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Oct 7, 2013
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mr. isakson: mr. president, i want to thank the senator from illinois and the distinguished majority whip for bringing up chaplain barry black's name in the article that appeared in "the new york times." i know that senator durbin and i do a lot of things together. one of them is every wednesday morning or just about every wednesday morning, we attend the senate prayer breakfast. replete through all of barry's prayers is one word, and that's humility. i think that article in "the new york times," the message and prayers in the last seven or eight days in the senate and the message to all of us right now is we need to grasp a little humility and find common ground among consternation and move this nation forward. i want to make my suggestion for what it's worth and i want to make my suggestion along with senator collins from maine who last week made her proposal. if we can't find common ground in the arguments we have today, let's try for new proposals that give us a chance to solve our problem. susan
mr. isakson: mr. president, i want to thank the senator from illinois and the distinguished majority whip for bringing up chaplain barry black's name in the article that appeared in "the new york times." i know that senator durbin and i do a lot of things together. one of them is every wednesday morning or just about every wednesday morning, we attend the senate prayer breakfast. replete through all of barry's prayers is one word, and that's humility. i think that article in "the...
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Oct 10, 2013
10/13
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mr. isakson: mr.president? i ask to be recognized for up to eight minutes. the presiding officer: without objection. mr. isakson: mr. president, on august 6 of this year, the six federal regulators of the banking industry, reported out on their charge to promulgate a rule by dodd-frank on the q.r.m. rule, the qualified residential mortgage rule. it was something that we put into the dodd-frank regulation to provide for a parameter for those loans to be prevented from the risk preengsz if they met -- preengsz if they met a -- prevention ifs they met a certain -- preventions if they met to a certain standard. we're just now getting to the promulgation to the rule. but i'm happy to say i rise on the floor of the senate to memorialize my support for a job well done. the qualified mortgage residential rule which is being circulated now until october 28 is the right answer for the requirement of dodd-frank and for the american housing industry o. for the education of the senate and the public at large, the
mr. isakson: mr.president? i ask to be recognized for up to eight minutes. the presiding officer: without objection. mr. isakson: mr. president, on august 6 of this year, the six federal regulators of the banking industry, reported out on their charge to promulgate a rule by dodd-frank on the q.r.m. rule, the qualified residential mortgage rule. it was something that we put into the dodd-frank regulation to provide for a parameter for those loans to be prevented from the risk preengsz if they...
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Oct 2, 2013
10/13
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mr. isakson: mr. president, i'd like to ask unanimous consent that immediately following my remarks that the senator from vermont, senator sanders, be recognized. the presiding officer: without objection. mr. isakson: mr. president, i rise today not to talk about obamacare, not to talk about a shutdown, not to talk about the debate we've been going through the last couple days, but rather i rise to talk about a man by the name of chris carr who is my chief of staff and has been my chief of staff since i've been in the united states senate. chris will be leaving my office on november 1 to become the commissioner of economic development in the state of georgia, a tremendous opportunity for him and for my state. while it's a loss for me personally, it is a continuation of economic development in my state where my fingerprint still lies because he will be replacing my former state commissioner, chris komin is sky, which means i'll still have that fingerprint there. chris is a very special person and deser
mr. isakson: mr. president, i'd like to ask unanimous consent that immediately following my remarks that the senator from vermont, senator sanders, be recognized. the presiding officer: without objection. mr. isakson: mr. president, i rise today not to talk about obamacare, not to talk about a shutdown, not to talk about the debate we've been going through the last couple days, but rather i rise to talk about a man by the name of chris carr who is my chief of staff and has been my chief of...
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Oct 10, 2013
10/13
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mr. chairman. >> thank the senator. senator isakson. >> senator brown. >> thank you, mr. chairman. i'll be brief with my question. thank you for joining us. i heard a lot from the debt limit and deniers about october 17 is not really the day we default. we hear from the debt ceiling deniers that they are sure that even if we get there nothing will happen since we can't pay china and wall street for first it but the fact of the matter on that day, you know well the day we run out of borrowing capacity as a thursday which happens to be the day that threshold is weekly auctions to roll over $100 billion in debt. come into force if you would look at happen if we brought not raise the debt limit, what could happen if our borrowing costs, would they substantiate increased? what would happen if he did increase on thursday? what would happen if we were unable to roll over the $100 billion in debt? >> i'm not going to comment on what markets might do. i think the history is clear that anxiety leading up to 2011 caused a bad market reaction. we have seen in the last few days and he's certain
mr. chairman. >> thank the senator. senator isakson. >> senator brown. >> thank you, mr. chairman. i'll be brief with my question. thank you for joining us. i heard a lot from the debt limit and deniers about october 17 is not really the day we default. we hear from the debt ceiling deniers that they are sure that even if we get there nothing will happen since we can't pay china and wall street for first it but the fact of the matter on that day, you know well the day we run...
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Oct 10, 2013
10/13
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mr. chairman. >> thank you santa. senator isakson. he's gone. senator brown. >> sector, thank you for joining us. heard a lot from the debt limit deniers about october 17 is not really the day we default. we hear from the debt limit deniers that their shirt nothing will happen since we can pay china and wall street first. but the fact of the matter is on that day, october 17 as you know well the day we run out of borrowing is a thursday which happens to be the day that treasury holds its weekly auctions, rolls over debt. comment for us if you could what would happen if we brought not raise the debt limit, what could happen if our borrowing costs, with a substantially increased? what would happen if they did increase on thursday? would happen if we're unable to roll over the $100 billion in debt? >> senator, on not going to comment on what markets might do. i think the history is clear that anxiety leading up to 2011 cost of that market reaction. we've seen in the last few days and he is asserting with maturities in the period between october 17
mr. chairman. >> thank you santa. senator isakson. he's gone. senator brown. >> sector, thank you for joining us. heard a lot from the debt limit deniers about october 17 is not really the day we default. we hear from the debt limit deniers that their shirt nothing will happen since we can pay china and wall street first. but the fact of the matter is on that day, october 17 as you know well the day we run out of borrowing is a thursday which happens to be the day that treasury...
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Oct 25, 2013
10/13
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mr. udall of colorado who went along. two democrats not up for re-election. liberal connecticut senator richard blumenthal and moderate senator, joe manchin want new legislation. sponsored with john any isakson of georgia to delay the individual mandate a year. >> you look at the 11 days of the shutdown, and compare that to how many days we're going to be watching these critical obamacare rollout stories. something tells me the critical stories about obamacare rollout will last a lot longer than 17 days. >> reporter: in fact we've already been told by computer experts this thing could go on for months as they try to rejigger the actual sign-up and enrollment. sabato hurt republicans and helped democrats politically. gop needs to pick up six seats in the senate, in a second year presidency that is historically get progressively worse of party in power in the white house and obama white house is seeing a preview what will happen next year. patti ann? jenna: carl, thanks. jon: monica crowley, good to see you. it was a bludgeoning on capitol hill on the first congressional hearing for obamacare. conspicuously absent, kathleen sebelius. by the way, members of congress and congressional committees
mr. udall of colorado who went along. two democrats not up for re-election. liberal connecticut senator richard blumenthal and moderate senator, joe manchin want new legislation. sponsored with john any isakson of georgia to delay the individual mandate a year. >> you look at the 11 days of the shutdown, and compare that to how many days we're going to be watching these critical obamacare rollout stories. something tells me the critical stories about obamacare rollout will last a lot...