joining us as jason furman. thank you for being with us here on "newsmakers." joining me is damian paletta and james tankersley. senatebegin with the debate. john boehner says the senate bill does not do enough to create jobs and it is a dealbreaker for house republican. do think you a compromise? you why i think extending unemployment insurance is a job creator. it is not just about providing relief for millions of people who are working really hard to find a job. it has two real economic benefits. getis you cannot unemployment insurance unless you're looking for a job. looking for a job means you are in the labor force. in the labor force means you're keeping the people connected so when the economy continues to will get they jobs. in addition, the purchasing power of the unemployment , they haveenefits all said this would add to growth and create jobs. >> what happens at the house fails to act on the senate bill? i do not want to speculate. two weeks ago most people would tell you this would not pass the senate. now it looks set to pass the senate with a rea

jason furman is the chair of the white house council of economic advisors. mr. rn jbe jobs morning to you. >> good morning. >> it's been a month since we've added 200,000 jobs, and frankly, one time in the last six years since this economic recovery began post-recession that we've had a monthly jobs figure above even 300,000. i guess my question is, this acceleration that economic recoveries in the past have had has never come to fruition in this post-great recession recovery. why? >> if you look at the pace of job growth we've had, it has been consistent with the number of jobs we need to bring our unemployment rate down. and our unemployment rate has come down steadily from a high of 10%, down 3.3 percentage points from that. it's come down at about as fast a pace as it ever has in a recovery. and i think part of what's going on here is our working-age population is not growing at the same rate that it grew at in the past. a lot of the baby boomers are hitting retirement age, starting to retire. so some of the numbers people have in their heads from previous ec

we'll see you next month. >> thanks for having me. >> jason furman over at the white house. and the s&p up 1894. not far away from 1900. let's get to pisani on the floor and see what's moving. a lot today, bob. >> there is. we're at historic highs on the dow jones and the industrials. here's the talk of the day. take a look at grubhub, remember, $23 to $25 was talk. it priced at $26. $38 to $43 are the indications right now. this stock could very likely open in the 40s. that would be a moon shot for sure. ims health is right over here. this is the crowd here for ims health and $18 to $21 was the price talk and it priced at $20 and indications are $21 to $23 on the upside, but it's a huge ipo close to $1.5 billion, $1.4 billion and an enormous cash. i can't see opower, i can't get an indication but they produce cloud-based power with the utility industry and they priced at the high end of the price range, priced at $19 can't get you an indication. and the nasdaq five nine on demand software for cloud-based call centers they priced at $7 below the $9 to $11 price target. ipo m

one point from our interview with jason furman, you may not know he is also a semi professional juggler. we asked him about that. >> i can tell you it is difficult. it is showing up at your son's birthday party, deciding you will impress the children by juggling flaming torches, and not having practice with flaming torches in five years. the end result was a certain fraction of my lawn going up in flames. host: coming up next at 10:00 eastern time. tomorrow morning, 7:00 a.m. eastern time, 4:00 for those of you on the west coast. charles wheelan will talk about the start of the centrist party in american politics. with the look at the debate over mortgage relief with a reporter from the wall street journal. that is all tomorrow morning at 7:00 a.m. eastern time here on c-span. thank you for joining us for the sunday edition. i hope you enjoy the rest of your weekend and have a great week ahead. ♪ >> "newsmakers" with jason furman. they were involved with affected initiatives which is. later, it the ceo mary barra holding her own news conference after her testimony. >> joining us as jaso

obama on newsmakers jason furman chair of the white house council of economic advisors, he will discuss unemployment and the current labor market and debate over the minimum wage, income inequality and the affordable care act. newsmakers sunday at 10:00 a.m. and 6:00 p.m. eastern on c-span. >> in may, 1918, amid wild celebration, the first american-built planes arrived in france. a british dh-4 design with a power liberty engine. that fall, allied aircraft smashed supplies and communications behind the enemy lines on newest argon front. five weeks later, the armistice was signed. johnny came marching home. and after speeches and returning to the farms, shops and offices. but not the pilots who survived the great adventure of the wild blue yonder. with firm faith in the future importance of aviation, using castoff crates and obsolete equipment, many demonstrated their skills at state fairs. and to any large gathering they could find. >> the u.s. air force chronicles the history of american aviation. sunday on american history tv's real america. at 4:00 p.m. eastern on c-span3. next, mich

. >> matt taibbi. , "thetest >> joining us is jason furman. thank you for being with us here on "newsmakers." joining me is damian paletta and james tankersley. let me begin with the senate debate. john boehner says the senate bill does not do enough to create jobs and it is a dealbreaker for house republican. do think you a compromise? >> let me tell you why i think extending unemployment insurance is a job creator. it it

>> jason furman has a lot of numbers but they do not have a path forward. in the first term, they were a lot more aggressive in getting it passed the finish line. i think the white house feels like it they get too involved it will just scare republicans away. they're counting on democrats on the hill to get things done. >> i think they are much less defensive than they used to sound on the affordable care act. they're talking about bringing down costs and the benefits of the law and engaging that in a way that is not putting them on the defensive of a bad website. he just sounded a lot more confident talking about it than i have heard from white house officials in previous years. >> do you agree? >> absolutely. >> damian paletta and james tankersley, thank you both for being with us today. >> thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2014] >> on the next "washington journal," and author on his book. the what the sign up figure off 7.1 million enrollees in federal and state insurance

speaker, i'm prepared to yield back the balance of my time unless the majority le >> jason furman, terrible white house council of economic advisors, will discuss unemployment and the current labor market. the debate over the minimum wage, eat -- income inequality and the affordable care act. "newsmakers" on c-span. the house budget committee voted last week along party lines to send a 2015 budget resolution to the full house. the plan was written by committee chair, paul ryan. it cuts $5 trillion over the next decade with more than $2 trillion of those cuts coming from a repeal of the house -- of the health care law. says the plann balances the federal budget over 10 years. next, some of the debates over the first hour of the budget markup. ordered. we will now move on to opening statements. all right. first of all i want to than the members of this committee. this is the second year in this session, so this should not be a strange process to maybe with the exception of our two new members. this is our fourth budget in four years. each one of our budgets has been on time, and it has been i

2014] [captioning performed by national captioning institute] >> and tomorrow here on c-span, jason furman will be our guest on "newsmakers," the chair of the white house council on economic advisers and he will talk about the minimum wage, income inequality, the health care law, and restoring unemployment benefits. >> let me tell you why i think extending unemployment insurance is a job creator. -- about just because providing relief for millions of people that are working really hard to try to find a job, but it has two real economic benefits. one is you cannot get unemployment insurance unless you are looking for a job, and looking for a job means you are in the labor force. in the labor force means you are keeping those people connected so that as the economy continues to recover, they will be there to get the job that is good for our economy overall, and in addition the purchasing power itself will boost the economy. economists at cbo, jpmorgan, and our own estimates from the council of economic advisers have all said extending unemployment insurance would add to growth and create job

>> jason furman has a lot of numbers but they do not have a path forward. in the first term they were a lot more aggressive in getting it passed the finish line. i think the white house feels like it they get too involved it will just scare republicans away. they're counting on democrats on the hill to get things done. >> i think they are much less defensive than they used to sound on the affordable care act. they're talking about bringing down costs and the benefits of the law and engaging that in a way that is not putting them on the defensive of a bad website. he just sounded a lot more confident talking about it than i have heard from white house officials in previous years. >> do you agree? >> absolutely. >> damian paletta and james tankersley, thank you both for being with us today. >> thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2014] like hsbcake a case that got a $1.9 billion settlement levied at them a year ago. of the deferred prosecution theyment is they admitted have laund