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Well call the Sub Committee to order and like to ask that members who are not on the Sub Committee be permed to sit with Sub Committee of todays hearings to ask questions. With that objection that is still ordered i would like to welcome everybody to the hearing today. It is going to focus , obviously, on how we can build the 21st century infrastructure. And a committee that is holding a host of hearings toth gaer idea on what congress can do to achieve this goal and today were going to hear ideas from highways and transit stake holders. Gathering input from stake holders is essential to the p...

The Affordable Care act, the posture over at the white house, and in congress. Senator murphy is the one who said the president is setting the Healthcare System on fire. Well hear from him. For your calls, republicans call 2027488001. Democrats, 2027488000. Independents, 2027488002. We have set up a special fourth line this morning for folks who are enrolled in the affordable re act, your number is 2027488003. And if want by phone, weigh in on social media. Cspanwj is our twitter handle, and also on facebook. Here is one writeup on the healthcare story. Its in the Washington Post today. A. C. ...

Robert bonnie, former Agriculture Department undersecretary for Natural Resources. Thank you for joining us this morning. Forest service; correct . Guest yes, undersecretary for agencies t at two under the u. S. Forest service and conservation service. Ost what do you make of what you have been seeing out in california recently . Uest its terribly tragic, weve obviously lost a lot of lives, a lot of homes and resources, as well. But its part of a larger trend that weve seen over the last bigger fires, more catastrophic and deadly ires and that is very concerning and it means investments at the...

Ost what do you make of what you have been seeing out in california recently . Uest its terribly tragic, weve obviously lost a lot of lives, a lot of homes and resources, as well. But its part of a larger trend that weve seen over the last bigger fires, more catastrophic and deadly ires and that is very concerning and it means investments at the federal level are critically important, both firefighting aspect and to do more work, educe threat of catastrophic fire in the first place. Host headline in u. S. A. Today the nightmare, the worse may be over, perhaps they corner. Rned a it doesnt mean...

You. Thank you. So, when you were with us on august 7th, you said the market is fully valued. From then until then the Dow Jones Industrial average is up 6 , the s p up 4 we overvalued now . Not yet, no i would say that, you know, basically bull markets ended over valuation and i dont think were overvalued use whatever adjective you want to describe it the market is not cheap and its not expensive. So as i think ive been saying, i think were kind of approaching normalization, and to me normalization is a 17 multiple on earnings and the trick is what is the earnings youre looking at . You know ...