Chairman. You talked about managing risk, mr. Chairman. Would removing our only airborne brigade, b. C. T. , in the arctic, or the only b. C. T. In the asia pacific, would that do to our credibility . Would that boles you are our credibility in the arctic or asia pacific with regard to the rebalance . And you talk about risk. It seems to me Vladimir Putin is militarizing this part of the world. If were actually removing force, removing forces, our own arctic trained forces, thats a way to increase risk because we know he views weakness as being provocative. Theyre making a move in the arctic. If we start withdrawing troops, the 425 in particular, i think that heightens risk. Would either of you care to comment on that . General dempsey yes. I think it increases risk but some of the decisions, and youre talking about the army in this case, but some of the choices that the Service Troops have to make in terms of resources, you know, the army is tasked going from 490,000 active where they are today to 450,000 in the next two years. They got to come from someplace. Senator sullivan its inviting a the Congress Says dont do it in the ndaa. But secondly, thats going undermine our ability in the asia pacific. Those are paid comm forces. General dempsey it sounds like you may have insight. Senator sullivan no, i dont. I hope the army wont make strategic blunder. General dempsey we are familiar with the congress telling us no on the reforms we were trying to make. Because we have 1 trillion thats a t, not bambings a trillion dollars less in Budget Authority over 10 years. Weve said from the beginning its a disaster. Senator sullivan thank you, mr. Chairman. I just do want to mention that. If were looking at b. C. T. s going to the area where Congress Said we need to increase forces, having those having our only asia Pacific Arctic capability which as you know, general, you cant develop overnight and our own airborne capability in the entire air asia pacific, to me that would be a strategic blunder and i think Congress Sometimes comes in has broader Strategic Insights that the military has on occasion, not always, but sometimes and this is one of them. On behalf of chairman mccain, thank you for your testimony. Senator reed i want to thank you for your service to the nation and you, general demptiony as you conclude your uniform service. At chairman mccains direction, ill adjourn the hearing. Thank you. Cable satellite corp. 2015] national captioning institute, which is responsible for its caption content and accuracy. ] visit ncicap. Org][br] visit ncicap. Org][br] visit ncicap. Org][br] visit ncicap. Org][br] visit ncicap. Org][br] visit ncicap. Org][br] visit ncicap. Org][br] general dempsey yes. I think it increases risk but some of the decisions, and youre talking about the army in this case, but some of the choices that the Service Troops have to make in terms of resources, you know, the army is tasked going from 490,000 active where they are today to 450,000 in the next two years. They got to come from someplace. Senator sullivan its inviting a the Congress Says dont do it in the ndaa. But secondly, thats going undermine our ability in the asia pacific. Those are paid comm forces. General dempsey it sounds like you may have insight. Senator sullivan no, i dont. I hope the army wont make strategic blunder. General dempsey we are familiar with the congress telling us no on the reforms we were trying to make. Because we have 1 trillion thats a t, not a b. But atrillion dollars less in Budget Authority over 10 years. Weve said from the beginning its a disaster. Senator sullivan thank you, mr. Chairman. I just do want to mention that. If were looking at b. C. T. s going to the area where Congress Said we need to increase forces, having those having our only asia Pacific Arctic capability which as you know, general, you cant develop overnight and our own airborne capability in the entire air asia pacific, to me that would be a strategic blunder and i think Congress Sometimes comes in has broader Strategic Insights that the military has on occasion, not always, but sometimes and this is one of them. On behalf of chairman mccain, thank you for your testimony. Senator reed i want to thank you for your service to the nation and you, general demptiony as you conclude your uniform service. At chairman mccains direction ill adjourn the hearing. Thank you. Cable satellite corp. 2015] national captioning institute, which is responsible for its caption content and accuracy. ] visit ncicap. Org][br] the head of the Homeland Security department jay johnson will discuss cybersecurity facing the u. S. And the protection of government networks. He will be at International Studies at 1 00 p. M. Eastern, live on cspan 2. Next republican president ial candidate senator marco rubio talks about the economy and use of technology and innovation and spoke at the 1871 tech incubator in chicago. Thank you. Thank you very much. I want to thank 1871 for hosting today and all of you for being a part of this. I want to begin by pointing out the fact its been 15 1 2 years since the 21st century ended, the American Century. And it was a century where in which our nation overcame depression led the world against evil multiple times and recorded some of the greatested a vastments in human history, airplanes in the sky boot prints on the moon, the worlds knowledge first brought online and all this was possible because we built what no situation had built before, a vibrant, stable, broad and accessible middle class through which our people drove the affairs of the world. So my parents were two immigrants of cuba with little formal education. They reached the middle class in that century and did so through humble jobs, first as an Assembly Plant for lawn chairs and then my mother went to work as a cashier, a maid, and finally a stock clerk at kmart. My father basically was a bartender for a hotel banquet. They never got rich but my parents achieved the American Dream because through these modest jobs they reached Financial Security and raised a family in a safe neighborhood, they provided for our needs and left their children with lives even better than their own. More people achieve this American Dream in america in the 20th century then at any other time and any other place in human history. But today many jones like the ones my many jobs like the once my parents held no longer provide a path to the middle class. Their job assembling lawn chairs or even the cashier job my mother held has likely been replaced by opinion. Other positions are outsourced or paid the same wage for a decade or more. Most of those impacted lack of qualifications to remove them from going and Higher Education is too expensive and requires to be away from the family. The path to the middle class is farther away today than it has been for generation and the American Dream so many achieved in the last century is now in peril. This hardship is not the result of a cyclical economic downturn that will naturally correct itself. It is born of a fundamental transformation to the very nature of our economy, the disruptions of which have been prolonged and compounded by the failure of our leaders, our policies and our institutions to transform accordingly. There are two primary forces behind this transformation. The first is radical technological process, including the development of the internet, Information Technologies wireless and mobile capabilities, robotics and more. The second has risen partly from the first and that is globalization. From where you sit, you can sell a product to someone on the other side of the world almost as easily to the person to your left or to your right. This has pulled us into competition with other nations for business jobs, talent and innovation. In the last decade not a single industry has been touched by these forces and the disruption triggered a cascade of anxiety. Fewer americans believe in the viability of the American Dream today than during the worst of the financial crisis in 2009. Many punds its and Media Outlets spoke those fierce painting a dreary picture of the future in which automation and outsourcing continue to shatter the American Work force. History is not silent on this subject. It tells us the future is swayed by the actions we take, not by the predictions we make. Generations of americans before us frissed faced equally disruptive periods of innovation. Suddenly machines and automated tasks people built their life around for centuries. Jobs were lost and wages were static and new wealth was concentrated at the top. Doubts and fears about the future were widespread. But then something changed. When our children learn about the Industrial Revolution today, they learn its a period of progress. Yes, jobs were lost but even more were gained and the middle class expanded and thrived and laid the cornerstone of the American Century. How did that generation overcome the challenges . It wasnt through resistance, pushing back against new technologies or trying to resurrect old jobs . It was through adaptation, businesses integrating new technologies and workers learning new skills and leaders leading in a different direction. Todays technological revolution carries extraordinary opportunity. Even more, i believe, than the Industrial Revolution ever did. But weve not yet seized these opportunities nor is it guaranteed that we will. Whether we do or do not, will depend on the actions we take, the leaders we choose and reforms we adopt. For the first 15 1 2 years of the century washington has looked to the past. Our economy has changed but our economic policies have not and weve learned painfully the old ways no longer work, with that washington cannot pretend its the same it was in the 1980s and cant raise taxes like it did in the 1990s and cant grow government like it did in the 2000s. The race for the future will never be won by going backwards or hopping on Hillary Clintons time machine to yesterday. She seems to believe, as many do, that pumping more of todays money to yesterdays rams will bring prosperity tomorrow. It will not. Some willinging small. Hiking the minimum wage by a few dollars will not save the American Dream but accelerate automation and outsourcing. It will not help us balance our budget but snuff out innovation and crush small business. We need in this country a new president for a new age, one with original ideas to unlock the two great doors to the future, the doors of innovation and the door of education. Only through an innovative country can we adopt new technologies to new middle class jobs and only through a Higher Education system can we equip all our people to fill these new and better paying jobs. Prosperity in our time is likely if we act to embrace the future. We have opportunities that have never existed before and a chance to seize them that will never exist again. I come before you to discuss my idea to spur our American Innovation onward and include the rise of the machines will not be the fall of the worker and create a new American Century propelled by a revitalized American Dream and captured by a vibrant middle class. We know this much for certain, in the decades ahead innovation will transform the world and cars may soon drive themselves. Which is good news for me if you read some of the newspaper articles. [applause] who are they giving the red light camera to . Virtual reality nanotechnology robotics and more will impact us in ways we yet cant imagine. Our quites will grow more powerful and bring new capabilities to the masses. The question is not whether inso situations are coming but the question is whether america will produce them and whether our people will share in the wealth they helped to create. So build the best economy in the world we must build the best Business Economy in the world. Right now we have nearly the exact opposite. The United States has the highest Corporate Tax rate in the developed world. We have a tax code that punishes American Companies for competing in the Global Economy and have a regulatory system who stops the businesses from competing against established players. The result of the approach are in. For the first time in 35 years, we have more diss buying dying than being alone. For the third time this year our economy shrank for the third time since our recovery began and the last decade the United States has lost 179 billion of Domestic Companies through foreign takeovers. When im present i will empower own vators instead of punishment and cut our Corporate Tax rate to the average of 25 to developed nations. If wed done this 10 years ago instead of losing 179 billion worth of american businesses we would have acquired 590 billion worth of foreign front. I will also establish a territorial tax dispute. Today when an American Company earns money overseas, it is taxed in that country and the country they earned it in and then again if its property back to america. We are the only g8 country that levies that second tax and the understandable impact is that Many Companies never choose to bring their money back people. Back home. Apple has 171 billion sitting overseas and that money would be an immediate economic boost but apple would be punished for bringing it back, they choose not to. We can 100 invest. And the more they pay their workers the less they pay the government. I will put a ceiling on the amount of u. S. Regulation and what they can cost our economy. Just since the year 2008, federal regulations have topped 171 billion. Many of these regulations are a result of an alliance between big business and Big Government. Hillary clinton has argued the economy is rigged in favor of wealthy interests. Shes right. But what she wont tell you is that Big Government is doing the rigging and a massive regulatory apparatus becomes an instrument for lobbyists to influence it. Government should work to empower and affect the private sector, not to control it. Two months ago i sponsored and proposed a bipartisan plan with senator chris kuhn to modern ice our National Lab System which long has been a leading source of research and science, medicine energy and technology. Currently much of this research is trapped in the Public Sector but my legislation would increase the labs flexibility to partner with a private industry. We must also recognize the interests that need special protection in the 21st century. In its short life the internet has become one of humanities greatest treasures and belongs in the hands of our people, not our government. In the senate i fought to safeguard and reinforce Internet Freedom and dinl tall opportunity and continue that fight as president. I led a Coalition Opposing efforts to seize Regulatory Power to the International Telecommunications unit. I will advance a wireless plan to expand unlicensed peck strum, the highway of the dinl tall age. But the amount made public is limited and the result is a Digital Traffic jab. As president i will reactivate spectrum for public use to create an estimated 350,000 jobs for 500 mega hertz. To win the global competition for innovation we must win the global competition for talent and requires reforming our Legal Immigration system to make it skill and merit based rather than simply family based which will protection American Workers and attract more opportunity to grow the economy and create jobs. Innovation is the first door to the future but even once we pass through it, a second door remains shut in front of us. Innovation will create millionaires and even billionaires and also be sure it creates a vibrant middle class and can only be done through the modification of our education system. As our Technological Capabilities grow well see more low paying jobs replaced by machines but thats only part of the story. With the innovation economy i have just discussed, we also will see the creation of higher paying, higher skilled jobs that only humans can perform and history backs this up. For example, when the power loom was invented many feared it would eliminate all textile jobs and the truth turned out to be opposite. The loom increased production and as production increased so did demand and as demand increased, so did the need for killed laborers who could operate the machine. Jobs in the tech economy increased for 100 years thereafte