who decided that george osborn would be the exchequer? >> the prime minister appeared entirely his decision. >> how much -- how many jobs does the prime mr. phil? >> he fills -- does the prime minister phfill? >> if a particular wants them income he puts them into the house of lords, which he can do quickly. >> what is the restraint on the number of people you can put in the house of lords? >> there is no real restraint. you would be very much criticized if you put too many and, as mr. brown and mr. blair are criticized today. but there are no legal constraints. they can have -- if they have the nerve to do it, they can do it. >> how long is your assignment as a lord? >> for life. >> the two categories of the people in the house of lords in my time have been on a limited tenure, the church leaders. the bishops have to give up when they cease to be bishops. the judges as well. our supreme court was a part of the house of lords of to -- house of lords up to two years ago. >> how is the supreme court justice appointed? " we have an independe

so the exchequer is being deprived of quite a lot of revenue.o there is an automatic balancing or leveling or equalizing of taxation going on in the european union. if one country pays a helluva lot more tax for anything, people will go to another country to get it. >> we cannot have a religious right. issues like abortion, we have access to abortion in this country. people can debate about the time. you can have an abortion in this country easily if the child in the womb is too far advanced. there is no idea in this country of their right to bear arms. gun control is not an issue in this country because, actually, they are unusual. out in the country, people need guns to shoot. the number of people that care about guns in london in a year is not close to those in new york. the whole issue of civil partnerships and gay marriage, these are not subject of dispute. all of the lifestyle and ethics issues are not politicized in this country. >> why not? >> because the british do not think it is right. the british thinks that these are matters of cons

who decided that george osborn would be the chancellor of the exchequer? >> it would be the prime minister. >> how much appointment power does the prime minister have? how many different jobs does he or she fell? >> he fills virtually the whole of the government. >> how many would that be? >> about 100 appointments. >> to all those come from the house of commons? >> yes. if he wants them in, he puts them into the house of lords which he can do quickly. >> was the restraint on the number of people he can put on the house of lords? >> there is no real restraint. you would be very much criticized if you put too many interests mr. brown and mr. blair are criticized today. there is no legal constraint. if they have the nerve to do it, they can do it. >> how long is the appointment as a lord? >> for life. the two categories of people in the house of lords that in my time had been on a limited tenure have been the church leaders, the bishops. they have to give up when they cease to be bishops. and the judges because our supreme court was part of the house of lord

before that he was the chancellor of exchequer. he became the most powerful chancellor in the modern times according to the bbc. his political life has been marked by disappointments and successes. his bailout plan for banks became a model for much of the world. he suffered a crushing defeat in the recent elections and resigned as head of the british labour party. he serves as a member of parliament, he learned... wrote a book called "beyond the crash: overcoming the first crisis of globalization." i'm in san francisco and i am pleased to have gordon brown sitting at my desk in new york and it's a great pleasure to welcome him back to this program. thank you very much. >> it's great to be on the program, charlie. great to be here. >> rose: let me start with the student protest and the attack on prince charles' car. give me your take on that. >> i think any violence no matter what the cause in a democracy is completely unacceptable and has got to be condemned at all stages and i think those people who were responsible for this viole

the exchequer is being deprived. equalizing of taxation is going on across the european union caused by the fact that if one country charges more tax, people will go to the other country to get it. >> in january, we will have a republican house of representatives and a democratic senate. and a democrat in the white house. david cameron is the prime minister and he has proposed all of these cuts. will you automatically get these cuts? >> pretty automatically. people who follow british politics may think that they are broadly to terrible, the british of the united states. your president is like our prime minister in that you have your parliament and we have to of hours. our prime minister has more power. the house of lords has very limited power. it has no power over anything that raises money. it has no power in the revenue department. they only have the power to delay. they can keep sending bills back that it does not like until a year has passed. and then the thing will go through anyway. the house of lords is not d

i caught up with the united kingdom's top finance minister, chancellor of the exchequer george osborne his government's approach to shoring up the uk economy. >> i inherited as chancellor the largest budget deficit in the g-20. and we've taken a series of steps, increased some taxes, some consumption taxes and some cuts in public expenditure which have put us on a path to eliminate the structural deficit in a period of four years. but we also addressed the other question which people were asking which is okay, you can do that, but can you also grow? and the economic forecast for the uk showed that the uk has got a path of sustainable growth over the next four years of 2% a year. >> let me move on to the uk's support of ireland. what are the implications of the debt crisis on the uk? >> it's clearly in the uk's interest that we have a stable irish economy. now i think the package put together on sunday will do that. the package involves the imf and other european countries and a bilateral loan from the uk. that will help take the sovereign out of the debt markets for a couple of years a

prime minister of great britain whose public service includes his time as english chancellor of the exchequer and he has released a text about the economic downturn called "beyond the crash." overcoming the first crisis of globalization. he joins us tonight from new york. it is an honor to have you on this program. >> it is a pleasure. tavis: let me start by asking the obvious. you called the book "beyond the crash." by that, you mean exactly what? >> i mean if you look at lehman brothers, the subprime mortgage crisis, irish banks, greek debt, what's happening around the world, the slow recovery, we're seeing something bigger than the individual crisis themselves. we're dealing with a fundamental shift in the way the economy is working. for 200 years, america and europe dominated world production and world exports and manufacturing. now for the first time, the rest of the world outproduces america and europe, and we have to deal with these problems and these problems at the heart of what we are trying to do at the moment to create jobs and give people new opportunities for the future. i'm rea

>> my right honorable friend the chancellor of the exchequer will be setting out the details of the loann second reading of the bill today, but i think that it is worth standing back and asking ourselves, "why is it that we are able to make a loan to ireland? why is it that people are asking us to do that?" it is because britain's economy is out of the danger zone and recovering. if we had listened to the labor party, we would still be in a hole. >> may i start by paying tribute to our troops serving in afghanistan? we owe them a huge debt of gratitude for everything that they are doing for us, and our thoughts will be with them and with their families, who will be apart from them at this time of year. their families who will be a part common this time of the year. mr. speaker, does the prime minister recognize that concerned about the rise of unemployment of 35,000 that we saw this morning? for all those families around the country, does he understand his confidence and, indeed, his restatement today that britain is out of the danger zone being very hollow? >> first of all let me join t

the government here is to continue its privatization to privatise gustaf for more money for the exchequer but there will be strikes again all services here because of this because these cuts as profit is ation worked and it seems that they privatized hospitals and are failing their privatized rail system and their failing they privatized education what they top up fees that scheme is failing privatization and the fatter era was a failure why don't they just realize that that has been a colossal failure as a coalition government rare ready to try something else now maybe we'll all be just written that we make the news all around the world and be in the airports and one of the first pregnancy issues with that you go what was the british airports authority which wasn't even allowing media in to cope with the water and good issues suffered judger in the christmas period as people couldn't travel through much the busiest international airport in the world there's privatization british airports authority and illegal self of french companies yes and it's all right so british airport authority on

forecasts, published for the first time independently, and not interfered with by a chancellor of the exchequer. on unemployment, what the office for budget responsibility found is that unemployment this year will be lower than previously forecast. it has not altered its forecast for unemployment next year, for which it is forecasting a rate of 8%, but it is forecasting increases in employment all the way through the forecast period. above all, what the forecasts showed is that our policy of trying to cut the deficit and get growth at the same time is working. >> what the obr actually shows is that growth will slow next year compared with the forecast, and that is what will mean that unemployment will rise. what the prime minister needs to explain is why unemployment will fall next year in the usa, in germany and in other major industrial countries, but will rise in the united kingdom. why is that the case? >> i know that the right honorable gentleman is determined to talk down the economy, but even he will find difficulty in finding depressing statistics in the obr's report, because, generally

forecasts published for the prime time independently and not super feared by the chancellor of the exchequer. what the office of budget responsibility found is that unemployment will be lower than previously forecast. they haven't altered their forecast for unplea agreement next year where they are forecasting a rate of 8%. but they are forecasting increases in employment all the way through the forecast period, above all what they showed was that our policy of trying to cut the deficit and get growth at the same time is working. >> but mr. speaker, what the obr actually shows is that growth will slow next year compared to the forecast, and that is what will mean the unemployment will rise. and what the prime minister -- and what the prime minister needs to explain is unemployment will fall next year in the usa. it will fall in germany. it will fall in other major industrial countries. but it will rise in the united king them why is that the case? >> i know he's determined to talk the economy down. i mean, even -- even he is going to find difficulty in finding in the office of budget respons

will he guarantee that universal service, and will he and his friend the chancellor of the exchequer,ho is sitting next to him, review royal mail's privatization and step back from it? >> the whole point of trying to get private capital and management involved in royal mail is to make the service better, and to ensure that it can go on doing all the things that we want it to do. opposition members-including the leader of the opposition- shake their heads, but the fact is that they were going to present plans in the last parliament, because even they realized that this needs to be done. >> will the prime minister join me in paying tribute to the service of the gurkhas and, especially, to my chiswick constituent, havildar lachhiman gurung, who died on 12 december aged 92? he won the victoria cross while serving with the gurkha rifles in burma in 1945, where he demonstrated outstanding gallantry and extreme devotion to duty, in the face of almost overwhelming odds. >> i certainly join my honorable friend in paying tribute to the gurkhas both past and present. anyone who goes to afghanist

wants to continue its privatization you know private as opposed to offset for more money for the exchequer but there will be strikes again in all services here because of this because these cuts as profit is asian worked and it's in that they privatized hospitals and are failing their privatized rail system and they're fouling they privatized education what they stop up is that the game is failing at privatisation and the fatter era was a failure why don't they just realise that that has been a colossal failure it's a coalition government right ready to try something else now maybe well the beaches of britain there that are really making the news all around the world and even the airports and one of the first privatizations of the thatcher government was the british airports authority which wasn't even allowing media in to cover the water and conditions suffered juggling the christmas period as people couldn't travel from the busiest international airport in the world there's privatization british airports authority and of course the self of french companies gas and it will teach you that

the exchequer capital program will amount to some 3.6% of gnp in 2011.this a.9 program will be augmented by the investment programs of the commercial state sponsored bodies. in addition, the national pensions reserve fund has confirmed it is willing to invest in irish infrastructure assets on a commercial basis in partnership with third party institutional investors. the government will help identify opportunities for the nprf and other private investors. i want to acknowledge the substantial contribution made by public servants to national recovery to-date. in my own department, i see day in day out and at weekends the commitment, above and beyond the call of duty, shown by civil servants who have accepted significant pay cuts. more work is being done with less staff at lower cost. that is real public service reform. to meet our targets, the cost of delivering public services must fall further. savings will continue to be made through planned reductions in the number of public servants and through greater efficiencies in the way public services are deli

the exchequer is being deprived. equalizing of taxation is going on across the european union caused by the fact that if one country charges more tax, people will go to the other country to get it. >> in january, we will have a republican house of representatives and a democratic senate. and a democrat in the white house. david cameron is the prime minister and he has proposed all of these cuts. will you automatically get these cuts? >> pretty automatically. people who follow british politics may think that they are broadly to terrible, the british of the united states. your president is like our prime minister in that you have your parliament and we have to of hours. our prime minister has more power. the house of lords has very limited power. it has no power over anything that raises money. it has no power in the revenue department. they only have the power to delay. they can keep sending bills back that it does not like until a year has passed. and then the thing will go through anyway. the house of lords is not d

joining the table, the united kingdom's canceller of the exchequer. >> this is big.or, you found out after you got this tile there was another title out there i thought is even more fetching. master of the royal mouth. >> that's right. >> what does that mean? >> i have to write a letter to the queen and say do you like the coin design we have for you. >> this position has been in place for how long? >> about 1,200 years. >> what would you like to be called. >> it's all right. i'm only six months in the job. >> exactly. he says he wants to be called george. i like master or chancellor better. also richard haass with us this morning. so why don't we just get right into it, mika. >> all right. >> very quickly let's talk about what happened in congress and how that contrasts with what's happening in britain. >> starting out in washington the house approved the tax cut deal hammered out by the white house and republican. 277-148 passed after progressives failed to strip the legislation of an estate tax they considered too generous to the wealthy. in the end 139 democrats

growth, unemployment is the former british prime minister gordon brown, also former chancellor of the exchequerwhat's known here as the treasury secretary. thank you for joining us. >> good to be here. >> and you have a new book "beyond the crash." it's about trying to overcome this crisis that we've had. what does the united states need to do to get this global economy in hand and can it? >> the united states is the leading world part. it is the source of the greatest innovation in technological advance the world has ever seen. it still is. it's got miraculous skills in its economy. the caution is can the world economy restore its high level of growth without people working together? a solution in america is not going to be enough because, one, you can't have financial stability in one country without having it in another, so you need a global approach to financial stability. secondly, you need a global approach to trade. america benefits from the rapidly rising consumer markets in asia, so america's got to become, if you like, the architect of a new trade agreement and, thirdly, you don't get

yesterday in evidence to the treasury select committee, the chancellor of the exchequer admitted that there were tens of billions of receipts from privatizations not included in the comprehensive spending review, which he had now anticipated. what estimate does he put on those receipts, and to what extent have they taken into account his calculations of the scale of that deficit and the cut in the grant? >> i am glad of the intervention from the right honorable gentleman, who given his history in the cabinet, a co-author of the package of measures we inherited, and which lacked progress of the -- it is true -- it is helpful in directing us to the heart of this debate, which is the question of how we fund universities and where the money comes from. that is what i now wish to deal with. i will move on to that. hot ticket of agents letter. the browne report -- i will move on to the financing. >> he is not giving way for the moment. >> for the funding of universities, lord browne recommended in a report that came from the labour government endorsed in their manifesto, that there should b

theerday's in evidence chancellor of the exchequer admitted that there were tens of billions of receipts from privatization not included in the spending review, which is now anticipating. to what extent did those receipts get taken into account in his calculations about the scale of the deficit? >> i think given his history in the cabinet -- his intervention is helpful in directing us to what is the heart of this debate, which is how do we find universities and where does the money come from? i now intend to move on to that. the brown report -- i will move on to the financing later. >> what lord brown recommended in terms of funding universities, and this was the report that came from a labor party in government, endorsed in their manifesto, was a recommendation that there should be no cap on fees at university and a specific proposal for a clawback mechanism which gave universities and incentive to introduce fees up to a level of 15,000 pounds a year. that was the report that was given to the government, and we have rejected those recommendations. and we have proposed instead that we pr

. >> if you worked at the ex-cheshire or the treasury of the ups -- exchequer of the treasury or the united states treasury, what would the speech writing be like? >> speech writing would be similar. it depends on the person. there are some leaders who are very careful about their speeches and they want everyone to have seen it beforehand and they work on them weeks in advance. i suspect they're in the minority. most of these guys get in there and have people they trust and want to do it at the last minute. i would be doing the people at the treasury, at the u.s. treasury, would be tearing their hair out because larry and i would be discussing his crucial speeches at 3:00 in the morning and there wasn't time for great checking by the rest of the bureaucracy. i suspect that is similar. what is really interesting and different is the u.k. treasury is much more powerful in the u.k. than the u.s. treasury is. i was sort of amazed -- i should have known this going in but when i went into the u.s. treasury what was surprising is how impotent it is. it doesn't have control over the monetary

the exchequer capital program will amount to 3.6% of the gnp in 2011. this program will be by the investment programs into the commercial state-sponsored bodies. in addition to a national pension reserve fund is confirmed it is willing to invest in our infrastructure on a commercial basis in partnership with third parties and institutional investors. the government will have identified attorneys for the npr left and other private investors. i want to acknowledge the substantial contribution made by public servants to the national recovery today. in my department, i see day in and day out and the commitment above and beyond schoem bicycle servants who accepted significant pay cuts. more work is being done with less staff and at lower cost. this is real public service reform. to meet our targets, the cost of delivering public service must fall further. savings will continue to be made through planned reductions with members of public servants and to greater efficiencies in the way the public services are delivered. despite the economic constraints the gov

if you work for the chancellor of the exchequer, george osborne, versus the treasury secretary in theunited states, what would be speechwriting be like? >> i suspect the speech writing process would be similar. it depends on the person. there are some leaders who are very careful about their speeches in the want everyone to have seen it before hand. i suspect they are in the minority. most of these guides get in there, and they have people they trust. the people at the u.s. treasury would be tearing their hair out because larry and i would be discussing his crucial speeches at 3:00 in the morning. i suspect that is similar. what is interesting is the u.k. treasury is much more powerful and the u.k. than the u.s. treasury is. i was amazed -- i should have known this going in. but when i went to the u.s. treasury, i was surprised about how important it is. -- important -- impotent it is. the budget the produces and january is kindly received, and then promptly ignored. the chancellor stands up on a certain day, you saw the report i did on the day in the spring when this happened. they s

if you work for the chancellor of the exchequer, george osborne, versus the treasury secretary in the united states, what would be speechwriting be like? >> i suspect the speech writing process would be similar. it depends on the person. there are some leaders who are very careful about their speeches in the want everyone to have seen it before hand. i suspect they are in the minority. most of these guides get in there, and they have people they trust. the people at the u.s. treasury would be tearing their hair out because larry and i would be discussing his crucial speeches at 3:00 in the morning. i suspect that is similar. what is interesting is the u.k. treasury is much more powerful and the u.k. than the u.s. treasury is. i was amazed -- i should have known this going in. but when i went to the u.s. treasury, i was surprised about how important it is. -- important -- impotent it is. the budget the produces and january is kindly received, and then promptly ignored. the chancellor stands up on a certain day, you saw the report i did on the day in the spring when this happened. they

then the future of the start treaty and the british chancellor of the exchequer talks about the future of that nation. >> the c-span network provides coverage of public affairs and american history. it is all available on television, radio, online, and social media networking sites. find are content any time on c- span digital library. we are bringing our resources to your community. it is washington your way. the c-span and networks are now available in your home. >> on saturday, the senate voted not to advance two democratic amendments to extend the bush tax cuts. no official action this week. the senate convened for general speeches with no votes expected. on tuesday they will take up impeachment proceedings against judge party as it -- porteous, and a measure to give senior citizens a cost-of-living adjustments. live coverage on c-span 2. at his annual state of the nation address in moscow, medvedev warned of a new arms race if russia and the u.s. failed to reach an agreement. this 70-minute speech begins with a review of the state of the russian economy and outlines the government