These spiritual attributes that your name will be glorified throughout our nation and world. As our senators dedicate their lives to obey your precepts, direct them to your desired destination. Lord, give them a faith that will not shrink when at times they cannot see clearly the road ahead. Help them to place their total trust in you. We pray in your holy name. Amen. The president pro tempore please join me in reciting 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. Mr. Grassley madam president. The presiding officer the senator from iowa. Mr. Grassley i ask for one minute in morning business. The presiding officer without objection. Mr. Grassley imagine the people of the United States have been able to follow the demonstrations in bella rouse in opposition to the president declaring victory, since alexer chankov has con sol dated con
Enough already. Is that a good headline . I think so. What was the geoff and i who are opposite of people obviously can be. Are annoyed of watching anywhere in washington on anything. And our boys who runs fortune since there wasnt going to be resembling he would commission the people to propose solutions to we sat down and wrote it. Host how did you go about it . Guest it was pretty simple. We decided the smart thing get off the premises. Two of us went a couple of blocks down six avenue new york had lunch by ourselves. We went through the big issues here and we found that, you know even though we dont agree, as alan said, we come from opposite perspectives here. We were able, in a short time to reach general agreement on a few principles that were the biggest and most important ones. You know, the larger point here is that within washington, and look, a lot of people know it. At love people dont. Within washington, theres broad agreement what the financial problems of the country are
Administration never expected to be the same position of allies around the world accusing it of illegal activity frankly needs to go to the same effort now and the rules would be to say its not to stare at the treaty. This is too difficult to negotiate a treaty, but to agree on legal principles such as a country can use lethal force against a terrorist in another country whose threat and attack if that country is unwilling or unable to prevent that thread. In most cases around the world, the countries are able to prevent that thread. They can arrest the person. But in four or five countries, yemen, somalia, pakistan want to get countries around the world to acknowledge the United States right under International Law to use force to kill someone in another country who is posing a threat when it cant be addressed in another way. We can get there, but theyre just not going to agree to our position unless we go through Aggressive International legal diplomacy. Its a great kind of questions
And new guidelines on Cyber Security. Well get to jack lews confirmation in a moment. First the cbo director Douglas Elmendorf testimony. He warned of the sequester could cost 750,000 jobs. Could you tell me in terms of the negative Economic Impact of the sequester, the. 6 , what does that translate in point of lost jobs . Our estimate is that the sequester alone would reduce gdp growth this year by zero point six percentage points. It would lower that gdp at the end of the year. We think that would reduce by about 750,000 jobs. 750,000 jobs between now and the end of 2013, right . Right. That is a whole lot of jobs. We should be working overtime to prevent that kind of job loss. If you were to replace the deficit reduction through that austerity program, the cuts to the sequester with a plan that accomplishes the same amount of deficit reduction spread over the 10 year period, you would not have that hit on jobs . Right. Our analysis, the republican leader, mr. Cantor had it right las
I was a wide eyed congressman and he was a top aide for house speaker, tip oneill. We became friends. He taught us a whole lot. I know that tip a tremendous influence on jack. It is clear that he shares the same work ethic and sense of duty. He shares another thing bipartisanship. Speaker oneill was renown for sitting down with president reagan and trying to work problems out. Jack was heavily involved in that and continues to be. He is a bipartisan person who wants to be successful at working with both parties. You mentioned the issue with trust. There is no straighter shooter than jack lew. He is one of the most honorable, honest, and decent men in washington. When he gives you facts, they are backed up with research. From the time i knew jack when he started in tip oneills office, he would always outline both sides of the argument and give each without bias. He would tell you where he came down, but he always let you make your own judgment. That has propelled him to an extremely suc