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Currently stands. Welcome to National Economists club, our first event of the year. The National Economists club, for so, im pete davis, Senior Vice President and past president of the club. The National Economics club was started in 1968 by herb stein, pitcher of the council of economic advisers and it has met roughly 40 weeks out of every year since presenting leading economists talk about issues of the day. Today were very pleased to have Marc Goldwein of the committee for a responsible federal budget to talk about the return of trillion dollar deficits. Before introduce marc, levy tell you...

Pete welcome to the National Economist club, our first event of the year. The club was first of all, im pete davis, Senior Vice President and past president of the club. The National Economist club was started in 196 by herb stein, the chair of the council of economic advisers and it has met roughly 40 weeks out of every year since, presenting leading economists talking about issues of the day. Today, were very pleased to mark goldwine of the committee for responsible federal budget to talk about the return of trillion dollar deficits. Before i introduce mark, let me tell you about some upcomi...

Weve gathered and the ideas we are going to be discussing. Welcome to the committee for responsible budget for thostherf you who do not know if they Nonpartisan Organization the board of directors or people many of whom are with us today who have run all the bigbudget institutions in washington so the federal reserve, the treasury department, omb, the Budget Committees comes of a. To try to have a realistic understanding of the budget improvements are going to be needed to improve the fiscal situation in the country and to trick yo to have in a bipartisan way it kind of understanding of how ha...

Im going to encourage everybody to sit down, grab their seats. Keep eating. Okay. Welcome, everybody. Im maya mcginnis, i run the committee for a responsible federal budget and it is not every day that you see an overflow crowd for a whole event on budget process, so were really excited to have you here. We have a cspan audience, were Live Streaming this, so wonderful to have everybody joining us for what i think is going to be an excellent conference. Im really excited about the people weve gathered here and the ideas we are going to be discussing. So welcome. The committee for responsible fe...

Mr. Thompson if that freshwater doesnt run through and to the ocean the saltwater runs back in. I have two major cities in my district that relies on that for the source of water. If this bill passes, their water supply is in jeopardy. You cant drink salts water. It just doesnt work. California is in the middle of an extreme drought. Its not due to a lack of pumping. Its not because our states water regulations and its not because were putting fish ahead of farms and people. Its because theres no rain and theres no snow. No bill can make it rain but this bill makes a bad situation even worse. ...