mr. reed: mr. president? the presiding officer: the senator from rhode island. mr. reed: mr. president this amendment is based on legislation that senator blumenthal and i introduced in the last congress to close a major loophole in the current corporate tax law by putting an end to unlimited tax write-offs for performance-based executive pay. in 1993 congress limited the deduct act of executive -- deductibility of executive pay to $1 million with the exception for performance-based compensation. but over the last two decades corporations have made the exception the rule and the we've seen increasingly more pay designated as performance even in some cases where the company is not doing very well for the shareholders. it's been estimated that between 2007-2010, $121.5 billion of executive pay has been deducted and roughly 55% of that is being deemed executive performance-based compensation. business and shareholders should establish the pay of their officers and directors and employees but the taxpayers shouldn't be subsidizing excessive pay for corporations. i urge a "yes" vo

mr. reed: thank you mr. president. mr. president, i rise today -- before i begin my remarks could someone notify me when i've used five minutes of time? the presiding officer: the senator will be so notified. mr. reed: thank you very much, mr. president. mr. president, i rise today in opposition to the budget resolution offered by my colleagues on the other side of the aisle. this budget charts the wrong path for our nation. it doesn't spur economic growth or help the middle class because it doesn't p focus on creating high-quality jobs and boosting wages or reducing rising inequality and it fails to address the cuts the government investments that threaten our nation's economic and national security. instead this budget stacks the deck against middle class and stacks the deck in favor of special interests p by paving the way for huge tax give weas weas -- tax giveaways to powerful special interests and healthy americans. in order to balance the budget in ten years it relies on accounting gimmicks. it kicks millions off of

mr. reed: these coupled with cuts are necessary for military planning, create an urgent and growing strategic problem that we simply must address. indeed, in my view, it creates a problem for every federal agency and department and i think sequestration across the board must be ended. on january 28 this committee heard stark testimony from each of the service chiefs about the impact of reduced funding levels. all the services are working hard to maintain near-term readiness to meet the fight tonight requirement but only by assuming increased risks in the form of cuts and delays, and by curtailing quality of life programs. chief of staff general welch eloquently stated, when the bugle calls, we will win but the vulnerability sequestration introo deuces in our forces will encourage our adversaries, worry our ally limb the number of operations we can conduct and increase the risk to the men and women who fight america's next war. the services, the men and women in uniform are the backbone of our

mr. reed: thank you, mr. speaker. mr. speaker, i rise today to talk about an impending crisis that will come upon us in 2016. mr. speaker not too many people know or realize that our social security disability trust fund is going to be insolvent bankrupt, underfunded, whatever term you want to use by the middle of 2016. mr. speaker what that means is that our fellow americans approximately 11 million of them who receive social security disability checks are going to be looking at a 20% reduction in their benefit come the middle of 2016. if we do not step up to the plate and reform this critical program. now, mr. speaker, i serve on the ways and means committee here in washington, d.c. two years ago i questioned our treasury secretary from the white house and i said, mr. lew, where is the white house's proposal to deal with this issue? nothing in the budget from the white house. nothing in the treasury secretary's testimony addressed this canary in the coal mine that is coming down upon us in 2016. this year i asked the sa

mrs. marini reed for her service to the commission for many many years. also i gave the executive director report that the cda spoke with the representative of the advisory council to make sure that we and the commission were in synch with our communications around the guidelines that are taking place in our communications and i was very pleased to hear that we are and do very well. also mr. emmett nelson from muni came to share information about the free muni program and as he spoke with the council everyone was very excited and very pleased to hear that this will come into effect march 1. also deputy director mcspadden came and shared the information about the new hub program that's taking place and wanted the council to come to some of the group meetings and we were able to send representatives to those meetings. we had a report from our site visit committee and two sites were visited, the 30th center site and the cap street site and we got positive feedback on both of those sites. lastly, the education committee will be postponing our next class at th

mr. reed: thank you for your extraordinary service to the nation. you represented combatant commands that are most engaged in the fight against al qaeda and isis and threats that don't know geographic boundaries and require a regional and sometimes translational approach to effectively dealing with them. the rise of military capable isis threatens to a race boundaries between iraq and syria, and the areas under isis control provide a training ground for foreign fighters who threaten to spread violence upon returning to their homes in europe, asia, or the united states. in iraq, there is recognition of the need for factions to overcome their divisions. the iraq he minister has taken steps to begin addressing grievances, and he needs our support. one could argue that ultimately the issues in iraq have to have a political solution and that military efforts will buy time. in syria, addressing the root cause that helped lead to the rise of isis requires providing conditions for a political arrangement. the growing influence of shia-dominant militia in ir

now to mr. reed ribble. >> thank you, mr. chairman, mr. secretary, thank you for being here. my question is in relationship to the democratic republic of the congo. i know you've been involved related to exit permit suspensions. could you tell us what we could do here in the congress to facilitate the state department's work to help these families get their children home? >> and mr. brendan boyle of pennsylvania. >> thank you. i waited three hours here to ask this one question, because i was concerned that this issue might be overlooked with the plethora of issues that we have and that you have, secretary kerry, around the world. one of the great achievements of the last 20 years of american foreign policy was forging a peace agreement in northern ireland. we're now 15, 16 years on from the good friday agreement and tensions still remain. the house, the senate on a bipartisan basis appropriated $2.5 million for the international fund for ireland. but the state department is hesitating in releasing it. secretary kerry, would you please commit to me and to congress that these f

mr. wallin-reed with another detective at another spot. officers, ambulances, helicopters coming in.hat night. >> reporter: deputies led by sergeant peay met chad a few miles from the meadow, listened to his account of the chase. >> and they started shining the spotlight back at me. and the next thing you know there's all these muzzle flashes. >> do you think they were firing on you? >> yeah, they were firing back at me. >> reporter: but while sergeant peay was talking to chad, some of the other detectives were out here in the meadow looking for the weapon or weapons those young men must have fired at chad. they searched the car. they searched round the car. they looked all around the meadow. they found nothing. but then, it's a big meadow, and those are very deep and very dark woods, and some of those young men did run. they could have dumped a gun out there somewhere. >> but they didn't all run -- >> put your hands up! >> reporter: remember the one shot in the leg, the one who's hand they saw sticking up, who was found bleeding out in the meadow. he didn't bleed out. he survived. h

mr. reed's chief of staff at the time david krone. do you know him? >> yes, sir. >> and it appears there was elicitmente enlistment to try to keep your previous position in tact. he said good luck today. shout out if you need anything. spoke again last night with the white house and told them to back off title 2. went through once again the problems it creates for us. do you remember this e-mail? >> yes, sir. >> well it appears that -- and, you know, in defense of your trying to come one a certain position, that people were trying to back you. it looks like senator reed was backing you at that time right? or at least this is the indication we have. and he was trying to get the white house to back off pressuring you. is that correct? >> so i'm really grateful for this question. because there is i think a couple of things that are important to response to it. one is the president was clear he was for a strong open internet during his campaign. >> but before -- for his position you were against his position and you had allies trying to help you, includin

senator reed. >> thank you mr. chairman and thank you, gentlemen for your testimony, for your service. just quickly following up mr. secretary, you have been through afghanistan iraq and region and also been in communication with foreign leaders, your counterparts across the globe. are they aware of impending the budgetary train wreck in the united states? does this create anxiety and conclusion that we won't have the resources even if we have the resolve? >> well, in general they're polite enough not to raise this question but, when i have had conversations with foreign leaders, think it is distressing to me because they hear everything we say and they see everything we do and, they get a very clear picture of the dangers of sequester. they probably get an outsized picture of our lack of will. but, this isn't good for our friends. i'm only talking to our friends. so i can only imagine what our foes are thinking but they're probably thinking the same thing, what are these guys doing to themselves? and this is why i

mr. chairman, ranking member reed and all the members of the committee. thank you for inviting me to be here today with you and thank you for confirming me as secretary of defense. i'm honored by the trust and confidence of president obama in appointing me and the senate for confirming me. my care and respect for the men and women of the finest fighting force the world has ever known is as boundless as their skill and devotion. i know this committee shares the same devotion to them and shares responsibly for them and for the defense of our great country. i hope my tenure as secretary of defense will be marked by partnership with you on their behalf. i'm here to present the president's budget for the department of defense for fiscal year 2016. since i have been on the job for exactly two weeks, it is plain i did not have a role in shaping budget, but i studied it carefully. i'm fully prepared to answer your questions about it and to work with you to find common ground where you have concerns. most importantly, i strongly support the president in requesting

reed. >> thank you very much mr. chairman. let me join you in welcoming secretary mabus and greenert and general dunford to the committee this morning to testify and the plan programs of the department of the navy and the review of the 2016 annual budget request. let me also thank secretary mabus joining us for the ceremony for uss colorado. thank you, mr. secretary. i want to welcome general dunford to his first hearing and i want to thank the chairman for admiral greenert as he exits. thank you for your service to the navy and to the nation. our witnesses this morning face huge challenges as they strive to balance the need to support ongoing operations and sustain readiness with the need to modernize and keep the technological edge so critical to military success. these challenges have been made particularly difficult by the physical restraints of the budget control act and sequestration. all the military departments have been forced to make painful tradeoffs and now the threat of sequestration continues to loom. if congress

mr. carter: that is exacting right. senator reed: we are also in a position where our allies are not step into the play to fill out our gaps. mr. carter: amen to that, and you mentioned the europeans. our nato partners made a pledge to take steps that would, for most of them, involved an increase in defense spending and they really need to take that step as we cannot be the only one on our team with military potential in that theater, which is -- you and the chairman have mentioned with respect to ukraine -- which is a very dangerous one. senator: your enthusiasm to raise the defense budgets are probably affected by our lack of will to raise ours. is that correct? mr. carter: that well could be and yet another reason for us to get it together here. senator: you mentioned there are nine lines of operations against isil and defense has two, so the seven other lines are being funded outside dod budget. is that accurate? general dempsey: some of the lines result in our budget, but the general answer is yes. senator: so if we were to giv

reed? >> well, thank you, mr. chairman. let me first say that the chairman's questions regarding sequestration and your responses about the real and dramatic effects on the lives of the men and women who serve are, i think, another strong indication of the need for collective and bipartisan action to end sequestration. thank you, gentlemen, and thank you, mr. chairman. >> mr. secretary and admiral green ert, last year in the defense authorization bill, we in sect 1022, creating an extra c-based fund which was designed to help you from a department of defense level, to build or replace the ohio class submarine. can i just ask both of you how do you intend to use this fund? and in general, your plans for the replacement of the ohio. and mr. secretary, did you want to begin? >> well we very much appreciate the establishment of this fund. c and o and i have been talking for some time about when we begin to build the ohio replacement in 2021 if it's a pure navy build, it will devastate some part of the navy either our ship-build

reed. >> thank you, mr. chairman. we are operating at the request of the prime minister of iraq who is the democratic elected leader and will be required before food being gauged. is that correct? >> that is correct. your comments to senator mccain said just the mobilization forces and the shia militias have withdrawn initially were engaged in the fight that they pull back and now the operation is being conducted by iraqi regular forces. >> special operations forces and the federal police. yes, sir. >> it appeared a couple days ago in fact that this fight would go succeed, simply with the mobilization forces, shia militias which have added a significant art of rhetorical claim to the militias and the iranians. now it appears they cannot effectively clear the city without supporting united states nrr power. >> that is correct sir. if i could make a point to highlight why it failed. it is the way these forces went about trying to do that. discourse is obviously were not controlled by the government of the rat they didn'

mr. your time. let's go to "the roundtable." bill kristol fa reed jennifer granholm, and math withdrew dowd.eed, let me begin with you. we're fighting on the same side as iran against we're trying to get nuclear restrictions with them in switzerland. >> in some places, you have a greater enemy like isis, should not be surprising. the entire middle east has become fragile and unstable. every regime has cracked. beneath the regime there was nothing. there was no country. that people have withdrawn to their oldest identities. nobody is fighting and dig for iraq, syria, libya. they're fighting and dying because they're shia kurds. >> this deal with iran could be a game-changer. could transform the middle east. do you buy that? >> i think it certainly would help. what is the alternative? the alternative to the deal is either a major escalation militarily. it would not be like the iraq strike. it would take weeks and weeks of bombing. the iranians would respond in all the countries they're active. or you have a situation, no deal, have sanctions. but the iranians went from 150 centrifuges to 20,00

senator reed: thank you very much. finally, mr. secretary, the director of operations has raised some concerns about the survivability. also, the ones that have been modified. have you specifically established survivability requirements for the modified -- are those requirements much different than the initial requirements? general dunford: the small capability, we did look at that. things like hardening the area around the magazine, various combat systems cnl it has been pointed out that the best way to survive is to not get hit. we have upped capability's of the ship. it is a very fast ship to keep that. it is important to keep in mind that this is a small service combatant. the new upgraded ones -- they are not destroyers or cruisers. have a different role to play. the survivability of a small surface combatant, particularly with upgrades, meets our fleet requirements. it meets requirements we have set. senator reed: thank you. senator inhofe: thank you. about one year ago, they would like adding 400 or so in the 2015 budget. i

mr. netanyahu went to washington washington. russia reeled from the murder of an opposition leader. the question is reed raisedaised are american and iran working together in iraq. should they? we have a terrific panel to talk about it all. >>> then a country that is collapsing and in response lashing out at dick cheney. it's very close to home. also in my continuing quest to remind you about the good "news of the world" out there, two special guests. swedish professor hans rosling will dazzle you with charts that will show you a very different world than you've been led to believe you live in. one of bill clinton's favorite experts will tell you about the amazing technological advances that are changing the world for the better. >>> but first here is my take. israeli prime minister benjamin netanyahu's speech to the united states congress was eloquent moving and intelligence in identifying the problems with the potential nuclear deal with iran. but when describing the alternative to it he entered never never land painting a scenario utterly divorced from reality. congress joined him on his fantasy ride

mr. for we are alive and the lord and if we die reed died in the lord said if we live or die we are the board'sition. but now to die in the board for they shall rest on their labors. >> don behalf of the washington cathedral it is my profound privilege to welcome you to this service this morning has gathered to reserve for is celebrate life that is extraordinarily well lived. the national cathedral seeks to be a spiritual home it seems fitting and proper that we would gather this morning to remember this great man, of this extraordinary public figure for his life and his legacy on behalf very grateful nation. lift every voice and sing. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> the lord me with you. let us pray. guide great and principled principled, this state of our brother edward freethinking forgiving him to us. his family and friends to know and love him with his complete pilgrimage with your boundless compassion to console and to mourn a given space to see the gift of eternal life with a quiet confidence we may continue our course on earth and tell by your call we're reunited with those who hav

mr. netanyahu went to washington washington. russia reeled from the murder of an opposition leader. the question is reedrican and iran working together in iraq. should they? we have a terrific panel to talk about it all.

mr. fennell. >> i'm optimistic. the evidence is there, it is just -- if the courts are willing to acknowledge this, you know what i'm saying? i really, i'm optimistic, i have faith. >> rodney reed scheduled to die today by lethal injection. the innocence project says that reed did not commit the crime he was convicted of and they have the evidence to prove it. a texas court must decide if that evidence is powerful enough to reopen the case and keep him from being put to death by the state of texas. >>> when rodney reed was convicted, he was represented at trial by state appointed lawyers who had just months to prepare his case. now he is being represented by the innocence project. one of the biggest organizations helping people who they believe have been falsely convicted. joining me now is barry scheck. great to have you here. there was a stay granded last -- granted last week, i guess it was. how rare is a stay like that granted by the texas court. >> you have to have a lot of good evidence and the timeline evidence, the forensic evidence, not just the rigor mortis. she was no longer stiff, and there was purge coming out of her mouth. these are very esteemed medical examiners

mr. fennell. >> i'm optimistic. the evidence is there, it is just -- if the courts are willing to acknowledge this you know what i'm saying? i really, i'm optimistic i have faith. >> rodney reedto die today by lethal injection. the innocence project says that reed did not commit the crime he was convicted of and they have the evidence to prove it. a texas court must decide if that evidence is powerful enough to reopen the case and keep him from being put to death by the state of texas. i don't miss the other stuff. meta health bars help promote heart health. experience the meta effect with our multi-health wellness line. ♪ ♪ [bell rings] you're not mr. craig. yeah, i'm confused where's mr. craig? well, i'm sorta mr. craig. we're both between 35 and 45 years old. we both like to save money on car insurance. and we're both really good at teaching people a lesson. um, let's go. cool. sit down! alright. sorta you, isn't you. only esurance has coveragemyway. it helps make sure you only pay for what's right for you not someone sorta like you. i think i blacked out from fear... did we ask him where mr. craig was? we did. esurance. backed by allstate. click or call. the world is fill

mr. kudlow they should buy that book. i can only say that the war berg, dylan reed was owned by ubs so well after that kennedy administeringbummer. >> up next hedge fund manager stan druckenmiller. but first sue herera with a news update. >> president obama will not be watching israeli prime minister benjamin netanyahu's speech to congress tomorrow. that's according to the white house press secretary josh earnest. the controversial speech was arranged without white house approval. >>> the nfl's salary cap is going up $10 million to $143.28 million for the 2015 season. that's the second straight season the cap has gone up by at least that amount. the nfl's season begins march 10th when free agency begins. >>> something else for bostonians to be steamed about. the city is starting to remove orange cones, milk crates and other stuff that residents put out in the street to reserve their parking spaces they've dug out. mayor marty walsh declared an end to the long standing practice at least until the next major storm. >>> a young man in india has entered the givesness book of records. he solved five rubik's cubes in one minute

mr. fennell. >> i'm optimistic. i mean the evidence is there, it's just if the courts are willing to acknowledge this. you know what i'm saying? i really -- i'm optimistic, i have faith. >> rodney reedas scheduled to die today by lethal injection. the innocence project says that reed did not commit the crime he was convicted of and they have the evidence to prove it. a texas court must decide if that evidence is powerful enough to reopen the case and keep him from being put to death by the state of texas. rcent or more on car insurance. everybody knows that. well, did you know words really can hurt you? what...? jesse don't go! jesse...no! i'm sorry daisy, but i'm a loner. and a loner gotta be alone. heee yawww! geico. fifteen minutes could save you fifteen percent or more. jesse? so when my husband started getting better dental checkups than me i decided to go pro... with crest pro-health advanced. my mouth is getting healthier. my teeth are getting stronger. this crest toothpaste is superior in five areas. great checkup. ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world to actively uncover, discuss and debate investment oppor