passed a resolution condemning the use of unmanned aircraft for former pentagon official michael maloof things it will do little to put the u.s. from using its using its weapon of choice the resolution i think reflects the will of a lot of lot of folks around the world on the use of drones because of so many innocent people have been killed the reality is that drone strikes are going to continue the really the use of drones is really going to be the new six generation type of warfare that the united states instigated initiated and we're seeing other countries quickly adapt to. adapt in that process and i don't think it's going to diminish at all i think it's going to require being much more selective in the use of drones and and where they can be used. arda why do some global headlines are on the program at least fifteen people reported injured as national guard officers deployed tear gas to disperse protesters in venezuela hundreds of students marching through caracas demanding an end to excessive force on the release of anti-government demonstrators jailed in recent weeks thousands of

[cheering and applause] and out of the bay area, 102, san francisco, it's the maloof family. and applause] everybody's here trying to win theirself a lot of cash and the possibility at driving out of here in a brand-new, head-turning ford fusion. here we go! give me swapna! give me quanzanzaousi! ["

second day, with a total already--$20,000, straight out of the bay area, san francisco, it's the maloofnd applause] and from woodmere, new york, it's the rosner family! everybody's here trying to win theirself a lot of cash and the possibility of driving out of here in a brand-new fuel-efficient ford fusion.

maloof like to do is give them a pass the that they can have greater certainty. we are collecting taxes, but we are also in a position to, you know, invest more and make greater contributions to our economy. time. so at this time i'd like to invite the presentation and we'll take some q&a hopefully right after he presents. thank you. >> thank you. it's great to be back at nabe. i'm afraid that i'm going to mostly stand here while i talk. rather than just focusing on the budget this morning i thought it would be useful to spend most of my time talking about cbo's perspective on the u.s. economic outlook and then i will wrap up by talking about the budget. i know your next session will go in to budget issues in greater detail. i want to try to address five questions. first, most importantly, how will the labor market evolve? together with our budget and economic outlook released a few weeks ago, we released a separate report on the slow recovery of the labor market. so we'll start with that. then, i'll talk briefly about how rapidly we think potential output will g

passed a resolution condemning the use of such unmanned aircraft a former pentagon official michael maloof things it will do little to put the u.s. off from using its favorite weapon of choice the resolution i think reflects the will of a lot of lot of folks around the world on the use of drones because of so many innocent people have been killed the reality is that drone strikes are going to continue the really the use of drones is really going to be the new six generation type of warfare that the united states instigated initiated and and we're seeing other countries quickly adapt to. adapt in that process and i don't think it's going to diminish at all i think it's going to require being much more selective in the use of drones and and where they can be used. and quickly to some other global headlines for you at least fifteen people reportedly injured as national guard officers deployed tear gas dispersing protesters in venezuela hundreds of students marched through caracas demanding an end to excessive force and the release of anti-government demonstrators jailed in recent weeks thousa

maloof concerned about resources, and that challenge is going to come back again to those of us to provide services it may be able to offer cloud based services to help fulfill the functionality that exists across different parts of the framework. and so you have to think about a from both sides. those things that may either request or in some people to do action and those of the things they're going to say, hey, what would i want to offer customer bases to help them in this? >> doug, what do you think? >> we have relied from everybody on this first panel. i think that is really going to be the primary driver said. i will give you a couple of examples. on the insurance side we have already seen insurance carriers going to larger institutions and as the specific question, what are you doing about implementing the seven security framework. essentially those conversations are already happening within some of our larger financial restitutions. notwithstanding insurance there were looking at it in large part anyway, but the insurance industry looking at how this all fits together and that they

maloof like to do is give them a pass the that they can have greater certainty. we are collecting taxes, but we are also in a position to, you know, invest more and make greater contributions to our economy. >> thank you. >> thank you. >> thank you very much. >> thank you very much. >> this week congress is considering several proposals to reform the irs and the tax code. meanwhile, the chairman of the ways and means committee in the house is set to unveil his proposals for tax reform on wednesday. the tax reporter for politico joins us from capitol hill. what are some of the things we know already about the proposal that chairman campbell announced >> it appears that dave camp is able to fulfil his goal of reducing the income tax rate for individuals to about 25%. we are hearing a lot of discussion about a big tax on big financial institutions and banks that could raise about $50 billion. we are also hearing different -- right now is rumor mill appear. k street is exploding with different rumors, will be on the base tax and rates you're hearing capital gain tax