>> there is much more to the newly designed c-span.org. 11 video choices, making it easy for you to watch today's events live and recorded. more features and a lineout -- line up to see them all quickly and even received an email alert when your program and email when your program is going to air. this includes washington journal and campaign 2012. use the channel finder to find out where the networks are available in cable and satellite systems across the country. this is at c-span.org. >> the debt crisis dominated the debate in "question time." david cameron answered several

questions about britain's financian interest. he rejected a treaty change, and said that this was not in the best interest of great britain. the u.k. is not a member of the the euro-zone. but it is a member of the group of 27 countries. >> andrew -- >> i had meetings with the minister and others, in addition to my duties in this house. >> mr. speaker, the british people want to take a couple of things from these meetings, first as a resolute, uncompromising defense of the british national interests, and

the second is the end of the terrible euro-crisis. will the prime minister to britain proud on friday, and show some old books. in brussels? >> i can guarantee to you that this is exactly what i will do, the british national interest shows that we have to resolve this crisis, just as this is a freezing economy. this is about jobs and growth, and investments right here in the united kingdom. we must be safeguards for britain, this is the right thing to do. we have no prospect of joining the the euro, which she is different about. >> six weeks ago, the prime minister said that a limited

treaty change may give up the opportunity to give power back to britain. what powers will be arguing about? >> as i have just explained at the summit -- we are all interested in this. we all have the name of resolving this crisis, and we believe that this means that european countries coming together and doing more things together if they choose to do that, with what we are involved in, we would insist on safeguards for great britain, and this means making certain that we are stronger and better able to do things in the united kingdom to protect our own national interest. the more that the countries are

asking for, the more that we will ask for in return. just that on the basis of what matters more in great britain. >> the more he talks, the more confusing that his position becomes. >> let me remind him, before one of the biggest post-war rebellions on your, he was telling them -- the opportunity of changing the treaty would mean the repatriation of power. that was six weeks ago. there is not one mention of this phrase, so why does the prime minister think that is of the national interest to quell this rebellion, and cause another rebellion elsewhere? >> what we want to do --

specifically and particularly in the area of financial services, where this country has a massive national interest, 10% of gdp. this is 7% of the u.k. employment. you want to make certain that we have more power and control in the united kingdom. this is in contrast to the party opposite. they gave up the power, and they made a choice. the bailout fund, they gave us the rebates and gave nothing in return. you have one party and one government, another that always surrenders the power. >> i think the short answer --

>> order, i say to the other side a moment ago -- people must be heard and that is what will happen. >> mr. speaker, six weeks ago, he was promising and begging for europe, and this is reduced to hand-ringing. the problem for great britain -- is that the most important european summit for a generation, with families and businesses up the country, the prime minister -- we have a prime minister caught with his promises in opposition and not the reality of government. >> even the best scripted and that is not going to save his

leadership. he talks about being isolated. let me explain this to you, where we would be if we adopted the policy of labor. if we adopted your spending and deficit policies, what we would find is that i'll be going to brussels to get the payback period under the proposal, under the proposal being put forward, labor has been put in such a bad position, that would be written by the german chancellor. >> andrew -- >> there is a wide spectrum of views, and one can sense this with that remark. will the prime minister take a

straightforward message with him? the one thing most likely to unite the house of commons would be a calculated assaults, not even in their interest. and the financial services industry. this is what all of the constituencies. >> we want to see a greater rebalancing of the economy, with manufacturing and in technology, but the economy we have is very dependent on financial services. i would celebrate the fact that this is a world-class industry, and it is important that we see this under continued regulatory attack. we would like to make certain of some safeguards, that would give

us greater power and control, in this house of commons. this is something i will be fighting for on friday. . >> does the prime minister agree that the recent escalation of industrial action in the public sector which incidentally in my part of the world was not, is a result of genuine anger -- does the prime minister agree that the industrial -- they made a horrendous mistake -- >> the hon. lady is just plain wrong. they're not being asked to contribute more to their pensions. let me just say this. earning 32,000 pounds per year -- they could receive a pension

worth 33,000 pounds per year. a private-sector worker would have to pay 38% of their salary, almost half of the salary for the equivalent pension. we also must be fair to the private sector as we put the money into the pensions. >> does my friend believe that we should lead europe into a new, post-bureaucratic age. >> i think there are opportunities for great britain and we should start from the premise that it is in our interest to be in the single market, and we need those markets open. we have to determine the rules of those markets. there are opportunities but the first opportunity at the end of

this week must be to make certain that this crisis -- that is badly affecting the economy is resolved. we should be very clear about the british national interest, safeguarding financial services and looking out for the interests of the united kingdom. >> can the prime minister tell us if he's having a christmas bash? >> will they be talking about hwo out of touch they are with public opinion? >> i seem to remember the annual sleepover -- was with the prime minister. quiet,l be having a family christmas. >> he promises to stand up to the british national interests

at the -- european union summit. the bailout after bailout -- this would not save europe or the euro-zone. this would reduce the high-unit costs, with regulation -- >> the hon. gentleman is right. i understand why the leading members of the euro-zone want to see proper fiscal rule about budget deficits for these members, but it is right to say the heart of the crisis is actually caused by current deficits in some countries, and unless we solve the competitiveness problem at the heart of this crisis, it will continue to recur. you need to have tough rules on the budget deficits, you have to have the institutions of the euro-zone, acting in concert and acting strongly, but you have to

resolve the competitiveness problem to deal with this crisis. i will continue to say this on thursday and friday. >> can the prime minister confirm that next year, as a result of the -- his economic policies, the most poor third of families will receive -- >> these figures are wrong. if you take everything the government has done, what you find is the top 10 percent see losses 10 times greater than the bottom 10%, and this is fair. what has not been properly understood is that if you take the richest 10% in the country, they not only see the biggest reduction in income, they also see the biggest reduction proportionately. it is incredibly difficult to deal with the debt and the

deficits that he left behind but we will do this in a way that is fair. >> the is simply wrong again, the figures are there. they're losing far more than the richest third. he said he would not balance the budget on the backs of the poor. he is not balancing the budget. 150 billion pounds more borrowing. now, -- mr. speaker, there is one group, that he is easing the pain for. i think this is not getting the publicity that it deserves. he will delay the tax on the private sector. at the same time he is pitching the most poor people in this country. can he confirm of working

mother caesar tax credits cut, and her maternity grant cut. >> the had 13 years to tax private jets. and now the former labor leader is jetting around in them. he quotes the institute for fiscal studies. let me tell you what they said about the plan. labor's policies would lead to even higher levels of debt -- i know, mr. speaker. they don't like to hear this when their own policies -- please calm down. >> what i simply say to everyone, if he wants to give a brief answer -- let's hear this. >> let me just explain what the

international monetary fund said. this is the truth of it. if you want the stimulus that they are giving the economy with low interest rates, you have to stick to the plans they have set out. there is not a party in europe -- >> everything he is talking about is stimulus. he is coming too far and too fast. because it does not want to tell us what they say about his plan. he is the prime minister. the new tax and benefit measures -- they are, on average, a take away from the lower-income families with children. these changes are hitting women twice as hard as man. is it the truth that he is the first prime minister in modern times to place of the women and

children first. the sound bites get weaker and weaker as his leadership gets weaker and weaker. if you look at what we have done, listing 1.1 million people -- it is mostly women that benefit. the increase in the pension will benefit mostly women. and if you take the issue of public-sector pensions -- this will help women. we're giving the economy as stimulus by keeping interest rates low. this is 2% and 5% in italy. if we followed his advice interest rates would be rocketing. this is why labor will never be trusted by the economy again. >> i may tell the prime minister that small and medium

enterprises are still having great difficulty finding reasonable signers. a major contributor to that is the lack of competition. will the government consider breaking up the nationalized banks to create more competition? >> we have opportunities to increase competition and as we looked to return the state banks to the private sector, we will have further opportunities. we have gotten northern rock out there, lending to businesses, and households, properly established in the northeast of england. >> jeremy -- he is not here. john baron? >> our history is repay treating back from the european -- this is not happy. may i request of fundamental

renegotiation with a relationship based on free trade and growth and competitiveness, which other countries enjoy, and not political union, the european union summit is a defining moment. this is a once-in a lifetime opportunity. will the prime minister seize the moment? >> the bailout power that the last government gave away, we are returning to the lighted -- to the united kingdom. recently we have just won exemptions from all of the european union legislation to make certain that micro- enterprises will not face any new regulations at all. but will we go in there and fight for british interests, absolutely. but let's be clear. the option where we have the ability to say, yes or no, and get a price for that, there is

the responsibility that they will form a treaty of their own. we have some leverage in that situation, but we should recognize the leverage and make the most of this. >> last year the manifesto promised to repatriate employment and social legislation. his article is silent on all of these issues and the secretary has said that this agenda is not working anyway. does the prime minister regret sending his party up the garden path, potentially the towing a treaty that may be essential. and doing untold damage? >> the party opposite gave away so many powers, it is going to

take a while to get some of them back. when he was in government, he did increases in the european union budget. when he was in government, he gave away the bailout power and we had to give billions of pounds to other countries. i believe with strong negotiations we can clear up the mess that we were left with. >> over the last decade and a half, -- we allow the young people to leave school without the proper ability to make informed decisions. they will report on where we think this will fit in the curriculum. tell us how to make certain that young people are more financially -- >> he knows a great deal about this, having been a supply

teacher in his constituency. happy to be -- financial education is important for young people and i look forward to seeing the full report. >> the prime minister once said he wanted to lead the most family-friendly government ever. there are 19 billion pounds that have been lost so far -- 13 billion has fallen on women. >> it was this government that gave 15 hours of free nursery care, something the labor party has never managed to do in government. and despite the problems we were left, we put in a 380 million pounds to double the number of disadvantaged to year-old -- and

this is real progress, something they have never delivered. >> what would the prime minister say it -- when they're considering rejecting -- considering rejecting government funding for a tax freeze next year. and instead charging 3.5% more? >> i hope that all councils will take up the offer because in this year, when people face economic hardship, it is important to help where we can. that is why we have allowed the tax freeze to go ahead. we would like to support parties that backed the council tax free. >> thank you, mr. speaker. since the education act of 1944, successive governments have supported the subsidized travel for those who live 3

miles or more from the school of their choice. some are beginning to cut back on the financial support. i don't think any member of the house wants to see this happen. they encourage local authorities to embrace the 1944 education act on this issue. >> i support school choice and the ability to have a choice between schools, and i have chosen a paid school for my own children. i will look into what the authorities are doing and see what we can do for the faith- based education that many jews. >> -- that many choose. >> david cameron will talk about the year -- european crisis in a speech -- and live coverage of the prime minister's

remarks begin at 10:30 a.m. eastern. next, the abc news republican presidential candidates' debate, and then, at 11:00, q and a with marcia anderson. and then after that, another chance to see david cameron at the british house of commons. >> the department has taken steps to make certain that this is never used again, it is the unfortunate reality that we will see the effect of this flawed operation for years to come. the guns lost in this operation will continue to show up. >> it is time to rewrite the clean water act. these are foundational federal laws about water, they were

great and important and they're out of date and need to be rewritten. and this body needs to do that. >> of the transactions that took place in those days -- i am not aware of those and i don't have the information to be able to look at those transactions. >> with hundreds of hours of new public affairs programming, this is your resource to find what you want, when you want. this is washington, it your way. >> now, the republican presidential candidates' debate last night from iowa. this was live on the abc network and is hosted by abc news. >> tonight, decision time in iowa.

in a roller-coaster campaign, a new front-runner emerges. >> i am going to be the nominee. >> i am suspending my presidential campaign. >> and these are the contenders who want to take back the country for the republicans. >> there is a plan out there, and there is a person who can get this done. >> what will they do to get america back on track? >> i will not rest until week repeal obama care. >> >> the radicals have been in charge for way too long. >> they will answer the tough questions and challenge each other. >> i know what will decide who will be the next president of the united states. >> the moment to choose is at hand.

live from the more in iowa, woid -- the republican party of iowa. this is the abc news republican presidential debate. now reporting -- diane sawyer and john stephanopolis. >> welcome to drake university, as the presidential voting draws near. the political team of abc news has been out in force. we will say to the people of ottawa, we are struck with how seriously you take your role. >> 24 days and counting. that is when the voting will began, and it is time for closing arguments.

let us introduce the presidential candidates from the republican party for the united states of america. rick santorum of pennsylvania. gov. rick perry of texas. mitt romney of massachusetts. newt gingrich of georgia, ron paul, and congresswoman michelle bauchman. thank you all. before we begin, george and i have been talking -- we have been talking to many of you about what it takes to run the presidency in this country. we are talking about the physical stamina and the road that he traveled, the