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governor ed rendell presents his budget in the state of the commonwealth address. the former mayor of philadelphia also pays tribute to the late congressman john murtha. from the state capitol in harrisburg, this is about one hour. . to this day, the defense of our values continues. as we gather today, more than 590 pennsylvania cardmembers are on duty in iraq and afghanistan -- pennsylvania guard members are on duty in iraq and afghanistan. finally, thei] real truth withdrawal is happening, but we must keep those on the front lines in our prayers every day until all of them come hom...

>> i don't know whether the boats scheduled the second will come off or not. for those who are thinking about tomorrow, we have a hearing scheduled for tomorrow. we will make a decision about that very soon because we have witnesses lined up. one thing we are considering is moving the hearing tomorrow until the next day and light of the threat of additional snow. this afternoon and through the evening and into tomorrow is when it will happen. if we get another 10-12 inches it might ...

for the conservatorship of fannie and freddie, but when you look at the publicly held debt numbers, they haven't come up with the $5 trillion yet. they have taken a stab but they have not gone quite as far as we're suggesting. at the beginning of your question, an imbalance and concern that the troubles might be this to pursue inflation as you're dealing with it. that has been a concern around the world in the past. and it may work very well for the united states. on the spending side, you have an enormous number of spending programs that are indexed, and as inflation goes up, that i...

furthest proposals to have a focus on the national debt and have us deal with it. i am concerned this might be short term rather than long term because we're in a recession. we need to create jobs. we need to spend. when you're in a recession, it may not be in america's long- term interest. if we do not deal with issues about tax policies that encourage savings, but i know my friends in the white house raised the issue of health care in this context, so the good news about the bills considered inñr the house and the senate is the two principal goals were to reduce the growth rate of...