we want to hear from chris guttman-mccabe also of the wire less industry. what's your on collusion about the wireless industry itself? >> guest: well, so not surprisingly i disagree with matt. i think by any measure it's an effectively competitive industry. i think if you look at the number of options that consumers have, i think the report says 90% of americans have access to five or more facilities based competitors. that doesn't take in consideration the numerous resellers that are out there. if you look at whether it's the price per minute or the average bill, the average bill is half of what it was in 1987, you know, around the beginning of the industry. if you think what is being delivered to consumers, the fact that the bill has been cut in half is pretty staggering and comets to go down every quarter and year. it goes down whether it's the bureau of labor statistics measuring it or anyone. you know, you can look at marketing in advertising. three of our largest providers are among the top ten advertisers in the country. you can look at innovation. y

and chris guttman-mccabe of ctia, the wireless association. he's the vice president. gentlemen, thank you very much. matt wood, as soon as this report came out free press issued a statement saying that the wireless industry is not competitive. why? >> guest: we think it's not effectively competitive because we have two dominant companies, verizon wireless and at&t taking in more profits and revenues than anyone else, and there are other players around the edges, but we think there are too many structural entries by these competitive options that consumers should have better access to and that the consumers don't reap the benefits of having multiple providers because we have two such dominant players controlling such a large portion of the industry. >> host: matt wood, what do you thinksome. >> guest: we think there's enough evidence to prove that the fcc did a good job this presenting all the complex data and analysis they're talking about. it is a complicated picture, but the evidence points to a single conclusion which is there is not enough competition between the

our guest, chris guttman-mccabe of the wireless industry, matt wood of free press, and pall kirby. the report if you want to read the competition report of the fcc is hyperlinked at c-span.org/communicators. .. >>> today president obama said that he would continue to push congressional leaders for the largest possible deal on deficit and debt reduction and would not consider short-term resolution. both democrats and republicans are hoping to reach a compromise that would clear the way for congress to raise the nation's debt ceiling by august 2nd deadline to meet next a look at those remarks which runs 40 minutes. >> good morning everybody. i want to give a quick update on what's happening with the debt negotiations and provide my perspective and then take questions to read as all of you know, i met with congressional leaders yesterday. we are going to be meeting again today, and we are going to meet every single day until we get this resolved. the good news is all the leaders continue to believe rightly that it is not acceptable for us not to raise the debt ceiling and to allow the

chris guttman-mccabe of the wireless industry, matt wood of free press and paul kirby of "telecommunications reports." gentlemen, thank you. the report, if you're interest inside reading the 15th annual wireless competition report of if t fcc is hyperlinked a at our web site, c-span.org/communicators. .. >> ranking member barney frank >> i want to emphasize that nothing is agreed to until everything is agreed to. and the parties are still far apart on a wide range of issues. >> the debt limit is the legal limit on borrowing by the federal government, and since 1962 has been raced 74 times. the last time in february 2010. learn more and all the process of raising the debt ceiling on line with the c-span video library. search, which, -- watch, clip and shear. it's washington your weight. >> two committees held a joint hearing on the situation in somalia. some of the issues examined by members included famine, terrorism, piracy and government corruption. witnesses included several current and former state department officials including the principal deputy assistant secretary of state for afric