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with e lea we learned through precedent or bad habit the game miti gimmick institutionalized by both parties exploiting them. i am convinced along with everyone standing with me today we can do much better. i believe that america deserves a government that shoots straight and that tells the truth. whereas we are all keenly aware that the number one issue facing america right now is job, and that this federal government is doing all we can to create legislation to help foster an environment where the private sector can do just that, create jobs. but we cannot overlook the reality that we are spending money that we do not have. this reckless spending spree that has happened here in washington has no doubt significantly contributed to the downward economy, and this bill directly and specifically addresses the exact gimmicks in the current budgeting process that has led and continuing to lead deficits. americans deserve an honest accountable, predictable budget process, and this bill goes through nine specific gimmicks that are most commonly used. the bill offered by senator sessions and

controlling in because i want to leverage the brand and this is something that's very important for a mity-ownedhave the visibility to make connections with strategic partners. all we do in our business is find talented people, match them up with strategic partners, have a vision of how to build businesses and sort of be first among equals in terms of being the most preeminent minority company in the country. >> if you were to opine on the private equity industry, it provides capital for businesses. it creates jobs and some jobs are lost? >> absolutely. we have the rlj private equity fund in partnership with the carlisle group. we're 75, they're 25. we believe in private equity. our hotel right now, that's a publicly traded reach, started out as a real estate private equity fund from state and corporate pension sfounds we really believe in private equity. i believe in it because it's a way to take capital, put it to work, grow business, create wealth, enhance job employments and give entrepreneurs either two things, one capitol to grow or capital to exit and that's why i'm concerned about any at