we will hear from jerry moran who authored the start impact, legislation aimed at helping businesses grow the economy. this discussion as part of a policy summit held by the consumer electronics association in las vegas. it is an hour. >> so, good afternoon. my name is larry downes. it means for an hour i can be up here and not back in the audience taking notes. just before the election, i wrote an article asking what it was that of intrapreneurs needed from washington. our panelists today may have a more productive agenda to discuss. i know there are many in the audience who are from washington. that is great because you will be hearing from some actual business owners and organizers -- organizations interested to talk about when the start up a economy does and does not need from washington. it is my great pleasure to introduce senator jerry moran will provide some introductory mar remarks -- remarks. both in the senate and then before 2010, and during seven terms in the house. he successfully led opposition with senator biden to defeat the protect ip act. that was the senate versio

jerry moran introducing a jobs bill that they believe would do just that. steve, to you first.uld this be more effective in generating jobs? >> i think it would be effective. it is one of the recommendations that the jobs council made. now we need to focus on other issues around entrepreneurship. most important one is talent. that is the key to driving an entrepreneurial economy forward in high skilled immigration has to be a part of any immigration reform. the legislation that was introduced, along with others, it really helps deal with that front and center. our issues around reforming our policy with high skilled workers. neil: one more question on that front. do you think there wouldn't have even been a need for a jobs council from the get-go than? >> i don't think it is helpful, including things like we are no longer focused on. >> it was only supposed to be for two years. i think a continuing effort, making sure that the recommendations that we may have been put into practice. it can only happen with bipartisan support. >> senator, we are trying to reform the immigration

joining us now is the bill's sponsor, kansas republican senator jerry moran and steve case, chairman, also the co-founder of americaline. senator moran, begin with you. why is it so hard for us to let in these smart brainiacs and technology entrepreneurs? what are we afraid of in this country? >> well, it shouldn't be that difficult. in my view this is just kansas common sense. this is something that republicans and democrats ought to find agreement upon and the reality is that when we fail to do that, we're physicaling out on a growing economy, putting americans to work and unfortunately we're losing a battle for that global talent because other countries have reached the conclusion to do what we're not doing. so jobs are being created, the american dream is being pursued but it's being pursued outside the united states. >> steve case, help me out in i'm wrong. you want to bring in entrepreneurs who will start companies, that's one class. second class is you want foreign students who go to our good universities to be able to stay if they choose to. if that's correct, what's holding

senator jerry moran of kansas, thank you very much, sir. we appreciate it. >> thank you, larry. >>> now let's get some reaction and bring in the assistant managing editor with "time" magazine. we also bring in andy cross, chief investment officer of the motley full. first of all, i'm in favor of the sequester, across the board cuts. i'd go across the board so much, i'd go commerce, labor, education, interior, energy. are you kidding me? i would slash everything. i would take out at least a quarter. at least a quarter. i don't care, sequester, i don't even know what it means. what i know is let's get rid of these goofy departments that are bankrupting america. what's your take on that? >> well, got to disagree with you. >> oh. [ laughter ] >> i think that there's certainly a time and place for cuts. as you say earlier, it's usually when the economy is working a little bit better than it is now. i think if you look back historically, the best time for cuts is back to trend growth, which is 3%, not the 2% economy that we're in now. i'll tell y

jerry moran of kansas, same thing, establishment candidate in kansas ended up winning the election. i think this is about controlling the message and making sure you don't end up with candidates on the ballot in november that just can't win. that said, a lot of times those candidates that just can't win are these ideological candidates, as david points out. you have a todd akin that says something that is not only, you know, unsupported by most american public but wildly or simply not supported by science. so if they get in those discussions, they're going to have a problem. i think one place where david is wrong, i think there is not a push in the republican party to find a smaller piece of land on which to stand. in fact, what you hear from the interest groups is, they're trying to train a candidates better, the ideological candidates better to talk more at least to the middle and concentrate on issues that the middle cares about. one good example is the susan b. anthony list, which supports anti-abortion candidates. they've been talking about a candidate training school for the c

but before introduced into is my great pleasure to introduce senator jerry moran of kansas who will provide some introductory remarks. senator moran as many of you know, a great friend of technology companies and a lid on entrepreneurship and innovation policy both in the senate and then before 2010 during seven terms in the house. senator moran successor led opposition along with senator wyden who we heard earlier from this going to defeat to protect ip act of earlier, early in 2012 and to protect ip act was of course the senate version of -- he's been very active in encouraging congress to develop good spectrum policy as well. senator moran is the author of the start of act and the start up act 2.0. these are bipartisan bills that speak to unleash the job creating power of entrepreneurs to innovate, create and grow the economy. so would you please welcome sentiment to his very first ces. [applause] >> thank you very much. thing over and much. thank you, lord, for the introduction to extort panelists. i'm anxious to get your instructions and your your direction as to what we should be atte