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Feb 15, 2011
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budget director jacob lew will testify at a house hearing just a day after obama unveiled a $3.7 trillion proposal. >> even as we cut out things that we can afford to do without, we have a responsibility to invest in those areas that will have the biggest impacts in our future. >> reporter: the president's plan calls for investments in areas like education and research, but also aims to slash $1 trillion from the deficit over the next decade. spending cuts would affect programs from urban development grants to heating assistance for low income families. >> this does more spending, more taxing, more borrowing. >> reporter: the proposal immediately drew criticism from both parties. >> you don't take a meat ax to this economy and cut things just for the sake of telling the american people you met a certain number. >> reporter: while the battle over next year's budget is just beginning, the fight over the current one is still far from over. today the house begins debate on a controversial bill to cut spending. republicans are fighting to save $61 billion from this year's budget to fund the go
budget director jacob lew will testify at a house hearing just a day after obama unveiled a $3.7 trillion proposal. >> even as we cut out things that we can afford to do without, we have a responsibility to invest in those areas that will have the biggest impacts in our future. >> reporter: the president's plan calls for investments in areas like education and research, but also aims to slash $1 trillion from the deficit over the next decade. spending cuts would affect programs from...
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Feb 14, 2011
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white house budget directer jacob lew will present the proposal along with austan goosbee. you can see them live at 12:15 p.m. eastern here on c-span2. >> this week on "the communicators," a discussion about cybersecurity with dave dewalt, president and ceo of mcafee incorporated. >> host: dave dewalt is president and ceo of mcafee, and he is joining us from their company headquarters in santa clara, california. mr. mcafee, if you would start off by giving you an overview of mcafee and your own background. >> guest: sure, peter. dave dewalt here, president and ceo, of course, and mcafee is the largest dedicated security company. we are entirely focused on security from consumers through corporations, governments. we do business in over 100 countries around the world. we've been in business about 23 years. we were one of the original inventers of antivirus by john mcafee way back in the 1990s, and, of course, we're doing a nice job building his company up, focusing in on the security marketplace, and it's very complex. as the ceo, i've been here at mcafee just short of four
white house budget directer jacob lew will present the proposal along with austan goosbee. you can see them live at 12:15 p.m. eastern here on c-span2. >> this week on "the communicators," a discussion about cybersecurity with dave dewalt, president and ceo of mcafee incorporated. >> host: dave dewalt is president and ceo of mcafee, and he is joining us from their company headquarters in santa clara, california. mr. mcafee, if you would start off by giving you an overview...
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Feb 14, 2011
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jacob lew will present the budget and he is joined by austin ghouls be.hat is live at two o'clock 3:00 p.m. eastern on c-span 2. on c-span 3, secretary of defense robert gates will talk to reporters live at 2:00 p.m. eastern on cspan 3. eastern on cspan 3.
jacob lew will present the budget and he is joined by austin ghouls be.hat is live at two o'clock 3:00 p.m. eastern on c-span 2. on c-span 3, secretary of defense robert gates will talk to reporters live at 2:00 p.m. eastern on cspan 3. eastern on cspan 3.
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Feb 15, 2011
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jacob bloom -- jacob lew will be live before the house budget committee. it is chaired by paul ryan of wisconsin. also live at c-span3, the senate finance committee will hear from health and human services secretary kathleen sebelius about her performance proposed budget. democratic senator max baucus is the chairman. this year's deficit would be a record $1.6 trillion under the budget proposed monday by prison obama. in the long term, mr. obama is planned to cut the deficit by $1 trillion over the next two years. in a few moments coming to hear more about their department's budget from defense secretary robert gates and then help and housing service secretary civilians. after that, president obama and the head of the white house budget office, jacob lew. on "washington journal," we will take your questions and comments about the president's proposed budget for the next fiscal year. congressional debate about what to do for the rest of this spending it. our guest will be john cranford , republican representative jack kingston, a member of the appropriation
jacob bloom -- jacob lew will be live before the house budget committee. it is chaired by paul ryan of wisconsin. also live at c-span3, the senate finance committee will hear from health and human services secretary kathleen sebelius about her performance proposed budget. democratic senator max baucus is the chairman. this year's deficit would be a record $1.6 trillion under the budget proposed monday by prison obama. in the long term, mr. obama is planned to cut the deficit by $1 trillion over...
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Feb 9, 2011
02/11
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here is what jacob lew wrote. "these grants have been allocated using a formula that does not consider how good a job the recipients are doing pad the president is proposing to cut financing for this grant program in half, and reforming the many have into the grant program so that funds are spent to give communities the most effective help." their argument that it does not consider how well the recipients are doing. guest: i have great respect for jack lew, a smart fellow who does great work, and probably has more brains in his hangnail that i will have in my life. but his formula is not sound. -- his argument is not sound. community action agencies forever, at least since 1981 -- results-oriented management system -- but we have a data collection system that shows what happens. if the committee action has ever undergone a the progress analysis of longitudinal study for years -- has never undergone rigorous analysis of longitudinal all study for years, we agree if we say, wait a minute, millions of head start kids
here is what jacob lew wrote. "these grants have been allocated using a formula that does not consider how good a job the recipients are doing pad the president is proposing to cut financing for this grant program in half, and reforming the many have into the grant program so that funds are spent to give communities the most effective help." their argument that it does not consider how well the recipients are doing. guest: i have great respect for jack lew, a smart fellow who does...
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Feb 16, 2011
02/11
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. >> jacob lew testified about the budgets 2012 budget request submitted to congress on monday. it tells $3.7 trillion, and the administration says that it would reduce the deficit by $1.1 trillion over 10 years. this budget committee hearing is all little less than three hours. -- a little less than three hours. >> this one will be different because the fiscal situation is so much work. you have come under a dark and fiscal outlook. we are aware of the challenges you face in putting this budget together and we thank you for your hard work and coming here today. having said all that, the budget of the united states is more than about of arithmetic. it is a statement of national priorities. it is a gauge of our national health. because we face a crippling burden of debt, this budget in particular presented the president with a unique opportunity to leave our country. the president has disappointed us all by declining that opportunity. he punted. instead of confronting our debt had long, the president has presented us with a budget that spends too much, borrows too much, and taxes
. >> jacob lew testified about the budgets 2012 budget request submitted to congress on monday. it tells $3.7 trillion, and the administration says that it would reduce the deficit by $1.1 trillion over 10 years. this budget committee hearing is all little less than three hours. -- a little less than three hours. >> this one will be different because the fiscal situation is so much work. you have come under a dark and fiscal outlook. we are aware of the challenges you face in...
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Feb 15, 2011
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jacob bloom -- jacob lew will be live before the house budget committee. 10:00 a.m. mr. live on c-span3. it is chaired by paul ryan of wisconsin. also live at c-span3, the senate finance committee will hear from health and human services secretary kathleen sebelius about her performance proposed budget. >> heard apartments for -- her department's proposed budget. democratic senator max baucus is the chairman. >> jonathan l. on of politico, how are democrats reacting to the proposed budget? >> republicans are charging him with spending and borrowing. on the democratic side, there is mixed reaction. most democrats have praised president obama for attempting to address deficits in the future. at the same time, some of the planes has been lukewarm. -- praise has been lukewarm and targeted by criticism by some people. emanuel cleaver question why he was cutting programs, particularly those for the disadvantaged at a time when you have such high unemployment. >> now that the president has unveiled his vision for spending, when and how well congress began its work on crafting a
jacob bloom -- jacob lew will be live before the house budget committee. 10:00 a.m. mr. live on c-span3. it is chaired by paul ryan of wisconsin. also live at c-span3, the senate finance committee will hear from health and human services secretary kathleen sebelius about her performance proposed budget. >> heard apartments for -- her department's proposed budget. democratic senator max baucus is the chairman. >> jonathan l. on of politico, how are democrats reacting to the proposed...
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Feb 13, 2011
02/11
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also, the white house budget director jacob lew. "face the nation" as john mccain.he five network tv talk shows are brought to you as a public service by the networks and cspan. that begins at noon eastern. listen to of all on cspan radio, 90.1 in the d.c. area and xm/ satellite radio. >> this weekend, on c-span 3, but the discrimination in the south and the kennedy administration's strategy to overcome it and a look at the beliefs of our founding fathers and the role of christianity in establishing our nation and senator daniel in a way and his military service in world war two with the old japanese american 442nd regimental combat team. experience american history tv on c-span 3. all weekend, every weekend. for a complete schedule, go to c-span.org/history. you can have the schedules e- mailed to you. that is not only one of the major challenges facing higher education but also facing our country which is how we maintain a healthy lifestyle and get kids to have the strength and judgment to say no. >>r gerald turner is the president of southern baptist university.
also, the white house budget director jacob lew. "face the nation" as john mccain.he five network tv talk shows are brought to you as a public service by the networks and cspan. that begins at noon eastern. listen to of all on cspan radio, 90.1 in the d.c. area and xm/ satellite radio. >> this weekend, on c-span 3, but the discrimination in the south and the kennedy administration's strategy to overcome it and a look at the beliefs of our founding fathers and the role of...
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Feb 20, 2011
02/11
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institute] [captions copyright national cable satellite corp. 2011] \ >>> white house budget directr jacob lewtestified tuesday on the president's 2012 request. he called it a down payment for fiscal solvency and says that congress needs to work together to address the long-term aspects of the budget. the budget totals $3.70 trillion. it would reduce the deficit by $1.10 trillion, according to the administration. this portion of the hearing is an hour and a half. >> "the president punted. having been given a chance, cover and a pledge by the fiscal commission he created to create bold steps and curb entitlement spending, president obama and his fiscal 2012 budget proposal chose to duck. he just heard from the cbo director and the chairman of the federal reserve one of the best things we can do for the economy is put in place a plan that gets this deficit and debt under control. why did you cuk? duck? if george bush brought this budget to the house, i would say the exact same thing. you know the drivers of our debts. you understand this issue. the fact the president gave us this fiscal commissi
institute] [captions copyright national cable satellite corp. 2011] \ >>> white house budget directr jacob lewtestified tuesday on the president's 2012 request. he called it a down payment for fiscal solvency and says that congress needs to work together to address the long-term aspects of the budget. the budget totals $3.70 trillion. it would reduce the deficit by $1.10 trillion, according to the administration. this portion of the hearing is an hour and a half. >> "the...
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Feb 15, 2011
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. >> a couple of live hearings today on c-span3 to tell you about, jacob lew will testify on the president's 2012 budget request. live coverage of the house budget committee begins at 10 eastern. later in the day, kathleen sebelius will take questions about the president's requests for hhs for 2012, that includes mandatory spending for medicare and medicaid. she'll be at the senate finance committee, and that's live at 2:30 eastern. >> when i was sworn in as president, i pledged to cut the deficit in half by the end of my first term. the budget i'm proposing today meets that pledge. >> president obama sent congress a $3.7 trillion budget that would reduce the deficit by clash 1.1 trillion over the next ten years. this week hear the details from the administration including cabinet officials and watch reaction from house and senate members online at the c-span video library. search, watch, clip and share anytime. it's washington your way. >> secretary of state hillary clinton spoke with reporters at the u.s. capitol following a meeting with house speaker john boehner. they talked about the fe
. >> a couple of live hearings today on c-span3 to tell you about, jacob lew will testify on the president's 2012 budget request. live coverage of the house budget committee begins at 10 eastern. later in the day, kathleen sebelius will take questions about the president's requests for hhs for 2012, that includes mandatory spending for medicare and medicaid. she'll be at the senate finance committee, and that's live at 2:30 eastern. >> when i was sworn in as president, i pledged to...
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Feb 14, 2011
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white house budget director jacob lew, in remarks on abc's good morning america, says that the budget is a balance of spending cuts and shared sacrifice. he said that any thoughts of a budget surplus anytime soon are unrealistic. he added that "it's enough to break your heart." you can hear his comments live at 10:20 this morning. more on egypt's ambassador. he says the 82-year-old former president, hosni mubarak, may be in bad health. two cairo newspapers are reporting that mr. mubarak is refusing to take medication, is depressed, and is -- there is no immediate confirmation of those reports. in an netanyahu, israel's prime minister, says there isn't -- benjamin -- benjamin netanyahu, israel's prime minister, says there is an earthquake happening throughout the region. he says that he remains prepared for any possibilities. those are some of the latest headlines on c-span radio. >> the patriot act passed after the 9/11 attacks made it easier to conduct surveillance on some suspects. all the history of that bill through today online with c- span's congressional chronicled. -- chronicl
white house budget director jacob lew, in remarks on abc's good morning america, says that the budget is a balance of spending cuts and shared sacrifice. he said that any thoughts of a budget surplus anytime soon are unrealistic. he added that "it's enough to break your heart." you can hear his comments live at 10:20 this morning. more on egypt's ambassador. he says the 82-year-old former president, hosni mubarak, may be in bad health. two cairo newspapers are reporting that mr....
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Feb 17, 2011
02/11
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"new york times" article published february 5, the white house office of management and budget, jacob lew, wrote about the program stating, quote, for the past 30 years these grants have been allocated using a formula that does not consider how good a job the recipients are doing. in fact, presumably for this reason, president obama cut funding for community service block grant -- for the program by 50% in his fy-2012 budget why. -- budget request. let me say that again, the president for the fq-2012 budget has cut this program in half from $700 billion to $350 billion and i suppose it's likely because of these problems. he defended this reduction by saying cspg provides funding for the important work of the community service agencies, but does not hold these agencies accountable for outcomes. on november 2, the taxpayers sent a clear message to all of us here to spend money more wisely. as i mentioned, we are -- we are borrowing 40 cents on every dollar we spend. so when you have programs that we're told by g.a.o. and other groups that simply aren't using taxpayer dollars wisely, it beho
"new york times" article published february 5, the white house office of management and budget, jacob lew, wrote about the program stating, quote, for the past 30 years these grants have been allocated using a formula that does not consider how good a job the recipients are doing. in fact, presumably for this reason, president obama cut funding for community service block grant -- for the program by 50% in his fy-2012 budget why. -- budget request. let me say that again, the president...
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Feb 19, 2011
02/11
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thing i think is interesting and i totally will defer on the politics of this, the budget director, jacob lewid say a couple days ago that the reason the administration hadn't put medicare and social security reform proposals in the budget is they figured it would be easier to cut back room deals with the congress because that way people would have staked out positions. i make no predictions th. at least one can can take solace from that. i won't go through the fiscal situation, but time really matters on this. if we can cut x billion from medicare tomorrow, that saves those interest costs which pyramid over time compounding. so time really matters and we really are at the point where time matters, not to belabor it, but again, two-thirds of those medicare savings scored by the cbo in the health reform bill are these hospital cuts that will not occur. so we're just about to play another game like we play with sustainable -- it will take four or five years to play out, but just like sustainable growth rate, they will start being postponed just like the alternative minimum tax. they're not goin
thing i think is interesting and i totally will defer on the politics of this, the budget director, jacob lewid say a couple days ago that the reason the administration hadn't put medicare and social security reform proposals in the budget is they figured it would be easier to cut back room deals with the congress because that way people would have staked out positions. i make no predictions th. at least one can can take solace from that. i won't go through the fiscal situation, but time really...
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Feb 14, 2011
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we have jacob lew with the president's budget request. >> i would make four short points. the first is that the forecast that we use has to be locked in for planning purposes as of mid-november of last year. so it predates the tax deal. as you know, many of the private forecasters upped their forecasts based on what was in the tax deal and most of that is not in the forecast. number two, real gdp growth on a year-over-year basis, the administration is forecasting 2.7% in 2011, 3.6% in 2012, and 4.6% in 2013. our growth rate for 2011 is a fair bit lower than the consensus of private forecasters surveyed by the blue chip or by the survey of professional forecasters. the longer-run, we anticipate, catching back up. that the potential gdp of the united states has not been severely damaged by this recession. so our medium-run forecast is a bit faster. it's within the so-called central tendency that comes out of the fed fomc forecast of last november. which is a, the reasonable range in which they drop off the highest and lowest. it is, rather in the center of that central tende
we have jacob lew with the president's budget request. >> i would make four short points. the first is that the forecast that we use has to be locked in for planning purposes as of mid-november of last year. so it predates the tax deal. as you know, many of the private forecasters upped their forecasts based on what was in the tax deal and most of that is not in the forecast. number two, real gdp growth on a year-over-year basis, the administration is forecasting 2.7% in 2011, 3.6% in...