. >>> here's the lineup tonight, chicago mayor rahm emanuel and purdue university president mitch daniels talk about expanding economic opportunity in the u.s. than several sessions from a form on federal investment and infrastructure projects pick later, the national transportation safety board releases its wish list for improving transportation safety.>>> c- span's washington journal live every day with news and policy issues that impact you coming up thursday morning we will take a look at the trump administration's legislative priorities with georgia representative rob woodall and then california representative rochon a on u.s. foreign policy related to yemen, serious and venezuela as well as voting rights, campaign finance and financial rules plus president donald trump's promise to end the age identified in aids. watch these live at 7 a.m. eastern thursday. join the discussion. >>> here's a conversation with chicago mayor rahm emanuel and purdue university president mitch daniels. their remarks are part of a series of events on expanding american economic opportunity hosted by the a

>> up next, we'll ask former governor of indiana mitch daniels of propols f wltsaoreah tax..s. national debt reaching $22 trillion and counting. >> joining us now is an outspoken critic of unchecked government spending and the rising debt, mitch daniels, former governor of indiana thanks very much for joining us, governor. >> p gogood to be here. >> what's the best way to solve this, drastically cutting spending on increasing taxes >> well, we've let the thing, the problem run so long now, wilfred, that ultimately there will be some of both it's not the best way, the only way to approach this problem is, i think, all honest observers have known for a long time is to reform the auto pilot programs, the so-called entitlement programs which along with debt will soon amounti to well over two-thirds of the entire budget. if there was ever a time when it could be approached without changing those programs in a material way, that's long gone so no formula that omits fundamental change in social security, medicare, medicaid and government pensions will suffice. >> i get it, and this

i'm delighted to moderate this panel with our esteemed guests president mitch daniels on my far right who was previously i'm sure as many of you know the governor of indiana and can talk a little bit about his experience leading a state as well as a massive university and to my closer right is although politically -->> to mitch 's left. >> that's a good way. >> always start with the point of origin. i still have four months left i've got to survive.>> mayor rahm emanuel, who is the mayor of chicago and both of our panelists actually have experience in washington as well. and we will talk a little bit about the contrast from the villa from d.c. versus on the ground of the state and local level. one thing i think it's interesting and i'd like to talk about to frame this debate is how if -- if consensus but overlap when it comes to problem solving of the state and local level is that i should say states and cities have been much more active in policy and in the last several years when it comes to trying to find creative ways to promote opportunity some of that is related to obstructionis

rahm emanuel and mitch daniels talk about improving the u.s. during the aspen institute economic strategy group. >> you can all hear me, right? sounds like yes. i'm an op-ed columnist at the "washington post," where i mostly write about economic and public policy issues. and i'm delighted to be moderating this panel with our esteemed guests. president mitch daniels to my far right, who was previously, as i'm sure many of you know, the governor of indiana and can talk a little bit about his experience leading a state, as well as leading a massive university system. and then to my closer right is -- although politically -- >> to mitch's left. >> to mitch's left, a better way of framing it. >> let's start with the point of origin. [ laughter ] >> i still have four months left. i've got to survive. >> mayor rahm emanuel, who is the mayor of chicago, and both of our panelists, actually, have experience in washington, as well. and we'll talk a little bit. i would love to, anyway, about the contrast from the view from d.c. versus on the ground at the

schultz was talking about mitch daniels, president of the university, brought down the cost of college. he literally looked at audience, you were supposed to clap. not that the guy is blowing the doors off as a speaker. how do they get excited about his candidacy? >> if he can come up with some ideas, some proposals, and that critique of america to answer the, the questions he himself raised, connell in a way that galvanizes people. but so far i haven't seen it. i don't think too many people -- connell: trying for the center, economically, liberal, socially centrist, that is mike bloomberg or maybe joe biden lane. is there no enthusiasm in today's left of center voter, or we'll see the democratic primaries is there no enthusiasm for that anymore? >> i wouldn't quite put it that way. i would say you can't get elected as a liberal-leaning independent and ignore independent voters and republicans, which he appears to be doing, to a large extent. connell: right. >> i think there is room in the democratic party for a moderate, whether it be mayor bloomberg, joe biden, or one of the other ca

mitch daniels here at purdue says for some state of the union in some areas a degree isn't necessarily worth it, but in general terms a college degree will make you more money in the job market than no college at all. >> we applaud his efforts or anybody's efforts to keep costs down and look for other people to get a degree. scott, great stuff >>> coming up there's one surviving tank factory left in america. business has been pretty good there lately morgan brennan has that story. >> reporter: i'm in lima, ohio and this is the last remaining tank factory in america and seeing a rema assistance we'll be talking tanks when "the exchange" returns. looked at cha. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ this is

if we had presented him with people like that, like mitch daniels in the department of education, thethat we have put together, i think if the president met them and been presented with them, he would have picked them and the beginning would have been different. but others believed their consolidation of power and authority was more important than serving the president well and serving the country well. and that's a lot of what we talk about in the book. >> and do you think a former congressman who was an omb director can be acting chief of staff and still run omb? aren't they perpetuating the same problem? >> it's hard for mick. i have great respect for mick mulvaney, i think he's a really bright guy and a tough guy. i think he's got a lot of the traits you need to be a good chief of staff. the question is, can you do both those jobs? i think anybody will tell you who has been director of omb, it's a huge job and a very difficult job. he's got some able people there who i think are acting as omb director while he's acting as chief of staff. i have a lot of respect for mick. i think h

so, i started this initiative actually with another former governor, mitch daniels, at the institute around future of work. and, that is into the future of how our economy can work for more people. broadly speaking, it falls into three categories that i've focused on. one is, with the nature and the fact that nobody is going to work for the same job for 38 years when my dad did, when people move around, how do we create a social contract that really is based on current economy? that means in my mind, portable benefits. we all say as business leaders or governors, our biggest asset is our workforce. how do we intend people to invest in human capital in ways with a different set of rules and structures in the 20th century? and as a former business guy, i worry that the current market is focused on short-term, in terms of profit-seeking over long-term value creation, really undermines many of the fundamentals of our economy going forward and i've got some ideas on all of those, all of which i hope will be bipartisan, and not necessarily the fault of the left-right continuum. >> morgan,

authorities and members who will be joining today's panels, melissa kerny, glen hubbard, greg ep, and mitch daniels. finally a thank you to all of the members of the economic strategy group who are here today and those that couldn't be here today for your contributions to our work. i'm looking forward to our discussions today and to learning and now it's my great pleasure to turn the meeting over to melissa kerny who's the director of the aspirin straten group. she's going to moderate the first panel. melissa. [ applause [ applause ] >> come on up. so we're waiting for one more to join us. there he is. great, right on cue. thanks for being with us this morning. the backdrop for this panel is really the erosion of economic security that so many americans have experienced over the past few decades. hank referred to some of the trends that we've been talking about, the decline in employment among many prime age adults, in particular, those without a college degree, wage stagnation for noncollege educated americans in particular, the growth in income and inequality, and so against this backdrop of chal

so i started this initiative with another former governor, mitch daniels, at the aspen statute. that has morphed almost into the future of how our economy can work for more people. broadly speaking, it falls into three categories. one is with the fact nobody is going to work for the same job for 38 years the way my dad did, how do we create a social contract that really is based on current economy? and that means in my mind portable benefits. we all say as business leaders or governors, you know, our biggest assets, our work force, how do we get people to invest in human capital? ultimately, as a former business guy, i worry that the current market focus on short-termism in terms of profit seeking over long-term value creation really undermines many of the fundamentals of our economy going forward, and i've got some ideas on all of those. all ideas which i hope could be bipartisan and not necessarily default to the left/right continuum. >> great to be with you and senator warner. senator warner is a leader on these work force issues. but just good to be here and part of the prog

also president daniels thank you for hosting me today. i first met mitch at his home over dinner but i have long admired the servant leadership over the great state of indiana and president of this magnificent university. time and time again president daniels has proven himself to be a fiduciary in a person of pious character. he has demonstrated political courage is that we need more of today with access to health care and spurring economic development as governor of this great state. or his achievement to keep tuition flat that is quite an accomplishment allowing students to become the first and their families to attend college so thank you for what you do. thank you. [applause] it is a pleasure to be back at purdue as you celebrate 150 years. it is a long distinguished list of those who change the world. i am sure like many of you drew breeze was in the super bowl this year but enough about that. and with another purdue hero his commitment to helping others as he battled terminal cancer with an example of courage and selflessness. and an accomplished al

daniel on the mound. went 1 inning and had problems. mitch haniger, two-run homer for the mariners. ichiro 45 years old and trying to make the mariners this year. he didn't play most of last year. a bloop in the right field. 2runs score. mariners on their way to victory. of the top prospects in baseball looking good. pitched 1 inning and gave up no earned runs. the mariners win 8-1. over in scottsdale, arizona the giants will make their debut tomorrow weather permitting. in the meantime companies reese -- scott reese trying to find a story. >> another day of winter training kept most of the giants players indoors. temperatures were in the high 30s and rain persisted through much of the day. a couple starting pitchers can throw live patting practice. the most significant development may be to come. bryce harper remains without a team. the nationals and white sox are not in the mix. leaving the giants as one of three teams. >> he get what he deserves. if it with us, i don't know if we have lockers left but we'll clear one. >> he's a great baseball player. hopefully it works with us. >

daniels to stay silent about her alleged affair with mr. trump in the weeks leading up to the election sflierjts now mitch mcclonl have to bring the measure toin the next 18 days. ifle bill gets to the president's desk, mr. trump has vowed to veto it >> mandatory evacuations are underway in parts of northern california dozens of communities along the russian river in sonoma county are in the path of quickly rising floodwaters the river is expected to rise nearly 14 feet above its flood stage. amid heavy rainstorms and mudslides are also now becoming a concern there as well. >> phillip, thank you very much. >>> stocks futures down about 94 points right now we're seeing right across the board on the s&p, nasdaq, and the dow. joining us now on set is seema shaw at principal global investors. good to see ow set welcome. >> thank you very much >> the last time you were on this fine program, you talked about how the drop in volt tilt may be a worrying sign well, all that's happened since then is volatility continues to fall, and the markets continue to go up are you more concerned now >> i mean, i think that what we've had is market expectations a

melissa, glenn, austin, greg, in mitch daniels. finally, i thank you to all of the members of the economic strategy group who were here today and those who couldn't be here today for your contributions to our work i am looking forward to our discussions today into learning now, it's my great pleasure to turn the meeting over to melissa , the director of the aspen strategy group, she's done a terrific job working with amy and she's going to moderate the first panel melissa? [ applause ] >> were waiting for one more right on cue. thank you for being with us this morning. the backdrop is the erosion of economic security that so many americans have experienced over the past few decades closer to trends we've been talking about , the decline in employment among adults in particular those without a college degree, wage stagnation for non-college- educated americans, the growth in income and quality driven by gains at the top. so, against the backdrop of this panel has focused on particular policy aims, specifically to aims of increasing