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host: south carolina, you are on the line with frank oliveri. caller: donald rooms filled gone on the news and said it was $2.30 trillion missing. five never heard anything else about what donald rumsfeld said. guest: i am not sure what you were talking about. when he came into power as the defense secretary, he lived at the defense department and wanted to shift at the defense department did business focusing a great deal on capability rather than quantity. in that way, he had hoped that he could perform the defense department in such a way that you would have fewer numbers of former cable systems, systems that were forced multipliers, that made your force that much more powerful, a bomb that carried bomblets. that is a very small example. what happened at that point, and he anticipated savings of going to come from this capability shift rather than quantity. there were some people who had problems because there is a belief, and it is fairly well founded when you looked at the chinese developing a large number of aircraft, a belief that quantit
host: south carolina, you are on the line with frank oliveri. caller: donald rooms filled gone on the news and said it was $2.30 trillion missing. five never heard anything else about what donald rumsfeld said. guest: i am not sure what you were talking about. when he came into power as the defense secretary, he lived at the defense department and wanted to shift at the defense department did business focusing a great deal on capability rather than quantity. in that way, he had hoped that he...
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and roger pilon and frank oliveri. that is on washington journal at 7:00 a.m. c- span. >> i think that new organizations have adapted it is a great that we are not doing as much for the news? the public takes responsibility. the public bears responsibility of keeping themselvesd. -- themselves involved. parks at 8-8:00 p.m. eastern on c-span's "q&a." there reserve chairman been bernanke says that the u.s. economy is showing signs of self sustaining recovery, but he cautions that it might take up to five years for unemployment levels to fall to historic norms. his remarks came before the senate budget committee. other topics include a $600 billion plan to buy bonds to stimulate the economy, changes to the tax code and the financial health of cities and states. this is just over two 0.5 hours. -- two 0.5 -- 2.5 hours. i very much welcome senator sessions as my partner on this committee. he has considerable knowledge of the budget, the budget process and i look forward to working with him as we confront the significant challenges facing the country. i also want to
and roger pilon and frank oliveri. that is on washington journal at 7:00 a.m. c- span. >> i think that new organizations have adapted it is a great that we are not doing as much for the news? the public takes responsibility. the public bears responsibility of keeping themselvesd. -- themselves involved. parks at 8-8:00 p.m. eastern on c-span's "q&a." there reserve chairman been bernanke says that the u.s. economy is showing signs of self sustaining recovery, but he cautions...
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inal guest is frank oliveri, a congressional defense and foreign policy reporter. can you tell us about the cuts for the defense budget and put that in the context of the whole budget? guest: absolutely. you were looking at $178 billion. about $100 billion is money they will put back into the defense department for modernization. the $78 billion is a top-line kind. to an average american, that sounds like a lot of money. i would love to have a fraction of that personally. $78 billion over five years. not a huge number in that context. on capitol hill where there are many parochial programs and concerns that lawmakers have and where they are concerned about two wars, the drawback in iraq, 140,000 troops in afghanistan with a tough were there, there are concerns that is this the time to be cutting back on defense. secretary gates made a compelling point the other day. basically, but compared to the rest of the world, we spend a significant portion more than all of them combined. the u.s. defense, the military, is quite clearly the best in the world. when he is saying
inal guest is frank oliveri, a congressional defense and foreign policy reporter. can you tell us about the cuts for the defense budget and put that in the context of the whole budget? guest: absolutely. you were looking at $178 billion. about $100 billion is money they will put back into the defense department for modernization. the $78 billion is a top-line kind. to an average american, that sounds like a lot of money. i would love to have a fraction of that personally. $78 billion over five...
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host: frank oliveri, thank you for joining us. a quick note, bob dole was briefly hospitalized and has left according to a spokesperson. that is courtesy of "the new york post." for tomorrow's program, a discussion of politics to talk about many things especially about the house of representatives this week in the ongoing political climate here in washington, d.c. we will have stephen bell on the deficit and julie rovner on health care. it starts at 7:00 a.m.. we will see you then. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] [captions copyright national cable satellite corp. 2011] [captioning performed by national captioning institute] >> c-span is a private, non- profit company created in 1979 by the cable television industry as a public service. coming up, federal reserve chairman ben bernanke on the u.s. economy. also, the house budget committee chairman talks about the federal budget. later, american petroleum institute's president and ceo on his opposition t
host: frank oliveri, thank you for joining us. a quick note, bob dole was briefly hospitalized and has left according to a spokesperson. that is courtesy of "the new york post." for tomorrow's program, a discussion of politics to talk about many things especially about the house of representatives this week in the ongoing political climate here in washington, d.c. we will have stephen bell on the deficit and julie rovner on health care. it starts at 7:00 a.m.. we will see you then....
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congressional quarterly frank oliveri. >> i think news organizations have adapted.it great that we are not overall doing as much for news? the public has some responsibility here, too. the public affairs responsibility of keeping themselves informed. she looks at the wars in iraq and afghanistan. at 8:00 on c-span. >> ben bernanke says that the u.s. economy is showing signs of self sustaining recovery. he cautioned that it might take up to five years for unemployment levels to fall to a historic norms. his remarks came before the senate budget committee. other topics included the fed's $600 billion plan to buy bonds to stimulate the economy. changes to the tax code and the financial help of cities and states. this is just over 2.5 hours. >> i want to welcome everyone to the senate budget committee this morning. i especially want to welcome some of recessions. senator sessions has not formally then recognized as ranking member of the budget committee, but that is just a formality. he will be as soon as the organizing resolution is adopted. i intend to treat senator s
congressional quarterly frank oliveri. >> i think news organizations have adapted.it great that we are not overall doing as much for news? the public has some responsibility here, too. the public affairs responsibility of keeping themselves informed. she looks at the wars in iraq and afghanistan. at 8:00 on c-span. >> ben bernanke says that the u.s. economy is showing signs of self sustaining recovery. he cautioned that it might take up to five years for unemployment levels to fall...