another thing on the deficit, mark warner of virginia, has been pulling together in this bipartisan committee, people from both parties opening on social security, 3rd rail-kind of stuff, but he got a lot of people to pay attention. helping independents on tough calls will help us in the end. >> the last reform of social security was after the reelection of george bush in 2005, who wanted to privatize social security. the stock market always goes up? does anyone else see the condition of this country psychically, if we have privatized? >> that is giving a bad name to a good thing. there are many other ways to do it to make some sense. >> i understand that, but it has to be scrutinized. >> i think entitlement reform will be a task. it will be addressed. publicans are talking about it, democrats are talking about it. that is an imperative. but it is almost like, on tax reform, protecting the middle class, but the deficit is going to take over in the next couple of years. >> one thing is health care expenditures. medicare, medicaid, that is where the money is, even more than social security. the

gave up on that spending bill loaded with earmarks, including more than 66 million inserted by mark warner. john mccain gave credit to the tea party. >> for the first time since i've been here, we stood up and said enough. stop. >> reporter: the senate will likely approve a short-term spending measure instead. the action later thursday night was still in the house, and that tax and unemployment compromise. what does it mean to you? >> failure to pass this legislation will be the equivalent of reaching into the bank account of every middle class family and pulling out an additional $5,000 next year. >> reporter: conservatives hate that the bill 's extension of unemployment is not paid for. liberals hate it for other reasons. >> too much debt, too few jobs, too much risk to social security. >> reporter: after long delays, it appeared thursday night the bill is on the way to passage. what we get from the house is that could happen between 11:30 and 11:45. right now, anita, there is no money to run the government after a few days. that's likely to get fixed. the big vote coming on the tax and

democrat mark warner earmarked $66 million for marine accult uhorticultural crops and more. if anyone deserves props in this whole controversy tmight be the 11 senators who voted to ban earmarks and didn't put any in the current bill. the furry over earmarks is so bit erb the president worries it will keep the whole spending bill from getting enough votes to pass. that would disrupt budgets government-wide. >> the president would strongly prefer a piece of legislation that doesn't contain any of those earmarks. >> reporter: but the white house spokesman urged congress to hold its nose and vote for the spending bill, earmarks and all, to keep the pentagon and other government agencies operating normally. katie. >> couric: sharyl attkisson, sharyl, thank you. in health news, the f.d.a. is reversing course on a top-selling cancer drug and saying avastin should no longer be used to treat breast cancer. recent study showed it did little to slo the disease but it will remain on the market to treat colon, lung, and kidney, and brain cancer. if doctors use it off label to treat brea

virginia democratic senator mark warner and others are offering republicans a compromise. top democrat on the senate budget committee says the house should make changes even if it takes a little longer to pass this tax bill. >> if they have a better idea, they should pass it, send it to us. >> this agreement is not subject to being reopened. >> the tax deal also renews unemployment benefits and cuts social security taxes for one year. >>> another priority for democrats with time running out in the lame duck session of congress is the don't ask, don't tell policy. supporters of repealing the military policy see this week as the best shot for overturning it. democratic leaders including maryland congressman steny highway are say the house will take up the ban. that could put pressure on the senate to act. even if the house does vote, the senate may not go along with it. >>> an army flight surgeon is refusing orders to deploy to afghanistan and he is blaming president obama. coming up next, we'll get details of why he is not reporting to duty. >>> a million dollar heist caugh

senator mark warner is worth $174 million. senator kohl from kohl's department store. rockefeller is worth just under $100 million. then senator feinstein, an estimated worth the $77 million. guest: this fix to the diversity of investments in which the members of congress are involved in. he had everything from basketball teams, retail stores, real estate holdings, on stocks , and a run-of-the-mill pedestrian bonds and mutual funds. it definitely does range from a-z in investments. we see a lot of blue chip companies, companies that do have the names of everyone would recognize whether it be coca- cola, pepsi, apple, microsoft, all the way down the list that in appearing on the most popular investment list that we have created for a lawmaker investments. guest: in the media, they took in $30 million in debt purchasing. let's look at some of the poorest members of the house starting with a representative solis from louisiana. -- rep. scalise. guest: there are exceptions to the rule. there are members of congress that are being recorded as millionaires and there are a fe

mark warner is 56. he appeared in the film "league of extraordinary gentlemen." actor adam brodie turns 31 today. -- adam brody turns 31 today. >>> 5:44. this weather first starts with school delays. it's because of the frigid cold weather. in west virginia schools in grant, hampshire, hardy, jefferson and morgan counties opening two hours late. >> the list continues. maryland, garrett county schools are opening two hours late as are the schools in mountain ridge school district, allegany county and rapahannock county schools in virginia will be closed because of a water problem. >> weather outside is frightfully cold. it's not a bad day, just a cold day. >>> weather wise it's cold this morning. weather wise cold but the clear skies. deb told me she saw meteors shooting out last night. actually the night before was the better night. but there's still a few out there that you may see a shooting star this morning. your bus stop forecast, it's frightfully cold out there. the weather. mainly clear, breezy and cold. 15 to 23 for the air temperatures. sunrise at 7:19 w

one proposal from senator mark warner up virginia is to take account of the problem of off- budget costshe would like to put regulations on a pay-as-you-go basis. if there is a rule that costs $50 billion per year, you would have to go back and clean up all the regulations that have been imposed in the past to the tune of $50 billion in savings to add more regulations. and even more audacious proposal is that from senator jim demint and jeff davis of kentucky. it is the act that says no major regulation, regulation costing more than $100 billion or more, may take effect until it has been approved by a joint resolution of congress with the president's signature. it has the advantage of going back to the heart of the matter. what congressman or senator will say we should not stand up and be counted on something that can cost $100 billion per year. i like these institutional reform ideas. i like the step-by-step approach in the size by senator alexander in his pre present years. ronald reagan was a crusading newspaper columnist. he was involved in issues of taxation. every couple of columns

senator mark warner is worth $174 million. senator kohl from kohl's department store. senator rockefeller is worth just under $100 million. then senator feinstein, an estimated worth the $77 million. guest: this fix to the diversity of investments in which the members of congress are involved in. he had everything from basketball teams, retail stores, real estate holdings, on stocks , and a run-of-the-mill pedestrian bonds and mutual funds. it definitely does range from a-z in investments. we see a lot of blue chip companies, companies that do have the names of everyone would recognize whether it be coca- cola, pepsi, apple, microsoft, all the way down the list that in appearing on the most popular investment list that we have created for a lawmaker investments. guest: in the media, they took in $30 million in debt purchasing. let's look at some of the poorest members of the house starting with a representative solis from louisiana. -- rep. scalise. guest: there are exceptions to the rule. there are members of congress that are being recorded as millionaires and there

in "the financial times," senator saxby chambliss and mark warner -- and senator mark warner are attempting to rally congress to a difficult, bipartisan consensus to tackle the long-term debt problem in the u.s. it could add pressure on to obama to come up with his own solution before the state of the union address. they are teaming up on the deficit. front-page of "de washington times," fcc set to ok rules on the internet. the gop opposes the neutrality plan. increasing government oversight of the internet -- it is difficult to tell who objects more, republicans who denounced the move, or democrats who dismiss the reform as too weak to do the job. that is what the fcc will be taking up today. how do you think the senate should vote on the start treaty? caller: i think the senate should but the whole doggone thing -- put the whole doggone thing on hold and take more time to look at the issues. i am a registered republican, but i am not happy with either side of the calling -- coin. track our representatives' records and the decisions they have made which have led us into this financial mess

one proposal, senator mark warner falls into this category is to take account of the problem of off-budgetosts. he would like to put regulation on a pay-go basis, so if an agency had a regulation of $50 million a year, they would have to clean up old regulations to the tune of $50 million in savings through reform. an even more radical proposal is from senator demint and senator davis of kentucky. the so-called reins act, which says no regulation costing $100,000 or more can take effect until it's approved by a joint resolution of congress bearing the president's signature. that's addressed to the delegation problem. and it has the advantage of going right to the heart of the problems of the autonomous regulatory state and being for all of its audacity, being difficult to oppose in principle. what congressman or senator will say, no, we should not stand up and be counted on something that's going to cost $100 billion a year. i like the institutional reform ideas. i like the practical step by step approach emphasized by senator alexander in his prepresidential years, ronald reagan was a cru

one side of proposal, senator mark warner of virginia falls into this category, is to take account oft if an agency of the role that cost $50 million a year, ford could impose it. it would have to go back and clean up all of the regulations that have been imposing for decades in the past to the tune of $50 million -- $50 billion in savings through abolition or reform. and even more audacious proposals, that is senator jim demint in its original author, jeff davis -- congressman geoff davis of kentucky, which is the so-called ransacked, which says that no major regulation does regulation cossey $100 billion per year or more they take effect until it has been affirmatively approved a joint resolution of congress. the president's signature. that is addressed to the delegation problem. and it has the advantage of going right to the heart of the problems of the autonomous regulatory state and being, for all of its vivacity, been difficult to oppose in principle. but congressman and senator will say as now, we should not my body stand up and be counted on something that's going to cost $100

of course senator mark warner, who is the sponsor on the senate side of this legislation, i too want to salute congressman -- former congressman tom mcmillan who has been just a tireless advocate for establishing this foundation which can support the mission of the president's council on youth finance, sports, and nutrition. this council was first established, as has been indicated a couple of times, by president eisenhower back in 1956. who understood we needed to create a focus here at the federal level on the issue of healthy lifestyles, on finance, on physical activity, getting people outside into regular activity. and today, we have the council with the same mission, a very important mission, more important, i think, than ever before. you've heard the discussion about the increasing incidence of obesity among the next generation, the importance of encouraging regular physical activity, of paying attention to nutrition, i, myself, am very focused on research that shows that the average young person today spends about 7 1/2 hours a day on television, video games, internet, hand he

particularly on the financial reform package -- the work of senator bob corker and working with mark warner and working with so many people on this side over made a major contribution to the effort. we did not all come to an agreement, the effort made a far better product than would have otherwise been the case i am eternally grateful from the guy from tennessee, bob corker. >> i intend to attend the latin american hearing later today. you said you could run for president of any of those countries play. i will move onto our wonderful witnesses. i thank all of you for coming today. as it relates to just the macro-prudential issue of the invitations -- the servicer is involved -- we have not really talked about the issues. we have been flooded with phone calls. you have been helpful to us as we try to navigate that. as it relates to the macro- provincial issue, the strength of these organizations, what may happen over time financially, i would love for chairman sheila bair and mr. teruullo and mr. walsh to respond how that would impact overall theme we do not see is this a big impact at this

first, mark warner who is working with bob corker, a republican from tennessee, and the two are working to get legislation through. that is what we need, people putting their minds together and coming up with they way to get things done. and the other one i admire is the other senator, jim webb, who is a man who has served in the military. my whole family was military and i am definitely pro-taking care of the troops. i asked him once if his son's where combat boots, and he said to mind your on business, letting people know it was not their business. mr. webb made it very plain that he was still his own man. i think more of us need to stay up -- stand up and say who we are. of my two men are warner and webb, and i'm very proud to have them as my senators from the state of virginia. host: from the financial times today, south korea, the country is about to take part in the sixth-country talks. denver, colorado, republican line, dave, go ahead. caller: a, i would have to say admired politicians is john hagan looper from colorado. he used to be our mayor. this guy came 20 years ago from no

was an amendment that was added over in the senate and on the senate side we worked with senator mark warner, certainly want to thank him, joe lieberman, senator akaka. but we worked closely with senator collins, senator coburn who added an amendment, the amendment that creates this mechanism to penalize agencies that don't meet this goal, and we at the last minute we also spoke to senator jeff session abouts this particular bill and this bill got the support. as you know it was u.c., passed unanimously from the senate yesterday with the input of our republican colleagues on the senate side. . the amendment that they added would penalize agencies. if they have not met the performance goals for fiscal year this bill will require action and this will ensure the goals that are met -- are met and actively pursued throughout the year. bottom line is this will allow us to provide legislative oversight over the executive branch, whether it's a democratic or republican president, this is something that we need to do. the american taxpayers deserves a government that's transparent, efficient and acco

some have talked about on capitol hill, including senator mark warner, talking about -- having this fruitless debate, if you will, about extend or freeze the bush tax cuts. let's freeze the bush tax cuts on the wealthiest 2% of americans and use that money to put back in manufacturing and other technology sectors in this country. that, to us, is a much better use of the money than just giving it to wealthy people. that would drive job growth in the country and give confidence back. host: recently in "usa today" in an itif report you said -- new jersey was in the top five. it is, indeed, never for in your survey results here, in your study. -- number four in your survey results here. is that at a disadvantage for rural states? guest: it actually does put georgia state at a disadvantage. if you look at the engines of growth economically today, they are in these knowledge clusters. people talk about silicon valley, route 128, research triangle park in raleigh/durham, chapel hill. it is bringing together this mix of companies, universities, venture-capital this, too many colleges. -- venture capi

host: looking at the senate, senator kerry who married into his wealth, senator mark warner who made his money before running for governor of virginia and is now in the senate, senator kohl who is part of the calls department store family, senator rockefeller inherited his wealth. how much of this is before they sought public office and how much is made while in office? guest: many members of congress before elected come in very wealthy. they made their money in business. they made their money in investments. they are coming in as millionaires, multimillionaire's, and in a couple of cases millionaires that had their wealth ranging in nine figures. that does not preclude them from keeping investments in place once they get into congress. while most of them come in relatively wealthy, congressional salaries, while generous, was not earning millions of dollars in and of themselves. members of congress are definitely keeping the irons in the hot fires that they are in and are generating big, big dollars for them which is why you see the fluctuations, why you see lawmakers who are already

mark warner, number two, he's worth. $174 million 12k34r50 kohl's >> that speaks to the diversity ofir invessments. you have everything from basketball teams to retail stores to real estate holt holdings and stocks and more run of the mill pedestrian bonds and mutual funds and other cash investments. so it definitely does sort of range from -- from a to zoo zorkse what it comes to what lawmakers are invested this. we see stocks and blue chip companies. stocks in companies that do have names that everyone would recognize, whether it be coca-cola or pepsi or apple or microsoft and all the way down the list, definitely appearing on the most popular investment list that we created for -- for lawmakers investments. >> and the immediate cra jane harman's husband, sidney harman, "newsweek magazine," took in $30 million in debt. let's look at the poorest members of the house, beginning with steven joseph scalise. and others. . . . there areeptions to the rule. as millionaires and there are a few that are not doing well. host: these are all in the negative. they have no net worth? guest:

. >> warner: mark shields and michael gerson analyze this week's news. ♪ >> brown: plus, we take a secondook at paul solman's story about a great composer who was also a smart investor. that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> auto companies make huge profits. >> last year, chevron made a lot of money. >> where does it go? >> every penny and more went into bringing energy to the world. >> the economy is tough right now, everywhere. >> we pumped $21 million into local economies, into small businesses, communities, equipment, materials. >> that money could make a big difference to a lot of people. >> opportunity can start anywhere and go everywhere. to help revitalize a neighborhood in massachusetts; restore a historic landmark in harlem; fund a local business in chicago; expand green energy initiatives in seattle. because when you're giving, lending and investing in more communities across the country, more opportunities happen. and the william and flora hewlett foundation, working to solve social and environmental problems at ho

provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable mark warner, a senator from the commonwealth of virginia, to perform the duties of the chair. signed: daniel k. inouye, president pro tempore. mr. reid: mr. president? the presiding officer: the majority leader. mr. reid: following leader remarks if any the senate will return to a period of morning business with senator sanders of vermont to be recognized for -- to speak for whatever time he feels appropriate. there will be no roll call votes during today's session of senate. the next vote will be at 3:00 p.m. on the motion to invoke cloture. as i announced last night that will be held open longer for usual to allow senators to make that most important vote. i have nothing further, mr. president. the presiding officer: under the previous order the leadership time is reserved. the senate will now be in a period of morning business. a senator: mr. president? the presiding officer: the senator from the commonwealth of pennsylvania. mr. casey: thank you, mr. president. mr. president, this month the o

provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable mark warner, a senator from the commonwealth of virginia, to perform the duties of the chair. signed: daniel k. inouye, president pro tempore. mr. reid: mr. president? the presiding officer: the majority leader. following leader remarks, there will be a period of morning business, there will be no roll call votes during today's session. senators are inkiewrnlgd to be on the -- encouraged to be on the floor tomorrow for a live quorum for an impeachment trial of judge g. thomas porteous. mr. president, as far as lame-duck sessions, our agenda is rather ambitious and the session itself is relatively long. it didn't have to be this way. we've tried many ways in this congress to tackle each of the priorities on our agenda. each time we tried the majority has tried to shut down the senate. republicans have ground the senate to a halt with hours of endless inactivity. that's why we were here on saturday. thank goodness it wasn't on sunday. that's why we'll be here another few weeks. we have a long to-do

paragraph 3, of the standing rules of the senate, i hereby appoint the honorable the honorable mark r. warner, a senator from the commonwealth of virginia, to perform the duties of the chair. signed: daniel k. inouye, president pro tempore. mr. reid: mr. president? following leader remarks, the senate will resume consideration of the house message with respect to 4853, the vehicle for the tax agreement with the time until 3:00 p.m. equally divided and controlled between the two leaders and their designees. at 3:00 p.m., the senate will proceed to a roll call vote on the motion to invoke cloture, the motion to concur to the house amendment to the senate amendment to h.r. 4853, with the reid-mcconnell amendment. the cloture vote will be held open until -- we'll close it as quickly as we can. there is bad weather around the country. i just got a call from a senator who is stuck in minneapolis, but we'll close it just as quickly as we can. we need to start it earlier than normal because some people had to go places. we will be as deliberate as we can in making sure people have the opportunity to

warner, webb. >> reporter: reaching the needed 60 vote mark, senators gave their first approval to extending the bush-era tax cuts, set to expire on january 1st. >> there's a lot of good in this bill, but like any compromise, there are provisions i would not want to see in the bill. i think the good news is that the political process is perhaps starting to work. >> reporter: the deal extends bush tax cuts for everyone and keeps unemployment checks going to 2 million americans and tax break for estates worth over 5 million there's has some democrats in revolt. >> there are some in the democratic cause -- caucus that would not go along with a compromise but most people believe the administration got out negotiated. >> reporter: they found 60% of those asked approve of the deal. a "washington post" abc poll found 69% support. the heritage foundation says a 2% payroll tax cut is proving popular. >> we pay 6.2% and employers pay 6.2%. >> under the deal if you make $50,000 you get an $1,000 extra in your check. if you make $100,000 you would get an extra 2,000. >> a way to stimulate the economy. we do

warner: and that's the "newshour" for tonight. we'll be back on christmas eve with a newsmaker interview with governor bill richardson, mark shields and michael gerson among others. i'm margaret warner. >> woodruff: and i'm judy woodruff. we'll see you on-line and again here tomorrow evening. thank you and good night. major funding for the pbs newshour has been provided by: >> okay, listen. somebody has got to get serious. >> i think... >> we need renewable energy. >> ...renewable energy is vital to our planet. >> you hear about alternatives, right? wind, solar, algae. >> i think it's going to work an a big scale. only, i think it's going to be affordable. >> so, where are they? >> it has to work in the real world. at chevron, we're investing millions in solar and biofuel technology to make it work. >> we've got to get on this now. >> right now. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broad

warner. >> lehrer: and i'm jim lehrer. we'll see you online, and again here tomorrow evening with mark shields and david brooks, among othersank you and good night. major funding for the pbs newshour has been provided by: >> opportunity can start anywhere and go everywhere. to help revitalize a neighborhood in massachusetts; restore a historic landmark in harlem; fund a local business in chicago; expand green energy initiatives in seattle. because when you're giving, lending and investing in more communities across the country, more opportunities happen. >> oil companies have changed my country. >> oil companies can make a difference. >> we have the chance to build the economy. >> create jobs, keep people healthy and improve schools. >> ... and our communities. >> in angola, chevron helps train engineers, teachers and farmers; launch child's programs. it's not just good business. >> i'm hopeful about my country's future. >> it's my country's future. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of thes

senior members of her team, including her deputy, ambassador marcie reeves, ted warner, michel yo me elliott, kurt s e man, and mark trout. these effects and many of the other members of the united states team were very impressive in their professionalism and experience. several had participated in the negotiation of the original start treaty or the intermediate-range nuke quer --r forces, the i.n.f. treaty. several were inspectors who are conducted on-the-ground inspections in russia under start and i.n.f., or were weapons systems operators who had been responsible for hosting russian inspectors at united states bases. so this team was not composed of the uninitiated or of neophytes. they had both background and skill. they were acutely aware of the lessons learned over the past decades of arms control and negotiated this treaty with an understanding of what monitoring and compliance verification mean. senator kyl and i also met two or three times during our trip to geneva with the russian delegation led by russian ambassador antoli antonof, who's an experienced diplomat and negotiator. his delegation included rep

. >> warner: and we continue our encores of paul solman's reports on the foreclosure crisis. tonight: what happens when a government program to help homeowners misses the mark. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> well, the best companies are driven by new ideas. >> our history depends on new ideas. we spend billions on advanced technologies. >> it's all about investing in the future. >> we can find new energy-- more cleaner, safer and smarter. >> collaborating with the best in the field. >> chevron works with the smartest people at leading universities and tech companies. >> and yet, it's really basic. >> it's paying off everyday. >> this was me-- best ribs in nelson county. but i wasn't winning any ribbons managing my diabetes. it was so complicated. there was a lot of information out there, but it was frustrating trying to get the answers i needed. then, my company partnered with united healthcare. they provided on-site screenings, healthy cooking tips. that's a recipe i'm keeping. >> turning complex data into easy tools. we're 78,000 people looking out for 70 million americans. tha