Simpson Commission News Today

To Work Together for the countries that problem. This hearing is two hours and 15 minutes. [background noises] the hearing will come to order. Todays hearing will examine the need for a fiscal plan. We will hear from former colleagues who have been through these battles and lived to talk about them. Extra special to have my mentor and friend steve who i am now literally serving as chairman and the shadow of his beautiful portrait behind us. And so it is an honor to have you back here in your cha...

Get informed straight from the source on cspan. Unfiltered, unbiased, word for word. From the Nations Capital to wherever you are. To get the opinion that matters most. This is what democracy looks like. Cspan, powered by cable. House and Senate Lawmakers testify on the potential for a Bipartisan Fiscal Commission to address the National Debt and Government Spending. They also talk about the need to protect Social Security and medicare from becoming insolvent and why its important for congress t...

[background noises] the hearing will come to order break todays hearing will examine the need for a fiscal or Debt Commission. Well hear from a panel of experts including current and former colleagues that have been through these battles and have lived to talk about them. In fact extra special to have my mentor and friend steve who i am now literally serving as chairman and the shadow of his beautiful portrait behind us. And so it is an honor to have you back here in your chamber. Sender rob por...

Congress to Work Together to fix the countrys debt problem. This Committee Hearing is about two hours 15 minutes. [background noises] the hearing will come to order break todays hearing will examine the need for a fiscal or Debt Commission. Well hear from a panel of experts including current and former colleagues that have been through these battles and have lived to talk about them. In fact extra special to have my mentor and friend steve who i am now literally serving as chairman and the shado...

Call to order this session of the Senate Budget committee. Good morning and welcome to our first day of the Senate Budget Committee Markup of the concurrent resolution on the budget for fiscal year 2018. Which is focused on growing americas economy through tax policies that put more money in the hands of hard working americans. Before we begin, id like to take a moment to remember one of our former colleagues and a former member former chairman of this committee who recently passed away. New mex...

National debt. I believe your answer to that question was focused on the size of the debt in relationship to the economy. The gdp, which i understand. I understand the argument and i understand the analysis. Its something that we talked about a lot in budget circles over the last few years. The the question i have though is does that really justify a budget that continues to frankly borrow hundreds of billions of dollars every year . And to spend that money in an effort to as you indicated to st...

The president s executive actions that he took late last year would improve the prospects. What period of time . Over the over the life of the individual . Youre not counting the times that these individuals would be drawing their benefits, mr. Donovan. Youre counting a shortterm window in which they would pay in, creating a shortterm surplus of money or additional flow of money, but youre not counting when they draw out. Its going make the Social Security hold deeper. Its going make it harder f...

Senator mccain heard that remark and took to the floor of the sen sat to respond. Mr. President , four brave americans died. It has now been eight weeks and the American People have received nothing but contradick tri statements from all levels of our government. This administration has either been guilty of incompetence or engaged in a cover up neither of which is acceptable to the American People. There are still serious Unanswered Questions about the timeline of events. Remarks in the days an...

The argument over susan rice. If senator graham and senator mccain want to go after somebody, they should go after me, and im happy to have that discussion, but for them to gof a u. N. Ambassador who had nothing to do with benghazi and simply making a prez sentation information she had receive and to besmirch her reputation is outrageo outrageous. If the president thinks that we are pick on people, he really does not have any idea of how serious this issue is. The benghazi battle turning into a ...

On the sidelines of an asian summit, treasury secretary assured partners. China is the biggest holder of u. S. Debt. It holds about 1. 2 trillion. Fidelity says it no longer holds any u. S. Government debt that comes due in late october or early november, around the time the nation could hit its borrowing limit. The nations largest money manager has been selling Government Debt holdings over the last couple of weeks. Fidelity says it expects the debt ceiling issue to be resolved. Thats the good ...