[cheers and applause] they are materially harming america.s is nothing more than economic terrorism. and i say we deal with them the way we deal with all terrorists. march marines to their offices, fit them for orange jumpsuits, and whisk them off to gitmo for some enhanced accounting. [laughter] a little number boarding. rough stuff, but it's the only here to tell me other ways we might save our credit rating, please welcome new york times washington bureau chief, david leonhardt. dave, thank you so much for coming. good to see you. [cheers and applause] does it really matter if we have a triple a rating? can't we let the chinese kids get the good grades and we're copy off their financial report? >> it probably matters. >> stephen: why does it matter? >> not so much because of rating but because the rating reflects a reality. we have a serious deficit. >> stephen: he we just made the hard cuts. >> we didn't make the hard cuts. >> stephen: we made the hard choice to make the hard cuts later. we didn't even do that. that is a small part about

one of them is harming america's brand on the global stage. uity of america where we stand in the global economy if our politicians cannot get it together. he is asking people to really speak with their pocketbooks. this is turning into a movement. he has received thousands of e-mails from people who said they agree. >> let's hope the ceos hire some people as well. thanks. >>> stories making news, 11:00 eastern time, the department of corrections will hold a hearing for casey anthony on fraud check charges. >>> then an exeter in new hampshire. mitt romney talks about jobs. >>> and eric holder will speak at a lunch before the mlk memorial dedication. >>> rebel fighters have moammar gadhafi surrounded. we will go live to tripoli when the cnn newsroom continues. whoo -h! and omega-rich nutrition for that shiny coat.-h! ever think healthy could taste so good? [ woman announcing ] new beneful healthy fiesta. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience

this political fighting is actually really causing damage and harm to business in america. >> i thinkderstatement. i actually spoke to warren on friday about the initiative that i was going to take as well as his own. i wanted to seek his advice and counsel. i think what you just brought up is something -- let's put some numbers on that i think in my research is correct. there's about $1 trillion sitting idly on the balance sheets of american companies and because of the crisis of confidence and uncertainty and anxiety of american business people, it's probably not to invest as much as they could or should in the american economy right now because there's such an uncertainty and a fracture of confidence. we, too, can make a difference. i think the confidence that we could bring to the country could be contagious. what i'm asking of my peers is to invest back into the growth of their company and to the country and do everything we possibly can to hire people. i would suggest -- i wouldn't in any way compare turning a company around to the crisis of confidence in america, but i think so

harm. it's time to get america working again. [ applause ] to get citizens, to get our citizens working in good jobs and getting the government to working for the people again. you know, page one of any economic plan to get america working is to give a pink slip to the current residents in the white house. [ applause ] listen, we just have to get back to the basic truths of economic success. as governor, i've had to deal with the consequences of this national recession. in 2003 and again this year, my state faced billions of dollars in budget shortfalls. but we worked hard. we made tough decisions. we balanced our budget, not by raising taxes, but by setting priorities and cutting government spending. it can and it must be done in washington, d.c. [ applause ] we have led texas based on some really pretty simple guiding principles. one is don't spend all of the money. [ applause ] two is keeping the taxes low and under control. three is you have your regulatory climate fair and predictable. four is reform the legal system so frivolous lawsuits don't paralyze employers that are trying to cr

harm. it's time to get america working again. [applaus [applause] >> to get our citizens working in good jobs and getting the government to working for the people again. and page one of any economic plan, to get america, is to give a pink slip to the current residents in the white house. [applause]. listen, we've just got to get back to the basic truths of economic success. you know, as governor i've had to deal with the consequences of this national recession and in 2003, and again this year my state faced billions of dollars in budget shortfalls. but we worked hard, we made tough decisions, we balanced our budget not by raising taxes, but by setting priorities and cutting government spending, it can and it must be done in washington d.c. [applaus [applause] >> doctor, we have led texas based on some just really pretty simple guiding principles. one is don't spend all of the money. [applause] >> you know, two is keeping the taxes low and under control. three is you have your regulatory climate fair and predictable, four is refor

harm. it's time to get america working again. [ cheers and applause ] to get citizens -- to get our citizens working in good jobs and getting the government to working for the people again. you know, page one of any economic plan to get america working is to give a pink slip to the current residents in the white house. [ cheers and applause ] we just got to get back to the basic truths of economic success. as governor, i had to deal with the consequences of this national recession. in 2003, and again this year, my state faced billions of dollars in budget shortfalls. but we worked hard. we made tough decisions. we balanced our budget. not by raising taxes, but by setting priorities and cutting government spending. it can and it must be done in washington, d.c. [ applause ] we have led texas based on some just really pretty simple guiding principles. one is don't spend all of the money! [ applause ] you know, two is keeping the taxes low and under control. three is you have your regulatory climate fair and predictable. four is reform the legal system so frivolous lawsuits don't paralyze emplo

harm. it's time to get america working again. maas applause -- [applause] to get citizens, to get our citizens working in good jobs and getting the government to working for the people again. you know, page one, page one of any economic plan, to get america working so give a pink slip to the current residents in the white house. [applause] listen, we just got to get back to the basic truths of economic success. y. as governor, i had to deal with the consequences of this national recession. and in 2003, and again this year. faced billions in budget short falls, but we worked hard. we made tough decisions. we balanced our budget, not by raising taxes, but bissetting priorities and cutting government spending. it and it must be done in washington, d.c. [applause] we have led texas based on some really pretty simple guiding principles. one, is don't spend all of the money. [applause] you know, two, is keeping the taxes low and under control. three, is if you have your regular tori climate fair and predictable. four, is reform your le

want to welcome our international viewers this hour. 65 million people could be in harm's way this weekend in north america as hurricane irene sweeps up the east coast of the u.s. parts of the region haven't seen a storm like this in two decades. from north carolina into new england, bracing for irene. right now, irene is battering north carolina after making landfall a few hours ago near cape lookout. the winds, rain and surf were brutal as irene slammed ashore. and right now, more than 200,000 people in north carolina are without power. two storm-related deaths are reported. one in north carolina, another in virginia. the nation's biggest cities, including new york and boston, are bracing for the worst. >> if you are in an area where your governor or mayor has said there's a mandatory evacuation order, please abide by that order. and even if you're not in an evacuation zone, please know this is a big storm. it covers a lot of territory. be prepared. have some food, flashlight batteries, extra water, the sorts of things that will help you get through in case particularly power is out for some period of ti

harm. regulations in america are killing cops. our lack of energy policy and common sense is killing jobs. our tax code is killing jobs. the tea party movement has and continues to be a collection of everyday americans from all walks of life who believe this is the greatest nation in the history of the world, that he can say that as long as it wants to be, but that is not where it is headed and needs to reverse quickly. that is what it is all about, and what it continues to be about. [applause] >> this person from the audience says, honorable senator rubio, what the ec as the role of government in developing citizens with the principles of our founders, our public school system does not seem to be doing this today. >> developing our citizens is a function of our families and communities. our schools and our government should be a tool of our families and communities can use, not where we send our kids to be raised, and in the real world there are problems out there, and there are kids that are struggling to succeed because of aspe

harm. the regulations in america are killing jobs.ommon sense are killing jobs. our tax code is killing jobs. as maligned as it may be, the tea party movement has and continues to be a collection of everyday americans from all walks of life who believe that this is the greatest nation in the world, that it can stay there as long as it was to be, but that is where it is not headed and that is what needs to change. that is what the tea party movement has been about. [applause] >> this person from the audience says, honorable senator rubio, what you see as the purpose of government -- >> developing our citizens is a function of our families and communities. [applause] our schools and our government should be a tool that our families and communities can use, not where we send our kids to be raised. in the real world, there are real problems. there are kids struggling to succeed because of aspects of their lives that are not their fault. that is the reality of it. it is important for us, as we talk about the proper role in government, if t

harm. the regulations in america are telling jobs. our lack of energy policy and common sense is killing jobs. our tax code is killing jobs. [applause] >> so, as maligned as it might be in the mainstream media, the tea party continues to be a collection of everyday americans who believe this is the greatest nation in history of the world, it can stay that as long as it wants to be, but that is not where it is headed, and it needs to reverse quickly. that is what the tea party was all about, and what it continues to be about. [applause] >> this person from the audience says hon. senator rubio, what do you see as the role of government in developing citizens with the principles of our founders? our public system does not seem to be doing this today. >> developed in our citizens is a function of our families and our community. of our schools and our governments should be a tool communities and families should use. in the real world, there are real problems, and i have outlined there are children struggling to succeed. that is the reality

america's epidemic. innocence. >> if you're pregnant and you know it's harming the baby why don't you quit using the pills?'s just not that easy. you feel like you're going to die. >>> and later -- caught by the u.s. navy's underwater recruits. marine mammals. can be even more powerful, with precise pain relieving cream. it blocks pain signals fast for relief precisely where you need it most. precise. only from the makers of tylenol. should i bundle all my policies with nationwide insurance ? watch this. on one hand, you have your home insurance with one company. and on another hand, you have your auto with another. and on another hand, you have your life with another. huh... but when you bundle them all together with nationwide insurance... ... they all work together perfectly-- and you could save 25%. wow... it's all in the wrists. ♪ nationwide is on your side announcer: when life's this hard, it's no wonder 7,000 students drop out every school day. visit boostup.org and help kids in your community stay in school. >>> from the outside, they look more like nightclubs than doctors' offices. and they're not

our backs without delay yet it's only now that america which shows trillions is seeing its credit score decline all our talk show host laurie harmfulness asks me full of new york why americans are so keen on bora way. why do you think so many people allowed themselves to get so far and that is the is the age that we live in everybody sees the person next door that they've got the brand new car that the lifestyle and that's what they want is so much advertising and people just want you to spend money so i think that's the difference between americans and europeans but you have advertising in europe are you just you don't pay attention to it or. i think we pay less attention to it and we probably think a little more about what we need and what we can afford it's all about thinking yes i think so is it worse for you to be into personally that it is for a government to be in that. it's much worse for a government to be and why because we trust the government to do the right thing and they're doing absolutely we opposite of that we don't you trust yourself to do the right thing and live within your means i do but i'm in debt so it's that i

america's epidemic. innocence. >> if you're pregnant and you know it's harming the baby why don't you quit using the pills?at easy. you feel like you're going to die. >>> and later -- caught by the u.s. navy's underwater recruits. marine mammals. it's the only complete multivitamin with ginkgo to support memory and concentration. plus it supports heart health. [ bat cracks ] that's a hit. one a day men's. but i did. they said i couldn't fight above my weight class. but i did. they said i couldn't get elected to congress. but i did. now i'm trying to make it in music. ♪ sometimes when we touch ha ha! millions of hits! [ male announcer ] the new hp touchpad. get it now for $100 off, starting at $399.99. ♪ ♪ [ recorded voice ] onstar. we're looking for city hall. i'm sending directions to your car. [ recorded voice #2 ] turn right on hill street. go north for two miles. ♪ [ man ] this is onstar. i got a signal there's been a crash. do you need help? yes, please. i've got your gps location. i'm sending help. [ female announcer ] introducing onstar fmv. get it installed on your car at best buy or visit onstar.c

harm. it's time to get america working again.ng in good jobs and getting the government to working for the people again. younow, page one of any economic plan, to get america working, is to give a pink slip to the current residents in the white house. listen, we just got to get back to the basic truths of economic success. as governor, i had to deal with the consequences of this national recession and in 2003 -- in 2003 and again this year, my state faced billions of dollars in budget shortfalls. but we worked hard, we made tough decisions, wealanced our budget, not by raising taxes but by setting priorities and cutting government spending. it can and it must be done in washington, d.c. a we have led texas based on some just really pretty simple guiding principles. one, don't spend all the money. you know, two is keeping the taxes low and under control. three, you have your regulatory climate fair and predictable. four is refm the legal system so frivolous lawsuits don't paralyzemployers ting to create jobs. over the years, over

nowadays has the potential to inflict more harm on society just because there are more people and there are more things in weather's way. >> reporter: to make america, the national weather service is launching a project called "weather ready nation." in six cities over the next month, it will test a new severe weather warning system and better emergency response procedures. >> we had over 540 people lose their lives in tornadoes alone this year. i know we can bring that number down. >> reporter: an effort to save lives in a year when the weather just will not let up. mark potter, nbc news, miami. >>> when we come back, predicting crime before it happens, the new high-tech way one city is protecting its streets. might turn into something more. and when it does men with erectile dysfunction can be more confident in their ability to be ready with cialis for daily use. cialis for daily use is a clinically proven low-dose tablet you take every day, so you can be ready anytime the moment's right. ♪ [ man ] tell your doctor about all your medical conditions and medications and ask if your heart is healthy enough for sexual activity. don't take cialis if y

america's pill epidemic. innocent infants. >> if you are pregnant and you know that it is harming the babies, why don't you just quit using thet easy. you feel like you're going to die. >>> and later -- >> reeled me in like a fish. >> caught me like a bear in a bear trap. >> caught by the u.s. navy's underwater recruits -- marine mammals. ♪ sing polly wolly doodle all the day ♪ ♪ hah >> reporter: from the outside, they look more like nightclubs than doctors' offices. >> hey [ bleep ] [ bleep ]. >> reporter: and they're not too happy to see our cameras. we're here in a parking lot of one of these pain clinics. >> get out of here. get out of here. leave us the [ bleep ] alone. >> reporter: broward county, florida is filled with pain clinics. doctors making millions doling out prescription opioids, also known as heroin in a pill. like candy. >> >> roxies, blues. >> i can get hundreds hundreds of pills a day going from one doctor to the next, then they take them on the street and they're selling them. >> reporter: authorities are struggling to shut down these pill mills, but not fast enough. more and more people keep dying from p

harmful, others say it was a good thing. what's your proposition on that? >> i believe that america is best served when americans know what the government is doing. so there maybe -- probably were -- some wikileaks leaks that were adverse to our interest. particularly when people who were engaged as our assets collecting our intelligence were named. the majority of the material that wikileaks disclosed was not of a national security threat level. >> yes, sir? >> senator, i'm wondering to what degree that you know of did any representative of the saudi government try to prevent the book from being published or certain details. >> i don't know what the role was in the decisions to censure the joint inquiries report to the degree that was done. i have not had any sense that the saudis have done any relative to this novel. maybe they are willing to accept it as imagination too. yes, sir? >> two questions, one on saudi arabia, one on weapons of mass destruction in the region. many observers feel like after the egyptian i don't want to say revolution, but the ousting of mubarak you have i

america's pill epidemic. innocent infants. >> if you are pregnant and you know that it's harming the babies, why don't you just quit using thels? >> it's just not that easy. >> you feel like you're going to die. >> and later -- >> like a fish. >> he caught me like a bear in a bear trap. >> caught by the u.s. navy's underwater recruits. marin mammals. it was not until the university of phoenix that i was able to work full-time, be a mom, and go to school. the opportunits that i had at the university of phoenix, dealing wh profesonals teaching things that they were doing every day, got me to where i am today. i'm mayor cherie wood, i'm responsible for the largest urban renewal project in utah, and i am a phoenix. [ male announcer ] find your program at phoenix.edu. that's not going to satisfy you. come on. it's time for a better snack. try this. it's yoplait greek. it has two times the protein of regular yogurt. you'll feel satisfied. [ female announcer ] yoplait greek. it is so good. oh, and there's a smile. it is so good. any questions? no. you know... ♪ we're not magicians ♪ we can't read your mind ♪ ♪ read your mind ♪ we n

that the future will surely bring, including hard fiscal choices here at harm, there should be no doubt, the united states of americaary the best trained, the best led, the best equipped fighting force in history. it will continue to be the best. [applause] >> now, as today's wars end, as our troops come home, we're reminded once more of our responsibilities to all who have served. the bond between our force and our citizens must be a sacred trust. and for me and my administration, upholding that trust is not just a matter of policy, it is not about politics, it is a moral obligation. that's why my very first budget included the largest percentage increase to the v.a. budget in the past 30 years. [applause] >> so far, we're on track to have increased funding for veterans affairs by 30 percent, and because we passed advanced appropriations when washington politics threatens to shut down the bottom as it did last spring, the veterans medical care that you count on was safe. and let me say something else about v.a. funding that you depend on. as a nation, we're facing some tough choices as we put our fiscal house in or

america's pill epidemic. innocent infants. >> if you are pregnant and you know that it is harming the babies, why don't you just quit using theou feel like you're going to die. >>> and later -- >> caught me like a bear in a bear trap. >> caught by the u.s. navy's underwater recruits -- marine mammals. it was not until the university of phoenix that i was able to work full-time, be a mom, and go to school. the opportunits that i had at the university of phoenix, dealing wh profesonals teaching things that they were doing every day, got me to where i am today. i'm mayor cherie wood, i'm responsible for the largest urban renewal project in utah, and i am a phoenix. [ male announcer ] find your program at phoenix.edu. ♪ ♪ ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ it gets under your skin. where do you go to find the superguarantee®? only superpages.com®. for local maps, deals and more, go to superpages.com®. and let the good guys save the day. man on tv: ...rbis an

harm. the judge talked about it. he talked about casey anthony being based on a poll the most hated person in america, protecting hervacy, keeping control of her. i'm a former probation officer. you don't do probation in jail. chief judge perry did exactly the right thing. >> richard? >> it's gone worse than that. the judge has made ethical claims against baez. what he said at the sentencing portion of the check fraud case, this was extensively discussed, the issue of probation. all sides knew it was going to commence upon release from prison. that was an argument that was raised and discussed at length. therefore, when there was a, quote, scrivener's error, it's a legal term, for the judge who was too lazy to sit and read his own order before he signed it, the judge is sigh saying the intent, the clear statement was she's going to serve it when she gets out. for baez to argue differently and for him to allow some sort of purported probation to occur while she was in prison was wrong and unethical. he should have brought it to the attention of everyone. i think this judge is going to -- >> judge did the right thing.

harmful and others say it was a good thing. what is your feeling about that? >> well, i am a believer in the proposition that america is best served when americans know what their government is doing. and, so, there may be, probably were, some wikileaks leaks that were adverse to our interests, particularly when people who were engaged as our assets collecting intelligence were named, but my sense is that the majority of the material at wikileaks disclosed was not a national security threat level. yes, sir? >> hi senator. i'm wondering to what degree that you know of did any representatives in the saudi government tried to prevent your book from being published or certain details from being published? >> i don't know what their goal was and the decisions to censure the joint inquiry's report to the degree that it was done. i have not had any sense that the saudi's have done anything relative to this novel. maybe they are willing to accept that it's imagination too. yes, sir? >> two questions, one on saudi arabia and one of weapons of mass destruction in the region. many commentators and observers feel like after the

released the names of dozens of afghans who cooperated with america with little concern for their safety. assange didn't engage in basic harme called this an ebay for wikileaks and he fused to make wikileaks finances transparent. finally he believed assange was interested in getting himself on television and embarrassing america at all costs rather than making moves in america's interest. eventually assange kicked him out. his reins why -- his reasons were taken from the espionage act, which are the very reasons he is being prosecuted. now we are all lawyers. [laughter] >> the question is answered. first first amendment purposes is that julian assange should not be prosecuted. there is no principled way between differentiating between wikileaks and "the new york times." secretary of defense robert gates, the former secretary wrote the effect of the leaks on u.s. dip nationalic stables b tables was varely modest. in an effort to expand the wikileaks are troubling. senator joe lieberman has called to allow the prosecution of publishers. lieberman has sort of risen as the bain mitch pell-palmer of this case. what is the altern

america into that unless their demands are met. let's be clear. this is not a negotiating tactic. this is blackmail. this is blackmail. republicans have basically said we will inflict grievous harm on the economy if democrats do not meet our demands. well, president obama said it earlier, we're not going to go into default. so with this kind of a lopsided deal, the ransom is paid, the hostage is released. but what a terrible precedent this sets. make no mistake, republicans will use these same despicable tactics down the road in the future. now, if i sound like i'm picking too much on republicans, let me just say with this kind of precedent, i can see a republican president -- and there will be another one sometime -- i hope not too soon, but there will be a republican president, and there will be a democratic congress, and democrats will use this as a precedent. we'll hold it hostage. is this the way we want to start running our country? what a terrible, terrible precedent this sets. it reminds me the press department that was set starting back in the 1980's with the use of the filibuster here in the senate. i say to the president here that i have for years advocated that we do

. >> america's businesses have a responsibility as well to recognize that there are some basic safeguards, some basic standards that are necessary to protect the american people from harmexploitation. not every regulation is bad. not every regulation is burdensome on business. a lot of the regulations that are out there are things that all of us welcome in our lives. >> bill: okay. there has to be some federal oversight on polluters and corporate gangsters, sane people know that but under mr. obama, the annua cost of regulating the private sector has risen to almost $2 trillion a year. that's twice as much as the government collects in income taxes. twice as much. the world's financial community doesn't want the u.s.a. to become sweden. they don't want the most powerful economic engine on earth to become a nanny state or be held hostage to snail darters. financial people understand you can't grow an economy by strangling it with high government mandated expenses and regulations that choke off expansion. i mean, come on. we are either going to be a capitalist nation or we are not. and it seems the democratic party is voting not. the u.s.a. simply cannot sustain much mor

harm is something we really need to worry about. hopefully there's a lot of clandestine things happening to make sure we account for those weapons. >> let's turn to america you're a bit of an expert in this area. it's been a hell of a mess, hasn't it? what's your take on it all? >> well, we're facing up to a period of chaos that is brought on by ourselves. we're the ones who spent a lot more than we can afford to spend. we have a demographic shift in this country. we'll double the number of retirees over the next five to seven years. we have an entitlement society, and those retirees have rights to certain benefits and we don't have the capacity to pay for them. as a government, the federal government's got to come to terms with the fact it's running up debts it cannot afford to pay. if we don't do something about it, we're going to pass on to our kids a country that's bankrupt and their standard of living will be significantly less. >> wouldn't it be in america's interest to have somebody like you rather than turning down the job of the commerce editor, to have this fight with the president on the inside of the tent? >> that's very kind of you to say. a

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washington and you lived in places in the united states that were harmed by these terrorists of 9/11, or if you lived in parts of america where you were lynched or you were ultimately had your churches burned down, there's no difference in the outcome. and so i think there's a reason for different points of view on this matter, but i'm glad for the consciousness that we have here on the discussion because i am a very strong opponent of any kind of violence that is basically on indiscriminate, whether it's holocaust violence or just one individual, either way, the damage is unacceptable to civilization. >> the time of the gentlelady has expired. >> thank you. >> the gentleman from illinois is recognized for 5 minutes. >> thank you, mr. chairman. and, again, you've heard this before, but thank you for having the foresight and the courage to put this hearing on. mr. bihi and mr. bledsoe, a colleague on the other side referred to you as not expert -- your testimony is not expert testimony. and i think the word she used to describe your experiences was interesting. mr. bihi, mr. bledsoe, take a shot at that. what you both ha

america's tax code is in very sorry shape. it's excessively complicated. it's inefficient. harm's the economy. it's unfair. and it doesn't, frankly, raise enough money to fund our government. and so for all those reasons it makes sense to take a step back and think about, okay, what things can we do to fix our tax code? the thing that is most noticeable about our tax code is how many tax breaks are embedded in it. those tax breaks deserve a close review and so the spirit of today is undertaking is to look at the most famous one. the deductibility of mortgage interest, the interest people pay on their mortgages. to do that, i'd like to revisit that large tax break in the code. we've put together a panel of four experts. the first is eric toder my colleague here at the urban institute where he's an institute fellow and codirector of the urban brooks tax policy center. dean stansel who teaches at florida gulf coast university and is an adjunct fellow at the reason foundation. third, seth hamlin who's at the center of american progress. and finally, lawrence who is senior vice president of senior research at t

harmed. how do you filter out governmental lies? >> there is a new book out side. james stewart about false statements undermining america. he doesn't like lies at all but he does change the story how the efforts to suppress the government july, bullish's claim that british intelligence discovered uranium in the middle east, led to this astonishingly complicated series of secondary and tertiary false statements and challenges about who said what to whom and dick cheney's chief of staff for lying about what he told a reporter about when he learned the identity of the husband of a classified operative who turned out not to be relevant to exposing the original why to begin with. one girl is in jail and another lost millions of dollars in legal fees. the cost of prosecuting these is overwhelming and this new governmental preference for prosecuting false statements and connected to other wrongdoing is so basic that i am troubled by the cost of this area. >> another way of putting that question calls to mind the dialogue jeff and joe had. what should the constitutional standard be for when you could prosecute a government offic

harmed. how do you filter that out from the governmental life? >> there is a new book out by james stewart about how false statements are undermining america, "a tangled web." he paints the story about bush's claim that british intelligence discovered uranium in the middle east led to this astonishing ily series of prosecutions of who said what to whom and by the time you got to the prosecution staff aboutchief of lying about when he learned about the husband of a classified operative that was that even relevant. there was one journalist in jail, one that had lost millions in legal fees. of the cost is underwhelming and the new government the preference for prosecuting false statements not connecting is so pervasive and i am troubled by the cost of bringing this in. another way of putting that question brings to mind the dialogue that could joe had. what should the constitutional standard before when you to prosecute a leaking government official, particularly in cooperation or "the new york times" getting it from someone when the documents are clearly marked classified, but they are not harming national security to be known or they are lies and the w

america's tax code is in very sorry shape. it's excessively complicated. it's inefficient, harm's the economy. it's unfair. and it doesn't, frankly, raise enough money to fund our government. and so for all those reasons it makenshat things can we do to fix our tax code? the thing that is most noticeable about our tax code is how many tax breaks are embedded in it. those tax breaks deserve a close review and so the spirit of today's undertaking is take a look at the most famous one deductibility of mortgage interest, the interest people pay on their mortgages. to do that, i would like to revisit that large tax break in the code we put together a panel of four experts. the first is eric toder my colleague here at the urban institute where he's an urban fellow. second dean stansel who teaches at florida gulf coast university. and jeff hanlon and lauren yun who's vice president of research at the national association of realtors. we're also very lucky to have ed andrews as our moderator who's currently the moderator for economic and taxes and budget at the "national journal." thank you again for joining us to

america. we set our mind to doing all the things -- i do not see this strategy as being particularly different. what i worry about is those who wish us harmt an extremist level, who want to change the world order, can attack the scenes of the u.s. in ways that can have strategic damages. what i have spoken about most is the cyber blogger abilities with our financial system, electric power, and so on. but there are a lot of potential attacked vectos. one could be biological. -- attack vectors. recall after 9/11 we had those anthrax letters. imagine if you have 3 pounds of anthrax, and they were put in parcels in the u.s. mailing system and mailed to 10,000 addresses in the country. that would shut the country down. we have to be ever vigilant. the big change, in my view, of how the law changed, post-9/11, it forced us to address foreign and domestic threats in a more comprehensive way. we divided those things after the nixon era of the watergate. my community could not focus on anything domestic. the fbi had much higher standards to do surveillance, tap a phone, whatever. we changed that a bit so that there was less lawn between foreign an

america. i do not see this strategy is particularly different. what i do worry about is those who wishes harman extremist level, who want to change the world order, can attack the seams of the united states and have -- what i want to focus on most is the cyber abilities. there are lots of potential attack vectors. one would be biological. focus on see increasing la this issue. after 9/11, we have the anthrax letters. just imagine if you had 3 pounds of anthrax and they were put in parcels in the united states postal system, ups, and fedex, and mailed to 10,000 addresses in the country. that would literally shut this country down. there are many ways to be attacked. we have to be ever vigilant. the big change in my view of how the law was changed post-9/11 was that it forced us to address foreign and domestic threats in a more comprehensive way. we divided those things after the nixon years of watergate. my community could not focus on anything domestic. the fbi had much more ability to do surveillance. we changed that a bit so that there is less of a wall between foreign and domestic. i think

is the cost to america if you downgrade these programs to what taxpayers will have to pay for the recovery of that half of senior citizens' views that are say from poverty -- safe from harm it. >> may i respond? >> one other point i need to raise. private accounts -- boy, what i not want a private account. when bill clinton was present the stock market was the equivalent of 14,000. now, it is 11,000. that is real food of seniors tables if you have privatization of any kind here that is why people like nancy pelosi and others have said first do no harm. going that route is an outrage to seniors. stealing so you can give tax breaks to oil companies and all of that. >> i asked to respond to your question. >> thank you. >> i would like to see the panel respond. >> bob, before we go there, i would like to respond to your question. i used to interview senator pepper. i wrote for the "tampa tribune" then and wrote for radio in miami, florida. he helped so many seniors are party, including my mother, who worked until her 80's. she depended on her social security check, quite frankly. we could go on all day about privatization and the stock market going up down today. over a 44-y