Want to enter a statement for the record from congresswoman bernice johnson. It is our pleasure to welcome michael ware. The floor is yours. Thank you. Excuse me, is your microphone on . It is. A little closer. Members of the subcommittee, a year ago congress reauthorized the federal aviation administration. After 4. 5 years the predictability reauthorization provided was welcome. It allowed us to have greater certainty, and we are grateful to have this committee on this and we have been working diligently to implement the provisions of reauthorization, the one year later we again faced unpredictability. The sequester is looming. I want to make a clear distinction about how sequestration differs from previous Government Shutdowns that have been caused by a failure to pass the budget or a temporary lapse in authorization that took place in 2011. First, almost all of our faa accounts would be affected, and this would affect all employees. We are looking at all options to reduce costs the
This on your car and therefore, the Auto Companies do it and charge people higher prices for their car, that may have a good benefit cost ratio but it doesnt show up as spending the money. So regulations is a substitute and tax expenditures are a substitute for spending. So you would need to have some complementary legislation or safety valve to prevent that you could tighten if all of a sudden the spending cap started to bind and edging into regulation and tax expenditures. The other is when you look at spending, there is this fundamental fact of arithmetic we cant get around that present discount of taxes has to equal future spending plus the National Debt. The government has to pay its bills now or later. A dollar of borrowing now means the interest tomorrow has to be raised to pay off the interest. So with that in mind, its very, very important that the spending caps be reasonable and bind and there is some mechanism by which we dont, even with reasonable spending caps, start conti
Healing on this thanksgiving. Lets go to Jason Carroll who is live at trumps maralago estate in florida. Good morning, happy thanksgiving. Look at that gorgeous sky behind you. It is beautiful. What a gorgeous day here in palm beach. You know, i know a lot of people are waiting for more announcements, but no announcements, brooke, expected today. This is a down day for the president elect and his family. Meanwhile, the president elect is saying its time for the country to put the election behind us. He says its time for the country to come together. President elect donald trump diversifying his administration. Picking two women to fill key positions tapping former critic nikki haley as u. S. Ambassador to the united nations. I will not stop until we fight a man that chooses not to disavow the kkk. That is not a part of our party. That is not who we want as president. She is very weak on illegal immigration. You cant have that. Reporter trump now touting the South Carolina governor as a
Just past the top of the hour, donald trump has addressed the nation for the First Time Since his victory speech on Election Night or election morning. He laid out his plan for his first days in office and he did it really unlike any president elect before him. Instead of a press conference or a live statement, he released a video this evening on social media. Watch. Today i would like to provide the American People with an update on the white house transition and our policy plans for the first 100 days. Our Transition Team is working very smoothly, efficiently, and effectively, truly great and talented men and women, patriots, indeed, are being brought in and many will soon be a part of our government, helping us to make America Great again. My agenda will be based on a simple core principle, putting america first. Whether its producing steel, building cars, or curing disease, i want the next generation of production and innovation to happen right here on our great homeland, america.
Apparently wait. We learned trump is going ahead with his meeting with the New York Times. Just a few hours ago, he had canceled it. The headline so far today, the biggest headline i should say, is that the Trump White House will not pursue an investigation into Hillary Clintons emails. Thats despite months of candidate trump mocking crooked hillary and reveling in his supporters chants of lock her up. Cnns Jason Carroll live outside of trump tower, good morning. Reporter good morning. A number of reporters i spoke to over the past several months were really encouraged by the idea of donald trump going after Hillary Clinton clinton and this idea of him appointing a special prosecutor to do that, but it looks like now that is not going to happen. It was back in june that trump first mentioned this idea of Hillary Clinton going to jail and then it was in august at a rally where he brought up the idea of appointing a special prosecutor to do it, but now his Campaign Manager says that idea