That they developed more easily to their allies but they will be able to import from russia and china the technology they need for icbms or surface to air weapons and so forth. Ambassador burns. There is no question the iranians were trying to split the p5 in the last week of the negotiations with this proposal. Point one. There is no way we could have accepted this, so i was trying to dive through the details coming over here, if we can maintain the u. N. Weapons and embargoes for five to eight years, thats good for the United States. Hold on, five to eight years they in ten years they are going to have the capability for undetectable breakout, ten years plus under this agreement. Why would we want to agree to five years lifting and eight years for the russian transference of that capability . Why would the United States sign off on such an agreement ambassador . I am not here of course to represent the administration i am just a private citizen. This is a painful tradeoff and i would
For them to tighten it up a bit. I think secretary muniz you certainly have got confidence in it my time has expired. But i would say to the chairman its incomprehensible that we didnt have full access to that. Senator nelson. Thank you, gentlemen, all. Thank you for your public service. Mr. Secretary lou, i want to go down a different road. We have heard so many different commentaries about how much of a winfall the sanctions relief would be for iran. We have heard 100, 150 billion, the chairman is speaking of 50 or 60 billion. You tell me if this is correct, that basically sanctions relief of what has been withheld is about 100 billion, but in that 100 billion there are contractual obligations of iran to pay some 50 billion, and therefore, the net that would approximately come to iran would be about 50 billion. Is that somewhere in the ballpark . Senator that is roughly correct. Im happy to walk down the numbers to the best of my knowledge you dont need to. Im trying to get concepts
Will unlikely to ever. And well continue to stand alongside them. The may 2015 joint statement following the u. S. And Gulf Cooperation Council or gcc meetings at camp david provided a road map for how the administration plans to proceed. Critics of the vienna agreement point to flaws related to irans missile capability and support of terrorist proxies across the region. The camp david statement outline ours commitment to enhancing Ballistic Missile defense capabilities of the gcc and improving their operability to enhance defense. It sates well be increasing training and exercise engagements with gcc special Operation Forces developments to better defend against iran. These are important efforts i look forward to hearing about today. One final point. These negotiations focused on denying iran a pathway to a Nuclear Weapon. A nuclear iran would be a more Formidable Force in the region. And as it has repeatedly demonstrated, not a force for peace and stability but one that invokinge ing
Was the white house aware an indictment was imminent you flew on air force one with the president to philadelphia or criminal Justice Reform . No squl sgl and on the minimum wage, 15 minimum wage im wondering if the white house is willing to support 15 minimum wage. Jordan president obama has made clear eight years since the federal minimum wage increase last passed that action by congress to raise the minimum wage is long overdue. In a previous state of the Union Address we suggested congress raise the minimum wage to 10. 10. More recently we supported legislation by senator congressman scott raising wage to 12 an hour by 2020. Theres a number of proposals pending before congress. We just want them to move on one that we believe that despite this president s leadership in bringing this country out of an economic downturn that we havent seen since the great depression, that despite the longest stretch of private sector job growth in our nations history that wages have not grown fast en
Are looking at Hurricane Harvey. How as a weekly did we plan for this coverage . We were going to wait to see what the storm was like because when we were planning over the weekend, the storm had not hit. By sunday it was clear that it was a huge disaster. Peter was back from vacation, he is an economist and he can take almost any story and look at the economic angle but also a human angle. He was perfect for this. There is another story. Chris has been doing work with fema and reporting on National Building codes and how a place like houston and texas in general are allergic to building codes. The combination of those two, the economy in houston and how things are put together, the cando attitude, but, lets do anything we want to do, and how this patchwork of Flood Control came together, and then there is this attitude about building codes. We dont like building codes. Carol ive got a lot of family in texas and i love them dearly, but they do things their own way. [laughter] oliver i