leader of either party that testified on behalf of the creation of the commission before senator konrad and senator gray. i'm glad to see that two proven budget balancers have been appointed as co-chairs. a former clinton white house chief of statue and former republican senator alan simpson. congress must act on the commission proposals at the end of the year. we did not pass statutory commission. i was for statutory commission. we did not pass it. president obama did what he could do in the face of that failure to set up a commission, and both majority leader reid and speaker pelosi and myself -- i schedule legislation -- have pledged that we will put on the floor between december 1 and december 31 the results of the commission. the results are not gaurn feed. -- guaranteed. you need 14 out of 18 votes on the commission to make a recommendation. that's an extraordinarily high bar. whether it can be reached given the membership of the commission is problematic. the greenspan commission had great difficulty in 19 2 in reaching a conclusion as well. it was jim baker in the white house th

chairman konrad, thank you for your leadership and hard work and dedication to the priorities. it is never an easy process but you do make a true effort in investing in theories that you think there will make america stronger in the long term and putting our nation on may better path. that is what our charge is again this year. a budget is a statement of priorities. hours are clear. we put our families and small business owners first and we begin to put this country back on track by investing in our future. we have inherited some huge challenges under the bush in the station, the american people were told we could have it all. two wards paid off without sacrifice except for those of the service members and families and tax cuts for the wealthiest 1% of americans. some people did have it all. wall street ceos and big banks. for average americans, the consequences were stark. by the time president obama took office, we were losing 700,000 jobs per month and our economy was shrinking rapidly and our national debt has ballooned over $12 trillion. turning that around will not happen

who in order or representative becerra, hensarling, senator bourbon, chairman spratt and chairman konrad are the ones i've noticed who want to speak and we will start now with representative the -- beccara. >> the problems in debt, we've talked a bit already about health care and what is driving up the cost of government. give us some of the other fish taking up more room in the sea than they should when it comes to what the people of the country would want us to be doing and the second question would be when we talk of a systemwide reforms doesn't require us to examine more than just the items that you catalog with in the federal budget? we talked about medicare, about defense, we know about domestic programs but where in that would you put the aid of the 700 billion-dollar bailout of the financial service industry which president bush proposed back in 2008 which the taxpayers had to front load on a deficit basis through deficit spending for us to tackle the problems that we have as a government and as a people, we have to look beyond just what we categorized as the federal budget, don'

chairman konrad, thank you for your leadership and hard work and dedication to the priorities. it is never an easy process but you do make a true effort in investing in theories that you think there will make america stronger in the long term and putting our nation on may better path. that is what our charge is again this year. a budget is a statement of priorities. hours are clear. we put our families and small business owners first and we begin to put this country back on track by investing in our future. we have inherited some huge challenges under the bush in the station, the american people were told we could have it all. two wars paid off without sacrifice except for those of the service members and families and tax cuts for the wealthiest 1% of americans. some people did have it all. wall street ceos and big banks. for average americans, the consequences were stark. by the time president obama took office, we were losing 700,000 jobs per month and our economy was shrinking rapidly and our national debt has ballooned over $12 trillion. turning that around will not happen

who in order or representative becerra, hensarling, senator bourbon, chairman spratt and chairman konrad ones i've noticed who want to speak and we will start now with representative the -- beccara. >> the problems in debt, we've talked a bit already about health care and what is driving up the cost of government. give us some of the other fish taking up more room in the sea than they should when it comes to what the people of the country would want us to be doing and the second question would be when we talk of a systemwide reforms doesn't require us to examine more than just the items that you catalog with in the federal budget? we talked about medicare, about defense, we know about domestic programs but where in that would you put the aid of the 700 billion-dollar bailout of the financial service industry which president bush proposed back in 2008 which the taxpayers had to front load on a deficit basis through deficit spending for us to tackle the problems that we have as a government and as a people, we have to look beyond just what we categorized as the federal budget, don't we, to