried to make sure they would not find it. Which means they tried to prevent the American People from finding the truth as well. These views compel the house to respond as one institution and establish a committee that is robust and will do their house work while the house committees on the priori
That there are one time savings where you really have two choices. You can either use that money to reduce the deficit which is a la laudable objective so we dont discredit that as an objective or use it for one time expenses. What you cant do is lower rates as if the one time savings is genuine forever because you would in the next period of time be losing revenue. Thats why the president proposed pairing Business Tax Reform with an infrastructure initiative. I think there is the basis there where youve seen proposals on both sides that have elements of agreement. I think that its something the more we talk about across party lines and with each other the more we have an opportunity to get something important done. Very good. Senator thune. Thank you, mr. Chairman. Secretary lew, nice to have you here. Welcome back. I also want to welcome our new chairman and really look forward to working with him. As chairman wyden mentioned we worked together on a number of issues, Digital Goods an