i am glad we got the gao study. it is a classic example of what happens with pork barrel spending and it contributes to the alienation of the american voter. these are my taxpayers' dollars as well as the citizens of utah. i have an obligation to my constituents and the state of arizona that pay their taxes. the spending should not be spent on this. i asked a list of objectives for provisions be part of the record. >> is there an objection? hearing none, -- so ordered. >> the senator from arizona spoke about the report. i believe the senator from arizona has made a signet digging contribution and moved -- is attempting to move the congress in a direction we should go with respect to the olympic games. he has raised appropriate concerns. i can be specific about some of them. i will not be specific about them all because they are quite lengthy. for example, the $14.8 million for communications and for structure to which he objects in the department of treasury portion of the conference report. it was inserted at the r

i look forward to hearing about the gao, what the gao found in its two studies on this issue, specifically the several witnesses that identified that have limited the appraisal subcommittee's effectiveness in discharging its duties, specifically weak enforcement tools and reporting procedures. in addition, whether the ase is fully addressing the requirement to create and operate a national hot line to receive complaints of compliance with standards and uniform standards of professional appraiser practices. i look forward to learning more about the concerns of appraisers and their representative organizations on the impact appraisal management companies are having not only on the ability of experienced appraiser to make a living but on the quality of the appraisals as they impact the housing and financial specifically consumers. madam chair, it's important to understand the concerns of other stake holders such as realtors and mortgage brokers regarding this. and other aspects of appraisal issues. but most important to me and i think many of our colleagues on this side of the aisle, i want t

those are conclusions supported by the evidence gathered by gao. today, i'm looking forward to hearing an update on the progress of the audit and i will be eager to read the final report upon completion. but the most important conclusion that should be drawn from the auto task force actions is that they helped save more than a million american jobs. as president obama recently said, i was betting on the american worker and i was betting on american industry, and three years later, the american auto industry is coming roaring back. thank you, mr. chairman. one second. okay. thank you. i yield back. >> i thank the ranking member. i do want to -- in the ranking member's opening statement, he suggested what we received in an e-mail at 5:46 yesterday from the minority staff that you have a commitment from the three auto bailout task force members today, that they will meet and fulfill that request that's been longstanding with them and i thank the ranking member for getting those commitments and i thank the staffer for getting those commitments because

in its report issued last january, the gao made three recommendations. first, gao recommended that the asc clarify definitions used to categorize states' compliance with title 11. in response, the asc has clarified the definitions which are now incorporated into all appropriate documents. the asc also drafted revised policy statements that have been approved for publication in the federal register to solicit public comment. the revisions including new findings and definitions to further address this gao recommendation. second, gao recommended the asc develop specific policy for monitoring appraisal requirements developed by the federal financial institutions regulators. finally, gao recommended that the asc develop specific policies for determining whether the foundation's grant activities are related to title 11. staff is drafting policies for asc approval to address these last two recommendations. other asc priorities include fulfilling the authority and responsibilities conferred by the dodd-frank act in such areas as state grants and rule making. reg

they said that is flatly not provable. -- we reached out to gao. they said that it is flatly not provable. >> what we had done is a practice that was not committed to writing. it is in the process of being drafted. >> that was not their observation. i would love to get at reconciled. it is disturbing. we are 10 years after 9/11 and we have evidence that, on a regular basis, people are in this country illegally and they can get a flight school training. >> respectfully, if you have such evidence, please share it with us. if we have any problems, we want to fix them. >> we will share it with you. i would like these things reconciled. i take this stuff very seriously, as you know. i missed part of this hearing. i understand that they raise the issue about u.s. citizens -- they raise the issue about u.s. citizens and those who are here legally being able to get flight training. i agree with the effort to remedy this. i want to take a little bit more time to study what we need to do. i asked the crs to look at this. they say you already have the power,

i am glad we got the gao study. it is a classic example of what happens with pork barrel spending and it contributes to the alienation of the american voter. these are my taxpayers' dollars as well as the citizens of utah. i have an obligation to my constituents and the state of arizona that pay their taxes. the spending should not be spent on this. i asked a list of objectives for provisions be part of the record. >> is there an objection? hearing none, -- >> the senator from arizona spoke about the report. i believe the senator from arizona has made a signet digging contribution and moved -- is attempting to move the congress in a direction we should go with respect to the olympic games. he has raised appropriate concerns. i can be specific about some of them. i will not be specific about them all because they are quite lengthy. for example, the $14.8 million for communications and for structure to which he objects in the department of treasury rtion of the conference report. it was inserted at the request of the

when the mechanism used by the agent is broken, as the gao report states, then our only alternative is to place our case at your door. we're the oldest petitioner left. and if we fail in this process, it will be because we are exactly what we claim to be, an indian tribal community and tribal government that lives separate and extinct in a world perverted by jim crow law. i respectfully request this committee approve hr-2591. we have participated in the process long enough to know that our fate lies in your actions. thank you for allowing us here today. >> thank you, miss tucker. raymond weaver, chief of the mahwah band of choktaw indians. >> thank you, mr. chairman, ranking member, committee members and staff. my name is freeman weaver. and i am the elected travel chief of the choctaw indians. today i would like to say a few words about what the process has done to us as a tribe. it is clear that our tribe are the [ inaudible ] for structural failures evident in the federal recognition process. as the only tribe in the nation to have exhausted all three remedies made available for the

now i'd like to point out and put in the record the gao highlights first page. and i want to quote from it. there's some confusion about treasury's role. i'd like to say -- i'm going to quote exactly from their report. "although acknowledging the significant role treasury played in gm's restructuring, gm and treasury officials stated that treasury's role was advisory concerning gm's decisions and not to take on additional delphi pension liabilities but to honor the top-up agreements with some unions. also pbgc officials stated that pbgc independently made the decision to terminate the plans." so i would like to put that in the record. i -- it clarified -- >> without objection. >> -- the independent voice of gao. and i know that we have a representative here and we have some questions for her. i first want to ask mr. bloom, mr. feldman and mr. wilson and twint tha i want to thank them for testifying. they're out there, aren't they? yep. i don't have my glasses. i can't see. i regret i was at a hearing in financial services. i didn't hear all of it. i read your te

bernanke warning, of course, against auditing the fed further than what the gao already does.ection of op eds from 2008-2009 warning about hyperinflation and the dollar collapse. took some joy in mentioning that as well. want to send it back other to cnbc. institutional investors delivering alpha conference where david faber is standing by. >> we are, in fact, back here on what's called the floor. our own floor here. having a litle break behind us. hence, it is quite loud. our own kate kelly has been running around, tracking down panelists. sometimes hallway chatter at these events can be quite informative, kate. i know you were listening closely to a number of the panelists on becky's panel and caught up with a number of of them afterwards. >> i agree. hallway stuff can be the very best stuff. ripping off of the best ideas panel, a couple of fascinating things came up. i was able to get more detail. i liked what jane mandela has to say about natural resources. she manages the harvard endowment. her favorite idea is natural resources. i tried to get a little elaboration. she s

wilson, the head of the general aviation department along with the gao testify about a study the gao just completed on four and fought school training or training in the schools of illegal individuals in this country. the report was pretty upsetting and shoot over a program of years this has been -- i won't go into the number because i can't but not an unusual occurrence. they made several recommendations. the gentleman from the tsa acknowledged all the recommendations were accurate and that his department already started working on repairing several of them. what i'm asking you about is the very next thursday you testified before the judiciary committee mr. london brought this up and i've seen the videotape when you disagree with that. can you tell me why you disagree with of the gao report and that testimony? >> the tsa witness was on another point but with respect to the gao report, the flight school that it was focused on -- and those were as of 2010 and before what i was taking note of is that we have already fixed that problem moving ahead. what we haven't done and what is the

there is, however, one important exception to what the gao is allowed to audit in the current law and that specifically is monetary policy deliberations and positions. so what the bill would do would be to either eliminate the exemption for the monetary policy decisions from the gao audit so what it would do is allow the congress for example to ask the gao to audit a decision taken by the fed about interest rates for example. that is very concerning because there's a lot of evidence that an independent central bank that makes decisions based strictly on economic considerations and not based on political pressure will deliver lower inflation and better economic results in the longer term. so again, i want to agree with the basic premise of the federal reserve should be fairly transparent, fairly accountable. i will work with everyone sure to make sure that that is the case but i do feel that it's a mistake to eliminate the exemption for the monetary policy deliberations which would effectively at least to some extent create a political influence or political dampening effect on the fed

welcome to the june 14 meeting of the gao. could you please call order no. 1? >> item number one, ordnance uprising municipal transportation authority to exit the end the contract. >> we are asking to extend this for one year silicon complete the park project. there are five major issues -- one is we did not receive funding for it -- until a year later than we expected. we have been having some technical problems. sfpark is a one-of-a-kind project. it originally did not work as we intended to. we originally had many vendors involved in the project which resulted in delays. but the biggest reason is the federal government is looking for an analysis of the project, which we -- if we were not able to provide the data in 24 months, we wouldn't be in violation of the agreement. -- we would be in violation of the agreement. we are in the middle of preparing a full rfp city-wide and we believe the sfpark project is providing new data for the rfp. supervisor elsbernd: any public comment? seeing none, public comment is closed. can we send us the word as a committee repo

. >> it is completely unacceptable that a decade after 9-11, gao has uncovered weaknesses in our security controls that were supposed to be fixed a decade ago. >> reporter: the gaa report found that some banned from flying because they are considered a terrorist threat were not banned from learning how to fly. some flight students were in the country illegally. >> at any time it true that based on your report, the transportation security administration cannot assure the american people that foreign terrorists are not in this country learning how to fly airplanes, yes or no. >> at this time, no. >> reporter: in light of this discover you, in you security procedures are already under way. >> we found the tsa has taken a number of positive steps to work with industry to develop voluntary guideline to help enhance security at general aviation facilities. >> flight training providers, regulated under this program, are prohibited from providing flight training to aliens until a security threat assessment has been success any conducted by tsa. >> reporter: from january 2006 to september 2011, th

many of the gao and dhs to do it, i tend to agree with them kind that dhs is stepping up to the plate and yet they failed to bring witnesses to testify here today on this very commit very important issue when you have a terror plot forward it in the united states s. than a year ago using one of these uavs. let me ask you this. you've identified a whirl vulnerability with these domestic uavs. tell me what would be sort of your nightmare scenario and demonstrating what you were able to do with uavs of a terrorist or some other malicious person wanted to exploit the system. >> okay i should point out currently a not terribly worried. the uav we've brought down was only 13 pounds, not very large. they could do damage in the helicopter blades swing swiftly. i'm not terribly worried at present. my nightmare scenario is looking for were three or four years where we have adopted uavs for national air space and now the problem of scaling obsolete more heavy uavs in this particular vulnerability is addressed. we don't fix and it becomes even more indigenous to the navigation system. >> and the

of it -- from the gao audit.would allow congress to as the gao to audit the decision taken by the fed about interest rates, for example. but that is disturbing because there is evidence that independent but will banks making decisions based purely on economic situation and not pressure will deliver lower inflation and better economic results in the longer term. again, i want to agree with the basic premise that the bottom of reserve should be thoroughly transparent and beverly accountable. i will work with everyone here to make sure that is the case. but i do feel it is a mistake to eliminate the exemption for monetary policy and deliberations, which would effectively at least to some extent create a political influence or political dampening affect on the federal reserve policy polis -- policy decisions. host: but will reserve chairman ben bernanke testified last week. headline on reuters -- guest: i would expect and to because he wants secrecy. when he talks about independence, he is talking about secrecy. talk

you know, this started when we forced the gao to tell us what we are duplicating.ut and we did over 70 site visits in the state. we collected all the information. we interviewed people who were working in it -- everybody except job corps because job corps was told by the department of labor, do not talk to senator coburn's people. so everybody but job corps was interviewed. we assessed it and did a uniform survey and we talked to people who had gone through the system. talked to people with positive out of the system and people who had failed. basically, it's a bust. now, some of the stuff that oklahoma does by itself that doesn't have federal government involvement in it is very effective. and the problem is not the people who are working the grant program. the problem is there are so many rules and regulations and me metrics that we are wasting $186 million a year. >> all right. is that nationwide -- >> no, that's just oklahoma. here's the total numbers nationwide. 47 job training programs. nine agencies, and 18.9 billion dollars a year. no metrics. all of them o

chairman, we specifically followed up in preparation for this hearing, but before that, the gao has a policy of once we issue a recommendation that we do periodic follow-ups because those agencies are not only responsible for reporting to the gao, but they also report to congress. we followed up most recently and asked the tsa if their position had changed and they indicated their position had not changed. but they added comments that they were doing -- they were taking actions they thought were sufficient to address the issue. as you know, one of the central tenants of tsa is risk assessment said they would know where to best deploy their resources. we would ask for some evidence of risk assessment that was done with regard to uavs and we were not able to obtain that from dhs. we still think our recommendation is valid and needed to be addressed. for balance, let me say that dhs is participating with the joint planning office as part of a cross-government-wide development for plans, but in terms of what the nature and scope of their participation beyond the numbers of that particular

a lot of people want makis ith lethorym o chped r is caswesno first of all, you csi aderusinlifoei gao neal >>es ttinsete >> yes. >> do u think the submitters during the crisis were engaged in that behavior? ap rte t5t l,a isoper wierttng, e etl? e,lo ieand ai- e ocon e ucs sth oner sd ha . in the vast majority of cases, going to the issue of derivatis with small businesses, the decision has been in favor of barclays. we do work hard -- >> i underand that from -- >> don't know the specifics -- ongeleh" bussm 25f l. writs against barcys for libel fixing would you consider that to be unethical? it is possible to conclude that there was quite a nsiderable degree of activity that was, at least, questionable and, in some cas,nethical. at t tt ar y heo rgitin the united kingdom, visiting with small businesses and medium-sized businesses the feedback on theervice they ge g ussen h eamon er ba the last year and a half. i am confident our team gets it. on of the fras t liodyoe brngsoinn. was so long ago. i was not aware of it at the time. to bring it up today is not as releva. 057. of this beha

gao has help us immensely to make this better.t is not going to ever be a thing of beauty, because it has so many moving parts. as i mentioned, it is 3 work forces -- military, government civilians, contract. there are sets of laws associated with each one of them. the force is dispersed. and then you have the dollar dimension that is added every year that has to be taken into consideration. and then there is time. those are in a complex set of things that have to be considered in the strategy of managing the workforce. for example, cyber. if you look at the strategic work force plan, hugo black four years -- if you look back four years, cyber was barely a term. in the civilian work force of one, what does that mean? matter of fact, in looking at cyber, the civilian work force is a real opportunity for us, because we can hire people with those kinds of skills. on the military side, if we want to build that kind of competency, we don't have the ability to hire midrange. the civilian work force of the department of defense is critic

if we continue number two until next week, we would have to have another g-8 -- gao. >> i do not believere is any noticing issues. supervisor farrell: i decided to check. thank you. any other comments right now? don, from the rec and park department, take it away. -- dawn, from the rec and park department, take away. >> i am glad to be here to show the results of work with the port. developing a $195 million parks and open space bond proposal for the november 2012 ballot. san francisco law their parks. we have seen this over and over again in san francisco where we have been the beneficiary of bonds supported by voters in 2000 and 2008 and the renewal of the open space bond. there is clear commitment to ensuring our final network of open spaces which were deemed to be than that -- best network of open spaces in the country and continues to stay that way. we have over 20 hundred 20 parks and 400 build structures. even with the investments we received, more is required. we need to continue to make investments in the system, much of which was built in the 1950's to make sure that it will co

further conclusions supported by the evidence gathered by the gao. today i am looking forward to hearing an update on the progress of the product and would be eager to reach its final report upon complete end to the completion. the conclusion that should be drawn from the auto task force action is the help save more american jobs. as president, recently said, i was betting on the american worker, and i was betting on american industry. in three years later the american auto industry is coming rolling back. think you mr. chairman. >> thank you. i yield back. >> i thank the ranking member, and i do want to in the ranking members opening statement he suggested we received in an e-mail 546 yesterday from the minority staff you have a commitment from the free although bailout task force members today that will meet with sigtarp and fulfill their request. it's been long standing with them. and i thank the ranking member for getting those commitments. and i thank the staff for getting those commitments, because it has been almost -- it has been well over a

the gao investigation turned up another bizarre security loophole. u.s.izens on the no fly list can still take flight lessons. that boston flight school, tj aviation, is now out of business. records show the tsa is getting better in vetting foreign students before they're admitted to u.s. flight schools. officials can see the system is still not perfect. so it's possible a terrorist looking for training could still exploit the vulnerability. bob orr, cbs news, washington. >>> coming up after your local news on "cbs this morning," trayvon martin's parents react to george zimmerman's first television interview, plus. inspiration story of spencer west who has no legs will talk about climbing mount kilimanjaro. actor jeff daniels on what it's like to play a fictional cable news anchor on hbo new hit series "the newsroom." want to hear what he has to say about that. that and more coming up later on "cbs this morning." >>> that is the "cbs morning news," i'm terrell brown. take care everybody. news," i'm terrell brown. take care everybody. have a great day. --

so this is an independent validation and in this research which is independent from the gao research that basically says the same thing and the government's actions avoided personal income rosses totaling over $96 billion and and avoided 1.1 million net job losses in 2009 and another 314 thousand in 2010. so mr. bloom. since everybody wantious to answer the des i'll ask you and mr. feldman and mr. wilson, if you'd like to comment, is that correct? do you agree with this number source had it not been for the government intervention, your work for crucial months in 2009, could the country experienced more than a million net job losses and i predict tfsz even more. the impact hit new york state for the suppliers that went out of business that were supplying the auto industry. i wonder, do you agree with the statement from the independent research organization? >> i haven't reviewed the exact -- >> it basically says had we not acted -- >> our judgment at the time and the material i've seen since then that i've reviewed that suggests that the losses would have been very significant in job

it is march 30, 2011 review, leading to the termination of the delphi or hourly and salary plans, gao stated, and i quote, the auto task force did not ind dhat what should be done with the delphi pensions, end of quote. >> we are committed to continuing the transparency, and there's an extension of public record a ail vabl concerning treatment and congress has held several detailed hearing on the subject and there are a number of court filings, bankruptcy court opinions and oversight reports and statements from delphi and general motors. dell treasury has posted online certain key automotive industry financing program documents which are available at financial stability.gov pursuant to a request from you and other members of the house committee on oversight and government reform and treasury has provided numerous documents and related to the delphi matter. gm underwent a fair and open bankruptcy. this process required deep and open sacrifices from stakeholders, including workers, retirees, suppliers and creditors and countless communities that rely on a vibrant american auto industry.

every second year, the gao does a high risk report.n relationship to that, the government estimates process in trying to compile this data into one of very large database. the results are a mixed picture at this point. host: because? guest: different agencies collect data in different ways. they are not working from the same song sheet. they define some things differently. they collected in different ways. some define a condition one way or another. some define they value one way or another. as a result, we found as we went around visiting 26 sites and 180 buildings, we found incredible diversity in the way the different agencies are approaching this. what is the result? the result is that we end up with a very large database in which it's hard to have a handle on the reliability of the data simply because you have all these different agencies in putting data in different ways that may or may not mean the same things. host: which agencies are mainly responsible as far as who owned the property? guest: we looked at five agencies, the ge

the gao comments about this growing upon us are correct. a formal examination of the american federal government participation in the olympics is overdue. the fact is now, no city in this country can but for, accept, and put on the olympic games without significant federal support. the clinton administration has recognized that. i have been a long critic of the clinton administration in a number of areas. in this area, the clinton administration has stepped up to the plate and supported absolutely everything that has to be done to see the olympics are put on inappropriate -- puts on an in -- in an appropriate way. the olympics games in salt lake city in 2002 are going to be fabulous. we have the best mountains, the best snow, the best facilities. it is going to be a fabulous experience for the entire world and all americans are going to be very proud of the job the salt lake olympics organizing committee will do in putting that on. but the organizing committee could not do it without the kind of support that has been provided by all but fed

treasury provided general input but not specific decisions in these matters as was recognized in the gao finding in december 2011. in closing, the restructuring world is a difficult one, filled with painful choices that minimize the human and financial costs while maximizing the probability of a colorampany's long-term success. the human costs of the rescue were deep, significant and tragic and those who suffered losses of any kind have my deepest sympathies but as great as those -- [ no audio ] >> amidst the worst financial crisis in the past 75 years, the actions the bush and obama administrations avoided devastating liquidations and provided the american auto industry a second chance. then one last point on testifying. i would disagree with the characterization of my particular willingness to testify because i believe as sig-t.a.r.p. now knows i committed to both the majority staff last thursday, minority staff on sunday and through treasury to sig-t.a.r.p. officials themselves to testify. be happy to do so. with that, i look forward to your questions. >> we certainly appreciate that

as of april 2011, according to the gao report, out of the 564 tribes that had been recognized, 530 of them were through congress, so i -- i trust the collective wisdom of the congress, and i appreciate the fact that the virginia tribes did gain recognition through the house, so, again, i'm very optimistic that the right thing will happen. >> and if i can be a little bit snide here, i prefer it going through this way and not through lawyers, and for those in the audience, if your hair is rising, good. i get very frustrated on the money that's spent on legal advice when it should be directly and not money but the petition to the congress, and i have a couple of lawyers sitting here so i have to be careful, but i just -- i watch it every day, and it's a great industry that very frankly produces nothing. it absorbs money, and that's a terrible thing. a short comment and i'll adjourn this. go ahead. >> my short comment is the lawyer that we're using is very helpful, and he did a lot of it pro bono. >> he must be an angel. there must be damn few of them. >> there's few of them. >> this meet

the issue that came out in the gao reported a 26,000 soldiers discharged on a personality disorders. my question is brought to the fact that vietnam veterans commission to study a gala while school about what we're doing about that. my question, probably to you, secretary panetta is to correct those veterans who may have brought it improperly discharged with personality disorder diagnosis? >> we are conducting a complete review of this area. you know, we have responded to the situation that took place up in washington and that was the focus of the gao report and that is what concerns us a great deal. as a result we not only went over to their, we ran a review elsewhere to make sure that the same kind of problems have not occurred elsewhere. you know, it is important that we determine why someone would get this diagnosis and then it would be downgraded. i mean, there may be some legitimate reasons for it, but in this instance it happened to too many people in that raise tremendous concern. >> my concern, and surely curious and now secretary should psyches is that one of the biggest pr

i would hasten to add to the gao in its reason on it at the d.o.e. program guarantees acknowledge commercial lenders interviewed by gao stated that lp is derwriting a due riussorr tan those of the private sector. it is noteworthy that in 2011 e department of loan programs office was recognized as the laest singleource debt financing for cleaener oj ie united stes, thccd ngimen inrdit t ilitor willingness to finance the innovative and large-scale cln energy projects at the lpo supports. in addition to transactions were recent recognized by exceptiol structure by at this time the lpo is committed to a close 35 billion in direct loans of an guarantees which financed nearly three dozen projects. to support more than 56 billion in total projectien eed e 302011 the 1705 program included a portfolio of $16 billion for projects and collectively the lpo projects are expected to support over 60,000 jobs while efaeclen fiiacis d ly ha bve he time will result in the best outcome for the united states taxpayer. but most are reacted on a continuing basis to apply

the gao was asked to testify on the plans. the primary message of my testimony is that the state department and dod have planned for a large civilian presence in iraq. the iraqi commitment to the presence remains unclear. support and security capabilities have not been finalized. most important, efforts to identify security vulnerabilities and progress toward mitigating them are not being fully tracked. my first point is that the plan for a robust presence in iraq. the allocated estimated $4 billion for the presence and plan to have over 16,000 personnel at 14 sites across the country. most personnel were to be contractors primarily responsible for security and logistical support. as of last month, state and dod were developing a plan to reduce the number of sites and personnel. the mission is still comprised by far as the largest diplomatic presence in the world. my first point -- my second point is they have been counting delays in establishing basic infrastructure and life-support like housing and water supply. construction

and the pentagon, the very targets of 9/11, and yet the department, as you recommended through the gao, the department has a role in this. to provide a security assessment in a national policy. the department apparently disagrees with you. and disagrees with me as a chairman. and refused to provide testimony before the committee here today. i find it in re henceble. i think they should become before the committee. we had capital of the united states and the pentagon, if they don't see it as role of the department of homeland security to come up with a policy and a security assessment to monitor the threat that these domestic drones can pose to the american people. do you have any idea with their rational is? >> mr. chairman, we specifically followed up in preparation for the hearing, but before that they had the policy once we issue a recommendation we do periodic followups because of the agencies are not only responsible forgao they we followed up repeatedly and asked the tsa again about the position had their positioned change? they indicatorred the position had no changed. they adde

we have closely conducted -- owrked with gao. we have can -- and kerosene again delay by the inability to be in our view -- we have encountered significant delay. these individuals were heavily involved in a gm's restructuring and have knowledge about the pension issues. we first heard interviews with these individuals in may of 2011. later, we were told they would not meet. we contacted these individuals directly while reviewing documents and other witnesses. we asked the treasury to speak to the former officials about the importance of corporate and with us. when it became clear the the individuals would not agree to be interviewed, we informed the committee. the lack of cooperation by these former treasury officials has significantly protracted our review. we were forced to look elsewhere for the information. what we continued to request a corporation, we reviewed documents. but they did not provide a complete picture. we often find a lack of complete documentation of decision making related to tarp./ many interviews are made

the gao also reported concern that it distracted treasury department.p with extraordinary measures to keep the government operating. the gao says that diverted resources. >> we know the debt ceiling is coming up for debate again. how do we expect this to play out? >> here we go again. we're about $550 bhil onaway from hitting the debt ceiling again. we could hit it as early as mid november. delays action, yeah, it costs money. suzanne? >> a rough day for stocks. so take a look at the numbers. what is behind the sell-off? the dow down 166 points. they have fallen from the opening bell. they haven't been able to dig out of the hole. there are big worries about germany, and with the potential for more bailouts in europe, it's not a good thing that there's the potential for a full-blown downgrade a germany. that could have widespread implications. you're seeing the markets a bit spooked today. >> for the first time in 22 years, the international aids conference is now here in the united states. why did it take so long? because the u.s. government banned peo

th warning of failure, continued on, and even when the secretary of energy isere ng itwh nc tpa wh gao tinmon a hole, even though he knew that hole had no bottom. if we can make a movie of how the department of energy is handling thi of howhe department of energy would hve hoeynded it, it would look something like this. can you play the clip, please? >> remain calm! l isl! [screaming] >> all is well! remain -- ♪ >> ts time, i'd like to recognize the gentleman from tech, mrgreene, for five minutes. >> thank you, mr. chairman, i enjoyed the movie too, but i don't know ifit relates to the department of energy, but t pelv.uom ofis inkav a my colleague mentioned it, we have competition for going to more energy efficiency, whether it's solar or wind te bst growing windn power, and if what happened with the solyndra, in some countrie you'd be shot. we don't do that in the country. we caou before llati ar. nt wme y n oguon s the aisle in frustration and anger on the failure of solyndra, and i participated in overnight hearings before and was on the committee when we wrote the law that created

duplicative program and the government watchdog agency, gao, three times tried to get rid of the wasted the old boys' club said no, we have to keep the expensive program. congresswoman bucked. vicky hartswerer, freshman elected in 2010 said huh-uh, i'll save you money. bucked a republican and democrat. frank lucas and colin peterson and said no more. she saved you the money. no more catfish. >> bob: that is disgusting. >> andrea: good for her. >> kimberly: bob, you are very dramatic. >> andrea: go ahead, dana. dabs i started something -- >> dana: i started something a couple months ago, searching for one more thing. i went to dmv. it was not bad experience. pleasant and i got out of there in under two-and-a-half hours. it ask what to do for my one more thing. laura said luther massing gael. is talk radio host in chattanooga, tennessee. 90 years old. he covered pearl harbor, 9/11, still on the air today. does a morning show at sunny 92.3. he is about to be entered in the national radio hall of fame. congratulations! >> andrea: greg? >> greg: one more thing. banned phrase. there you go!

the gao cannot give it to us. this process should not be in this manner because of the commitment to the taxpayers. the will try to answer fully to the greatest ability the questions that sigtarp will offer you? >> i i will answer the questions the best of my ability. >> mr. bloom, we will end here. [inaudible conversations] [inaudible conversations] >> coming up on c-span 2, how speaker john boehner and senator rob portman talk about the economy and tax cuts at a conference in washington. then the mayors of tampa and charlotte, north carolina, talk about the preparations for this summer's political conventions. later, a congressional ceremony for the first african-american marines. >> when you realize that the armies or resident armies -- they were trying to escape the west, that is one he collapsed and felt he realized it had come to an end and it was a question of suicide. >> anthony beevor, on his book about the dark final days to he was captured by the russians. he is afraid of being spat on and would've cool

everybody, wang chung tonight. [ laughter ] that goes for hau yun, dai jun, gao chang, pang jiaying,u get in the pool just remember, try your best. because at the end of the day, even if the u.s. wins the gold, we're still going to have to give it back to you to pay off our debt. [ laughter ] that's all the time we have for audience suggestion box. we'll be right back with bill cosby. [ cheers and applause ] ♪ this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ male announcer ] nothing will keep you from magnum. silky vanilla bean ice cream and rich caramel sauce all covered in thick belgian chocolate. magnum ice cream. for pleasure seekers. great news! the v

listen tho tho this exchange fr congressman to the gao official who conducted this. >> based on your report the transportation of security administration cannot assure the american people that foreign terrorists are not in this country learning,0 ining how to airplanes? yes or no. >> at this time, no. >> at this time, no. very chilling words to anyone who is involved in this and anyone who flies out there, has family flying. these loopholes still exist. >> absolutely. thank you. >>> it's the top of the hour and i want to update you on a story that's developing. a bus carrying israeli tourists exploded. the death toll has grown to six. there's a great deal of speculation as to who is to blame for this. elise is covering this story for us. israel is blaming iran for this. why is that? >> reporter: in recent months they say the israelis have th thwarted atakes. they say they have indications it could be iran. they are saying the explosion was the result of a bomb in a tourist bus. the bus exploded from a bomb within. eyewitnesss are describing accounts of seeing victims on the ground. t

the gao testified that, quote, proliferation of the programs has resulted not only in inefficiency butonfusion for those being served. the intended purpose which is better management and may had the opposite effect. five years ago senator barack obama said, quoting with all of us are in agreement we need to make the dodd disability review process less complex and better coordinated with the va process, end quoted. that process remains slow and continues to be complex. gao reported that case processing times have increased over times and measure of service-member satisfaction have shown shortcomings. finally, despite repeted asorings eater the need for them to cher medical and other information electronically. it seems the goal post continued to move over and over again on when the finally going to take place. gao says still don't fully agree on keep planning and operational elements that would ensure future success. so it's my hope that raising these important issues to both of you here today will serve as a benchmark going guard by which ul of use can hold you or your suck covers acco

but the gao looked at the dollar cost and the cost of time as well.eport states the delays in raising the debt limit resulted in 5,750 hours of work. there is a cost to hyperpartisanship. >>> it's been 354 days since the u.s. lost its top credit rating. what are we doing to get it back? the increased likelihood that greece could leave the euro. let's send it back to don lemon live in aurora. >>> thank you very much, john. the family of alleged colorado shooter james holmes spoke out hours after his court appearance. the family's lawyer read a statement on their behalf in san diego. >> the family wants to reiterate that their hearts go out to the victims and their families. the holmes family would like to maintain their privacy. so at this time, we will not be discussing james or his relationship to the family. and we would respect courtesy in that regard. >> cnn's casey wian at that press conference. he joins nous. casey, why are we hearing from an attorney? >> reporter: don, according to that attorney, a woman named lisa dammiani. she says the family