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you need not use a central clearing trading. in addition, if you are talking about a contract that is not a standardized contract that the firm in needs, that is also not subjective the center requirements. there is enormous flexibility built in to the chairman s bill with respect to the need for commercial firms in our economy what we want to avoid is a situation in which the financial sector avoids central clearing and transparency requirements. the want to have a system in which anh bank should be using central clearing and exchange trading. that is important to the safety of our system. it is important for protecting the community banks from large wall street firms on the other side of the deals. there is a central counterparty. we think that is critical not to open up the possibilities. iwas going to point out some differences at the appropriate time, but i d the key race inappropriate point. we ought to discuss this now. room there are not many differences wit ....
we have to get spending under control. if we keep going in our current trap, and 10-years of the national debt will be over $20 trillion. we cannot leave them for our children and grandchildren to pay off. it is like if you give someone a salary of $25,000 and bay co $25,000 to credit card companies, how will they ever dig their way out of that? excuse me. we cannot leave that. if you are a parent, would you go into your child s room and take money that they earned babysitting or mowing the lawn and spend it for something that you thought you wanted? of course you would not. the politicians in washington are willing to do that. that is one of the reasons i am running. thank you. i am proud of the fact that for the six years of bill clinton s presidency i worked in the white house budget office. when president clinton into that office, we had a two and $80 billion deficit. it was projected to go higher. i was proud to be part of the team that balance that budget. ....
it appears that we are making, i think, significant progress on behalf of people with disabiliti disabilities. georgia s department of human resources couldn t segregate two women with mental disabilities in the state psychiatric hospital long after the agency s own treatment. they were recommended to transfer to community care. can you share what the priority is in regard to the expansion of rights of people with disabilities? . this is a situation that occurs in almost every state in the united states. the old paradigm of looking at people who are in institutions was, is the institution safe? are the conditions constitutional? that is an important question, but it is the second question that should be asked. the first question that should be asked is, are there people in this institution who should not be there, who can and want to live in the community with the appropriate support? in every case that we are now doing, we are asking both questions. i get pushed back ....
concludes today s session. please take a look at the workshop schedule for this afternoon. you ll have the opportunity to get in-depth information about many of the issues that we heard about this morning. the 2010 legislative conference is now in recess until 9:00 a.m. sharp tomorrow. thank you. the arizona: assigned an immigration bill that was criticized hours earlier by president obama as misguided. if there is reason to suspect that someone is in the country illegally, they can be questioned. senator john mccain, who is facing a primary challenge this year has threatened to filibuster any legislation that does not secure borders first. tonight, a debate between the three democratic candidates for arkansas senate seat. live coverage begins at 8:00 p.m. eastern here on c-span. after that, a debate between the five republican candidates for indiana s senate seat. candidates include john hostetler and others. but tv is live this weekend from the l.a. times festiv ....