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tv   Key Capitol Hill Hearings  CSPAN  May 20, 2015 5:00am-7:01am EDT

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mr. speaker, if we want to keep our folks in business and continue any meaningful growth in our economy then we must find a reliable, long-term solution. with that i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from pennsylvania reserves. the gentleman from oregon is recognized. mr. defazio: i yield two minutes to the gentleman from new york, mr. nadler. the speaker pro tempore: the gentleman from new york is recognized. mr. nadler: i thank the gentleman. mr. speaker, i rise in support of this bill but with reservations. the last surface transportation bill map-21, expired last fall. at that time we passed an extension to the end of this month to give us time to work on a long-term bill. we have known for months that this day was coming and yet we have made no progress finding a solution to fund highway transit and other important surface transportation bill. map- 1 itself was only a two-year bill. breaking the tradition of congress passing five or six-year bills to complete long-term capital plans and projects that require a commitment beyond one fiscal
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year. the last long-term bill we passed with safetea-lu in 2005. that was 10 years ago and that bill was underfunded because of the resistance of raising the gasoline tax or identifying new revenue sources. for over a decade we have failed to address the funding challenges necessary to break the cycle of underinvestment and put this country back on a competitive path with the rest of the world. today we spend about 1.7% of g.d.p. on infrastructure while china spends 9%, europe 4.5% to 5%. we used to spend 4.5% to 5% also. there is a $800 million backlog. public transit has an $ 6 billion backlog of critical maintenance and repair needs which increased by $2.5 billion each year as bus and rail infrastructure ages. while infrastructure crumbles around us, we don't fill the gap in the highway trust fund just to do a long-term bill at current levels.
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but this week they will put on the floor a tax extenders that will cost $182 billion over 10 years completely unpaid for. i'm concerned that we will pass this two-month extension and be right back here in july having the same conversation. i will support this extension but only with the understanding that we must spend the next two months once and for all making transportation funding a priority so that our citizens don't have to risk unsafe transportation, so we can invest in our infrastructure and we can be competitive in our economy going forward. i thank you and i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from oregon reserves. the gentleman from pennsylvania is recognized. mr. shuster: thank you mr. speaker. i now yield two minutes to the gentleman from ohio, mr. gibbs. the speaker pro tempore: the gentleman from ohio is recognized. mr. gibbs: i thank you, chairman, for yielding. mr. speaker, i rise in support of 2253, the highway and transportation funding act of 2015. although we must construct a long-term highway bill, this legislation is a compromise that will provide states of
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certainty through the vital summer construction months. by extending the highway trust fund to the end of july, states will not have to worry about reimbursements from the federal government while they are in the middle of the busiest construction season of the year. following passage of this extension i look forward to working with my colleagues on the transportation and infrastructure committee to construct a long-term highway bill which is a sustainable funding mechanism. upon its enactment in 2012, map-21 consolidated federal highway programs and streamlining the approval process. the next highway bill should build on map-21 success to cut red tape and ensure highway trust fund dollars are spent sponlly. we must also be good stewards of taxpayer dollars tone sure that the next surface transportation bill will create jobs and keep our nation competitive. my constituents and the hardworking people all over this country need reliable roads and bridges to commute to work, take their children to school and get home safely at night. unfortunately, the president's funding proposal is not viable and i believe will encourage
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more inversions or takeovers of american companies. i urge my colleagues to support h.r. 2253 and encourage them to commit to crafting a long-term fiscally responsible highway bill that will provide the much-needed certainty to states, industry and the american people. i thank the gentleman for the time and i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from pennsylvania reserves. the gentleman from oregon is recognized. mr. defazio: at this time i yield two minutes to the gentleman from oregon, mr. blumenauer. the speaker pro tempore: the gentleman from oregon is recognized. mr. blumenauer: i appreciate the gentleman's courtesy and i appreciate his leadership on this matter. he hit it right on the nail. we are in a situation i'm sad to say having listened to my colleague a moment ago the states will still have to worry. two months doesn't give them a straight shot at a construction season and there's still uncertainty. i could have dusted off the speech i gave last summer where i said we'd be right back here in the same spot with uncertainty around the country and the local governments the state governments, the contractors don't deserve that.
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but it's not the problem of the t.n.i. committee as much as ways and means. you can't craft a bill unless you know how much money you've got to spend. i am embarrassed as a member of that committee that in the 55 months my republican colleagues have been in charge we have not had a single hearing on transportation finance. we hear certain things are off the table, not acceptable. it's interesting, we haven't raised the gas tax in 22 years but six states, six red states have raised the gas tax already this year. utah idaho georgia south dakota. these are not flaming bastions of -- these are people who looked at the problem and decided they needed to step up and they stepped up, not to take the place of the federal responsibility but in
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anticipation that at some point the federal government would meet its obligation for almost half of the major construction projects. i'd respectfully request that we dive in and see what we can do over the course of the next couple months but that ways and means committee spend one week listening to the men and women who build, operate and use our nation's infrastructure, spend a week, look at the items, consider maybe what ronald reagan thought was a good idea in 1982, raise the gas tax. we can pass that bill out of committee in one week, and you can have the next couple months to give america the bill it needs to rebuild and renew this great country. thank you and i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from oregon reserves. the gentleman from pennsylvania is recognized. . the speaker pro tempore: the the gentleman from nevada vedged. mr. hardy: thank you mr.
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speaker. i rise today in support of a long-term highway funding. i will support the bill on the floor today. but let's be clear, this is a long-term problem that needs to have a long-term solution. we gather in hearings, we gather in meetings to discuss the various options we have for revenue. we now have to gather to make a decision long-term decision. we were elected in congress to represent our constituents and to make difficult decision that is will help us guide our nation forward. it's time for us to accelerate and produce a solution to our highway funding problems, our highways and our bridges are falling into disrepair. before i became involved in public service i was a contractor in nevada. where i worked on roads, brings -- bridges, and dams. i know the wear and tear of our infrastructure that it is experiencing. i know the uncertainty that states are facing when it comes to highway projects.
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our inaction has created a difficult environment for the states to make decisions. so i stand here today to support a long-term funding. it's a long-term problem that requires a long-term solution. thank you. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from pennsylvania roists. the -- reserves. the gentleman from oregon is recognized. mr. defazio: with that i yield two minutes to the gentlewoman from texas, miss johnson. the speaker pro tempore: the gentlewoman from texas is recognized. miss johnson: thank you -- miss johnson: thank you very much -- ms. johnson: thank you very much, mr. speaker. let me thank the leadership of this committee for getting to this point. i'm very, very sorry this is another kick in the can down the road, but we don't have much choice. but to support the bill before us today. we have missed a major construction season already. bridges are falling. accidents are happening.
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traffic jams increase because of the crumbling infrastructure. this is all very costly. and it's more costly when we have a winter just the way we have had it that hits already crumbling infrastructure. we must address this costly negligent -- neglect of our infrastructure around the country. it is not partisan. there are no democrat and republican bridges or streets. we must address our responsibility to this nation. sensible large projects must have time to plan the long-term projects. we cannot do that. no city or state can do that kind of planning without knowing whether we have a long-term source of funding that will keep it going. it is unwise for us to continue just to put this off. we've got to pay for it no matter when we do it. the time is now. we have extended this time too long. the nation has suffered too
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long. traffic is jamming, accidents are happening. and it will not get better until we take on our responsibility. i would urge all of us today to support this short-term bill for the last time. it is time for us to have a long-term infrastructure bill for this nation. thank you. i yield back. the speaker pro tempore: the gentlewoman yields back. the gentleman from oregon reserves. mr. defazio: i inquire of the balance of time remaining. the speaker pro tempore: 19 minutes remaining. the gentleman from oregon has 19. mr. shuster: how much minutes do i have? the speaker pro tempore: the gentleman from pennsylvania has 22 minutes remaining. the gentleman from pennsylvania is recognized. mr. shuster: it's now my pleasure to yield for two minutes to the gentleman from texas. the speaker pro tempore: the gentleman from texas is recognized. >> mr. speaker, the funding and authorization for our federal
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highway program expires in just 12 days. this is a deadline that congress the department of transportation, and the american people have known about for almost a year now. and the bill before us today is not the long solution that we were hoping for, but it is the necessary step forward at this time while we continue to work on a longer term solution for our highway funding. i appreciate very much the attention that chairman shuster has given to this important issue. he's taken a very keen interest on what we need on a national level, and many of us from the houston area appreciate him coming to our part of america to learn and see what our needs are in the state of texas. i'm confident that the chairman and those of us on the relevant committees in the house and senate will come together and deliver a long-term solution for our highway programs and strengthen them for every texan and every american. and while this bill before us isn't ideal the choice is very
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simple. i urge my colleagues to join me in voting yes on this bill to keep our state departments of transportation on the job through the summer building months and congress working on a long-term solution. i thank you mr. chairman and yield back. the speaker pro tempore: the gentleman yields back. the gentleman from pennsylvania reserves. the gentleman from oregon is recognized. mr. defazio: i yield the gentlelady from florida two minutes. the speaker pro tempore: the gentlelady from florida is recognized for two minutes. ms. brown: thank you mr. speaker. here we go again passing another extension and failing in our duties to provide a world class transportation system. transportation program is much too critical to our economy to be delayed any longer. unfortunately, the republican leadership in washington continues its long running failure to fund surface transportation infrastructure programs.
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just last week house republicans passed a bill cutting taxes by $269 billion for the richest 1% of americans with no offset but failed to pass a real transportation authorization bill that put america to work. we know for every billion dollars we invest in transportation it generates 44,000 permanent jobs. in closing second anthony foxx said all of us have a role to play in shaping our -- secretary anthony foxx said all of us have a role to play in in shaping our nation's infrastructure. as we saw last week during the tragic train derailment in philadelphia congress urgently need to increase funding for our passenger rail systems to make things safer for all of the traveling public and prevent future tragedies on our nation's rails. with that i yield back the
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balance of my time. the speaker pro tempore: the gentlelady yields back. the gentleman from oregon reserves. the gentleman from pennsylvania is recognized. mr. shuster: i continue to reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from oregon is recognized. mr. defazio: i yield to the gentleman from maryland, mr. hoyer. the speaker pro tempore: the gentleman from maryland is recognized. mr. hoyer: thank you, mr. speaker. let me thank mr. defazio for yielding and for the work that he does on this committee. let me also say to the chairman of the committee mr. shuster, how pleased i am at the kind of work that he does on the committee. very frankly mr. shuster is committed to getting things done and working in a bipartisan fashion and that's good for this house and it's good for his
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state and it's good for the country. i thank him for his leadership. i rise in support of this 60-day extension because it's essential that we do this. the consequences of not doing it would be very, very negative. but i also rise to lament the fact that we have gone 10 months knowing full well that this date was upon us and that theoretically we thought that funding as well as authorization would end on the 31st of this month. we have now found that funding will not end. this bill is necessary to authorize not to fund because funding is available for the next 60 days from the 31st. but i also rise to urge this house under the leadership of mr. shuster and mr. defazio to
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do the work we were sent here to do. to invest in america. to invest in the growth of our economy. to invest in the creation of jobs. to do, in fact, what the board of directors of the greatest country on the face of this earth ought to have done many years and certainly months ago. i am absolutely convinced that this house has the capacity the intellect, and the ability to in 60 days from now, or within 60 days, come to this floor with a bill that will invest in our infrastructure and provide sufficient funds to make america
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competitive and to pay for it. not to pass the expense along to future generations. my children, my grandchildren, my great grandchildren. they are going to have to buy for themselves the infrastructure of their generation, and they ought not to have to pay the bills of our generation. mr. defazz -- mr. defazio: additional minute. mr. hoyer: it is more than a responsibility that this generation pay for the investments it needs to make in the infrastructure that will be used today and tomorrow. mr. shuster, i know, wants to do that. mr. shuster and mr. defazio have the courage to do that. the issue is going to be whether this body on both sides of the
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aisle come forward with a responsible, paid for infrastructure bill, particularly for highways and roads and bridges, but other investment as well. i want to tell mr. shuster and mr. defazio that i will work closely with you. that i will urge the members on my side of the aisle to work closely, mr. shuster, with the members on your side of the aisle, to effect this end. but let us not pretend that we can extend until december 31 on july 30, or to a year from then let us commit ourselves today to using the next 70 days, approximately, to come up with a paid for six-year re-authorization that will make
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america stronger grow our economy, and be a pride of the american people whom we serve. the speaker pro tempore: the gentleman's time has expired. mr. hoyer: i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from oregon reserves. the gentleman from pennsylvania is recognized. mr. shuster: thank you, mr. speaker. i just want to thank the distinguished whip for his kind words. and with that i continue to reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from oregon is recognized. mr. defazio: may i again inquire to the amount of time remaining on my side? the speaker pro tempore: 14 minutes. the gentleman from oregon. mr. defazio: with that i yield two minutes to the gentleman, member of the committee, mr. nolan, from minnesota. the speaker pro tempore: the gentleman from minnesota is recognized. mr. nolan: mr. chairman, members of the house this failure to write a long-term, paid for surface transportation bill for this country has become a national embarrassment. quite frankly, it's an
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international embarrassment. the simple fact is passenger trains and oil trains are coming off the tracks taking lives causing untold amounts of damage . the simple truth is we can't fix those lives that are lost, but we can fix our transportation system. isn't it about time that we do that? it's not only a national embarrassment, our failure here, but it's a failure of the congress. it's a failure of the legislative process. it's a failure of the committee process. that's what's happening here. we held hearings in the last session. we heard from the chamber of commerce. we heard from the unions. we heard from the retailers. we heard from the truckers. everybody said three things. number one, our transportation system is falling apart. they had that right.
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number two, it's hurting our ability to grow our economy and create jobs. they had that right. and number three,, number three they said we need to find some new revenue. none of it can be more obvious. and yet the transportation committee held hearings from all those people in the last session. we held hearings again on this session. but we never took up the markup and the writing of a transportation bill. that is the simple truth. mr. speaker, i'm calling on the leadership here to either instruct the transportation committee or allow the transportation committee to write a transportation bill. i have absolute confidence that we can come together if we do. it's through the committee process that we find common ground. that's where we reach our bipartisanship. that's how we fix things here in the congress. that's how we get things done. .
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we will write a transportation plan for this country that gets this country moving again, saves lives and builds an economy. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. the chair will receive a message. the messenger: mr. speaker, a message from the president of the united states. the secretary: mr. speaker i'm directed by the president of the united states to deliver to the house of representatives a message in writing. the speaker pro tempore: the gentleman from pennsylvania. mr. shuster: i continue to reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from oregon. mr. defazio: i'd yield two minutes to a member of the committee, ms. titus from nevada. the speaker pro tempore: the gentlelady from nevada is recognized for two minutes. ms. titus: thank you. why are we debating an extension of the surface transportation authorization instead of doing a right thing by passing something that invests in our future? we should not bet on the come, as they say in nevada.
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for the two million residents that live in the las vegas valley and the more than 42 million visitors who come to our city from around the world, we must commit to the passage of a long-term surface transportation bill this summer. we can't do yet another extension that creates uncertainty, stiffles development and puts us further behind. we must pass a bill that includes investment that is real sustainable and goes beyond just maintaining our current infrastructure but instead sets our nation on a road that is built to last. i yield back. the speaker pro tempore: the gentleman from pennsylvania. mr. shuster: i continue to reserve. the speaker pro tempore: the gentleman reserves. the gentleman from oregon. mr. defazio:. all right. with that i yield two minutes to the gentlewoman from florida, a member of the committee, ms. frangle. the speaker pro tempore: the gentlelady from florida is recognized for two minutes. ms. frankl: thank you, mr. speaker. i just want to start thanking mr. shuster and mr. defazio for their bipartisan leadership. i'm going to vote for this
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two-month extension to the highway trust fund in order to avoid a shutdown of america's transit building and repair. with that said mr. speaker, this legislation is like fixing our roads and bridges with silly putty. it's just not strong enough to hold our nation's crumbling infrastructure. so i join my colleagues on both sides of the aisle to say it's time to make those long-term investments necessary for people and goods to get to their destination safely and timely. mr. speaker, transportation moves our economy. it's time for congress to get going. thank you and i yield back my time. the speaker pro tempore: the gentleman reserves. the gentleman from oregon. mr. defazio: at this point i would yield -- i would yield the gentleman from new jersey, a strong advocate for all things transportation, a member of the powerful ways and means
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committee, mr. pascrell three minutes. the speaker pro tempore: the gentleman from new jersey is recognized for three minutes. mr. pascrell: thank you, mr. speaker, and thank you, mr. ranking member, thank you, mr. chairman. i'm not going to vote for this piece of legislation not even close. everyone talks about how we must maintain the roads. if you listened over the last 45 minutes, all of these infrastructure issues are in bad shape, terrible shape. we know the problem. so long speeches about this and the problem don't make much sense. here's my question to every member of this body. what are you prepared to do? make believe you're doing something, hide under the desk in your office? how much have we used, mr.
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speaker from the general fund to bail out transportation? and the percentage of general funds increases each budget that we are using. so without a clear source of long-term funding, our states cannot plan the future. in fact, many states are not putting money into their trust fund. my own state the state of new jersey, i guess the money's going to fall out of the sky. so two months, four months, seven months it's all a joke. ensuring the solvency of the trust fund is not only a key component of many of our transportation challenges, it's our job. the ways and means committee has not even had one hearing, mr. ranking member, mr. chairman. how many states have put themselves in the same position as the federal government?
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i understand that some members are already planning another short-term extension in july because they say, now we're ready to have a long-term solution but you are already planning for another short term in july. in fact, we're moving towards the omnibus bill where we'll put everything together. it will be like a stew, trade transportation lollipops, put them all in there. put it all in there and then we'll vote on it and have some of our members vote against motherhood so that they will be on the block a year from this november. look, let me suggest something novel for this group. let's spend the next eight weeks resuscitating a system where users of the system pay to maintain and grow the system. international tax can be a part of the solution. it's not nearly enough money, mr. president, mr. congress. a group of us presented a
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bipartisan plan, republicans and democrats, to fund the federal highway trust fund through democratic presidents, republican presidents, through democratic houses and republican houses. we've always been able to come to a resolution on this until the last three or four years. why? why is this? can i have one more minute? half a minute? mr. defazio: i yield the gentleman an additional minute. the speaker pro tempore: the gentleman is recognized for an additional minute. mr. pascrell: thank you, mr. speaker. look neither party has the wherewithal to deal with the problem. i believe our model must receive serious consideration as the clock counts down on the trust fund's expiration. our legislation has the support of both business and labor. i'm done with extensions, and i plan to vote no today and i ask my colleagues to show support for a long-term bill and
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co-sponsor the renacci-pascrell plan because if we don't change something we will be right back here in july talking to each other. thank you very much mr. speaker. the speaker pro tempore: the gentleman from. mr. shuster: continue to reserve. the speaker pro tempore: the gentleman reserves. the gentleman from oregon. mr. defazio: and my time remaining? the speaker pro tempore: the gentleman has 6 1/2 minutes remaining. the gentleman from pennsylvania has 20 1/2 minutes remaining. mr. defazio: i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. defazio: well, first off, i want to join in what many others have said. transportation, infrastructure has not been historically nor should it become a partisan issue. i appreciate the chairman's willingness to work together on many aspects. we will at time disagree over elements of bills, but in general we agree that what makes this country great, what
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makes us competitive in the world is a world-class system of transportation, infrastructure and other critical infrastructure and that today we are deficient. i talked during my introductory remarks about some of the needs. let me just talk about the revenues. back in 1993 when the gas tax was raised by a bipartisan coalition in the house -- actually on the republican side led by the chairman's father, bud shuster -- we paid about 14%. every time you went to the pump with the increase in the gas tax in 1993, 14% of your bill went to invest in the nation's infrastructure. yet today, some 22 years later, 7% goes to the infrastructure. road miles population has
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grown, road miles has increased and the eisenhower infrastructure has aged. you know, infrastructure doesn't just age you know, a little bit each year. it reaches a point where it accelerates dramatically so a bridge that you could fix for $15 million or $20 million today, two years from now, you might have to totally replace for $100 million. so delaying these needed investments, unless you want to see people deall the rivers around the world -- people detouring the rivers around the world just to save on efficiency. now, states have stepped in to fill the void. 14 states have voted to raise their own gas tax since 2013, as the gentleman from oregon pointed out, six deep red republican states have voted to raise their gas tax this year. just to assure my colleagues, for those who raised it before the last election, nobody lost their election because they
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raised the gas tax in those states. people recognize it as a user fee. they're tired of blowing out tires and car repairs because of potholes. they're tired of detores. the trucking industry is tired of detours and they don't want a proliferation of tolls across america. the solution is a federal partnership. the chairman held a hearing recently where we had the department of transportation director from wyoming, deep red state, talking about the fact they had increased their gas tax but they still need the federal partnership. it's critical. we have the governor of north carolina as one of the highest gas taxes in the country, deep red state these days, saying the federal partnership was more critical than ever. the mayor of salt lake city, the federal partnership is critical. no state can do it on their own. now, if i propose that we index the gas tax, the construction cost inflation, fleet fuel,
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the economy, that means the gas tax will go up 1.7 cents and i'd like to see the member of congress who thinks they're going to lose their election over a 1.7 cent investment in america's infrastructure to avoid those potholes, the congestion, the detours, the delays or additional tolling to maintain what we have. it won't happen. it hasn't happened recently in red states that have raised it much more than 1.7 cents. but if we index to inflation, fleet fuel economy inflation cost, inflation, we can borrow upfront for the trust fund, let's say $150 billion. a nice increase over the current levels of spending and we could pay it back in about 15 years. with that increment. just the indexed increment that would grow a tiny bit each year. and again, you drive by the gas station on your way to work and when you drive home at night, exxonmobil has raise it had a nickel because there was rumors of war in the middle east or a
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refinery had an outage or something or this. where did that nickel go? it went in the pockets of exxonmobil and speculators on wall street. it didn't go into the infrastructure. the american people would sure as heck pay 1.7 cents to rebuild our system and make america more competitive and hundreds of thousands of to work than in the pockets of exxonmobil and wall street speculators. it's time to suck it up around here, act like men and women who were sent here to make tough decisions, to regain our legacy, to begin to bring america back toward a world-class infrastructure. it would take many years and many tens or hundreds of billions of dollars to reclaim the legacy of the eisenhower era, but it's only a lack of will. will that prevents us from doing that. there is no major impediment. nobody is going to lose their election over 1.7 cents a gallon. in fact, people will thank you at home. the trucking industry is
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begging, begging for an increase in the diesel tax. the american -- the united states chamber of commerce when's the last time they asked for an increase in the tax? and look all across, retailers, the spectrum, the business community all across this country, people are saying help us. get us out of congestion. fix the system. bring it up to state of good repair. there's americans saying we need jobs. there's no more certain wan than to create -- way than to create jobs, there are engineering jobs in the case of mass transit they're high tech jobs, they are small business jobs, they are disadvantage business enterprise jobs. it goes through the entire economy. no american would be left behind. we can make america number one. all we lack is the will here in the house. let's say this is the last 60-day delay. let's work together and get a real six-year bill by the end of july. with that i reserve the balance
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of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from pennsylvania. mr. shuster: i continue to reserve. i'm prepared to close if the gentleman is prepared. the speaker pro tempore: the gentleman from oregon. mr. defazio: well, just -- ok. staff is consulting. the speaker pro tempore: the gentleman has 15 seconds seconds. mr. defazio: grow america act comprehensive bill which we could begin policy constructions, h.r. 2410, with 19 co-sponsors. with that i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from pennsylvania. mr. shuster: thank you, mr. speaker. i always appreciate the ranking member mr. defazio's passion on these issues and i have to say that much of what was said on this floor by both sides, i agree with the need to invest in our infrastructure is real, it's critical. our infrastructure is crumbling all around us. i also agree that we need to find a long-term solution to the trust fund to make sure it's fiscally responsible and most importantly i agree that we need to act.
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this two-month extension was not my preference. what my preference is to buckle down, work hard, find the dollars and have a long-term surface transportation bill that's sustainable. so again, i stand here today in urging all my colleagues to vote for this essential two-month extension, to get us through to july. i'm committed to continuing to work to find the solutions so we can have a long-term bill, but a vote against this bill is a vote in favor of shutting down these vital programs, stopping work of thousands of highway projects around the country and laying off thousands of construction workers and federal employees. so i urge a yes vote on this bill and i yield back the balance of my time. . the speaker pro tempore: pursuant to house resolution 271, previous question is ordered on the bill. third reading of the bill. those in favor say aye. those opposed, no. the ayes have it. the clerk: a bill to provide extension of federal aid highway safety, motor carrier
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safety transit and other programs funded out of the highway trust fund. >> i have a motion to recommit at the desk. the speaker pro tempore: is the gentlewoman opposed? the clerk: ms. et ceteray moves to recommit the bill and report back to the house forth with with the following amendment, at the end of the title 1, add the following, passenger rail positive train control funding. passenger rail positive train, control funding. section 201 of title 29 united states code is amended by inserting and $750 million for the period beginning october 1 2014 and ending on july 31, 2015 after 2013. the speaker pro tempore: for what purpose does the gentleman
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from pennsylvania rise. mr. shuster: i reserve a point of order. the speaker pro tempore: pursuant to the rule gentlewoman connecticut is recognized for five minutes in support of her motion. et cetera et cetera mr. speaker this is the final amendment of the bill which will not kill the bill or send it back to committee. ms. esty: my amendment provides funding to passenger railroads to help them implement positive train control. tragically last week amtrak 188 derailed killing eight people and injuring more than 200. my thoughts and prayers are with the victims and their loved ones. unfortunately last week's tragic accident is just the latest in a series of incidents that are unacceptable and largely preventable. according to the national transportation safety board member who is the lead investigator of last week's amtrak derailment in
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philadelphia quote, had positive train controls been installed on the section of the track, this accident would not have occurred. what is positive train control? positive train control commonly referred to as p.t.c. is a communications and signalling system that uses sensors to communicate train location, speed, restrictions and moving authority. and most importantly p.t.c. can save lives. for instance positive train control technology can detect if a train is going too fast and use onboard equipment to automatically slow or stop the train. mr. speaker last week's derailment is not the first time that ntsb has recommended positive train control. this recommendation has been made since 1969 following an investigation of a head-on collision of two penn central
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trains collision in my home state. that collision killed four people and 43 injured. 46 years after that deadly collision in connecticut, the ntsb is demanding and waiting for action. during this time, the ntsb has investigated 144 accidents that would have been preventable if railroads had installed p.t.c. not surprisingly it has been on the most wanted list of safety improvements since 1990. 144 accidents over 43 years. try and think about that, try to comprehend 6,532 preventable injuries. 288 preventable deaths. and this just isn't an issue only on the northeast corridor. in 2008, a tragic accident in california killed 25 people and
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injured 102. after that accident, this house enacted legislation requiring p.t.c. on commuter and inner sfi passenger rails by december 31 of this year. protecting lives requires leadership from this congress. the american public transportation association asked congress to provide federal funding for 80% of the installation costs on passenger rails. we in congress can help. we can and must make this investment before another terrible accident, before another life is tragically and needlessly lost. we can't afford to wait. less than two years ago a metro north railroad engineer fell asleep at the train he was operating sped up to 82 miles an hour to a tight curve. the restriction for that section was only 30 miles an hour. as a result of the derailment,
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four people died and 61 were injured. with tragic predictability the ntsb investigation determined that positive train control could have prevented that tragedy as well. how many more times does the ntsb need to repeat its recommendation before p.t.c. is implemented? there is no reason why this congress should continue to ignore its responsibility to help passenger railroads implement the life saving technology as soon as possible. i urge my colleagues to join me in supporting this amendment to provide the necessary funding to help railroads implement p.t.c. across the united states. let me be clear, the funding would prevent every single accident. the fact that p.t.c. will not prevent every accident should not, cannot be an excuse for this congress' failure to act.
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failure to act today on implementing positive train control is wrong. it's unworthy of a great country. a great country does not respond to crises with duct tape, a great country leads with action. join me to vote for this amendment and i yield back. the speaker pro tempore: for what purpose does the gentleman from pennsylvania seek recognition? mr. shuster: i rise in opposition and wish to withdraw my point of order. the speaker pro tempore: point of order is withdrawn. the gentleman is recognized for five minutes. mr. shuster: i oppose this motion. we certainly know the tragedy that happened in philadelphia, my home state, this really is not the place to address this. we need to pass a clean extension. we have to pass it and get it to the senate so we make sure that these vital programs keep people working and projects moving forward that they don't shut down. again, this is a clean extension. we want it to be a clean
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extension because we know time is of the essence to get it to the senate and pass it. 4,000 people in the federal government furloughed, thousands of workers across america that projects will stop and they won't be working. again, we have immediate need to extend the highway and safety transportation programs and committed to working with chairman ryan, but this is not the time to slow this down but get it done and get it to the senate as quickly as possible. i'm opposed to this motion. i urge a no vote on the motion. and continue to ask my colleagues to support the underlying bill that gets the job and gets us past this critical time. with that, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. without objection the previous question is ordered on the motion to recommit. question is on the motion. those in favor say aye. those opposed, no. in the opinion of the chair, the noes have it. >> i request the yeas and nays. the speaker pro tempore: those
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favoring a vote by the >> coming up on c-span, the road to the white house coverage continues with hillary clinton's remarks in iowa on iraq and the economy. then, "washington journal" live. then the u.s. house on the research and development tax credit. >> on the next "washington journal," tim murphy joins us to talk about the state of the u.s. mental health system and his legislation to improve access and care. charlie wrangle will discuss the ongoing train debate -- trade
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debate in congress. spotlight on magazines continues later. those conversations, plus your calls, tweets, and e-mails. >> coming up today on c-span 3 the senate foreign relations committee will hold a hearing on the future of u.s.-cuba relations. see the hearing as it gets underway live at 10:00 eastern. then, the u.s. capitol police chief will address multiple recent incidents involving capitol police officers including unattended weapons around the capitaol.
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>> this sunday night, on "first ladies," we will look at the lives of three first ladies. anna harrison never set foot in the white house because her husband died after a month in office. letitia tyler became first lady when her husband assumed the presidency. the president remarried julia tyler after letitia tyler passed away. julia tyler is the first photographed first lady. "first ladies: influence and image." sundays at 8:00 p.m. eastern. as a complement, c-span's new
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book, "first ladies." it is available as a hardcover or an e-book. >> presidential candidates often release books to introduce themselves to voters. here is a look at some recent books by declared and potential candidates. hillary clinton looks back on her time serving in the obama administration in "hard choices." in "american dreams," florida senator marco rubio discusses his plan to restore economics. "god, guns, grits, and gravy" by mike huckabee.
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"blue-collar conservatives" by rick santorum. "a fighting chance," by elizabeth warren. scott walker argues republicans must offer bold solutions to fix the country in "an intimidated." -- "un-intimidated." rand paul calls for smaller government in "taking a stand." more potential presidential candidates include jeb bush in "immigration wars." he argues for new immigration policies. in "stand for something," john kasich calls for a return to traditional american values. james webb looks back on his time serving in the military and the senate in "i heard my country calling." bernie sanders recently announced his intention to seek
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the democratic nomination for president -- his book "the speech" is a printing of his eight hour long filibuster against tax cuts. joe biden looks back on his career in politics in "promises to keep." ben carson calls for greater individual responsibility for -- in "one nation." in "fed up!" rick perry explains that government has become too intrusive. lincoln chafee wrote "against the tide." carly fiorina shares lessons she has learned from her difficulties in "rising to the challenge." louisiana governor bobby jindal criticizes the obama administration and explains why
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conservative solutions are needed in "leadership and crisis." in "a time for truth," ted cruz recounts his journey to the u.s. senate. look for his book in june. >> now, hillary clinton continues her presidential campaign in cedar falls, iowa. this stopped also marks her first briefing with reporters in about three weeks. she answers questions about iraq and her state department e-mails. we will have that for you following this roundtable that is just over an hour. hillary clinton: hi, everybody. great.
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you in particularly our round table participants for being with us today. thanks to vitech for welcoming us to this facility. i am deelected to have the chance to talk more about small business. but i want to begin by saying a few words on what is happening with the american economy and families because i have always believed that when our families are strong our country is strong. we have come back from very tough economic times. i don't need to tell anybody here that. our economy and our country are in much better shape today. and in large measure because families worked so hard. they took extra jobs, they skipped vacations, they scrimped, they postponed going to college they saved and made
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it work. but the deck is still stacked for those at the top. people are not getting a fair shake. something is wrong when ceo's earn more than 300 times than what the typical american worker earns. and when hedge fund managers play a lower tax rate than truck drivers or nurses. i am running for president because every day americans and their families need a champion and i want to be that champion. i want families to do more than just get by. i want them to get ahead and stay ahead. i want to make the word middle class mean something again. smalls businesses like vitech and the ones you will hear about today have to be at the heart of that effort creating jobs driving growth giving millions of americans the chance to give up to their own god given potential. i didn't learn this from politics.
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i learned it from my father who was a small business man. he had a very small business. he printed dapery fabric went out and sold them. my brother, mother and i would help out with the printing process. that is what put food our on table and gave us a solid middle class home. today small business all over have worked themselves back from the perfect storm of the crisis when sales and credit together dried up and businesses are starting to sort out how they can grow again how they can add jobs and planning for the future. but i think the deck is stacked here as well. ask any small business owner as i have and they will tell you it is wrong that it is so easy for big corporations to get breaks but so hard for small businesses even to get a loan. it should not take longer to
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start a business in america then to does in canada or france. but that is the fact. now i want to be a small business president. a president who does make it easier to start and run a small business again in america. so it seems less like a gamble and more like an opportunity. we have to level the playing field for our small business. we need to cut the unnecessary red tape that cost sing small businesses time and money. we should scrub the federal regulation regulations to find ways to make life easier to small business. and offer incentives to state and local governments to do the same because that is where many of the obstacles lie. we need to simplify tax filing and provide targeted credit and deduction for small businesses
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not just the big corporations that can afford the lawyers and lobbyist to find every single loophole. third we should use technology to expand small businesses into new markets whether it is across the state or world. that is what i did in partnership with with ebabey. we started a public private relationship help companies reach customers very far away. of course i want to emphasis this i will fight to level the playing field for small businesses so they can get the financing they need to build and hire including women and minority entrepreneurs who face extra barriers. and this morning, when i was reading the des moines register big headline, report iowa ranks last for women-owned businesses.
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this could not be a more timely article for our discussion today. and although it said iowa has made some progress. it saw the lowest growth in those businesses by women from 1997-2015. and women-owned companies have the least economic clout in iowa compared to all other states and the district of columbia. so this is a very important issue for our whole country but i think it is especially important for our friends here in iowa because access to credit can be as important to growing a small business as it is to the big ones. and you should not have to be a fortune 500 company to get a loan. for many small businesses these loans have come from community banks are deep local ties. but today those same local banks are being squeezed by
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regulations that don't make sense for their size and mission. like endless examinations and paperwork designed for banks that measures access in the many billions. when it is harder for small banks to do their jobs it is harder for small businesses to get their loans. we can ease the burden without hurting the consumer and without letting up on wall street. we should not apply the same restrictions on community banks as those needed to regulate the big banks. let's be clear about this. it isn't the big banks that need relief from washington. it is small banks and small businesses. we should do more to rein in behavior on the too big to fail banks. i fully support the regulations from dodd frank but we should pass common sense community banking reform right now. however the republicans in the
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congress insist on using this issue to give relief to community banks as a trojan horse rolling back protection for consumer and rolling back the rules on the biggest banks as we are seeing in legislation republicans are producing right now. we should call this a senate bill attempt to gain the system for those at the top. our goal should be helping community bacbanks serve their neighbors like they always have. help them create jobs and help families get ahead and stay ahead. i am very eager to hear the ideas from everyone around the table. i see some elected officials in the audience and i am excited to hear their ideas as well. we know there are obstacles and
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we want to know what we can do to help our community banks get back on their feet to do what they want to do most which is help businesses in the community expand. >> why don't we start with introductions? >> i am fred johnson your host of the day. excited to see so many people hear. >> donna parson the chair of ceder fall banks board of director and pleased to be hear representing the many community banks not just in the state of iowa but nationwide. >> and i am the owner of marketing and four seasons consulting. i am happy to be moderating and being a panelist which is a
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challenge. let's start with questions. donna? >> i need to say after listening to what you just said about community banks and relieving some of the regulatory burdens i cannot tell you how enthused all of us in the community banking world are to hear this. 88% of the banks in this country are community banks. and we are loosing those at a rapid rate unfortunately about 10 every year in iowa and part of that is because of the regulatory burdens that have been placed upon us. and we exist to support small business. small businesses are our bread and butter. we go hand and hand as a partner with our small business customers. and the burdens that have been placed on small business owners from the regulatory and documentation standpoint impact us as well. it creates extra expense complication, the average annual
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salary for a compliance officer is $73 400 which is a burden on a smaller bank. we need to be regulated. certainly as bankers and community bankers we need to be regulated. our customers and employers and everybody can trust us with their money and we have a responsibility to do that and we should be regulated. but the regulations need to be parsed out and allocated appropriately for risk profile business model size geography and all of that. >> donna, if i could just follow-up on what you said because i think people forget. they look at the banking induesseldorf -- industry and see the big banks with the trillions in assets and they think that is what represents american banking.
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but as you point out 88% of our banks are community banks. what i have been hearing and talking with community bank board members officers, is that what was meant to rein in too big to fail has really fallen actually harder on them and that is why they need relief because they were not part of the problem. and yup, they are in some ways saying it is disproportional. is that fair? >> that is right on the money. we are not creating systemic risk. we are not too little to fail. that is exactly right. we need to be a regulated industry but they need to make sense for the different size and profile i mentioned earlier. that is very welcome news. we want to be able to loan money to your small business clients.
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>> what i see happening, which is my i mentioned it at the end of my opening remarks is that community banks are paying the price in two ways. paying the price for being regulated as though you were a large bank that presents systemic risk and paying the price because it is the trogejan horse issue where the republicans are saying they need to make changes in the dodd frank reg playing -- regulations because of changes. i think we need to walk and chew gum at the same time. we need to make changes and provide for the community banks. is that doable? >> i don't know why it would not be. it is in other environments. that is a meaningful distinguishment that has an impact. give us a break so we can get
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out there and loan more money. >> this makes me very happy. i started my first business with my first bank loan at the age of 15 because the mobile banker knew what i was doing and knew i was a hard work. he took a chance on me. i opened my first restaurant with a bank loan at the age of 20 because the bank president knew me and my work ethic and believed in what i was doing and knew it was something the community needed. a large bank never would have done that. >> that is an amazing story. you have the entrepreneur gene. you were 15 going place to place selling baked goods and then at 20 you start a restaurant? >> it was a fun hobby that kept growing and growing.
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>> when you started goldie's how old are you? >> i was 20. >> i bought an ice cream shop from a lady ready to retire. at that time the community had not had a restaurant for over two years. i thought i would serve sandwiches. it has grown to a whole scale restaurant that does over $700000 a year in sales. >> how many employees? >> i have almost 30. >> i feel like i should say i rest my case. that is exactly what we want to get moving again in the economy so that more young people in particular have the chance to do what you did brad. as you began to build your business did you encounter obstacles and you were in the middle of the great recession while putting this together. can you talk about the realities you had to over ppcome.
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>> starting out of college i thought i knew everything. i opened a restaurant and have been doing food service for a few years. i didn't know as much as i thought i did. it was a really tough hurdle to get the expenses reined in and get the business tuned so it works. it took me about three years. i lost a lot of money in that process. my banker was patient with me and saw the potential and enabled me to keep the business operating to get it to the point where it was successful. >> dawn, does that sound familiar? as a community banker this young man you have known and watched, may not have all of the collateral in the world, but has the ambition work ethic and ideas and you are able to take a chance on him? >> absolutely. we know his story. we know the local market.
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we know some about his background. so we are able with local decision making to extend credit maybe a little more generously and maybe on more favorable terms because we are neighbors. that is the difference. i wanted to throw something in. you commented brad that you don't know how to get started and that is a very interesting and common thing when we see entrepreneurs or new businesses coming in and talk to our bankers. they don't understand about financial statements, budgets, financial projections. i want to throw out there there are a lot of free resources in this country that plays out differently in different areas. retired executives is a wonderful free resource. i know a lot of community colleges have programs available to new business owners and entrepreneurs. chamber of commerce and economic development organizational
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efforts can help. >> brian has a wonderful story about one of those resources here locally through the small business development center. >> great. >> those are great. as i was trying to figure out okay by debt is growing, my income is not paying all of the expenses but i am lined out the door, what am i doing wrong? i am always busy but not making money. this business development center was freight great for avenues to look at to work on here are resources you can look into for help and assistance and counseling and it was great to have that. because you know in small town iowa there is not a lot of resources to help you. it was great to have that connection. >> how did you find your way to that help? >> i went to the city manager saying this should be working and it isn't. i don't know what i am going to do. and he connected me with the
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county development office and they led me to here. >> that is a very important point. even if you have the drive and ambition you may not have all of the skills and appearance and the more you can rely on people and resources to get over those hurdles the better. and you do a lot of that? don't you connect a lot of people through your business? talk about your business and what it does to help? >> i started a consulting business in 2007 providing technical assistance and counseling to small businesses. that grow from a passion of being able to give back because i believe as you said small businesses are the engine that drives a community. and when we can take that and bring that into a larger eco system of sharing and compassion and sensitivity toward people that want to start businesses and not to discourage them. i think some policies really may
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not be intentionally discouraging people from starting businesses but there are policies in place that do. >> like what? give us some examples. >> one of the things i have done in the past is work with small businesses that are low income individuals. there are a lot of challenges there. there are a lot of pathologies there. i have a question for you from someone that kind of expresses some of the issues of people who want to start businesses but they don't have the credit they might have challenges that will follow them for years and years and sometimes forever, here is the question: do you have any plans to make funding loans available to young entrepreneurs? will you change the language in the law that prohibits people with criminal backgrounds the ability to access these funds?
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or do people who made mistakes in their past not matter in society anymore? so i work with people who were in some of those situations. and some of the policies of not being able to you know vote. or policies of credit. you know? it is great when you have credit. and you have access and you can do things. but some people have made mistakes and those challenges have caused them -- hasn't taken their dreams away but it has made it more difficult for them to pursue those dreams in a way as brad did. having the counselors and intermead aries that are there
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to help. good credit score. what does that mean to a person who has a dream. but has gotten off track. credit worthyness? give me an opportunity and i will show you what i can do. i have grown. we are human and grow and learn from hismistakes. >> people wonder why some communities in the country are mall halloed out and don't have small businesses or economic resources. there are a number of reasons and one is the point you are making. many people because of where they live or they made a mistake and maybe don't get their voting rights back which i totally disagree with i think if you did your time so to speak
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and made your commitment to go forward you should be able to vote and be judged on the same bases. you ought to get a second chance. but in a lot of communities there are resources but they cannot be put to good use because too many people can't get access to be able to build those dreams in reality. i think we have to take a hard look at that. i think like brad was saying you went to college. did you come out with any debt? >> i come from a family where i went to community college on pel grant. one of my high school disabilities i lost and had negative income. i went to college with a negative networth. if it were not for the pell grant it would have been difficult. >> that is the other thing that happens. people that try to further themselves by going to school and ending up with debt then
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that wiped out their credit score. here they did what they think they were supposed to do. i certainly see it all of the time reading the stories about the ads coming to this college or this school and get these skills and you will get a job. and people barorrow money and don't get the job but still owe. then they go and are considered non-credit worthy even though they are trying to do what we want them to do. it is complicated set of issues. particularly low income communities one of my goals is to do watt i can to provide a good base for self generated entrepreneural activity, small business formation and growth. it is difficult but it is at the core of turning around a lot of communities. that was a very good question,
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too. >> tell us about this wonderful bike shop you have. >> we moved in two months ago. still trying a little. but you talk about using resources this was actually going to be a parking lot. and through a community effort and our local main street organization we discovered grants historic tax credits that made it possible for the development group to make it ready for us to move in and our main street group also on top of small business development centers we used to the past has allowed us to make use of educational training. make it to where upcoming technologies we could use to further our businesses. having that local resource made it nice beyond mainstream. it turned into what used to be a main street area about 20 years ago to a thriving business
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community and the gem of the area. >> did you have a preexisting business that you moved into this new space? >> yeah. we had previously rented and only our former location on main street for nine years and moved over here when this became available. it will further our growth for the next 20 years. >> how many employees do you have? >> we have five employees. we hired additional employees for the move. >> it is new bikes used bikes, customer's bikes, bike parts -- >> service, education we do a little of everything. able to intill our passion of bike lanes and helping out communities. >> i was going to ask about bike parts because i see my friend bill there.
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i wanted him to say something because yesterday at one of my events the senator was there and we were talking about how we can enhance through the use of technology the capacity of small businesses to do even more work for themselves or at least to keep it local. and bill do you want to stand up and esh plain what you were and i were talking about yesterday. come on around here. >> this is a -- this is a cord from a 3-d printed. we call it additive manufacturing. you are adding material and if you had an engine block or a part from a bicycle and you wanted to machine it and you drilled a whole in it that is subtract subtractive manufacture.
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this is a mold to make compressed gas. you will see this is free inside here. and the old world of manufacturing they would have to make a variety of different pieces and then put gaskets and bolt that together. and any time when you are dealing with compresed gas the place where you can have a link is dangerous. not through the 3-d technology. the 3-d printer would lay down a layer of sand all the way across and then another arm comes across and it lays down. and the university of northern iowa at their metals lab is doing research to prove these products. so this isn't just for big business. companies use it. they can take a traditional
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manufacturing process of making a mold to make this and go from three months with this one mold to overnight and the cost is incredible on the savings. this is just an example where they printed this nut on the bowl and now this isn't a mold. this is just an example of what you can do. but eventually they are going to go -- this is dealing with sand technologies. but there is metal technologies so they can direct print parts. you know, you could take a drawing of a bike part and print it out of metal or you could do polymers. there is a whole line of different items on a bicycle you could make yourself once you had the design for it. we think that added manufacturing is going to onshore a lot of jobs. not only in iowa but across the country.
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and this morning i stopped in at the tech works and not only are they doing work for companies but the most important thing, i think, is what they are doing is educating the new workforce. what i hear from small business people as the chair of the economic development budget side across iowa they all are fighting to get talented and skilled workers. so as we advance these technologies we have to advance the workforce to help. culinary needs great chefs and people with the tech niskills. these new bikes are so advanced compared to old ones. the technology part is so important. but the workforce is big. and the university of northern iowa with the cedar valley tech
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works is working to develop individuals who can handle this because it is an explosion of technology and 3-d printers are going to go to mars and be on the ships fixing everything. it is amazing. >> i want to explain this because here is an issue of potentially profound implications for business particularly small business. it is american technology. we need to get ahead of it. we need to be using it. we need to be thinking about it. training people for it. but also making sure that you know suppose in a couple years brent decides he wants to have his own 3-d operation so that you don't have to send an order and wait for a part to come. you have somebody trained on your staff to turn it around within hours if not a few days. we have to be looking for every competitive edge we can get.
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and we have two potential future scenario. one is robots 3-d technology, all of the advances we can see happening and even dream of happening will displace workers, will lead to more loss of jobs and we will be once again struggling to find ways to give people the digny and purpose of work. or we can start now which is something i want to do and start right now with a public private partnership trying to figure out how we will get ahead and stay ahead of the technology changes with a particular emphasis on what that means for small business. this is what we have to do. >> private partner research training people they are working with 80 companies right nouchlt they cannot find time to hardly do research.
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we will have the largest 3d printer in the united states here by this fall. small business development centers? federal government has cut back on the funding and states that were struggling to try to keep up and i know because i fund the small business through my budget. we hear over and over in iowa how they help spall businesses. so you are right on and thank you for the opportunity to say a few words. >> thank you so much. i look at where we looked at and this is the tweet spot. the more we can do to generate from the bottom up and training people for small businesses. does that make sense to you that could be something in the future that could enhance your business
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opportunity? >> i would like a 3-d printer. and the other thing we should think about doing is we have two other elected officials here. we can think about how we create centers so that ever business doesn't have to buy their own. you can buy time on it. it should operate in my view 24/7. shouldn't be a 9-5 job. you have the machine it should operate around the clock so that if your bike shop in a year or two is ready for this you can sign up for the time and collect some of de parts you need to do and once a week you get it for a few hours and reproduce them. we have to start thinking differently. this kind of communal cooperative approach is something i have seen work in other places. there has been studies done about how it can be affective in
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northern italy where you have a group of small businesses and each one alone can't afford to buy a machine or to hire a certain expert. but together they can. and then they share that and they teach get their part of it. and you know they are still in competition but they have lowered their cost in a way that makes it sensible for them to cooperate. dawn is that something banks would be interested in funding? >> banks are interested in helping something that helps our small businesses thrive without any question. and kind of wanted to tap on to some of the comments just made too, when it comes to funding things that help small businesses because i think people are familiar and mob maybe you have worked with the small business administration before. they make loans through banks to help small businesses.
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and you know there have been challenges on occasion with funding. you know the government funding the fba. and if they put a ton of money into fba during the financial crisis which was huge and waved some of the fees that business owners have to pay to access funds. we are back to somewhat normal times and it is interesting there are no guarantee fees if the loan you are applying for is less than $150,000. ... about could be raised, it even up to two under $50,000 some of our enthusiastic small business lenders would see
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$300,000 maybe $500,000. as we talked about before, the regulatory side. also, they pulled back, a lot of people will pull back because of that fee. it puts them off and able stop. -- and they will stop. if there would be a way to reconsider that, that would help small businesses. hillary clinton: one of the arguments made against the small business administration by republicans is that is it is a government agency. it displaces banks a total misunderstanding of how the small business administration works, because you work hand-in-hand, the money goes through you, you are the ones that have to make the hard
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choices of who gets it under what circumstances. you have to follow the rules and you would have more flexibly. we wanted to jump start more community bank lending in our communities, part of what we would do is that, raise the limits to avoid the upfront fee. >> it is a partnership. we make the loan, the government helps us guarantee it. that would be great. i want to go back to the workforce job creation issue. there was a question i got about asking you where you stand about transpacific partnership. the writer said that other trade deals resulted in jobs going overseas. when people lose their jobs, they have lower paying jobs, it decreases customers. what is your stand and what
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would you do to ensure that jobs are staying in the country? hillary clinton: this is a hot topic. a procedural vote is proceeding in the senate and i have been clear on this. i have said over again any trade deal that i would support must increase jobs, increase wages, give us more economic competitive power around the world to sell products and must be good for national security. there are questions being raised about this current agreement. it has not been fully negotiated. i do not know what the final provisions are. it needs to be very strong on health and environmental rules. it needs to address, directly or indirectly, the manipulation of currency by countries that would
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be trading partners and begin to reign that in, because that has been a source of us not being as competitive as we want to be. we have to address -- there is a provision in this, as we are told, that i wrote about in my book, that gives corporations more power to overturn health and environmental and labor rules. then consumers have. i think that is a problem. i have said i want to judge the final agreement, i have been portrayed agreements, i have been against trade agreements, i have tried to make the evaluation depending upon what i thought they would produce. that is what i am waiting to see. there are amendments the proposed in the process right now that would direct be a demonstration to cover certain issues or negotiate a certain
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way that would have merit. i want to see how that turns out. i wanted to also ask if either jeff -- do you want to add anything about small businesses? >> i think -- government cannot do anything right -- it can. but it has to be limited. this building is a perfect example. the senator -- he found some capital so this building would not be torn down. it is a historic building. a historic tax credit, one of the most successful economic development programs and i what, has revitalized. it pays for the capital cost to approve the buildings. we passed, and i what -- in
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iowa, the largest commercial property tax credit and i would history that went to small businesses. we can do things that are partnerships that grow our local economy. he knows how to get a hold of me. you can call right away. you mentioned the access to capital. john deere is a fortune 500 company and they had not invested in 3-d printers. today, your instinct are good, because the best runners got installed and up and running and russ 20 47 -- runs 24 hillary clinton:7 -- they are not going to make the other capital investments. a great example of public,
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private partnership. they need tools to be able to do those. it will be wonderful if the federal government was a partner again. you're seeing those examples in iowa. hillary clinton: that is an interesting point about john deere. i'm not saying this is why they had not invested, but but big companies are pulling back on new investments, research, development, new capital equipment investments. because it does not show up in their bottom line quickly enough and they are under pressure to keep putting out as high a set of earnings as possible to try and get credit with the financial markets. i am looking hard at how we can change the tax code so more companies from small to very large are incentivized to make the kind of investments for the future that they have to right
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now worry about making, because they will be punished in their quarterly returns. i am not saying that is what was going on at john deere, but i have seen it enough to note that is a problem for the biggest of our companies. >> i want to thank you, last night after we spoke, there were several people that got on my facebook and twitter and were excited that we had someone that is bringing energy to iowa, too small businesses, they are excited to see the future brighter. i think that is important and you are bringing that. it is nice to see people say this is exciting. it is good to have that energy back. we had lost that. i and my husband shop all local small businesses as much as we can. the quality and service is
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better. we feel like we are helping our community. you are bringing that back to light. he is 25, i think where showing empowerment for local businesses and what we want to do is get behind you and encourage our community to take advantage of our small businesses. there are lots of gems. i think you are bringing that to light and i appreciate that. hillary clinton: that means a lot to me, because my goal is to set the table so people can solve problems again. not get caught in ideological debates and name-calling and finger-pointing, that does not help anybody, it does not start a small business or educate a child. if we begin to put our heads together about what works and
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build on that, there is no limit to where we can be in the 21st century. everybody who talks about how america cannot do this and we are behind or in decline, they are wrong. anybody who has bet against america has lost. that does not mean we can sit back and assume it will work out for the best, we have to work hard, like these people who run their businesses are showing and we have to should -- stay ahead of the curve, because we live in an increasingly competitive world. we have other countries and companies and workers who want what we have. i do not fault them for that. it is our fault if we do not stand up and push back and push ourselves forward. that is where i want this campaign to be -- not about me, but about us, what we can do together, new, good, ideas. look at them, hold them up to
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the light and make sure they are real and figure out how we of lament them and provide -- implement them and provide opportunities for more people. being a popcorn person you have to tell us a few things about your business. >> we opened in february of .14. -- 2014. we have a location in columbia south carolina. [indiscernible] hillary clinton: wow, you are expanding. did you have experience in running a retail store? >> no. hillary clinton: how did you go to the bank with your idea and make the case a should fund your
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business? >> i have been talking about this with other small business owners. [indiscernible] he had relationship with community banks. they believed in him. hillary clinton: that is often the way it works. [indiscernible] hillary clinton: that is great. how many employees do you have? >> nine employees. hillary clinton: that is terrific, congratulations, good luck. any other small business stories before we wrap up? >> i started a small business in my 20's. everybody said you are a female, young. [indiscernible]
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i went crawling on my hand in these. -- and knees. [indiscernible] hillary clinton: that is another part of the four points i made about the excess and regulations. given where we are with online everything we should be able to do much more of this online. we should be able to slim it down. everybody is trying to protect themselves, so they asked a million questions when 10 would do. if we have the right 10 questions we need answers for from people like yourself and others, that should be adequate. we need to put our heads
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together and figure out how to do that. there are interesting lending programs online right now. that are providing funding much faster, based on online transactions. >> and that is a real issue. a burgeoning issue any financial services industry, certainly any regular the business industry are the nonbanks, which there are a variety of different kinds, lending tree, lending.com and from a bank perspective very helpful to us to have more of a level playing field in terms of how the banks and non-banks are treated regulatory and from a taxation standpoint. some are under regulated, some are nonregulated, i think everyone is aware that credit unions, which started with the best of intentions for lower
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income people, people of modest means to pool resources and lend to each other. they have exploded, not for the little person any longer, but there are 200 credit unions larger than $1 billion. that is bigger than 90% of the banks. that is tough for us. from a competitive standpoint to be a bank that pays taxes and competes with a nontaxable entity, but worse from a taxpayer standpoint, a custom there are billions of dollars of taxes where that that environment would be paid. once the cystic to trot -- one statistic to dry out -- the average iowa they live for paid -- family of four paid $2.5 billion -- a credit union with
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$38 million of profits paid zero. add to that, the federal poverty level for that family of 4 is about $24,000. when you take $11,000 from $24,000, i am not good in the -- hillary clinton: you do not have to be good at math. >> one thing that bicycle retailers across the nation -- we are starting to see more people embracing technology of shopping online and we are disadvantaging the brick and mortar retailers that pay sales taxes that fund our city governments, police officers firefighters. that is an unfair tax burden
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that the brick and mortar people have to pay, where i -- and he keeps our money local. hillary clinton: a good point. when i finish talking to the people here. i might. i will have to ponder it. i will put it on my list. for due consideration. >> one of our biggest challenges for small business is internet. one of the challenges we see coming -- [indiscernible] in the rural towns there is no internet other than dial-up.
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one thing would be wonderful would be to do a cooperative like when we electrified rural america, if we could do the same thing with broadband. hillary clinton: it is a challenge for rural everywhere and for some urban areas that are not considered attractive enough to have the kind of high-speed internet you are talking about. i agree with you completely. in the weeks ahead, i will be talking more about how we must become more competitive in providing high-speed internet across our country and the perfect example are the rural electric cooperatives. when we electrified our country it became clear that we would do a pretty good job in the larger metropolitan areas. that private utilities would want to go there and there would be a lot of business there.
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it would be expensive and it was not that attractive from a profit perspective to put the lines in to go into rural america. that is where the rural electric corporatists came in they said we will provide a service that will connect our entire country. it took until the late 1960's to get every single part of our country electrified, at least the lower 48. i think your point is a smart one. if we are going to be competitive globally -- and there are a lot of smart people in rural areas who have good ideas. when i referred to the partnership i set up with ebay when i was senator in new york we had upstate new york and way upstate, the north country near the canadian border, around the adirondacks. they had a lot of small business people with great ideas. they did not have a big market. what we did was connect them --
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helped them do a website, got them on ebay, help them advertise. the man who was making fly fishing rods and only selling one every couple of weeks, could get orders from scandinavia. we need to do that everywhere. so you can sell your products from wherever you are and you can sell it to the global marketplace. that is where we can do more than we are doing and we cannot do it without high-speed internet. i applaud you for that. >> we are coming close to the end. do you want to get gas get a closing summation? i want to thank the panelist and guests forming here. -- for coming here. hillary clinton: this conversation is another example of why i love doing this. i always learn something. i feel like we need a conversation in our country
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where we are talking to each other, respecting each other's opinions even when we do not agree we are listening and learning. then figuring out the best solutions for the problems we face. i have gotten an enormous amount of good ideas and good information from doing these roundtables. i want to thank all of you for participating. what we want to do now is take a picture and maybe have our elected officials joint picture. we will be able to do that and then i might -- if i can learn something, i might come over and say a few words and take a few questions from the press. then maybe we can get bill and jeff and timmy to join us. should we stand up?
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hillary clinton: bill, thank you for this. movable parts, pretty amazing. hillary clinton: get everybody popcorn heaven, get everybody up here. a good rule to remember.
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>> he is in the process of putting that part into the computer, so they will print that out. that is the table when it came out and downloaded it. ready to restore. get an opportunity to come this fall. hillary clinton: i would like that -- this is part --
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[chatter] >> do you regret the way the
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clinton foundation handled foreign donations when you were secretary of state, and your opponents say that foreign donations any private e-mails are examples of the clintons having rules for themselves and others set for themselves. hillary clinton: i am so proud of the foundation and the work it has done and it is doing. it attracted donations from people, organizations from around the world. i think that goes to show that people are supportive of the life-saving and life changing work it has done here at home and elsewhere. i will let the american people make their own judgment. >> given the situation in iraq, are we better off without saddam hussein in power? hillary clinton: i know there have been a lot of questions about iraq posed to candidates over the last few weeks, i have made it clear that i made a mistake.
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i have written about it in my book, talk about it in the past, what we now see is a very different and very dangerous situation, the united states is doing what he can, but this has to be a struggle that the iraqi government and people are determined to win for themselves. we can provide support to him about they will have to do it. >> on your income disclosure recently on friday, you are in the top earners in this country how do you expect everyday americans to relate to you? hillary clinton: bill and i have been blessed and are grateful for the opportunities we have had, but never have we forgotten where we came from or forgotten the country we want to see for our granddaughter and that means we will fight to make sure everybody has the same chances to live up to his or her own god-given potential. most americans understand that
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the deck is stacked against those at the top and i'm running a campaign that is stating we want to reshuffle the deck and get back to having more opportunities for more people so they can make more out of their own lives. i think that is exactly what america is looking for. >> can you expand a relationship as secretary of state with cindy blumenthal? there is a report you exchanged several e-mails and should american expect if you are elected president you will have the same relationship with your friends? hillary clinton: i have many old friends and i always think that it is important you get into politics to have friends you had before you were in politics and to understand what is on their minds. he has been a friend of mine for a long time, send me unsolicited e-mails which i passed on in summonses is. -- in some instances. that is part of the and take. when you are in an official
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position you have to work to make sure you are not in a bubble and only hear from a certain small group of people and i will keep talking to my old friends. >> we learned that the state department might not release her e-mails until january of 2016, a federal judge says they should be released sooner, will you demand they will be released sooner. was there a conflict of interest in your giving paid speeches into the run-up of your announcements you are running for president? hillary clinton: answer to the second, no. as i have said repeatedly, i want those e-mails out. i respect the state department they have their process that they do for everybody, not just me. anything they might do to expedite that process i support. i want the american people to learn as much as we can about the work i did with our diplomats and developing experts.
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i think it will show how hard we work and what we did for our country during the time i was secretary of state, where i worked hard on behalf of our values and interests and securities. the e-mails are part of that. i have said publicly and i am repeating it today, i want them out as soon as they can get out. >> will you demand it? hillary clinton: they are not mine. they belong to the state department, so they have to go through the process, but as much as they can expect their process, that is what i am asking them to do. thank you all very much. >> do you regret deleting 32,000 other e-mails, mrs. clinton? >> this sunday night at 8:00
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eastern on first ladies influence and image, we are looking at the personal lives of three first ladies, and harassing, letitia tyler and julia tyler. and harrison never set foot in the white house because her husband dies after a month in office. letitia tyler becomes first lady when her husband, vice president john taylor, assumes the presidency, as she passes away a year and a half later. the present remarries julia tyler, the first photographed first lady. anna harrison, letitia tyler and julia tyler this sunday night at 8:00 p.m. eastern on c-span's original series, "first ladies -- influence and images." from martha washington to michelle obama, sundays at a clock p.m. eastern on american history tv on c-span3. as a competent, c-span's new book, "first lady's desk residential historians on the
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lives of 45 iconic american women," available as a hardcover or e-book through your favorite bookstore or online bookseller. >> today on c-span, the house returns live for work on a bill to permanently extend the research and development tax credit that expired at the end of last year. next, "washington journal" is lived with your calls and today's news. coming up this hour, medical health caucus cochair tim murphy of pennsylvania joins us to talk about the state of the u.s. mental health system. and his legislation to improve access and care. then, new york congressman charlie wrangle will discuss the online trade bait in congress and relations with cuba. later, spotlight on magazines continues with bloomberg's susan their field, a recent article on
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the baby boom and visa process. those conversations pleasure they -- facebook conversations tweets, and e-mails. host: good morning, and welcome to the "washington journal" on this wednesday, may 20. iraq and the fall of ramadi to isis is the lead story this morning. up on capitol hill, the house yesterday passed another short-term extension to fund the federal trust fund for highways and roads. state and local officials are becoming enraged at congress' inability to pass a long-term fixed to the trust fund.