and we asked senator colburn about his position. >> look, we have $11.8 billion in fema. it's not even a legitimate question. i was asked that question yesterday before we knew how many people died. so it's inappropriate. the fact is, we've got a lot of waste in the federal government and rather than borrow money against the very people we're going to try to help, we ought to eliminate some of the waste. it's not going to be a problem. we'll not have to do an emergency bill for this. we have plenty of money already set aside to take care of this. >> may end up being a moot point. the federal government already has $11.6 billion stashed away just for disaster relief. so we'll see how that political battle and i'm sure we will talk about that on "morning joe" quite a bit. in meanwhile, still ahead on "way too early," we'll catch you up on some of the other news of the day. quite a bit to talk, about including the senator who is applauding apple and its ceo for avoiding paying taxes. >>> and a big announcement from disgraced former congressman anthony weiner. how he plans to

we will get that from oklahoma senator tom colburn. that's next up. differencia differencial.wo days of a massive oklahoma rocked moore, oklahoma, the city is shifting its refrts efforts from rescue to recovery. senator tom colburn, first of all, can i say prayers for the baby angels who lost their lives. prayers for everyone else that lost their lives, prayers for the entire state of oklahoma, sir. >> well, thank you very much, larry. you know, it's really interesting. one of the statistics that impressed me this morning with the thousands that are homeless, only 24 spent the night in the shelter. the rest were taken in by other oklahomans. >> is it too soon to talk about recovery in this? >> no, yesterday, the front end loaders were working, man. oklahoma gets it. we already had almost $15 million of private money come in to help in the relief effort. so, you know, the leadership has stood up in oklahoma and a lot of people throughout the rest of the country, you know, the marc i know and love is responding in a way that we should be responding to. we ought to be very thankf

no fifth amendment for irs as well as lois lerner and senator tom colburn reports in oklahoma. which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. "mad money", i'm jim cramer. i will see you tomorrow! >>> two major stories dominating the political and financial world today. first there's this -- >> one of the bake functions of the fifth amendment is to protect innocent individuals and that is the protection i'm invoking today. i will not answer any questions or testify about the subject matter of this committee's meeting. >> top irs official lois lerner takes the fifth amendment looking into the irs scandal. but did she really? we'll explain and there are other fireworks at the hearing. listen to this one. >> 118 times, you were at the white house, 132 members of congress contact you about this information, 42 major news stories

used to have senators like tom colburn saying why is the nfl a 501(c)4? you used to have a specific target at the 501(c)3 that the irs takes, they look at the naacp or recently republican congress person complained about the humane society, complained to lois lerner that took the fifth today, why aren't you looking closer at the humane society abuse of c 3. it is so comical that 501(c)3s understand the irs is stricter about c 3. so what do most c 3s do when they want to get involved in political activity? form a 501(c)4, so you have all of these convoluted organizations, super pac with a c 4 or c 3 with a c 4. they do it knowing the irs is going to misinterpret the law, allow them to do political activity through the c 4. that's why karl rove who has never done a day of social welfare i could ever interpret or find has a c 4. doesn't even have to pretend. i totally agree with you. the scandal is that the irs overinterprets c 3, goes after charitable organizations if they have a hint of disagreement with the president, naacp, but they let anybody slide thr

colburn came to the committee, the way that we lease space for federal agencies to use, it would be more cost- effective to buy it. but if you buy it you have to pay for it out. without a capital budget you cannot write it off over time, you have to take it with lighter -- you have to take it right up front, a $1 billion complex in the first year. that is a hard thing to do. can you talk with us a little bit about that idea? the idea of long-term lease as opposed to paying something out right and how we deal with the scoring? the incentives are all wrong. in a lot of cases it would be more cost-effective to buy than to lease long term. can you talk to us about those incentives and what, if anything, we can do? >> i think there is a real -- a real opportunity in better managing the federal footprint. and i think there is an opportunity to actually generate savings, deficit reduction, but also to operate our federal facilities more ficientlan effectively. i think that the way to go about it is to think about how to create more tools to effectively manage this large footprint that we have.

his colleague from oklahoma, senator tom colburn said disaster aid funding must be offset by cuts inudget elsewhere. dr. coburn will not change his position. there's a question about how disaster relief will function in a state with two senators who have been outspoken about denying disaster relief to other states in the very recent past. let's bring in oklahoma state representative mark mcbride who represents moore. with me in new york i have steve ellis from taxpayers for common sense. representative mcbride, let me begin with you. what do you need there in moore? what are your expectations of what the federal government can provide to help you folks rebuild? >> you know, i don't really know. i was in a motorcade with our colleagues and senators from d.c. they all flew in today. i know that congressman cole had spoke with the president twice today and he assured him that he was going to take care of us and in what manner i'm not sure. that's on their level. i look to them for getting that aid for us. i know the president did declare five oklahoma counties. in oklahoma one of the th

colburn could join us today, i do not think he will be able to arrive before the hearing concludes.mong the many issues that he has been focused on, he has done a lot of work with his staff on the area of duplication. with an enterprise as large as the federal government, we should not be surprised. we have it in spades in the federal government, as you know. gao has given congress and the administration in number of recommendations to reduce duplication. there is a whole lot of work to be done. how might you work in your new post, if confirmed, to go after some of that duplication. -- duplication? >> the issue is one that i know the doctor has taken a leadership role on. i think that gao is playing a constructive role in the process by doing a set of reports that actually help to identify and fleshed out, because that helps to focus attention and identify areas for progress. i think that the role, if confirmed, in the role i would approach the issue from two ways. one, where are there places within the authority of the executive branch where we can help to make progress in addressi

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colburn could not join us today, i do not think he will be able to arrive before the hearing concludes issues that he has been focused on, he has done a lot of work with his staff on the area of duplication. with an enterprise as large as the federal government, we should not be surprised. we have it in spades in the federal government, as you know. gao has given congress and the administration in number of recommendations to reduce duplication. there is a whole lot of work to be done. how might you work in your new post, if confirmed, to go after some of that duplication. -- duplication? >> the issue is one that i know the doctor has taken a leadership role on. i think that gao is playing a constructive role in the process by doing a set of reports that actually help to identify and fleshed out, because that helps to focus attention and identify areas for progress. i think that the role, if confirmed, in the role i would approach the issue from two ways. one, where are there places within the authority of the executive branch where we can help to make progress in addressing inefficien