mr. andrews: mr. speaker, what brings us together as a -- is a need to create jobs for the american people. and i think people would agree there's three things we need to do to create jobs. the first is not fall off a cliff and have a default on our national obligations. this bill accomplishes that. the second thing is to make sure we have an interest rate environment so that our businesses and entrepreneurs can create jobs, so they have some predictability. by making a 25% to 30% down payment on reducing oudeficit in a fair and equitable way, this bill does that. and finally i think most of us adepree that we need investments in our education, research and development, infrastructure, other activities to create jobs in our private sector for our people. by making sure that at least in the first two years of this agreement that the reductions in those areas are either nonexistent or moderate, i think that we give ourselves the freedom so our appropriators can put valuable investments forward in that w

mr. andrews: i yield. mr. dreier: i'd like to congratulate my friend for his very thoughtful statement and to say that when we look back at that -- and, mr. speaker, i yield myself one minute. the speaker pro tempore: the gentleman is recognized for one minute. mr. dreier: i'd say to the projected $500 billion in deficit reduction and the $1.6 trillion that we obtained we know why it is that came about. it was gross domestic product growth. and my friend and i have been working together for many years, focused on how it is that we can get our economy growing. mr. andrews: will the gentleman yield? mr. dreier: he'll yield in a second. i believe as we continue to focus on that that we will see benefits beyond those anticipated today when it comes to deficit reduction if we're able to generate -- unfortunately we had 1.3% g.d.p. growth in the last quarter -- if we had get to 3%, 4%, 5% g.d.p., my friend knows we are going to be in position where we will see an even greater reduction to the deficit in years to com

mr. andrews: mr. speaker, what brings us together as a -- is a need to create jobs for the american people. and i think people would agree there's three things we need to do to create jobs. the first is not fall off a cliff and have a default on our national obligations. this bill accomplishes that. the second thing is to make sure we have an interest rate environment so that our businesses and entrepreneurs can create jobs, so they have some predictability. by making a 25% to 30% down payment on reducing our deficit in a fair and equitable way, this bill does that. and finally i think most of us adepree that we need investments in our education, research and development, infrastructure, other activities to create jobs in our private sector for our people. by making sure that at least in the first two years of this agreement that the reductions in those areas are either nonexistent or moderate, i think that we give ourselves the freedom so our appropriators can put valuable investments forward in that

mrs. patriarch's bed and breakfast becomes an episcopal church called st. andrew's by the sea. so here it is in that incarnation. in the back there's a shed there. that's the sunday school, it says. you can see the fence. it was necessary to sort of fight the sand and keep it at bay. it's another pretty famous house on the great highway. it looks sort of like a mechanist myian temple or something. it kept being boxy and then growing. it's in the center here. it was made up of about four or five cars, actually. you could see people had different takes on it. some people liked to keep their cars very exposed and open. kind of have that old sutro land quality to it. so people could see it was a car. and others really rushed to shingle over or hide the caffers -- cars inside the architecture. this is the house on 40th avenue you see he has two cars. then he builds a more conventional little cabin on the right. again, it was sort of like you're showing off the cars. you don't necessarily need them. you could build a very small little cabin. the stars are made up, by the way. i just

andrew ross sorkin, co-anchor of "squawk box." the best to our man of the sorkin house, mr. max. >> thank you very much. >>> the federal aviation administration on its way to being back in business. senate majority leader reid says the congress has reached a compromise to end the stalemate that caused a partial shutdown of the agency, kept tens of thousands of workers out of work. the new deal reportedly would extend the faa's operating authority through mid-september and eliminate $16.5 million in subsidies to 13 rural airports. the senate is expected to pass the previously approved house bill today by unanimous consent. after the president signs the bill this weekend, roughly 70,000 employees and construction workers will go back to work on monday. and that is great news. >>> breaking news out of libya this morning. a rebel spokesman says moammar gadhafi's son was killed in a nato airstrike. the city in the western part of the country, gadhafi of the leader of the 32nd brigade fighting in the rebel-held city of misrata and the capital of tripoli. there's been no comment fr

. >> andrew stephenson. >> thank you, mr. speaker. i join with my honorable friend in paying tribute to police who didn't just send officers down to london, but also sent officers to support manchester police. following the arrest of a 25-year-old in nelson, in my constituency, for inciting people via facebook, could the prime minister comment more on what is being done to insure

mr obi reflected on his ordeal . on the ground. when they. should just. soldier that he's well anyway and have a new say england cricket captain andrew strauss says his side will continue to work hard after completing a four no series whitewash over india after the final test the skipper was all smart as you would expect he just seen a side beat india by an innings and eight runs during the season during the series england so the world number one ranking from their opponents and strauss said the feeling was different to the emotion felt when england won the ashes two years ago . well i think i think in two thousand not maybe as if there was a bit more motion because we went into a game one all in no one knew how the series going to end up so coming to the series this came through in the law abiding we were very motivated by the idea of making it for no you know we were confident we we felt that we had the ability to to win this final game but we had to dig deeply again and as i said that's what i'm most proud about is the guys were prepared to do that even when they didn't really have to. i think that bodes well for future and finally cyclists pablo lustr

mr. minnery, and it's good to see you again. our next witness is andrew sorbo, he's a resident of berlin -- how do can you pronounce it in connecticut? >> berlin. >> berlinment same way we do in vermont. [laughter] we have a berlin, vermont, for those who were wondering. andrew and his late spouse shared a life for nearly 30 years. they were joined in a civil union in vermont in 2004, that's back when vermont had civil unions before they had same-sex marriage, and legally married in connecticut in 2009. please, go ahead, sir. >> thank you, senator leahy, senator feinstein and senator blumenthal, for inviting me to testify before this committee. my name is andrew sorbo. i am 64 years old and a resident of berlin, connecticut. i spent 35 years as a teacher and principal in the catholic and public schools of rhode island and connecticut before retiring in 2005. i'm here today to talk about how i have been hurt by the defense of marriage act after i lost my partner of nearly 30 years, the love of my life and my legal spouse, dr. colin atterbury, a professor o

andrews has the terrible job of phone supervisor in the speaker's office. >> there are 203 people currently on hold. they've been waiting to talk to mr. boehner. person has been waiting 45 minutes. >> reporter: and in the speaker's political bat cave they follow twitter real-time. and they monitor every word coming from the white house. it's all part of the atmosphere that greets the speaker along with us as he arrives at the capitol to face his fellow republicans in an all-important meeting. you're going into your caucus directly into your caucus meeting? >> oh, yeah. hello, everybody. >> reporter: wherever the speaker walks today and in the capitol you walk forever, he doesn't appear to be his usual self. ♪ big bad john ♪ john boehner, the plain-spoken man from ohio is under intense pressure to line up every republican vote he can get to get his revised bill through congress. by all accounts, the big meeting with his fellow republicans is tense. in no uncertain terms, the speaker tells hard-line conservatives who are in no mood to compromise to get in line behind his bill. ♪ everybody knew you didn't give no lip to big john ♪ mr. speaker, is

prior to the founding of andrew davidson & company in 1992 he worked at merrill lynch were using managing director in charge of financial and systems analysts. we will begin with mr. hamilton. your testimony, written testimony will be made part of the record. please feel free to summarize and make the points. mr. hamilton, please. >> good morning, chairman, ranking member, and members of the subcommittee, i'm managing director at barclays capital, i'm responsible for the securitized products trading business. i'm pleased to testify today on behalf of the securities industry and financial markets association. housing is a critical part of our economy and is at the center of a virtuous circle. housing gets jobs which gets housing. consequently, the u.s. mortgage market is enormous. for example, the mortgage market is up roughly equal in size to the total size of u.s. bank balance sheets. given the banks engage in activities other than residential mortgage lending, their balance sheets alone cannot meet the country's need for mortgage credit. ginnie mae, fannie mae, freddie mac and private institutions use the process of securitization to provide capital that allows

andrew, after 1992. the point is, this is really the first time, in many cases, that a hurricane deductible might have been triggered in the southeast and in the gulf coast states. again, as mrwatson mentioned, if you have a home insured for $200,000, a hurricane deductible that is 2% of the insured value, you have a 4% deductible against a $1,000 deductible. for some states, those will be triggered for hurricane irene. in some other states, where the wind was lighter, where there was not a hurricane that made landfall, a standard deductible will apply. i think that that is a relatively minor factor. the principal factor here is that hurricane irene was simply not that strong. host: from "the washington times," this morning, they talked about certain areas not being covered. that there is generally no coverage for the home or personal belongings themselves when it comes to rising water, including water seeping up from saturated ground, and homes from beaches and flood surges. inland areas were amongst those hardest hit by the rains. guest: that is correct. this distinction between flooding and water intrusion, associated with wind driven rain, has always been a distinction i

mr. briggs? >> ok. note to self. thank you, sir. every day, harsh laws, increasing regulations and out of control government regulations infringe upon your rights as american citizens. fox news senior judicial analyst judge andrewxposing them each week in his freedom files. and folks, you won't believe these next three stories. the first one just blows your mind. a cell phone now in the state of pennsylvania is a civil right. you can get them for free. how is that? >> if you receive welfare in the state of pennsylvania, either welfare from the federal government, administered through the state or welfare directly from the state, along with your food stamps, you get a cell phone. because the bureaucrats in pennsylvania, these are not elected officials. these are sort of faceless clerks that administer law, have decided that a cell phone is a right. and so they've increased the cost to the taxpayers of pennsylvania by giving a cell phone with 250 free minutes per month to every welfare recipient. >> every welfare recipient. >> yes. we don't know how much they cost. >> on the taxpayer dime. we don't know what this costs because they just started the program and they haven't added up the bills yet. >> can't wait to

andrew davis and co. he worked at merrill lynch as managing director in charge of 60 financial and systems analyst. we begin with mr. hamilton. your testimony is part of the record. please feel free to summarize and make the points. >> good morning members of the subcommittee. i am thomas hamilton, managing director of barclays capital responsible for secure a ties product trading business. i am pleased to testify on behalf of the financial markets association. housing is a critical component of our economy and the center of a virtuous circle. housing gets jobs which the get housing. consequently the u.s. mortgage market is the enormous. the home mortgage market is approximately equal in size to the size of u.s. bank balance sheets. given banks engage in activities other than residential mortgage lending their balance sheets alone cannot meet the country's need for mortgage credit. jenny may, fannie mae and freddie mac and private institutions use securitization to provide capital that allows growth of mortgage lending beyond the capacity of bank balance sheets. today private securitization in agency's finance 70%

andrew, after 1992. the point is, this is really the first time, in many cases, that a hurricane deductible might have been triggered in the southeast and in the gulf coast states. again, as mrwatson mentioned, if you have a home insured for $200,000, a hurricane deductible that is 2% of the insured value, you have a 4% deductible against a $1,000 deductible. for some states, those will be triggered for hurricane irene. in some other states, where the wind was lighter, where there was not a hurricane that made landfall, a standard deductible will apply. i think that that is a relatively minor factor. the principal factor here is that hurricane irene was simply not that strong. host: from "the washington times," this morning, they talked about certain areas not being covered. that there is generally no coverage for the home or personal belongings themselves when it comes to rising water, including water seeping up from saturated ground, and homes from beaches and flood surges. inland areas were amongst those hardest hit by the rains. guest: that is correct. this distinction between flooding and water intrusion, associated with wind driven rain, has always been a distinction i