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Necessary tunneling capacity under the hudson and tunnels currently serving extraordinary number of passengers on amtrak side and very diplomatic, mr. Chairman. Much painful history. Those tunnels are over 100 years old. Your first, do i agree, that it is an essential investment . We absolutely must do something about those. I believe were approaching 110yearold tunnels. They not only constrain capacity but at certain point they will become a real safety risk. And you know, think about the upheaval that will result if we were to lose that capacity all of a sudden. Could it be a candidate for t...

Said but always the discussions that take place among large members and perhaps small number of members. But it is our understanding that this authorization we are talking about deals with the life cycle through december 11th with the cr. The president asked for this approval in this cr. So it is through december 11t. Is that your understanding . Yes, mr. Chairman. The only thing i would say is the amendment offers if the National Defensive act is enacted then that would supersede but whatever is enacted earlier. The conference report or the expiration of the cr that would be the length of thi...

Thank you for being on the communicators. How can technology to ask the budget and help us over the fiscal cliff . That is the subtitle. It is a bit of a mouthful. The fundamental idea is that if you spend time in silicon valley, if you spend time in detroit where the Automobile Industry is being rebuilt, if you spend time outside of the beltway, you will see that america has the ability to generate abundance or the world. If you only spent time inside the beltway, it looks like a zero sum game, loselose. What we have tried to say in the book is what are the lessons of the technology set her ....

Clinton administration, and blair levin spent many years there, most recently as part of their National Broadband plan, the executive director. Gentlemen, thanks for being on the communicators. Mr. Hundt, your books subtitle, how can technology fix the budget and help us over the so soof called fiscal cliff . Guest well, it is a the subtitle. Its a bit of a mouthful, but the fundamental idea here is if you spend time in silicon valley, if you spend time in detroit where the Automobile Industry is being rebuilt, if you spend time outside the beltway, you feel that america has the potential to g...

Equipment supplier disappoints with weak Second Quarter earnings. The market also waiting for nokia numbers with the hand setmaker expected to confirm that losses have narrowed. And its decision day for dell as shareholders are set to vote on the companys buyout offer. Carl icahn who is leading the bid against the deal got the last word right here on cnbc. Ive never seen one as bad as this. I really mean it. Ive never seen anything where they actually go out and they scare their own shareholders. And another big name investor causes quite a stir on cnbcs delivering alpha conference. Nelson pel...