host: our guest is senator johnny isakson, republican of georgia.e serves on veterans' affairs committee, also health, education, labor and pension. he's the vice chair of the select ethics and is on commerce, science and transportation, serving his second term in the u.s. senate. switching gears a little bit and looking at your foreign relations experience. nato wrapped up yesterday. the headline in "the washington times" says nato to turn security over to afghans in a year. the french still set to withdrawal early. the new french president plans to pull out as was part of his campaign pledge. what do you make of nato's plans and do you have concern, senator isakson, to have them pick up where the forces pleeve off? guest: my biggest concern is that we were leaving at a date certain in the future in 2014. that only gave our enemies, the taliban and al qaeda and other such operatives, window of opportunity to plan when we're gone. of course, your question is most perceptive, libby, because if we leave and the afghans are not capable of defending the

i'd like to start today with senator johnny isakson. senator isakson has spent his career working on budget issues. senator isakson, what's the impact of no budget resolution for three years, and is there a better way? is there a better way to approach the budgeting process than what we are dealing with now? mr. isakson: well, i thank the senator from nebraska for the question and for his service and as a former governor of the state of nebraska, he knows full well the responsibility we have in terms of budgets, but i'll tell you what the impact of no budget for three years is. no discipline for three years. and the result of no discipline for three years is you spend $10,400,000,000,000 without a budget. if i don't have a budget or a guidepost to go by and i'm spending $10.4 trillion, i'm making big mistakes. i'm making big mistakes not with my money but with the people of the united states of america's money. last night i did a telephone town hall back to georgia. at one time we had a little over 3,200 callers on the line. dwe after qu

the republican senator don johnny isakson of georgia and joins us to look at the government's role in the housing market. we will discuss middle east diplomacy with the ambassador to morocco from the 1990's. "washington journal" is live every day at 7:00 a.m. eastern. >> consumers are very frustrated. the smartphones are working so slowly. >> robert mcdowell on the universal service fund, competition for wireless space, and more, tonight at 8:00 a.m. eastern -- it cut p.m. eastern on cspan 2. tonight, live remarks from president obama. it has been 1 years since a tornado killed 161 people. see the president as a speech at 9:15 p.m. eastern. earlier today, president obama held a news conference at the end of a two-day nato summit. he discussed several topics including the u.s. economy and the future of military operations in afghanistan. this is 35 minutes. >> thank you to my great friend, rahm emanuel, the mayor of the city of chicago. you are my neighbors and friends, the people of chicago, for their extraordinary hospitality. and for everything they have done to make this summit a s