he's followed by congressman chris lee of new york with the republican address. he warns about the threat of government debt to the economy and job creation and offers his party's initiatives to reduce federal spending. >> on thursday, i paid a visit to a small business in buffalo, new york, a town that's been hard hit in recent decades. i heard from folks about the struggles they've been facing for longer than they care to remember. and i talked with them about what my administration is doing to help our families, our small businesses, and our economy rebound from this recession. jumpstarting job creation in the private sector and fostering a climate that encourages businesses to hire again is vitally important. and i'll continue working hard to make sure that happens. but my responsibility as president isn't just to help our economy rebound from this recession, it's to make sure an economic crisis like the one that helped trigger this recession never happens again. that's what wall street reform will help us do. in recent weeks there's been a lot of back and fo

chris lee said the economic recovery act never lived up to democrat promises to reduce unemployment.> flash market crash is being blamed on a kansas based mutual fund. chicago mercan tile said waddle and reed executed trades that contributed to the dow plunging are i points. the firm said it is not responsible. >> the new video from ban cook turns in to a deadly war zone. >> the state department is offering to evacuate americans . protestors and fighting left 17 people dead. fighting exploded there. >> while you were sleeping the crew of atlantis had their wake-up. ♪ >> today astronauts will inspect the heat shields for damage after lift off. atlantis is on track to dock tomorrow. astronauts will be there for's week installing new batteries and new room. final mission for the shuttle. >> install new batteries. >> around the spring and fall change the 9 volt in the smoke detectors. >> speaking of that. we'll check in with the look at weather. >> smoking. speaking of changing batteries. >> even if there is nothing . we'll go to weather. here's what you are waking up. down in the oast a

he's followed by chris lee with a republican address.worries about the threat to job creation and offers his party initiatives to reduce federal spending. >> on thursday, i talked with them about what my administration is doing to help our families, our small businesses and our economy rebound from this recession. jump starting job creation in the private sector and a climate that encourages businesses to hire again is vitally important. i'll continue working hard to make sure that happens. my responsibility as president isn't just to help our economy rebound from this recession. it's to make sure economic crisis like the one that helped trigger this recession never happens again. let's -- that's what wall street reform will do. there's been a lot of discussion about technical aspects of the bill and a lot of heated and frankly, sometimes misleading rhetoric coming from opponents of reform. all of this has helped obscure what reform would mean for you, the american people. so i wanted to take a few minutes to talk about what every americ

congressman chris lee is here. and i brought one of my outstanding members of my cabinet who is working hard every day with businesses like this to help grow the economy, my small business administrator, please give her a big round of applause. [applause] so, this is my first visit to western new york. it is just a thrill to be here. i am glad that it is not snowing. thank you. last sunday, right? you guys still got snow. sheesh. i thought chicago was bad. this is worse. i am really thrilled to be here, partly because it gives me a chance to get out of washington. i have been trying to make a habit of that. about once a week or so i try to make a trip outside of washington. don't get me wrong. washington is a beautiful city. i have a really nice office, and i live above the store, so the commute is really short. but, you have heard of it being in a the bubble. when you are in washington, sometimes it is just hard to hear anything else except the clamor of politics. that clamor can drown out the voices of the americ

again, this is a bipartisan effort by ron kind, geoff davis, earl blumenauer, chris lee and tom pierriello. it expands the building efficiency expansion act. it puts incentives directly in the hands of the consumers through the tax code. it gives the people more choices to meet their needs. it's easier to administer. tax incentives avoids the complicated middle man structure used to give rebate checks. when i was sheriff we would apply for grants, and i know that some of the grants were from the federal government and as they passed through the state government they would cost 20% in administrative fees that would result in lower money in the hands of the police chiefs across the cup. i know thed a minute straightive costs in this bill -- administrative costs in this bill includes commercial property as well as home retrofits. 40% is in buildings like office towers, shopping malls. if we're committed to saving money, let's tackle the problem head-on, not just a piece of the problem. madam speaker, i'm quite disappointed that the rules committee didn't make in order our amendment to conside