joining me, maryland democratic congressman chris van hollen.you. >> thank you for having me. >> why a bill now that seems to have so little chance of actually getting anywhere? >> david, earlier you were talking about the elections, and these inversions are exactly the kind of thing that is driving the american public crazy. these are corporations playing with the tax code because by reduce their income tax liability they're requiring their citizens to pay even more when they're benefitting from american infrastructure, the education system, and so it's a -- this is a bill i've introduced with send 11. we have bills that stop earnings stripping. >> right. where a loan is made to the u.s. subsidiary and therefore they can lower their earnings, their taxable earnings by actually paying interest on that which is tax deductible. i i've been following this for some time and there are many companies that have already inverted and in many industries, those that aren't able to are at a competitive disadvantage to those who can bring back to the u.s. an

congressman chris van hollen of maryland is the ranking democratic member of the house budget committee. congressman, welcome to the program rep. van hollen: it's great to be with you, thanks. fernando: thank you so much. the president has presented his budget. the majority in the house is saying they will not even have a hearing on it. does this play into the concept of dysfunction and immobility in our congress? rep. van hollen: this is a really sad episode here. we had hoped with the new year, who expressed an interest in more openness and debate, that we would see a different kind of attitude. what we saw instead is for the first time ever, we believe, the republican budget committee chairs are refusing to even have a presentation of the president's budget, in the sense that we usually have the president's main budget director come and testify before the budget committees and provide the outlines of the president's budget. they've refused to allow him to testify, a major breach in protocol and something every american regardless of their political persuasion should be unhappy about.

congressman chris van hollen of maryland is the ranking democratic member of the house budget committee. congressman, welcome to the program rep. van hollen: it's great to be with you, thanks. fernando: thank you so much. the president has presented his budget. the majority in the house is saying they will not even have a hearing on it. does this play into the concept of dysfunction and immobility in our congress? rep. van hollen: this is a really sad episode here. we had hoped with the new year, 2016, and with the new speaker who expressed an interest in more openness and debate, that we would see a different kind of attitude. what we saw instead is for the first time ever, we believe, the republican budget committee a presentation of the president's budget, in the sense that we usually have the president's main budget director come and testify before the budget committees and provide the outlines of the president's budget. they've refused to allow him to testify, a major breach in protocol and something every american regardless of their political persuasion should be unhappy about. f

we'll talk to congressman chris van hollen.re back in a moment. >>> a huge night in new hampshire. >> and i say you. >> donald trump and bernie sanders both winning big. >> we love you. we're going to be back a lot. we won't forget you. you started it. remember, you started it. >> should wall street be worried? >> waiting on the fed chief. futures are higher ahead of janet yellen's first public comments since the rate hike back in december. will she say what the markets want to hear. >> the profits awaken. new "star wars" movie setting records for disney. but the shadow of the espn empire still looming large. should investors buy into the kingdom right now? >>> the second hour of "squawk box" begins right now. ♪ >> announcer: live from the beating heart of business, new york city, this is "squawk box". >>> welcome back to "squawk box" right here on cnbc first in business worldwide. i'm andrew ross sorkin along with michelle caruso-cabrera and mike santoli. joe and biggie are off. we'll cover many topics from wall street to wash

democratic candidate chris van hollen's website is van hollen.org, but if you type chris van hollen.org, you are redirected to the page of his primary rival, donna edwards. her campaign told the capitol news service they have no connection with that redirect. that domain is registered to somebody in new zealand. van hollen's campaign spokeswoman says van hollen is, in her words, confident that misleading vote wers these kind of tactics only reinforces that he is the best choice for maryland families in this senate campaign. >>> metro transit police are out in force inspecting trains as part of their beefed up patrols. it comes hours after officers busted a teenager they say was involved in a brawl last month at g riding the rails. derrick word joins us from l'enfant plaza with more on that arrest. derrick? >> reporter: doreen, if you're riding through l'enfant plaza today, you might notice a stepped up police presence, and it might make you nervous but it's actually there for the complete opposite reason, to make you feel safe. this in light of some violent incidents that have happened

why some chris van hollen supporters are being steered toward his competitor. new controversy tonight in the tight race for u.s. senate in maryland. >>> a live picture from chopper4. at least five people have been injured. this accident has closed the road there, and it looks like all of the lanes are closed. we're following this story. we'll have much more after the break. >>> the presidential hopefuls eyeing battleground virginia as super tuesday looms large and near, folks, but what are voters thinking tonight? david culver caught up with some in haymarket today. >> reporter: amidst the grind of coffee and the consumption of sweet treats, welcome to haymark haymarket's cupcake heaven and cafe. a surge of sugar needed these days to coat the often bitter back and forth of the campaigns. >> they're not so much putting their own opinions out there but more so saying your opinion is wrong and my opinion is right. >> it's the shame for our country to have, you know, people naming one another in such way and so mean. >> i don't believe the candidates are really tal

maryland democrat chris van hollen released a statement saying the delay is yet another indication that the extreme tea control of the republican majority. you can read more at politico.com. more lives -- alive road to the white house coverage ahead of the nevada republican caucus tomorrow. ted cruz holding a campaign take yourwe will calls and comments right after the rally. right -- and then donald trump is leading in nevada and he will also hold a rally in las vegas tonight at 10:00 eastern. >> since the start of this campaign, only one network has taken you on the role -- the road to the white house. policy speeches to the candidates visiting diners in iowa and new hampshire, and campaign rallies. after the results as we can in nevada and south carolina, the republican race has now narrowed, the democratic race has sharpened. we will stay in south carolina on saturday and then we move on to the multistate primary caucuses early state mitch -- mid-march. this state is just getting underway. you can follow all of it online and at sea sand and c-span radio. >> president obama set aside

again i salute chris van hollen, our ranking member of the budget committee, for the work he's doing on the house democratic budget. again a budget and economy that works for everyone, not the privileged few. that is exactly what it does. any questions? es, ma'am. >> testified in the senate armed services last week that young women should be required to register for the draft. do you support requiring all young women to register for the draft? ms. pelosi: it's an issue to discuss. every time you use the word draft people get a misunderstanding what you are talking about. i have supported women in every role in the military, including commander in chief. and i think it's an important issue for us to discuss. it is the public opinion on it is, i think, thirsty for more information as to what that would mean. dwre. -- yes. >> with the republicans still trying to get their ducks in a row in terms of a budget resolution, if it comes down to having to do a deeming language to get to the appropriations bills this year, is that something the democrats would be opened to supporting simply to