mr. foster? >> that is the heart of it, sir. when your interest expenses are growing faster than your income, you're in trouble. >> mr. johnson? >> health care costs, mr. congressman. >> so that ooh's the cause -- that's the cause of the debt, but why it's not sustainable is eventually the interest on the debt becomes so large that you can't pay that payment, correct? >> right. >> okay. because i've done some calculations on that point, and i've looked at what is our -- if our present debt at $16 trillion just goes to 3%, what is the debt service payment on that for our interest costs? do you guys know that off the top of your head? well, it's $492 billion. let's say it goes to 6%. anybody know what that is? >> twice. >> that's $985 billion. do you know what that means? what are we presently paying on our debt service payment. any of you know that number? >> about $250 billion, i believe. >> yeah. if you take the difference, it goes up to 6%. you've got $765 billion of additional need for cash payments to service the debt. what d

you'll be all right with mrs. foster. you'll have a nice time. >> no, i won't! >> oh, you naughty child! you go straight up to your room. you'll watch no television tonight. >> i don't care! i hate you! >> you just wait until your parents come home. just wait until i tell them! [television playing] >> the cold light of dawn revealed a grim sight. in addition, it had brought with it a note of tragedy. the owner of the car had been discovered. his remains had been found beneath the debris of a gutted townhome >> well, there's nothg he to indicathow this happened. >> no! no! no! >> no! no! no! aah!

mr. chairman. >> thank you, dr. foster. professor johnson, you're recognized for five minutes. >> thank you very much, mr. chairman. i find it frightening and also hard to believe that we're having this conversation in general and you're having the hearing on this matter. among of the things i'm a former chief economist and i would remind you that the united states is not just the center of the world's economy our financial asset, our government debt serves a lynch pen. in 1948 and 1968 foreigners held as reserves about u.s. government debt about 2% of the g.d.p. their rainy day funds are now at least 15% of our g.d.p. these are assets they hold willingly. they hold them because this in the past has been regarded as the world's safest asset. you are calling this into question when you raise the issue of not increasing the debt ceiling. to the world -- to the world's investors it is unbelievable that you would have this conversation. can i show the first slide? i testified before this committee and i made these exact same poi

mr. jefferson's slaves after jefferson's death. his father, joseph foster, the chief blacksmith at monticello and his mother, edith, was mr. jefferson's coke. this was a very high status family. i had been spending a lot of time reading his memoirs and trying to glean as much information as i could from them and it was one hot afternoon that i decided to get out of this place and go to the mountain and wander around as i often did looking at the house and mingling with the tourists, trying to get a sense of the place all over again because place is very important to my writing. as it turned out, the tour guide was just beginning a talk about peter fawcett and she began telling the story about how he was sold at auction at age 11 and was sold to someone who promised peter's father that he would release him in a few years is joseph raised enough money because joseph was one of the few slaves, and jefferson's will and joseph worked very hard to raise the money to buy his son back from his master but the master broke the deal, broke his promise and peter was co

hospital admissions, uh, foster carreports, all the miscellaneous stuff we didn't get to. this cabinet, mrkids. yeah, i've got to get back. how do we find toya in all of this? "m" for miles. familiar territory? ( sighing ): yeah. you knew that food stamp drill pretty good. case number 4228. ellen rush, two dependents. ( phone ringing ) valens. mclean? you bringing him in? good. jeffries and vera just picked up rosie's dad at the shipyard. ( clears throat ) what do you got? "m" for miles. that's why rosie saw the bruises. that picture don't look like toya. it's not. it's rosie. oh, just diagramminghey mike. this accident are you up to? with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm. more mobile than ever.

mr. bill clinton, the former president. he was there to introduce steven spielberg's "lincoln" for best drama. >>> actress jodie foster was there to accept an award. she's never publicly addressed her sexuality in the past, she used her acceptance speech to reference it and talked about coming out to friends and families years ago and played a special tribute to her ex-partner and co-parent. >>> a lot of buzz surrounding ben affleck. he won best director for "argo" even though he was snubbed by not being nominated last week. "homeland" winning for best drama series and "girls" winning best comedy. local win for pixar. "brave" for best animated film. >>> christina loren is here to tell us about warm inside the party but cold outside. >> they hit the red carpet well. >> beverage help. >> cool to see "today" show folks out there doing the interviews. can't wait to catch up on the action. we'll have that at 7:00 a.m. this morning. cold conditions. 34 degrees in sonoma. 32 in novato. wind out there. and this morning wind is our friend. it's keeping that frost from settling in. keeping our temperatures more mild than they could be if

foster that environment and i will do everything i can to get them elected. yes, i will be involved in the upcoming election. >> after the -- after your adventure with mr.hatever you plan to do during the congressional cycle in 2014 #, or do you see -- how do you see being a force? >> the idea of keeping a low profile, and i didn't realize all the high reporters would show up at this breakfast. i thought it would be a handful. the notoriety is mixed emotions for me, but i believe i can be more of a help in ways that bring people together. my success did not come from tearing down other people. to succeed in business, be an encourager, a cheerleader, and when people fall down because they make a mistake, help them realize that's the steppingstone to the next success and failure's something that we need to embrace. one of my ax yums is perfectionism ab hores error, tries to eradicate it and destroy it. excellence embraces error and builds on it and transforms it. with an analyst making a bad call, i try to convince him to get out of his funk that he's now a better researcher than he was before the mistake. none of us grow as people with things go well, bu

foster and gorillas in the mist, and shirley mcclain. >> youngest winner? >> it was...ricky schroeder but it was not a competitive category. >> the best. ever. thank you mr.

mr. biden says the troops overseas that we remember them. the area around the washington monument there were opportunities for people that wanted to get involved. they could make cards for foster care children, create a mural, learn how to use recycled materials and more. here is what some of the participants said about the events. >> came all the way from las vegas for the inauguration and a day of service. >> i think it is important because we can take communities back to our community and communities can grow and prosper and pass on all the ideas that we have learned here. >> molly: also participating on the mall, chelsea clinton and delaware attorney general bo biden. >> gregg: thank you. >> heather: law enforcement is hard at work making sure that monday's inauguration goes off without a hitch. metropolitan police department teaming up with national guard members from all across the country to manage those crowds and all that traffic along the parade route. >> short period, 36 hours, 6,000 national guard will be welcome to d.c. at one of three reception locations. >> i've never been to an inauguration. it's really an honor to have the opportunity to come down. >> to make

mr. pitts: the preparedness re-authorization act of 013, introduce bird my colleague, mike rogers of michigan, would re-authorize programs designed to foster the development of chemical, biological, radioactive, and nuclear medical countermeasures and strengthen the nation's preparedness infrastructure. it re-authorizes programs for five years at the fiscal year 2012 appropriated level and does not create a new prom -- program or create authorizations for an existing program. congress originally enacted the program to re-authorize through the project bioshield act of 2004 and pandemic hazard preparedness act of 2006. project bioshold authorized funds to purchase countermeasures through the special reserve fund and enabled the secretary of human services to authorize the emergency use of medical products. it created the biodefense advanced research and development authority within h.r. -- h.h.s. to help with the development of medical countermeasures and ensure communications between h.h.s. and the developers of the medical countermeasures. the thrs -- re-authorizing these programs would help the nation respond to a cbrn attack and is essen

who can foster that environment and certainly will do everything i can to get them elected so, yes, i will be involved in the upcoming elections. >> and is it after the, after your adventure with mr. santorum, you talked about wanting to do, wanting to be active but in a way that was a little more, a little less traceable. you talked about wanting to do it through c4s. is that how you see doing whatever you plan to do during the congressional cycle in 2014, or do you see it -- how do you see being a force? >> well, no. the whole idea of keeping a low profile, i said how in the world did i get this? i didn't want realize all these reporters were going to show. i thought it'd be a handful or so. so, basically, the notoriety has kind of mixed emotions for me, but i do believe that i can be more of a help in ways that bring people together. my success did not come from tearing down other people. to succeed in business, you have to be an encourager, you have to be a cheerleader when people fall down because they made a mistake, you have to help them realize that that's the steppingstone to the next success, and failure is something that we need to embrace. one of my axioms is perfecti