it does not have to be what mr. bill is proposing, but ignoring the issue is not productive to either, so we are going to have that discussion, and all of you in one capacity or another will be involved, especially those of you who are on regional entities at this point. it is an overdue discussion, and we are committed to having it and being as constructive as we can so we can present a solution to the legislature. that is on that issue. the other thing i wanted to mention was there has been a flurry of activity at the federal level on the issue of the reauthorization of the six- year transportation act. and congressman mike, who is the chair of the house transportation infrastructure committee, is putting out full press court on the idea of a new bill, a new act, although we have not seen all the details. but let me tell you, i will reiterate my prediction that we are not going to have a surface transportation act approved by congress probably until after the presidential elections because the republican side of the ai

the first really big chains to really jump ship from being afraid to give the food away they could mr bill clinton pass the good samaritan after all when it's really close to the expiration dates we will freeze it which time locks the expiration date before we sell the yogurt and dairy and food if you guys didn't pick up that food and you didn't have that set up that food would most likely go into the yes and if we're not on time for a few hours late in the dumpster most families are given so much food by cases of produce that we tell them that we hope to give you so much food you have to go next to your neighbor that you don't talk to and give them some food god provides opened me up to the good some grocery stores are doing for trader joe's stores contribute every day as well as many albertson's which i learned as a leader in food waste reduction with its nationwide fresh rescue program a simple program that could easily be imitated by all grocery companies we also experienced firsthand how hard the work is without volunteers none of this food would be rescued in redistributed to people

bill: no. is he a positive force, mr. stein? >> yes, i think he is. >> bill: he is?> his stimulus program. >> bill: in what way? >> the stimulus program was too much and the money was not well spent but it's probably better than if he hadn't done it at all. did he not cause this recession. he did not cause the prolongation of the recession. is he not the one causing the enormously problematic issue of debt. that was set up for him teed up for him by george bush 43. yes, he has spent too much money. no doubt about that. why are you against tax raising on the rich? there is no harm. >> bill: you think is he a positive force for the economy because even though you admit he misspent the stimulus money. >> some of it. >> bill: the cause of the recession he is a -- see, look -- >> i don't see -- we will get to the rich in a minute. >> bill, i don't see what he could have done differently. >> bill: i will tell you, mr. stein but i first want to hear from mr. rogers. do you think, mr. rogers, that mr. obama is a positive force in the american economy at this moment? >> i thi

mr. president, in support of the bill. i said for months the only thing worse than not raising the debt limit would be raising the debt limit and not changing behavior. and in fact, i think that's what all the rating agencies that everybody's talking about now, whether they're going to, how they're going to rate our bond rating in the future, they've all said, and they said long before they talked about the debt limit, that we're spending more money than we can afford to spend as a federal government or as a society. we're spending $1 out of $4 that the society can produce, and that's about 25% more than we spent in 2008. it's 25% more than we spent on the average from the 40 years from 2008 going backwards four decades. that's important. and i think this bill does begin the process of changing behavior. the way we approach the debt limit this time was anything but, was everything but business as usual. this is a totally different discussion than we've had before about the debt limit, and the country has almost always had

mr bill and she was into the show thank you thank you very much for being with us well first of all he in russia as we just heard you worked in the best cartoon studio that's that we had at that time and maybe maybe the best still is so why did you decide to move and start working in the u.s. for economic reasons for for political reasons certainly not political ones. probably economical reasons at the time at ninety four i was out of a job for probably more than a year i was three i was already willing economically so when i got the invitation from the president of klaas kids. and definitely a ghurka whether of insisted. on having me over there so i gladly accepted his invitation and at that time it was just invitation to come over for a year probably two and to see if i like it or not and we'll go from there that was the decision and we went to los angeles and one year passed another one and i'm still there well. it makes make stuff which is pretty different from what you were making when you were working here in russia and they knew that so why do you think if you have an opinion on

insight on this i'm joined by financial writer peter bilbies live in berlin thank you very much indeed mr bill for joining us now i know that you indeed have speculated over the possibility that the e.u. may unite fiscal policy under a central financial authority in effect that's being proposed today but the thing is will it be enough to save the eurozone or is it not a quick fix. no it is not a quick fix but then your oh bombs which people have been saying would be a quick fix are also not quick because in order to issue euro bonds you would probably have to more or less rewrite the the treaties that bind all the members of the eurozone possibly even the main treaty of the treaty of rome or and its successors and that simply couldn't be done in the space of maybe less than a year or two and at the end of that maybe you could have then start issuing europe bombs the problem being with euro bonds in their present situation would be politically untenable certainly in germany and probably in france too because if you start guaranteeing for other people but have no control over their budget polici

states having run up these enormous debts that fear is going to remain and it's a valid fear that mr bill let's just just briefly i'd like to touch on the u.s. elections i mean president obama's key objective here is the twenty twelve elections he already has his eye on and how will the agreement influence his chances of reelection. well it doesn't make him look good if anybody has one if you like it is the tea party the republicans that have held the country and held the president to ransom to accept a deal that he absolutely didn't want to do now on the one hand that makes him look weak if on the other hand the result of this deal largely pressed upon the president by the republicans if that leads to a downturn in the u.s. economy if people start seeing that possibly that their welfare payments their social security. their health care payments to veterans indeed even payments to current serving the soldiers are in any sort of danger it's not clear who they will actually blame in the end it is quite possible that this sort of radical form of financial stringency which has been imposed wi

mr. speaker. there's no question this isn't a perfect bill. there are a lot of things we would have liked, deeper spending cuts, some entitlement reform in this. mr. cole: we would have preferred to mandate that this house and other body take up a balanced budget amendment and give the people and states an opportunity to render a decision on that. those things aren't in this bill. i know there's things that some of my friends on the other side wanted. higher taxes, no changes in entitlements, you know, they didn't get everything they wanted either. but this bill does adhere to the principles our speaker laid out at the beginning of the negotiations. first, most importantly, on both -- and both sides agree on this, it avoids default. it avoids the united states not paying its obligations for the first time in 230 years. secondly, it actually cuts spending and links those spending cuts to the raising of the debt ceiling. and there's more spending cuts than there are increased borrowing going forward. that's a good thing. third, no new taxes. that

mr. bill moyers. [applause] [applause] [applause] [applause] [applause] >> i didn't know there were this many lutherans left in st. paul. you must have bust him in from late. >> i'll endowed about these people and their lutheranness. [laughter] >> we'll see. we'll see. afterwards when we get to the pot luck and -- [laughter] [laughter] >> we'll see how much they partake. no this theater is crowded with your admirers and your disciples. i'm an admirer, but i'm not a disciple. just to get that clear. >> 12 is all i can manage. [laughter] [laughter] >> i never cared for joseph campbell, i never did. i've tried to read him a dozen time even before he was on tv with you. and it just didn't make any sense to me whatsoever. if we're going to get into the power of myth, you are going to be all by yourself over there. you can do that, you can do that later. and there have been guests that you've had in your conversations. i'm not going to mention names that i just thought they should have talked a lot less. yo

mr. bill is probably less appreciative. >> bill: "the o'reilly factor" is on. tonight. [shouting] is there insurrection going on in gland? is it because caused by the world why economy? >> what's going to happen? ♪ come on come on. >> bill: planned parenthood openly celebrating the federal government ordering insurance companies to pay for birth control. crowley and colmes on that? >> we could reduce our military spending by $250 billion a year. >> bill: charles krauthammer on barney frank and other uber liberals refusing to compromise on social justice spending but cut back on defense. >> bill: caution, you are about to enter the no spin zone. the factor begins right now. captions by closed captioning services >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. collateral damage from the economic chaos. that is the subject of this evening's talking points memo. life is hard, then you die. that's the pessimist view of the human condition. right now in america, perform is running pessimism is running wild because we are living in a complicated dangerous age,

mr. friedman? >> i do, bill. i think, you know, he's a fellow texan and so forth. i'm kind of in a lincoln and churchill spirit, i'm finding good in a former foe, you know, and there's a lot of good in rick perry. >> bill: tell me why. tell me what's good about him. >> well, there's one thing. he's a nuts and bolts guy with the economy. if you're going to give obama credit for killing bin laden, you got to give rick perry credit for doing pretty well with the texas economy. and obama has done for the economy what pantyhose did for foreplay. >> bill: so you believe that perry's main -- main campaign theme, that he's a good economic guy is true but texas does have a budget gap of between $15 and $27 billion. i mean, you know, they owe a lot of money. there's a lot of shortfall in texas. >> well, you know, part of it is that i would support charlie sheen over obama. but i think there's a dignity in rick perry and there's a -- i really think that his best days are ahead of him and, you know, it's hard to distinguish himself. >> bill: you think he's an honest guy? >> oh

usually at 8:00 eastern, 7:00 in oxford i turn to mr. bill for that. >> bill: "the o'reilly factor" is on. tonight. >> it's like having a patient with pneumonia and you are going it treat them with tylenol and a cough suppressant. >> we don't know the details but tonight surface it looks like a sandwich. >> it gives us the best shot we have had in the 20 years i have been here. >> bill: what does the so-called debt compromise mean to you? is it good for your life? we will have no spin analysis and lay out the good, the bad, and the ugly. >> there is two kinds of people, my friend. those with loaded guns and those who dig. >> you have a right wing group that simply does not accept the notion that there is a role for government. >> bill: many liberals are furious over the debt compromise. is that a self-destructive position. >> we shouldn't be talking about spending cuts at all now. >> president obama has the bully pulpit does he need to be more of a bully when dealing with congress? >> bill: how is the media treating the whole debt compromise

mr. president. then the bill comes due and they say to president obama, sorry, mr. president, we're not going to cooperate with you. they walked out on him. at least three times. we finally got a deal because some of us -- and i say harry reid, strong. vice president biden, strong. mitch mcconnell, strong. nancy pelosi, strong. the president made sure that at the end of the day we didn't default. but what a spectacle in the world. the world can't even believe this, mr. president, and i know your hard work to get what we call a big deal, a major deal, a $4 trillion deficit reduction that was fair. that asked the millionaires and the billionaires and the multinational corporations to do something. but no, that wasn't to be. and we wasted time. a lot of time. and what happened? we almost brought the country to its knees and thank god it didn't happen is all i can say. and i felt strongly if we hadn't gotten an agreement, the president would have had to invoke the 14th amendment in order to save our country from this hostage taking. so that was a made-up crisis, never h

mr. o'reilly. >> bill: what do you think 15 years on the air here, 13 as number one.ou are looking at -- what do you think? >> this is a man who makes a practice of self-educating outside of his professional responsibility. >> bill: read my book coming up is a good chance to plug it "killing lincoln" going to shock you in september. going to shock even you mr. rove. thanks for the analysis. we appreciate it next on the run down juan and mary katharine will weigh in on whether president obama is done. finished, out of here. bernie goldberg angry about some of the media coverage of the crisis. michele bachmann will be joining us from iowa back in a moment. [ man ] they said i couldn't win a fight. but i did. they said i couldn't fight above my weight class. but i did. they said i couldn't get elected to congress. but i did. ♪ smetimes when we touch ha ha! millions of hits! [ male announc ] flick, stack, and move between active apps seamlessly. only on the new hp touchpad with webos. >> bill: impact segment tonight. as we told you in the talking points memo if the presid

mr. reid: i ask unanimous consent the senate proceed to the following environments and public works bills en bloc: calendar number 72, calendar number 117. the presiding officer: without objection. mr. reid: it's my understanding that you have granted consent for me to move to those two numbered matters. the presiding officer: that is correct. mr. reid: i ask unanimous consent the bills be read a third time passed en bloc, the motion to reconsider be laid on the table en bloc, any relevant statements be printed in the record as if read. the presiding officer: without objection. mr. reid: i ask unanimous consent the judiciary committee be discharged from further consideration of s. res 104. the presiding officer: the clerk will report. the clerk: senate resolution 104 designating september 2011 as campus fire safety month. the presiding officer: is there objection to proceeding to the measure? without objection, the committee is discharged and the senate will proceed to the measure. mr. reid: i ask unanimous consent the resolution be agreed to, the preamble be agreed to, the motion to reco

. >> compared to jobs bill that mr. r and the republican majority has brought in because they ran last year saying, where's the jobs, let's look at their jobs bill and compare with the president. but the problem is, they never came with the jobs bill, not one, rory. >> they passed the bill. >> bob, nia and rory, thank you. tell michele bachmann to get rest, rory. thanks for a great weekend ending. we'll be right back. >>> texas governor trying to become president. it is deja vu all over again for a nation still recovering from george w. bush. as we told you, the two have more than a few things in common. but as ridiculous as perry can be, he has a long way to go before matching this -- >> as yesterday's positive report card shows, childrens do learn when standards are high. i got my ear plugs in. underestimate the compassion of our country. i think they misunderestimated the will and determination of the commander-in-chief too. >> i call upon all nations to do everything they can to stop these terrorists killers. thank y

mr. duffy: $14.5 trillion. it's about time this congress come together and figure out a way to live within our means. this bill is going to start that process, though it doesn't go far enough. with that i yield back. the speaker pro tempore: the gentleman from massachusetts. point of view gove mr. speaker, i yield one minute -- mr. mcgovern: mr. speaker, i yield one minute to the gentleman from pennsylvania, mr. fatah. the speaker pro tempore: the gentleman is recognized. mr. fatah: this is an inside job. i want to offer just in evidence that, you know, we had in the words of the treasury secretary for reagan and for bush, an admitans they were running up deficits and it was one way to starve the government. and then we had the republican party at the height of its power, the presidency, the house, the senate saying, no, we weren't going to have any tax increases even though we're running up these high deficits. we're going to cut taxes. we're going to hemorrhage trillions of dollars in revenue and we are going to go into two wars, we're going to put a $7 trillion prescription drug plan on the financial pile o

mr. reid: i ask that the senate proceed to a period of morning business. i asked that we proceed to s. 1466. the presiding officer: the clerk will report. the clerk: s. 14 66, a bill to establish the commission on freedom of information act processing delays. the presiding officer: without objection, the senate proceed to the measure. mr. reid: i ask unanimous consent that the bill be read a -- read three times, passed, the motion to reconsider be laid on the table, with no intervening action or debate, any statements relating to the matter appear in the record at the ppropriate place as if read. the presiding officer: without objection. mr. reid: i ask that the senate proceed to s.2715. the presiding officer:. the clerk: an act to provide the consumer products safety commission with greater authority and so forth and for other purposes. the presiding officer: without objection you the senate will proceed to the measure. mr. reid: i ask that the bill be read a third time, pad, the motion to reconsider be laid on the table, action any statements appear at the appropriate place in the record. officer sphe woks. reid rude i ask that the senate report number. mr. reid

mr. president, in support of the bill. i said for months the only thing worse than not raising the debt limit would be raising the debt limit and not changing behavior. and in fact, i think that's what all the rating agencies that everybody's talking about now, whether they're going to, how they're going to rate our bond rating in the future, they've all said, and they said long before they talked about the debt limit, that we're spending more money than we can afford to spend as a federal government or as a society. we're spending $1 out of $4 that the society can produce, and that's about 25% more than we spent in 2008. it's 25% more than we spent on the average from the 40 years from 2008 going backwards four decades. that's important. and i think this bill does begin the process of changing behavior. the way we approach the debt limit this time was anything but, was everything but business as usual. this is a totally different discussion than we've had before about the debt limit, and the country has almost always had

factors make a very difficult for the companies to compete and as we begin to look at shaping the bill mr. chairman i would hope we would take into consideration the testimony provided by the witnesses today and look at lowering rates brought into the base and putting american companies in the position the can compete better globally. this may be a tough question for you to answer and i throw it out there to anybody but i'd be interested in knowing from each of you if there is any target it tax benefit would be willing to give up if it were necessary to do so to lower the corporate tax rate to a level commensurate with the major competitors and move toward a territorial tax system that's the whole debate right now tax expenditures and tax preferences if we close the loopholes and have the necessity of closing the loopholes or some of those doing away with those targeted tax benefits i'm wondering if you have any observations about things you would be willing to give up. >> senator soon, we are willing to look at every benefit and believe they all should be on the table for discussion and

bill to our children and grandchildren. our crisis today is not the debt ceiling, it is our debt and it is a spending-driven debt. that is why we are here today, mr. speaker. i would like toe say this bill solves -- like to say this bill solves our problem. it doesn't. it is a doll i had first step. nobody, nobody on our side of the aisle wants to increase our debt ceiling. it's not in our d.n.a. but we do believe you ought to stay current on your bills and you got to quit spending money you don't have. and in this bill, although the sums are very, very small, when we pass this bill, if the president siningst into law, it -- signs it into law, it will be the first time in my lifetime that for two years in a row we have actually cut discretionary spending in washington, d.c., and made a very slight directional change in the right direction. the numbers are small, the directional change is huge, but more importantly, the seeds are planted in this bill and that is the balancebudget amendment to the constitution. the american people aren't looking for a balanced approach but for a balanced budget and for it to work, it needs to be in our cnstitution.

bills. that america -- mr. dreier: i yield my friend additional time if he'd like. mr. hoyer: i'd be glad to yield. mr. dreier: i thank my friend for yielding. i don't know if he hearder. i closed the rule debate by talking about the connecticut compromise which established a bicameral legislature july 16, 1787, in high closing remarks here, it was called the great compromise and my friend is absolutely right. we're at that point today in dealing with an issue not of that magnitude but clearly a very important one and i'm happy to yield my friend an additional 10 seconds. 15. mr. hoyer: one minute. i yielded to you. the speaker pro tempore: the gentleman from massachusetts' time has expired. mr. dreier: oh, i yield 45 seconds to my friend. mr. hoyer: ladies and gentlemen, i have said numerous times during the course of this debate about whher america was going to pay its bills, that we need to vote not as republicans or democrats but as americans. americans concerned about the fiscal posture of their country, concerned about the confidence that people around the world h

collect $50 billio 750 billion less, which is about a third of what savings was to occur in the bill. and mr. lindsey says second and third -- third and fourth quarters of this year also are going to be well below that. so maybe we're looking at in this year alone enough decline in g.d.p., unfortunately -- hopefully not -- that would wipe out half, maybe more, of the savings that were just passed. but i wanted to point out that i believe many in our congress, many in the senate are in denial about how serious the debt threat is that we are too often, as rogoff and reinhart said, saying the same things that other nations said before economic crisis hit. indeed, the name of their book, "this time it's different" refers to what governmental leaders said in those countries, those other countries that went into default, went into debt crisis up until the last minute. they were saying, "we've got it under control. it's not so bad. this time it's different. just because our numbers look like they did in some other country, it's different this time." and immediately out of the blue, a crisis, a loss

>> bill: that's not right. mr. at you just said is fallacious, that means it's wrong. >> it's not that lacious is not wrong. the point and purpose -- why are we in afghanistan? hunt down al qaeda and the terrorist network? >> bill: i will answer you. >> it wasn't for any other reason. no that's wrong. i will answer it. the reason we went to afghanistan was to deprive al qaeda of a sanctuary. we removed the taliban government when they wouldn't crack down on al qaeda. now, to get bin laden, that was another part of the operation. being? >> but it's a part of the operation, sir. but it doesn't -- that doesn't negate it. it doesn't take it away from the purpose of it when it is another part. >> bill: to the war. the war is, no. the legitimate part of it is to go find a criminal, right? not to aggressively -- no the legitimate part is to remove a government, which we did, which enabled a terrorist group to declare war on the united states. that's what happened. >> now, that, that, that thinking right there is what i hav

>> bill: that's not right. mr. what you just said is fallacious, that means it's wrong. >> it's not that lacious is not wrong. the point and purpose -- why are we in afghanistan? hunt down al qaeda and the terrorist network? >> bill: i will answer you. >> it wasn't for any other reason. no that's wrong. i will answer it. the reason we went to afghanistan was to deprive al qaeda of a sanctuary. we removed the taliban government when they wouldn't crack down on al qaeda. now, to get bin laden, that was another part of the operation. being? >> but it's a part of the operation, sir. but it doesn't -- that doesn't negate it. it doesn't take it away from the purpose of it when it is another part. >> bill: to the war. the war is, no. the legitimate part of it is to go find a criminal, right? not to aggressively -- no the legitimate part is to remove a government, which we did, which enabled a terrorist group to declare war on the united states. that's what happened. >> now, that, that, that thinking right there is what i h

bill of extension. well, see, that doesn't work, mr. president. you can't just say -- so easy to say, we'd like to have it pass. but it's much too late to do anything about it. there were no phone calls to any people. so the whole thing is really a sham. it's very painful. it's potentially very threatening to west virginia. and i, therefore, object. mrs. hutchison: mr. president? the presiding officer: the senator from texas. mrs. hutchison: mr. president, i have not wanted to pursue this issue because the debt ceiling issue has absorbed all of the air in the room and in the united states, as it should. it's a huge priority. but i have to set the record straight a little bit about how this came about. first of all, let me say, i agree with the house position. i would reverse the n.m.b. decision because i think it's wrong. however, what happened here is that after 20 extensions of the f.a.a. bill because of disagreements on several issues, the house decided to put this one -- well, actually, to be honest, the house didn't even bring up n.m.b., they

diana degette, congresswoman virginia foxx, clerk of the house karen haas, sergeant at arms bill livinggood, and mrs. lynn silversmith kline. i want to thank them for their service on the house page board and i thank the departing pages and you've seen a wonderful bit of history take place today. mr. bishop: reclaiming the time, mr. speaker, i ask unanimous consent to include the page summer class in the official record and ask this body to recognize the pages for the services they have rendered us this year. mr. speaker, i yield back. the speaker: without objection, the gentlelady from california, ms. pelosi, is recognized. ms. pelosi: thank you very much, mr. speaker. i too want to join our colleagues in recognizing the contribution of the pages to the conduct of the house of representatives. i thank them. and they have, as mr. kildee said, and others have mentioned, borne witness to many important historical occasions here. but i can't think of any that is more special and means so much to our country than to witness the return of our colleague who was the personification of courage, of sincerity

mr. duffy: $14.5 trillion. it's about time this congress come together and figure out a way to live within our means. this bill is going to start that process, though it doesn't go far enough. with that i yield back. the speaker pro tempore: the gentleman from massachusetts. point of viegove mr. speaker, i yield one minute -- mr. mcgovern: mr. speaker, i yield one minute to the gentleman from pennsylvania, mr. fatah. the speaker pro tempore:he gentleman is recognized. mr. fatah: this is an inside job. i want to offer just in evidence that, you know, we had in the words of the treasury secretary for reagan and for bush, an admitans they were running up deficits and it was one way to starve the government. and then we had the republican party at the height of its por, the presidency, the house, the senate saying, no, we weren't going to have any tax increases even though 're running up these high deficits. we're going to cut taxes. wee going to hemorrhage trillions of dollars in revenue and we are going to go into two wars, we're going to put a $7 trillion prescription drug plan on the financial pile of our debt

mr. obama signed the debt bill into law. >> tea party and republicans in the house are crazy. >> you are not dealing with people here. >> strapped explosive to the capitol. >> feparty guys are like dynamite. >> contentous coverage coming with main stream calling hostage taking terrorist. >> they don't have an ounce of originity. one person said terrorist and they jump on >> stock market takes a drop and causing concern and giving the media a chance to play the blame game. who caused the pain. >> and a reporter gets arrested for doing his job. >> when it comes to cameras and the cops. who calls the shots. >> a new spiderman makes the debut and spends a web of media controversy. >> judy miller and national editor rich lowery . jim with the american conservative mag wreen . host of the upon combs show. fox news watch is on right now. ♪ despite the bipartisan support for the deal, it is a deal no one want to take credit for. >> there was not much joy either in washington. the showdown over the debt ceiling has been averted but the fight over the national debt and deficit has only just begun.