both federal reserve chairman ben bernanke traensy secretary tim geithner testify. and when that hearing wraps up live coverage of the house budget committee as it begins consideration of the republican's budget proposal for next year. we expect to bring you the house budget markup at about 12:30 p.m. eastern. >>> lawrence lindsay led the white house economic council during the first two years of the george w. bush administration. at the atlantic forum on the economy last week he said neither democrats nor republicans have credible economic plans. he was interviewed by the atlantic's editor and chief. [ applause ] >> there's been a lot of discussion about how difficult the last decade has been in global markets, global economies. we don't need to belabor it. what is your diagnosis of what we have just gone through, the problems that we've been facing? >> well, you know, i think the guilt that we should all have for a little bit of hubris is in order. in my profession, i started talking about how the economy had changed, how we were in a new normal, how, you know, we