the question quite frankly of this election and the challenge our time. will we be a country that values the role of workers and the success of businesses, and values the middle class in a success of the economy? or are we going to move backwards to the same disastrous fill ogs if i that rewarded speculators rather than builders? look. this is the third in a series of speeches i'm giving on behalf of our administration. laying out the stark choices we believe the american people are going to face in november. and what's at stake for the middle class. today i want to focus primarily on manufacturing, because president obama and i have been working to rebuild our manufacturing sector, and rebuild our country. because we think they're one in the same. we don't know how other. we don't know how you leave it

the country. let me tell you what we've done, but let me tell what you we think we have to do, what more we have to do. when we came into office, the manufacturing sector had been neglected badly, and was getting devastated. during the 2000s, before we came in, 5.8 million manufacturing jobs were lost in the united states of america, right here in iowa. you lost 53,000 manufacturing jobs. you saw companies like maytag and electrolux and many others thousands of factories closed down and laid off workers and relocated to places like vietnam, me"cheaper markets." how many times have you been told over the last 15 years that america's days as the leading manufacturer in the world have

passed? log, the president and i said, it written that says our day has passed in anything? the pren fundamentally disagreed with that proposition, and by the way, it was a widely held proposition. not just with our friends on the other side, but a whole lot of t manufacturing back on its feet again, for every one of those manufacturing jobs lost, somebody lost their place in the middle class.f those jobs lost. so we went to work, first and foremost over significant opposition, and with mitt romney arguing that we should let detroit go bankrupt. what we did is we rescued the auto industry, we aministered some of the very toughest medicine [ cheers and applause ]

>> we're criticized by many on our side. we administered very tough medicine. but th literally one since restructuring, the industry has already another 200,000 jobs and gm is leading the world again as the world's largest automobile [ cheers and applause ] >> folks, we knew that was sensible but not enough, we went to work to provide a skilled workforce for companies that have already come back or are bringing their folks back. we met with the leading k347s in the world who came to the white house in january. they pointed out to us that right now there are 600,000 manufacturing jobs in the united states that companies who have come back home can't because they can't match the worker's skills with the need of

the companies. so we launched a partnership between my wife jill, a community college profr, calls the best kept secret. my wife jill calls the best kept secret in america. american community colleges. and businesses looking to fill those 600,000 slots, married up with them. we've also proposed an $8 billion partnership, to give more momentum to this effort. my labor, secretary solis, suggested an 800 mile bus trip starting off in with a wash working their way through tennessee, kentucky, virginia, north carolina, visiting community college and businesses after community colleges and businesses. providing hundreds and hundreds of good paying jobs, because they're training directly, exactly what the companies need. and it's all over the country.

from tennessee to north carolina to michigan, ohio, new hampshire. and it's working. so let me say it again. thank you, terry, and thank you, dr. paper and thank you chancellor for this partnership of yours. you are one of the reasons why -- you are literally one of the reasons why americanies ared of outsourcing. we are committed to breaking down barriersccess of consumers canerseas markets. understand what we already know. that we make the best products. no one makes a better product. and there's no worker more productive than american workers. that i hyperbole, that is literally a fact. in addition, the president signed into law, free trade

agreements with and panama. they're going to open up markets for the best products in the world, made in america products to all of those countries, which now can't get into those countries, and we're committed to leveling the playing fieldt the first time, what we call the trade enforcement unit, whose sole job is to crack down on countries to pursue unfair trade practices. we don't think that's a trade war, we think that's a fairway to trade. just this month we brought a new trade case against china. china is unfairly limiting american access to so-called rare earth materials that they possess, that are needed by american manufacturer gh-tech p electronic vehicles and advanced electronics. we with changed the tax code to give a 30 tax credit to a

company that builds wind turbines here in the united states rather than results so f billion of new investment in factories built here in the united states of america rather than abroad. look, we reward companies, and invest in new plants and commitment right now right now they invest. by allowing them to write up more rapidly the cost of the factory, the cost of the equipment, the cost of their vehicles so they canpa that means more people being hired. the bottom line is, 'r changing the paradigm here. e're rewarding instead of that invest in building and hiring here in america. and manufacturers are responding. they're hiring workers by the hundreds ofpo ing products all around the world, with this added incentive, we're presiden

committed to, double american exports by2015. let me translate what that expy the year 2015, that creates another two million american jobs. so all septics and our republican opponents who -- especially -- don't tell me that america can't make things any more, can't compete in the world market any more. can't lead the world again any lead the world again in every aspect of the economy. and, folks, we've already begun, you've begun. not we, you've begun. and we're not done. for erican manufacturers have faced one of the highest tax rates in the

to reduce that by over 20%. we want to drop the rate for high-tech manufacturers like yol minimum tax, because american taxpayers shouldn't be providing a larger subsidy for investing abroad than investing at home. we want to end the practice of getting a tax break, which you saw happen here in iowa for ceiling and shipping it abroad and getting a moving expense to go abroad. instead, giving a tax credit to companies that dismantle factories abroad and bring them back home. look, this is how we're going to grow middle class.

conventional wisdom that manufacturing is dead wrong. and we've got to maintain this momentum. if you forgive me for saying , this momentum to a screeching halt is turning over the keys of the white house to santorum or romney.bothood guys, i worked with rick for a long time. senator santorum is the only one of them even claiming to care about manufacturing. but his senate record tells a he voted against loopholes for companies that moved manufacturing from america offshore. just like mitt romnehe rescued the automobile industry, he said, and i quote "no, absolutely not. but if senator santorum has been inconsistent in what he has said and what he's done,mient.

as a businessman, as the governor of massachusetts and now as a candidate for president. and itfully suggest consistently wrong. ladies and gentlemen. when he was ceo of bain capital, bain capital closed down two factories in south florida that made medical devices. moving the production to germany. they shut down a plant in south carolina and another one in albums and picture frames and outsourced production overseas. i'm tempted to say, mitt, thanks for the memories. as governor massachusetts, he f workforce training in manufacturing, specifically. and despite the fact that dolla

were flowing to companies outsourcing ste overseas call centers, he vet p massachusetts legislature that would have stopped the state from outsourcing contracts overseas. state contracts. look, think about it. pass mass taxpayer with with a question -- this is how it worked -- with a question about picks up the phone, dials an 800 number expecting to talk to somebody in the massachusetts government to get an answer and instead he or she is talking to someone on the other side of the world. and all of it paid for by his or her tax dollars. i find that kind of fascinating. i mean it, that's one, when i was told about it, i said i'm not going to say that to you to fact check me again.

but think about it, it's one thing for the local company to outsource a call service but state government to outsource a call service that's set up to answer questions for people in the state about a problem they have with the government? to outsource that? denying folks in mass mass the jobs that are that? is it any surprise to you that massachusetts under governor romney was losing manufacturing jobs twice as fast as the rest of the country? now as a presidential candidate he has proposed a new international tax system that zeros out taxes for companies that create jobs outside united states of america. i'm not making this stuff up. look both, presidentama,

governor romney, we are talking about taxes and the burden on manufacturers, there's a big difference. our tax cuts go to companies that create jobs over here. the romney tax cut goes to companies that create jobs overseas. it's a fundamentally different philosophy from ours. when china was dumpsing tires into the international marketplace, hurting american manufacturer's of tires and their workers, president obama stepped up and enforced our trade laws and won. governor romney at the time called what the president had done protectionism. that's his quote, protectionism. now, when its politically expedient he wants to get really tough on china. look, it's a different philosophy. governor romney's called the president of the united states out of touch for encouraging

young people to try to get manufactu manufacturing jobs. out of touch? romney? i mean -- [ applause ] >> pretty remarkable. as an o me says, that's chutzpah. romney appeared to scoff first in detroit, then in florida at the notion of manufacturing as a job engine four the future. so look, folks, we have a choice in this election. between our philosophy that believes manufacturing is central to our economy, and their philosophy he scoffs at. between our philosophy that says there's nothing out of touch about fighting for the future of

the middle class by creating manufacturing jobs. a philosophy that said, if the folks at the top do well, everything else will do well. how many times have you heard about the job creators? look, governor romney's business practices and policies, have clearly benefited the wealthy and most powerful among us, often at the expense of working and middle class families. they actually believe it's the best way. i'm not doubting their belief. but it just doesn't work that way. as the president said, and i quote, this is the defining issue ur this is a make or break moment for the middle class. and for all those who are fighting to get into the middle class.

folks, i stood outside of a lot of plant gates in my career, both here in this state, the state of iowa, and in my home state of delaware, shaking hands and asking for support. i've also stood outside of those gates like the general motor gate in my home state asking when those workers needed my help. because the plant was shutting down. going somewhere else. those are the days that stick with me the most in my career. those are the days and the longest walk, these folks were taking. it wasn't from the factory floor to the parking lot for the last time. they got that flight of stairs home. into their child's bedroom, to say honey, i'm sorry you're not going to be able to go back to roosevelt high school or st. mary's.

you're not going to be in the little league. daddy, mommy, i lost my job. we got to do something else. my dad made that walk when i was young, and an awful lot kids heard the same words i heard. except the difference between then and now was my father said in the mid '50s. he believed it, i believed it. so many people have made that walk in the recent past five, six, seven years and they can't say with with certainty, look at their child up until now, it's going to be okay. but the good news is, that today hundreds of thousands of work e hes are r walk with walks of a totally different journey. a journey that ends with workers who were able to come home and

say, i've got a job.to. i gotjob. to be able to say, i've got a good job, building an amazing product that the world wants to me so optimistic, we got a way to go yet. but knowing these journeys are taking place again in the thousands, more than every single day -- some you know me fairly well. my entire career i've been characterized as anp optimist since i got elected as a 29-year-old kid to the senate. i've never been more aut the pr for america. america today is better positioned than any country in the world to lead the 21st

century. it's not just manufacturing that's coming back, the middle class is coming back, america is coming back. worker by worker, home by home, neighborhood by neighborhood the country is coming back. so as my grandpop would say, keep the faith, and thank you. my god bless you all, and may god protect our troops. thank you. [ cheers and applause ] ♪ thursday, house budget committee leaders paul ryan and chris van hollen discuss the budget proposals. they'll look at both plans and discuss whether they think it's possible for a comprehensive budget to pass in both chambers of congress. it's hoeted by the national

journal live 8:30 eastern on c-span2. here on c-span 3, a hearing on rising gas prices. why prices have risen quickly over the last few months. it's held by the senate energy and natural resources committee live at 9:30 a.m. eastern. ronald reagan was leaving el after a speech -- reagan comes out -- the agents ar shoots. the first one hits jim brady in the head. the second one hits tom delahante who turned around to check on the president's progress. i'm hit, now the path to the president is clear, it's wide open. hinkley has an effective range of 20 to 30 feet. he's done target practice, can hit stationary targets 20 to 30 feet. >> march 30th, 1981, john hinckley fires six shots, this

weekend on american artifacts, del quinton wilbur on the race to save a president sunday at 7:00 and 10:00 p.m. eastern on american history tv this weekend on c-span 3. >> in march 1979, c-span began televising the u.s. house of representatives to households nationwide. and today our content politics and public affairs, nonfiction books and american history is available on tv, radio and online. >> on or about friday november 21st, i asked admiral poindexter directly does the president know? he told me he did not. and on november 25th, the day i was reassigned back to the united states marine corps for service, the president of the united states called me. in the course of that call, the president said to me, words to the effect that i just didn't

know. those are the facts as i know them. i was glad that when you introduced this, you said that you wanted to hear the truth. i came here to tell you the truth, the good, the bad and the ugly. i am here to tell it all, pleasant and unpleasant. and i am here to accept responsibility for that which i did. i will not accept responsibility for that which i did not do. >> c-span, created by america's cable companies as a public service. >> earlier this month, attorney general eric holder testified on the justice department's budget request for 2013. the rbillion in total spending, which is a $1.9 billion2012 held in front of a senate appropriations subcommittee, this is 1:40.

good morning every. the commerce justice appropriations subcommittee will this morning we -- this morning we welcome the attorney general of the united states, and as is the usual and customary way, senator hutchison and i will make opening statements. we'll go to you, mr. attorney general, for yours, and you may summarize with unanimous consent that all statements be included in the record. senator shelby, our colleague and former ranking member on this subcommittee has a banking

hearing. with senator hutchison's concurrence, we'll go right to senator shelby for the first question. does that sound okay? we'll observe senators in their order of arrival. we expect robust participation. we're going to strictly adhere to the five-minute rule. so having laid the groundwork, i just want to say good morning and welcome to our first cjs subcommittee hearing. the attorney general of the united states, in which we will hear his presentation on the department of justice budget. we have a very positive relationship with the attorney general. he's brought to the justice department the experience of a career prosecutor. he's been dedicated to fighting violent crime and terrorism. he knows he is pioneering work, now working with our administration on how to deal with the new and emerging threat of cyber security which is how do we protect our citizens?

and his views and recommendations on protecting our civil liberties. well, mr. attorney general, before we get into the numbers about the money, i would just like to thank you and in thanking you, want to thank all the hard working men and women who do work at the department of justice. there are 119,000 employees who work there, 25,000 are federal agents and people work at fbi, dea, the u.s. marshals, the alcohol and firearms. we have 20,000 prison guards and correctional staff and 10,000 prosecutors and investigators. they've done some amazing accomplishments which i'll talk about in -- when i get to my question period. but we want to thank them because every day in every way they stand sentry, either to do prevention and intervention, to make sure they're out on the

street doing traditional violent crime work, to really being all over the world. and fighting issues related to white collar crime. as the chair of the cjs subcommittee, i have three priorities when examining the budget, community security, how does the budget support the mission of keeping our communities safe; national security, what resources are needed to keep america safe; and oversight and accountability, no boondoggles on the watch of this subcommittee. and i want to make sure the justice department has what it needs to do its mission. there's only -- as i looked at the president's budget, i saw noted that there was only one new initiative, and that's the expansion of mortgage and financial fraud. that request is $611 million. it's a modest $5 million targeted increase. we're going to want to hear more about that because we in our own state of maryland have seen such

a rising number of scams and schemes and predator predatory lending practices, and we need to know what you want to do with the money. we can't have a strong economically vibraomless they'r it's in our neighborhoods, whether it's protecting small business on main street. so i want to know how the budget will keep america safe at home on main street. the request for $2 billion for grants to state and local law enforcement, i wonder if it's sufficient. this is $32 million below the 2012. we would have to consider reorganizing priorities. the state and local funding seems to have born the brunt of budget cuts. since 2010, grants have been cut by a billion dollars in local funding. now, part of this was the ax and