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Conservative. And if you look at the size of our budget deficit go back about six years budget deficit peaked out at 1. 4 trillion. And its been coming down since then. Its down by about 2 3. But we still have a big deficit by historical standards. And we need to continue to work on that. Three things, i think, we need to do. We need tax reform that lowers the rates, broadens the base and helps raise money for deficit reduction. We need entitlement reform that serves old people, poor people, fra...

Which is massachusetts, and ive been talking to some of my colleagues from massachusetts. Would you agree with that . I think also oregon has a pretty good standard. There are elements of other state laws you may not consider specific data laws. A pretty High Standard . It is a pretty High Standard, yes. Thats the starting point for us. Theres been some discussion about the Standard Energy in commerce. Would you say its a higher standard than what our bill would propose. Our standard is a reason...

It. I said in the opening comments that the preemption should not have the unaintended consequence raised outside the bill. We would certainly be willing to make that plain. Miss moy, you said i thought i heard you say that we shouldnt have 50 different standards is not the answer. Is that what you said, or did i mishear your comments . So what i have said is i think the best for consumers would be to create a floor, not a ceiling so that states can continue so set a National Standard and then a...

The security implications of extending the Nuclear Agreement with china. Federal investigators say that the amtrak train that crashed in philadelphia on tuesday night killing at least seven people was traveling at 106 Miles Per Hour before it ran off the rails along a sharp curve where the speed limit is just 50 miles an hour. More than 200 people aboard the washingtontonew york train were injured in the wreck. Lawmakers gave their reaction during hearings and on the house and senate floors. Wer...

Congresswoman maloney no. The standards have been flexible. I think congressman nugerbauer and congressman carnie have done a good job in doing the same thing in their bill, which is to say, were going to have standards and were going to allow them to be scaled. I think thats a good model. In other words theyve worked well and they wont be too burdensome for smaller institutions and retailers. Id also like to know your feelings about the having a minimum or a floor standard. I know that californ...

What im going to do is flip that question and ask each of you to give us an idea or two about some things that dont work. And that we really shouldnt do that. What are some things you think that dont work . Especially in the day and age we had all the money in the world. We dont. We have a lot of debt and were going to get in more. What are some things we ought not do, you dont think they work. Theyre not worth the money . Mr. Hollis . Good question, sir. Im full of them. Thats my best one today...

Of the future. Weve adopted that as a way forward. We interact quite a bit with leadership and Law Enforcement, and the stone Garden Program that Congress Gave us several years back after the department was created is a very useful tool for us and is very well thought of by state and local. Could you give me your assessment of Border Security in the indian reservation, for example. I dont want to single those out. With the reservation compared to others, areas on the northern border, would you s...

In, i believe, five in between 2005 and 2008 and that certainly assisted Border Patrol in expeditiously constructioning hundreds of miles of fence along the southwest border. There were legal challenges brought to halt certain border projects. But when dhs would show Waiver Authority, the courts would dismiss those challenges. I will note it is not absolute. Besides the constitutional limitations, you cannot waive the constitution. Another thing is that it refers specifically to the construction...

Some say the days of our Economic Growth are numbered that soon there wont be enough basic raw materls. Are the prophets of doom correct . This has been americas century. Giant steps of Economic Growth have taken us from the auto age to the space age. Our Real Gross National Product has increased tenfold. Our real income per person has tripled. Can we keep up the pace . With the help of analyst richard gill well examine that question on this edition of economics usa. The improvement in our stand...

Were about to compromise the Payment System, the electrical grid, you wouldnt say lets kick it to the states. Lets let them handle it. I dont think you would do that. Whatever you do will be helpful, even if directionally. It will be better than what we have now for the sectors that dont have any standard in those states. Miss moy . Right, so i would say a couple of things. One is that consumers are protected right now by the federal trade Commission Section five authority, and the ftc is enforc...