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new jobs for the town? >> i'm very happy to join my honorable friend congratulating saga and the very good work that they do and i'm sure in choosing hastings they made an excellent decision. there is good news in today's unemployment figures. we should celebrate that. there's a lot more to do to get this economic recovery underway. but it would help if we didn't have so many people determined to talk down the performance of the british economy. >> mr. bradshaw. >> doesn't the devastation in cornwall illustrate the economy of his recent decision to slash investment and flood defenses...

[applause] [inaudible conversations] [inaudible conversations] >> senate democrats and republicans each met today to reelect their party leaders. after the meetings, senate leaders spoke to capitol hill reporters. [inaudible conversations] [inaudible conversations] >> okay, everyone, it's been my honor to serve as the democratic leader for the last six years and my team was just did. and i am really grateful for the caucus supporting us. just to remind everyone, senator durbin is the way it. senator schumer is the vice chair of the caucus. patty murray as the secretary. these are the...

>> the committee will come to order. let me thank my colleagues and witnesses for their with patience and adults the various meetings that unfortunate not at the same time to try to schedule him the hearing but you've come a long way might have friend tom miller from iowa as well as i wanted to make sure we could have the hearing and yet accommodate the interests of all members of the committee so we moved to this time. bob and i and senator shelby will be here at some point shortly. and the idea being that our -- against the democratic caucus this sort of wrappi...