>> host: mr. baker? >> guest: i don't think immigration changes the story. i think your numbers are a little high. mini emigrants, accounting undocumented workers and illegal immigrants but many of those are not workers. some of those are families, kids and parents of people who work here but in any case that has some medpac that would say on wages that there is a lot of research showing wages of less educated people tend, there is downward pressure but in terms of that total employment pi#:"5i pennsylvania. thomasian on the line with amity shlaes and dean baker. >> caller: how are you doing? great programming c-span. i have a couple of quick questions. one is the regulation of derivatives, there is none as of yet and i think that was one of the reasons what has happened with this debacle, and also, it is one of the things where the pendulum sometimes swings too far and you can't regulate too much, where you fort growth but you have to regulate somewhat because of the things we just saw like thomas jeffe

. >> mr. baker?people are putting up with it because they don't realize there are any alternatives and they nae wedded to this idea of getting in the euro. said that to gdp ratio doesn't meet the conditions so they have been suckered. we care about the united states and i am amazed. we are not a country designed to enve high unemployment if you compare the united states to s tope. as a matter of design we have ndne rid of -- we have welfare reform in 1996. we expect people to working nonetheless we are looking at a otuation where the official unemployment rate that is heojected to be 9% or 8% year after, doesn't get back to alrmal levels until 2015. f d extended period of high unemployment. when you count in people working part-time and voluntarily and rescouraged workers at 17%. we are talking about a ansastrous situation and i am prisrised there isn't more anger. there is a lot of anger but this it is not manifesting itself, it is eery frustrated. there is anger. the bank is getting record bonuses

mrs. baker's kindergarten class, the students are getting read to by fourth graders. >> it is very importantd in your mind. -- a picture in your mind. >> and isn't that a wonderful thing? > >> and now, your 11 insta- weather plus forecast with chief meteorologist tom tasselmyer. >> still along the georgia coast and headed this way it will make the familiar turn off the mid- atlantic coast to iraq and right now, this store shows signs of strength in -- coast to moral and right now,nzij storm of shows signs of strengthening. it is pushing up into parts of southwestern virginia. already we're seeing snow here. wet snow with temperatures hovering at about freezing overnight. it is just like the storm event of the winter. it is not quite as gold near the ground as it was a couple months ago 39 in brookeville, 39 in pipes built and 39 in randolph lil. -- randall town. temperatures are running in the upper 30's in the area and that helps with evening rush hour. tonight, a rain and snow mix becoming more snow as we get into the morning. crgpzas long as these temperatus stay at or above freezing, we

mr. chairman, let's go back to commissioner baker's comment, where, you know, talking about the media comes, and the push to get the content on there, because of the way people are doing research, so if you want to ensure both a robust broadband deployment and the production of intellectual property in that content, from those copy write industries that are going to be essential and are going to contribute to that growth, then how are you going to go about that? i think we've got to realize that our core copy write industries contributed nearly a quarter of the real growth we had in our economy last year and you are talking about, you know, oo ease of access here. how are you going to marry those two? we're all interested in it. we have a lot of innovators who have invested a lot of money in new platforms, so how do you make the guarantee? >> i -- one is i couldn't be more firm in my conviction that it is essential to be able to protect intellectual property on the internet. i have been clear about this since the first day i was sworn in as chairman. i understand that one, it will be any --

baker. >> better. much better. >> tonight's half time report is from my home-ec teacher. never let a sleep class on an empty stomach. thank you my home ec teacher mrsme back. let's find out if we have got anything wrong so far. for that we go to tv's mike baker who is standing in for tv's andy levy. how are things going so far? >> find out if we got anything wrong so far? >> yeah. >> what are the odds of that happening? let's start off with the millenial generation story. this was fascinating. jim made some very interesting points. he mentioned that he was disgusted at the pander scpght cod lig -- pandering and the ddling. he says they have to get out and do something. and then jim do you feel like you lost some authority when you advised the viewers that you stayed at home until 30? >> that's why i mentioned it. i wanted to prove i would have had a lot of things to say had i not been an unmotivated lump myself. >> look where it got you now. >> yes, me de yok crit tee. >> sc said she felt we were making a generation of george kastanzas. >> yeah. >> you mentioned in that rant that there were all velour track suit wearing. did george kastanza wear a

, mary baker, scott berkowitz, ivy english, andrew fishburn, laura hoffmeister, scott mathews, mena sharma, max updike. mr. president? the presiding officer: would the senators hold for a moment. the clerk will report the bill. the clerk: calendar number 331, h.r. 4872, an act to provide for reconciliation pursuant to title 2 of the current resolution on the budget for fiscal year 2010, s. con res. 13. the presiding officer: the senator from montana. mr. baucus: madam president, for the information of all senators -- i might ask the senator from new hampshire if he agrees, it is probably best to alternate time back and forth, each side, say, roughly one half-hour blocks of time, if that meets the approval -- mr. gregg: madam president, i would suggest we do that for the first two hours at least, until we see how this is evolving. so the first half-hour would go to the majority, then the second half-hour would go to the republican side, third half-hour to the majority -- mr. baucus: that would be my intention. the presiding officer: without objection. mr. baucus: madam president, this morning president oba

mr. chairman, let's go back to commissioner victor, -- commissioner baker's comments and the push to getto the content online. if you want to ensure both a robust broadband deployment and the protection of intellectual property and its content from those copyright industries, they are going to be essential and contrary to that growth. how are you going to go about that? i think we have to realize that our copyright industry has contracted nearly one-quarter of the real growth we had in our economy last year. you're talking about ease of access. how are you going to marry those two? we are all interested in it. we have a lot of innovators that have invested a lot of money in new platforms. how do you guarantee that? >> i could not be more firm in my conviction and that it is essential to be able to protect intellectual property on the internet. i've been clear but this is the first day i sworn in as chairman. i understand that it will been video -- it will be video that will be an important part of driving broadband error and one of the main ways a strong broadband policy will promote job

baker, all former democrats and republicans, supported. it's very similar to the bill republicans advocated in '93. and if you look at mr. frum's piece, former bush speech writer, he noted-- which is something some of the things i've said before and others-- that this is very similar to policies advocated back in the '90s by republicans. not individual policies, the basic approach, which is a free market, market-based system approach. >> lehrer: is it true that as some published reports have said that you advocated actually going a little bit slower, a little smaller for health care and not go for the whole nine yards as the president ended up doing, the democrats? >> yes, first of all. >> lehrer: you did advocate? >> i said that a job of the chief of staff is to provide the president with a sense of options and to weigh those equities. and it's his strength is that he wanted that, looked at that and it was one of the things that he said thin this is why i think it's so important to spend the political a capital to get that done. he didn't want a bunch of yes people. he asked for a constant debate about stuff and he said

mr. chairman, let's go back to commissioner victor, -- commissioner baker's comments and the push to get to the content online. if you want to ensure both a robust broadband deployment and the protection of intellectual property and its content from those copyright industries, they are going to be essential and contrary to that growth. how are you going to go about that? i think we have to realize that our copyright industry has contracted nearly one-quarter of the real growth we had in our economy last year. you're talking about ease of access. how are you going to marry those two? we are all interested in it. we have a lot of innovators that have invested a lot of money in new platforms. how do you guarantee that? >> i could not be more firm in my conviction and that it is essential to be able to protect intellectual property on the internet. i've been clear but this is the first day i sworn in as chairman. i understand that it will been video -- it will be video that will be an important part of driving broadband error and one of the main ways a strong broadband policy will promote jo

mr. president, i ask unanimous consent that the following staff be allowed floor privileges during consideration of the pending bill: randy osenberg, aslyn bakertany durrell, dustin stevens, greg sullivan, max updike and ashley zuelike. the presiding officer: oab. -- without objection. mr. baucus: i now call up my amendment and by number to be considered. the presiding officer: the clerkthe clerkwill report. the clerk: the senator from montana proposes amendment number 33 -- 3336. mr. baucus: mr. president, martimartin luther king, jr. sa, life's most urgent question is: what are you doing for others? mr. president, pretty much all of us came to the senate to work on that question and pretty much all of us came here to help other americans. and, mr. president, on a number of levels the legislation before us today is urgent legislation. the legislation before us today is urgent because it would prevent millions of americans from falling through the safety net. the legislation before us is urgent because it would extend vital safety-net programs that expired yesterday. the legislation before us is urgent because it would put cash in the hands of

bill: a disevment lin baker, mary baker, brittany dur religion, scott matthews, greg sullivan, maximilian updike and mina sharma. and i ask consent, mr. president, that jim kineely and roshat guthren, both detailees, be granted floor privileges throughout consideration of this bill. the presiding officer: without objection. mr. rockefeller: is it the order that the senator from texas will have the floor? if not -- the presiding officer: there is no order to that effect. mr. rockefeller: business as usual. the presiding officer: correct. mr. rockefeller: i yield proudly to the senator from texas. the presiding officer: the senator from texas. mrs. hutchison: thank you, mr. president. i want to thank the distinguished chairman of the committee, and i want to say, as the ranking member of the commerce committee, that i believe this f.a.a. reauthorization bill is a very good, solid bill. it is very bipartisan, and we have worked through many of the sticky issues that have held up the long-term extension of f.a.a. reauthorization, i think, in a bill that most everyone on this floor will support, if the bill stays as it has come out of the

mr. president, i ask unanimous consent that the following staff be allowed floor privileges during consideration of the pending bill, mary baker, ivy english, sam cone, scott matthews, pheta . the presiding officer: without objection. mr. baucus: i understand that we have two amendments that will be put on shortly, the thune amendment and the grassley amendment. let me say a few words about each. first, the grassley amendment. the grassley amendment essentially extends the formula under which doctors are wade -- reimbursed for medicare services by three more months. the underlying bill, the formula that's called sustainable growth rate, known as s.g.r., is extended for seven months. frankly, it's my preference, strange as this might sound, that it not be seven months, but three months. we negotiated out these provisions, it turned out that the extension is seven months. now, you might ask why do i favor three month extension rather than seven months? the main reason -- there are two reasons. the main reason, mr. president, is that i firmly expect health care reform to be passed within three months. and if the formula, the sust