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Without further ado in honor of the time id like to welcome bill to the stage. [applause] thank you very much. Really appreciate everyone coming this morning, especialy for such a dull topic. I was very surprised by country and he it didnt see the linest the front door. My name is bill. I had the federal Government Affairs team here at chevron and its great pleasure to welcome you all here today and thank the great sponsors at real clear politics are putting on this panel. I think its obviously particularly hi millie. Chevron, we believe these dialogues are important to improve the policy deba...

Situation room. Wolf . Thanks very much. Happening right now, an emotional and very historic day on capitol hill. A brand new United States congress is sworn in and with it a new hope for reaching across the aisle. Some of the cases may be knew, but many of the tough issues that have to be tackled certainly havent changed. So is is there any real chance of getting anything done . And nearly three weeks since the devastating massacre, sandy hook Elementary Students return to school. Well go there for a live report. Im wolf blitzer. Youre in the situation room. An extra ordinary nar day here in ...

It is going to be a harry reid, john boehner, president obama conversation. Barring the outcome of the election. But it will have to cut some deals. Because the rest of them will be so divided there will not be able to do anything. Speaker boehner are is going to have to except the split. There is no way he can get them all to vote for a deal. Mitch mcconnell could be in the middle. What is governor romney wins the presidency than a . I think if he wins, they do call the whole thing off. It is very hard to argue that he does not deserve the right to have his own budget. You will do that and th...

Have to have at least three hoosiers on the committee, its a rule. Were satisfying that rule. But we also got three wisconsinite this is year, so thats cool. We have tom rice of south carolina. Jackie what horsekey from indiana. And Roger Williams from texas. I want to yield to mr. Van hol ton introduce their new members of the committee. Let me start, mr. Chairman, by thanking you for the way youve conducted business in the Budget Committee both in the last session and i look forward to working with you in the same manner in this session. As you indicated we have very sharp differences on pol...

the segments will be three on the economy -- one each on health care, the role of goverment, and governing. there will be an emphasis throughout on differences, specifics, and choices. both will have two-minute closing statements. the audience has promised to remain silent. no cheers, applause, or other noisy, distracting things so we may concentrate on what the candidates have to say. there is a noise exception right now as we welcome president obama and governor romney. [applause] welcome to you both. let's start with the economy. segment one. let's begin with jobs. what are the ma...