[indistinct conversations] welcome to hudson. This is a big crowd. I am surprised, in the middle of summer. Everyone must be seeking some air conditioning. But i think the topic is interesting and i appreciate you being here. Theill talk about intersection of economics and National Security, thinking about competition. As you know across the economic and political military domain and we will spoke focus on the economic side. We are fortunate to have an adjunct senior fellow from the american and for the new security. And the chief Technology Officer geo national he was responsible for technology, r d, and the strategy of the agency. He was also responsible for bringing ai to the agency, which is an accomplishment. Would you know is an accomplishment. Previously he was the ceo of two Technology Start ups and he served with the department of defense and iraq, afghanistan, i think afghanistan . And africa. He has a phd in International Relations at the London School of economics. Theeed m
Beaming this offense to places far and wide and we have an overflow room as well because the Wilson Center is truly honored to host this event. I am welcoming some of our nearest and dearest supporters pretty thank representative jim himes of connecticut will be here or is here. I am jane harman the president and ceo of the Wilson Center. 15 years ago a disgruntled australian contractor hacked a sewage control system in queensland spilling millions of gallons of waste onto public lands it into public waters. All it took him then was a laptop and the a radio. Today our infrastructure is increasingly networked rail switches water mains power grids. Americans lives are more vulnerable than ever to digital disruption. The hacker black market has flourished. You can buy zero days for a song song. A would be cyberterrorist who arent limited in resources anymore. Its creativity. Crafting a secure internet in securing americas place in cyberspace is a huge technical and leadership challenge. I
Infrastructure on the routine basis. Further our adversaries are probing Critical Infrastructure whether chemical plants stock exchanges any type of important infrastructure. And our partner countries that can inflict damage to the Global Economy as well as exacerbate instability in the security environment. What are your specific recommend ages with arerd to increasing cyber capability and specifically how do we compete with the private sector to get the brightest minds and the best engineers and math met igses to want to serve as cyber warriorsen and hands the Cyber Defense . Have you thought about ways to not only recruit and retrain and retable the best and brightest in the fields but also to perhaps develop resources throughout National Guard and other sources. And the panel senator, we did not go into that level of detail we noted the importance of the area the importance of the investing of both defensive and offensive capabilities urged the department to move forward with moder
All of us . You know like most statistics they are all over the place but by any measure there are references to 85 of Critical Infrastructure and the backbone on which we ride whether you are power plant, a financial company, whether you are a shopping center. All of that the vast majority that resides in the private sector. And local government or privatelyowned. That means that the dot gout piece or the dot. Mil that is controlling United States government is a small portion and so we are incredibly reliant for all the services we rely on that are critical in many instances to our life and sustenance whether its a hospital or Financial Bank account you are vulnerable if you are hooked up to the internet. In my brilliant introduction i referred to rails, water mains and power grids. What percentage of this is in the private sector . All of it. Did everyone hear that . Privatelyowned. Its not the federal government responsibility. It doesnt come under the control of the federal govern
Capital gain, youre going to end Chuck Grassley up with much higher, generate. And indeed, thats whats happened when president clinton came in. Capital gains went back in and the rates went to 39 . And seems to me that theres a lot more coherence in a bill with a lower rate that treats capital and labor the same. Thank you, senator. Thank you, both, for coming. I want to start with something you both touched on in your opening statement, but to get more specific, and so ill start with with senator packwood, but ill ask senator bradley the similar question. It deals with the robert bob w. Packwood process of president ial reform. Do you think tax reform would have happened if president reagan had not made tax reform a priority in his administration and a follow on and then isnt it going to take at least that much commitment or involvement from president obama with with his own party in congress to get a tax reform bill enacted and then for senator bradley, could you share your thoughts