the sponsors of that bill, dick gephardt and bill bradley. i would argue this is not necessarily a left versus right issue. this is about those who are willing to tell the people the truth about our nation's fiscal challenges and those who continue to duck from those challenges. this budget takes the latter approach. it represents a very clear threat to the health and retirement security for american seniors. it threatens our government we haver higher taxes and commits our children and grandchildren to a deminute fished future. i don't know how you conclude otherwise. second geithner, you probably be the first to acknowledge that having no plan is a plan in and of itself. it's a plan for failure. it's a plan to stay in the debt crisis. and having no plan means we're planning for decline as a nation. the point of this hearing is to find out why that kind of future for our country is apparently acceptable in this budget and to this administration. i hope your testimony can provide answers. i look forward to a great conversation. and with that,

when you have five or six candidates that you alluded to, mentioned in 2004 when howard dean and dick gephardt did good job destroying each other for the benefit of john kerry. that is part of the dynamic you are talking about. other examples of other negative campaigns in the commercial space that might provide good lessons for political candidates. >> a famous case in the 1915s, pressure cooking. there's a case where one of those pressure cookers blew up and the maker of that pressure cooker ran a full-page ad, will not blow up. one of these two cases. can come back and bite you. >> it is like airlines don't advertise the fact that there were no crashes left which is an astonishing feat. the reason they don't do that and god forbid they -- there is a lot of -- rather than going back and forth they choose not to advertise. what is happening more and more is the comparison going to the extreme. trying to position them as premium choice but doing so through tumor and promoting their friends. not going all the way negative. that argument works better commercially. >> we are amazed as we watch th

. >> host: doug elmendorff used to work for dick gephardt. >> guest: i am not sure of that. it is possible. >> host: is there a professional staff as well at cbo that goes through administration? >> guest: there is a low-interest lead is not a professional staff like you would find in most federal agencies. and we to respect but dominated by ph.d. economists -- but the other is the cbo staff work at the pleasure of the director. a director could come in and just clean house on day one if they wanted to and in that respect the relationship of the cbo staff and director is like that between the congressional staff and a member of congress. no director has ever come in and decided to clean house on day one because there's a lot of expertise obviously that reside in the cbo staff. so the practice has been for cbo staff to stay from one director to another but that is because that is what the directors have chosen to do. actually one case when june o'neill was cbo director appointed just after the republicans went back to congress in 1994, the assumption was she was going to clea

>> dick gephardt. >> good answer. he also won the crucial missouri primary.s won a presidential primary or caucus, so history is not yet on rand paul's side. we shah see. you're watching "the daily rundown" only on msnbc. wake up! that's good morning, veggie style. hmmm. for half the calories plus veggie nutrition. could've had a v8. i want to fix up old houses. ♪ [ woman ] when i grow up, i want to take him on his first flight. i want to run a marathon. i'm going to own my own restaurant. when i grow up, i'm going to start a band. [ female announcer ] at aarp we believe you're never done growing. thanks, mom. i just want to get my car back. [ female announcer ] discover what's next in your life. get this free travel bag when you join at aarp.org/jointoday. oooh, what's her secret? [ male announcer ] dawn hand renewal with olay beauty. improves the look and feel of hands in just five uses. [ sponge ] soft, smooth... fabulous! [ male announcer ] dawn does more... [ sponge ] so it's not a chore. the two trains and a bus rider. the "i'll sleep when it's done" ac

for the first time, we said it's not going to be that automatic democratic dick gephardt rule that said when you pass a budget, you raise the debt ceiling automatically. we thought it's time to have the debate, as painful tses after -- as it was, as difficult as it was to say we have to justify set this increase in deficit by cutting spend,. i know as a small business owner, we would have been broke in our small business if it had been run as this government runs. there are good times and bad times in government, work around some level of borrowing and some level of deficit but it isn't far from this porch out here to the debt crisis greece has and portugal has and the european countries have and are facing right now. we have time to fix that. that's why we're saying rather than cut the funding going into social security and not replace it with something else, is a mistake. that's what we're saying. i reserve the balance of my time. the chair: the gentleman reserves his time. the gentleman is recognized. mr. bishop: the gentleman renched my vote on tarp, i voted for tarp, mr. cantor vot