on cbi, i take your point that if one has to make a choice between war and the risks with cbi, that is a tough and compelling calculation. we do not think we need to go there today. what we do need to do is have targeted efforts that can be multilateralized as the undersecretary mentioned. nicolas sarkozy has made suggestions we're talking with our colleagues about around the world. you're quite right that we need to be pushing parties around the world to get tougher, to take action. that is much of what i was doing in china, and china has agreed, and publicly so today, to finally except special bon voyage -- accept special envoy bob einhorn to assist them in the sanctions. the need to take further action, and we would agree with you absolutely in that regard. let me turn, if i may -- >> i think we're going to have to just take that answer. thank you. senator menendez. >> thank you, mr. chairman. i have to be honest with you. i am extremely disappointed. you all did not like the original amendment offered. at the request of the administration, we engaged in a good-faith effort to try t

he told the cbi conference last year, by 2015 we will have to balance the books. will he now our admit that on the central tests he set himself he has failed? he complains about the level of borrowing but his answer is to borrow even more. that is the other illiteracy. let me tell him what we are doing. because we have our plan to meet the mandate and me detests set out by their emergency budget we have some of the lowest interest rates in europe. >> that is right. for every percentage point they went up under labor that would be another thousand pounds on a family mortgage and 20 one billion pounds on the national debt. that is what you would get under labor and why it is this government that will take the country through this storm. >> mr. speaker, he is barring extra 1 fifty-eight million pounds. the truth is his plan has failed. he refuseds to change course and he is making working families pay the price. at the very least we now know he will never, ever be able to pay again we are all in this together. >> the leader of the labor party has taken sides today. h