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The world to join us. this is noteworthy considering republican senators released a bill yesterday of their own sanctions that they want to pass against russia. they introduced their own package to deter russian president vladimir putin from invading ukraine. it comes after weeks of failed negotiations between democrats and republicans on a failed package. they could not agree whether this could be controversial to the stream 2 pipeline. the republican proposal is a negotiating tactic. trying to sign on to any legislation that they could do. a partisan bill. it needs to be bipartisan for it to...

Russian gas? >> it's a hypothetical. i'm telling you what we have been very clear. the president has been clear. our national security adviser has been clear. we're all clear from this podium or direct communication with russia whether it's the with president or its leadership that if they were to invade. in lock step with our european allies, that there would be severe decisive economic consequences. i cannot speak for than that. >> the sanctions package being worked out on capitol hill, understand that the white house is involved in though situations now and congressional sources have told m...

I know a bunch of you are headed to munich for the security conference tonight. is that going to be enough to keep the lights on for the federal government? >> chuck, i think we're going to get there. we will pass this continuing resolution for a few weeks. the good news about it is i think we're now moving toward a breakthrough deal for the full appropriations bill, which will likely pass in march. that's a very good bill on priorities like national defense, you know, to have a credible deterrent threat against authoritarian nations like russia and china, the budgetlining up is going to be a ...

But the level of military deployments by the russians are unprecedented since the second world war. they have a dagger poised at the throat and deterrent will be strengthened by our passing the sanctions package in the united states senate. ukrainian sovereignty may be a thing of the past in just a few short weeks. i think deescalation is on putin's side. >> thank you very much, senator. thanks for being with us today. i you have a very busy day and i want to bring in the chairman of the house on foreign relations. is this a situation where there's an individual in isis that will quickly repla...

Forward legislation on economic crime. it will enable things like asset seizing. it will enable travel bans. we have some of that legislation already. we're getting parliament in place where we can have more that will give us greater scope, greater powers. >> are you concerned that all of the sanctions that have been leveled over the last decade have not had the desired effect in changing behavior, but they've actually allowed many of these extraordinarily wealthy folks to essentially hide their money and it's made sanctions harpeder to do, especially russia dealing with china. how hard is it ...