it did involve frank lautenberg and now tom udall is in that position. we are a good bill that will pass into law in 2014. the ethanol mandate. >> correct. the program is broken. whether you want to continue it in some form or whether you want to repeal, i think there is a consensus that there are big problems with the program that thattened to hit the wall lead to spikes in fuel prices. i am working with abandon and we hope to have a bipartisan bill to introduce 2014 and starts. >> a couple of points that are surprising with the bipartisanship. asking about iran. negotiations continued. the threat of sanction continues in the senate. do you trust the iranian government when it comes to dismantling the nuclear program? >> i do not. sanctions are a necessary backdrop if we are to ore any chance of success any reasonable solution that does not involve war. because of that, i am part of a significant bipartisan group in the senate that will be introducing and passing early 2014. >> you have a minute or two. reserve -- ben bernanke announces past week that h

a former political adviser to former new jersey senator frank lautenberg and fox news contributor, and lars larson, syndicated radio talk show host. this poll, lars, i think the very interesting. paul ryan just set forth what some claim to be a very moderate budget known mostly as a pretty conservative guy. now here he is with 73% favorability in iowa? which tends to pick a more conservative candidate? what do you make of it? >> it's a little bit surprising, isn't it? i would have expected people would have seen paul ryan perhaps not as a guy who could run a second time. this time in the first position. but i don't know how to explain what's going on in iowa right now with the voters there. as you say, they usually pick a conservative. i would expect they'd be -- they'd be more e namered of a scott walker or rand paul than, say, a chris christie or paul r rya ryan. >> julie, surprising to me he's at the top only because of this latest budget situation. you have chris christie towards the bottom. i know chris christie is your greatest fear. right? >> yeah. republicans of iowa, it's not

political editor of townhall.com, and julie, a former political advisor to senator frank lautenberg,fox news contributors. happy new year, great to see you. >> happy new year to you. >> i'm sure you could see this topic coming. we're so close to january 1. we heard earlier about patients' concerns and doctors' concerns, what about politicians concerns? >> well, those politicians on both sides i think should be concerned for the democrats obviously the rollout has been a complete debacle. no way to get around that. and if by the middle to end of march this is not fixed, this rollout, seems like they're trying to get the train back on the tracks, but if it's not fixed and we don't start hearing success stories, it's going to be a problem for the democratic party going into midterms next year. i think if the president and other democrats are finally starting to focus on messaging this a little betterment again, it's a lot to overcome when the last few months have been such a debacle when it comes to the president's number one priority. >> you know what's interesting, guy, is perhaps pre

> the 2010.is part of frank lautenberg are passed in response to the financial crisis of the previousrs. in order to reform the banking system and the financial system. the vocal rule is -- volcker rule is a key part of that. it is designed to keep the banks from engaging in excessively risky activities. including what people call retired terry trading. prop trading is easily when a bank takes its own money and makes bets on it in order to profit -- early to profit -- purely to profit. the concern to congress was that these banks have deposits from clients that are federally insured. they wanted to separate those activities of proprietary trading from the commercial banking activities where you have some federal backing. now the rule after many years of wrangling is fairly about to come out. been threerule has years in the making. what has been taking it so long? guest: a number of things. it is very complicated. it sounds simple, but actually putting it in place has proved to be a creaky lay in task -- huge task. you also have five federal regulators involved in writing the rule, whi