mr. clyburn? >> mr. chairman, with regard to the tax loophole, we have a far too complex system that is causing things to occur. the senate i know is working on that verit very hard. they are trying to reform our system and the senators have ideas now that we can make progress on that and i was supportive for sure. looking at your chart, mr. elmendorf on title 62, i think it helps explain why it's important that we can say at least to the growth in spending. we are not talking about long-term spending reductions, we are talking about it ahead of the growth in spending and you indicate on that charge but if we were to maintain the spending of the next ten years and otherwise is the case your chart shows that by 2038 you had a 7% more growth but if we were to maintain our -- not achieve a 4 trillion-dollar spending reduction, we would end up with minus 7%. that is a very dramatic difference. .. this with you, president of office management and budget, the federal reserve have missed the growth projections

mr. clyburn. >> not for so many years. out of the us come appropriations committee and we understand the obligations and responsibilities of that committee to the american people -- not to a party, not to democrats or republicans, but to the american people. billsss must act to spur to make it in america. there is no time to waste. only six days and two partial days left to do our work. i urged my colleagues as i know the leader has. we will not vote to adjourn until such time as we have addressed the critically important issues on our agenda. among those, the budget conference, unemployment taxrance, the farm bill, extenders and, yes, we ought to do a comprehensive image -- immigration reform and ending discrimination in the work place as well. our caucus is determined to stay and do the work of the american people and i thank the leader for allowing me to go first. i will rely on you to answer questions. >> thank you, mr. whipp, for joining us this morning. this is the last time we will see you before the thanksgiving br

mr. clyburn. >> thank you very much mr. chairman. mr. chairman yesterday "the wall street journal" ran a front-page story dealing with the widening job gap in our economy and you may recall mr. elmendorf but during the so-called supercommittee you and i had a little exchange about the impact of unemployment rates on our deficit. there was a stark correlation between the two. now, this report that we just saw, if we look at 30 years, the 30-year study that you reported to us that was released while we had those discussions in the so-called supercommittee it means that things have gotten even worse since then when it comes to unemployment rates and the impact that is having on our deficit. i really would be interested in how you view this study as well as a study by uc berkeley indicating that all of this increase in wages at the center of those increases went to the upper 1% and most of that to be 1%. i am really interested in, but i'm also interested in whether or not you will define spending as many others are beginning to define spendi

mr. clyburn. >> thank you very much, mr. chairman. mr.an, on yesterday the wall street journal ran a front page story dealing with the str widening job gap in our economy. and you may recall, mr. elmendorf, that during the so-called supercommittee you and i had a little exchange about the impact of unemployment rates on our deficit. and there was a stark correlation between the two. now, this report that we just saw on yesterday, if we looked at the 30 years, 30-year that you reported to us or that was released while we were having those discussions, the so-called supercommittee, it means that things have gotten even worse since then when it comes to unemployment rates and the imact that is having on our -- impact that is having on our deficit. and i really would be interested this how you view this study as well as there wasef a study, i think i uc berkeley, indicating that all of this, the increase in wages, that 90% of those increases went to the upper 1%,n and most of that to upper .1.nt now, i'm really, really interested in that, but

mr. clyburn. >> mr. israel. >> a lot of us come out of the appropriations commission -- committee and understand the responsibilities that committee to the american people, not to a party, not to democrats or republicans but to the american people. congress must act to spur job creation by ending uncertainty and passing american bills as well. there is no time to waste and only six days into partial days left to do our work. i have urged my colleagues as i know the leader has, we will not vote to adjourn until such time as we have addressed the critically important issues on our agenda. among those is the budget conference, the unemployment insurance, the farm bill, the sgr tax extenders and yes we have to do with comprehensive immigration reform and ending discrimination in the work pace as well. our caucus is determined that we will stay and do the work of the american people and i think the leader for allowing me to go first. i will rely on you to answer questions. >> thank you mr. webb for joining us

mr. clyburn, you had a uc request? >> yes. yes, mr. chairman. i would like unanimous consent to enter into the record "the wall street journal" article that i referenced in my comments. >> all right. without objection. >> thank you. >> [inaudible] >> good? did -- >> well, just very briefly, mr. chairman, i want to thank you and senator murray for allowing us to have this dialogue and also for saving probably tens of thousands of dollars in your own budget-cutting techniques by turning off the heat in this room today. [laughter] [inaudible conversations] >> all we have are these suits. very briefly, i think this has been a great hearing, and, mr. elmendorf, director elmendorf, i think, you know, what i take from what you're saying and the charts and so on is consistent with where i think there is kind of a growing consensus which is that the two of thirds of the budget that we don't appropriate every year which is on a to pilot -- autopilot is where we ought to be focused a lot of our attention even in this group. and what you said earlier was yo

mr. clyburn. are we ready? xavier becerra joined by nancy .elosi, steny hoyer we just completed a very good meeting. a very very good meeting. extremely well attended meeting discussing with the administration how we move forward to continue to improve our health security law. we were pleased to have several representatives from the administration further outline what the president announced to the american public earlier today on how we will move forward to make sure people can hold on to their insurance and people can continue to secure good quality health insurance through the marketplaces as well. the good news, there are some 500,000 americans today who will have health insurance that gives them access to doctors and hospitals, that helps them have the relief of knowing their children can go visit a physician when they get sick, which they did not have before the affordable care act became law. 500,000 people. among those, someone i would like to mention, andrew, who i hope i get to meet. i mention them al

mr. clyburn. >> the task of this committee is to an agreement budget. while it would've been prudent to have these negotiations last summer, i am pleased that we are now beginning these important discussions. we must address the automatic spending cuts that are hurting our economy and undercutting important priorities like education, medical research, and national security. but we must put our nation's fiscal house in order and reduce our debt to a manageable level. there are different ways to do this. some are better than others. on the graph you see on the screens, there are two lines. the red line tops the deficit over the past six years. the blue line charts the -- the red line chops the deficit over the past 65 years. the blue line charts the same years. when unemployment goes down, the deficit goes down. when unemployment goes up, the deficit goes up. the reasons for this are clear. when you don't have a job, you don't pay taxes. when you don't have income, you're not paying payroll taxes and you are more likely to need government assistance. unem

mr. cliburn. -- clyburn. >> we have a far too complex tax system, which is causing abuses to occur. they are trying to reform our system. senator baucus and senator hatch have solicited ideas. hopefully, we can make progress on that. i would support it for sure. looking at your chart on table explain why it is refraint that we can the growth in spending. we are not talking about long- term spending reductions. we are talking about restraining a growth in spending. thatndicate on that chart if we were to maintain or reduce spending over the next 10 years by $4 trillion that we would achieve greater growth than would otherwise be the case. byeed, your chart shows that 2038, we would have 7% more growth. if we were to maintain our present course and not achieve $4 trillion in spending reductions, we would end up with a minus 7%. that is a germanic difference. -- dramatic difference. reserve has missed the growth projections in the future. year.ht be closer this in the past, you have missed it quite significantly. a cover magazine had story on slow growth. a project for the next 20 year