mr. fleming. >> mr. chairman, i think i would just ask the organization to take into consideration unintended consequences such as these data collection requirements that may be in theory would be of interest and be helpful to the organization, however be burdensome to us small businesses who would have to comply with these new regulations to supply the data. >> i will give a rather different answer. i think if the two most important things the cfpb on that one, the senate should confirm a director. and number two, if you really want to start changing the scope of cfpb regulation, i would strongly urge subjecting auto dealers and realtors the cfpb regulation. there is not a very good principled argument for exempting them. >> thank you. mr. altmire, any -- thank you. i want to thank you all so much for taking the time for coming up to capitol hill and testifying today. on this very important matter. with that, the committee is adjourned. [inaudible conversations] [inaudible conversations] ;5b >> the

mr. fleming. those in favor say aye. those opposed, no. in the opinion of the chair, the noes have it. the amendment is not agreed to. for what purpose does the gentleman from kansas rise? >> mr. chairman, i have an amendment at the desk, number 39. the chair: the clerk will designate the amendment. the clerk: amendment number 39 printed in the congressional record, offered by mr. pompeo of kansas. the chair: the gentleman is recognized for five minutes. mr. pompeo: thank you, mr. chairman. let me say thank you to the committee chairman for running a great piece of legislation. i think this bill will go a long way toward creating a pro-growth economy. we've done a great deal of work to reduce spending on this bill and i stand here this afternoon hoping to help out even just a little bit more. the amendment i offer, i offered during h.r. 1, it passed, it passed with votes from both sides of the aisle. the senate failed to act on it, so i'm here again to offer this amendment one more time and i hope it will pass again with bipartisan support and we will once again move toward a smaller, m

mr. fleming. mr. fleming: please join me in the pledge. i pledge allegiance to the flag of the united states of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. the speaker: the chair will entertain up to five one-minute requests on each side. for what purpose does the gentleman from south carolina rise? mr. wilson: mr. speaker, i ask permission to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection. -- the speaker: without objection. mr. wilson: mr. speaker, this morning's announcement of the unemployment rate proves again the president's economic policies are failing american families. the unemployment rate has reached a tragic 9.2%. the out-of-control borrowing and spending in congress continues to kill small business creation. it's been one year since the president declared an end to the recession and the beginning of the summer of recovery. the only way to describe the country's job numbers during that time

mr. fleming, you mention compliance cost in your testimony. can you reiterate how much will it cost for your business to comply with the new data requirements? >> again, mr. chairman, i'm estimates that we may have to add at least a part-time clerk. it's such a small business and plat. that's really a significant investment for a position that doesn't add to the bottom line. i prefer to spend those funds on a mechanic or some equipment that adds to revenue to our customer. you know, we are constantly look for good qualified diesel technicians to fix our truck, keep them on the road, to help produce revenue. while again i said one part-time position seems small, that really would be better used in a revenue-generating type position rather than an administrative burden to comply with potentially new federal regulations. >> do you feel taken advantage of by the banks that you work with? if so, do you just switch banks or providers? >> we -- actually we did switch our banking relationship. i wouldn't say i felt taken advantage of. but just didn't f

mr. jordan: yield one minute to dr. fleming. the speaker pro tempore: the gentleman from louisiana. mr. fleming: thank you. mr. speaker, but for the president of the united states who serves today a a democrat-controlled congress over the last two years we wouldn't be here today debating this. $3.8 trillion added to our debt and continuing on that same glide path. mr. speaker, we're here today because people across america, businesses, cities, states, all have to balance their budgets. the only game in this country, the only entity that doesn't have to balance its budget is the federal government. and that's what's ruining our economy. so all we're asking for in this bill is simply to immediately cut $111 billion in fiscal 2012, begin capping our spending rates, bringing it down to what's traditional, 18%, and then finally passing a balanced budget amendment that will finally put the restraints on this body, on the president of the united states and certainly on the senate, finally so we will begin to do the people's work and we allow this economy to flourish once again. thank you, i yie

mr. fleming: i will. mr. moran: the gentleman is quite right. there are now 1.6 million barrels per day being drilled, but to date 67 until shallow -water well permits have been issued since the implementation of these new standards, and they're averaging six per month. the averpblg before the disaster had been eight, so they're catching up. just three of these permits are currently pending. eight this asked for more information. have not been denied. terms of deep water, 75 permits have been issued. there are 25 pending, 22 have been asked for additional information. and mostly that information is -- with regard to containment which is exactly what we instructed the bureau of ocean and energy management to do. can they assure us that they can contain any spill? so, you know, things are not quite as dire as you might believe. mr. fleming: reclaiming my time briefly, i would just suggest we're stilwell offpace. accountability is not being to be a factor. the chair: the time of the gentleman has expired. for what purpose does the gentleman from te

mr. fleming. >> mr.hairman, i think coaches have your organizations take into consideration unintended consequences such as data collection requirements than median. with the avengers and be helpful to the organization. however, the small businesses have to comply to new regulations to provide the data. >> mr. levitin. >> as you might suggest i'm going to give a rather different answer. the two most important things with the cpfb are number one they should confirm a directory number two if you want to change the scope of cpfb regulation, i would strongly urge auto dealers and realtors to see a cpfb. there's not a good argument for exempting men. >> thank you. mr. allgeier? >> thank you, panelists. i want to thank you for coming down and testifying on this important matter. with that, the committee is adjourned. [inaudible conversations] [inaudible conversations] >> that figure that is moving the veil of ignorance from human understanding is an american invention. that is not a classical statue, but it is

mr. fleming of louisiana. >> thank you, mr. chairman. i'm from the fourth district of louisiana, shreveport, ocean city, the sonia sotomayor parish. that is where the shale deepwater horizis. only three years ago, we had no idea what it was or would be in the future. it's had a tremendous impact on our economy. $11 billion so far. jobs. poor parishes that are now doing well economically. we see police departments, infrastructure, all of these things being improved. local government. high-paying jobs. and we're beginning to meet the country's needs in terms of natural gas. i can tell you that we have not seen any significant problems. and so it really is beyond me to wonder now with a 9.2% unemployment rate, with energy costs as high as it is ever bent, and the country in such a desperate economic situation and a technology that is 50-60 years old, and has been proven safe and the epa said was safe, why in the world would we be thinking about getting this type of technology which is so essential not just for gas but for the future of oil

mr. fleming, for five minutes. mr. fleming: thank you, madam speaker. madam speaker, i rise today to mourn the loss of two louisiana soldiers from fort pope who recently died in low gar -- logar province in afghanistan during operation enduring freedom. staff sergeant michael garcia and sergeant christopher sutherland made the ultimate sacrifice by giving their lives in service to this nation. . it was at this point that it's important decision involving the defense of our nation becomes most personal. instead of thinking in abstract terms like casualty, weapons, equipment, we are confronted with the reality that these are not just soldiers. they are in fact our friends, our neighbors, our sons, fathers, brothers. staff sergeant garcia and sergeant southerland represented the very best america has to offer. their contributions serves as an enduring reminder that the freedoms and liberties we hold so dear are afforded to us only by those who wear the uniform and loved ones who support them. let us pause today to remember the sacrifice these brave soldier

mr. fleming: mr. speaker, just moments ago, this body passed the cut, cap and balance bill. today, we stand at a crossroads that will define our nation's security for generations. republic canches, we have a plan that cuts the federal budget and caps federal spending and balances the federal budget with a constitutional amendment so we don't have this problem forever. democrats, well, there is no plan. no plan to bring this country back to financial sanity. on my colleagues on the left continue to criticize. all the time my colleagues on the democrat side have been attacking the republican plan, they could have come up with one of their own of the the president talks about his plan, yet he has yet to produce one. this shows a complete failure of leadership by president obama and congressional democrats. the american people speak loud and clear -- spoke loudly and clearly in the 2010 election, they want federal spending cut. it's that simple. let's follow through and not let the american people down. and i yield back. the speaker pro tempore: for what purpose does the gentlem

mr. fleming: mr. speaker, enough with the backroom dealing on the debt ceiling. the debate has continued for months behind closed doors in the smoke-filled room with nothing to show for the effort. as a congressman, why should i be forced to per use cable stations and blog sites for information on the discussions? and then be asked to vote for the deal when i have no input and no time to know even what's in it? let's pull back the shades and open the window. let's put the sunlight and fresh air on this discussion. should we cut spending? should we reform entitlements? should we have a balanced budget amendment? mr. speaker, let congress do its job and put the debate right here on the floor. let's do this in the people's house for everyone to see. this will be the way the people and their choice come to fruition. thank you and i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from maryland rise? >> mr. speaker, request permission to address the house for one minute. the speaker pro tempore

mr. fleming: cut, cap and balance. last week when our campaigner in chief held his news conference he asked for a plan. well, mr. president, cut, cap and balance is our plan. it's a plan that cuts federal spending immediately, puts in place enforceable spending caps and demands a balanced budget amendment to the constitution. this plan cuts total spending by $111 billion in 2012 and around 5ds.8 trillion over the next 10 years -- $5.8 trillion over the next 10 years while not increing taxes one single penny. we have too much debt because we spend too much, not because we haven't taxed you enough. mr. president, you asked for a plan and here it is. it's your turn to get serious and work with us to solve this problem. not against us. stop demagoguing this issue with cheap tactics, cheap scare tactics and politics because the american people are tired of it and deserve much better. thank you and i yield back. the speaker pro tempore: for what purpose does the gentlem from georgia rise? >> to address the house for one minut

mr. fleming: cut, cap and balance. last week when our campaigner in chief held his news conference he asked for a plan. well, mr. president, cut, cap and balance is our plan. it's a plan that cuts federal spending immediately, puts in place enforceable spending caps and demands a balanced budget amendment to the constitution. this plan cuts total spending by $111 billion in 2012 and around 5ds.8 trillion over the next 10 years -- $5.8 trillion over the next 10 years while not increasing taxes one single penny. we have too much debt because we spend too much, not because we haven't taxed you enough. mr. president, you asked for a plan and here it is. it's your turn to get serious and work with us to solve this problem. not against us. stop demagoguing this issue with cheap tactics, cheap scare tactics and politics because the american people are tired of it and deserve much better. thank you and i yield back. the speaker pro tempore: for what purpose does the gentleman from georgia rise? >> to address the house for one m

mr. fleming, i'm glad to see you with your tie. you look great. guest: i appreciate?- appreciate that. caller: eisenhower said to be aware of the military industrialize complex -- beware. i think it was ronald reagan that left beirut and went into grenada. no one ever understood that or has resolved that. my point is this, i noticed in book,' -- in your military versus civilian. one thing i have found that is missing is corporate america. who profits from all these wars ?f yo if you know, or if you don't want to speak on it, the corps of everything that happens when it comes to wars. [unintelligible] host: go-ahead. guest: i guess i am an optimist. maybe that makes me a cockeyed optimist. alln't want to believe that of my students and industries are being set up just so somebody can make a profit and get a larger mansion. i don't want to believe wars are started by a couple of men and women in a smoke-filled back room. they make decisions for, i don't want to believe that's true. i believe our representative democracy with all of this loss have a all of its losaws fun

mr. jordan: yield one minute to dr. fleming. the speaker pro tempore: the gentleman from louisiana. mr. fleming: thank you. mr. speaker, but for the president of the united states who serves today and a democrat-controlled congress over the last two years we wouldn't be here today debating this. $3.8 trillion added to our debt and continuing on that same glide path. mr. speaker, we're here today because people across america, businesses, cities, states, all have to balance their budgets. the only game in this country, the only entity that doesn't have to balance its budget is the federal government. and that's what's ruining our economy. so all we're asking for in this bill is simply to immediately cut $111 billion in fiscal 2012, begin capping our spending rates, bringing it down to what's traditional, 18%, and then finally passing a balanced budget amendment that will finally put the restraints on this body, on the president of the united states and certainly on the senate, finally so we will begin to do the people's work and we allow this economy to flourish once again. thank you, i y

mr. jordan: yield one minute to dr. fleming. the speaker pro tempore: the gentleman from louisiana. mr. fleming: thank you. mr. speaker, but for the president of the united states who serves today and a democrat-controlled congress over the last two years we wouldn't be here today debating this. $3.8 trillion added to our debt and continuing on that same glide path. mr. speaker, we're here today because people across america, businesses, cities, states, all have to balance their budgets. the only game in this country, the only entity that doesn't have to balance its budget is the federal government. and that's what's ruining our economy. so all we're asking for in this bill is simply to immediately cut $111 billion in fiscal 2012, begin capping our spending rates, bringing it down to what's traditional, 18%, and then finally passing a balanced budget amendment that will finally put the restraints on this body, on the president of the united states and certainly on the senate, finally so we will begin to do the people's work and we allow this economy to flourish once again. thank you, i y

in 1952, a reporter named ian fleming created one of the most memorable characters the world has ever seen. >> i admire your luck, mr> bond. james bond. >> only five other authors have been hand-picked to write "bond" novels. latest is by jeffrey deaver, called "carte blanche: a reimagining of bond as a young veteran of the war in afghanistan." "the washington post" calls it gory, manic and impeccably removed. jeffrey deaver joins me this morning, the author of an astounding 28 novels, best known for lincoln rime in "the bone collector." thank you for being with me. >> good to be here. >> this must be a tremendous honor, even for a guy who had written 27 previous books, a little bit of pressure. >> i can't tell you, first of all, how excited i was. i began reading the bond books when i was about 8 years old. yes, a little young, you may think. but remember, back in the 1950s, even thrillers of the sort that ian fleming wrote were, you know, they were kind of euphemistically written. most of the romance occurred off camera, the violence was rather subdued, and an 8-year-old boy could just enjoy the adventure story of