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CSPAN3 Key Capitol Hill Hearings September 12, 2015

A country which is useful at this time might suddenly be a place receiving 20,000 refugees in three days or Something Like that. One of the things that we are already doing and have to do more of is theable to surge staff between posts and also between functions within the Foreign Office in london so that we have a more flexible structure is that can respond to reseissly sh reseissly the reality that priorities can change and change rapidly and we need to respond in a way that is appropriately agile. Can i ask you about another area of your budget. At the present there is still an fco grant to the British Council. Is that one of the areas that you may well be getting rid of, and what are the implications to you do, for the branding of the British Council and the s ....

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CSPAN2 Key Capitol Hill Hearings October 10, 2013

By businesses but in europe and china and its and network. Its complicated and complex as just about anything thats around when it comes to all the individuals that are involved. Its not as one of our colleagues said picking up the phone and calling wall street and telling them to settle down. So my question is, well, i just went on the web and said okay, what about treasury . Just google treasuries and all the things, most important market indicator, way more important than the dow and the s p. How important it is in a number in the economy because of the Interest Rates being pegged off of this Interest Rate. And so here we are now basically almost talking the Interest Rate up with the talk in d. C. In the last 48 hours i wish i could print out this chart because we have seen a spike, a dramatic spike from. 03 , to point ....

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CSPAN2 Key Capitol Hill Hearings October 10, 2013

[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] here we go. The committee will come to order. On january 27, 1838, a young state legislator named Abraham Lincoln spoke before a gathering in springfield, illinois. At the time, america was a deeply divided nation. Lincoln warned that the greatest threats to the young democracy were internal. He said, quote if danger ever reaches us, it must spring from up amongst us. It cannot come from abroad. If destruction be our lot, we must ourselves be its author and finisher. For the nation of free men, we must live through all time or die by suicide, end quote. The actions of the past few weeks, the the extremism of a small core of pens in the house of representatives have put our n ....

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CSPAN Key Capitol Hill Hearings October 11, 2013

A cliff and if we keep walking in that direction, very soon, we will fall off. We may fall off on october 16 or october 17 or are over 25 or november 1 but we will fall off. The most interesting the most important point is we dont know which day we will fall off. The markets are somewhat mystical. They can come to the view that the u. S. Will default and anticipate that and treasuries go down in value and Interest Rates go up much of our Financial System freezes and we are back where we were in 2008 when aig failed. I want to ask you this question to be clear, isnt there a risk almost every single day starting around october 17, even perhaps a day or two earlier, and we cant tell exactly when we will not have enough money to pay our bills and default could occur . Even if you laid out the most meticulous plan and the world. I have been trying to be as transparent as possibl ....

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CSPAN Key Capitol Hill Hearings October 11, 2013

Deal. Thats the way it has worked. And its gramm rudman, its the 1990 balanced budget agreement or the Andrews Air Force base agreement. Its the 1997 balanced budget agreement. Its paygo rules that many in this committee on the other side of the aisle talk about favorably. Of course, its the 19 its the most recent budget control act, just a couple of years ago. All in the context of the debt limit. So my view is kind of strange the president would, one, not want to negotiate, but, two, say we havent added stuff. Its all that has worked to deal with this. And you indicated this earlier, it only makes common sense because its a tough vote, as you said. Why . Because our constituents dont get it. You know, why would you extend the credit card again, go over the limit again without dealing with the underlying problem . And thats why, you know, the polling shows that by over two to one the
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