mr. ryan, mr. ryan. mr. ryan votes aye. mr. plats votes aye. mr. rupersberger votes no. mr. ridgel votes aye. mr. johnson votes no. mr. gibson votes no. miss sutton votes aye. mrs. hartzler votes aye. miss han a boo is a votes aye. dr. heck votes aye. miss hokele votes aye. mr. schilling votes aye. miss speier votes no. mr. runnion votes aye. mr. scott votes aye. mr. griffin votes aye. mr. po la zo votes aye. mr. west votes no. mrs. roby votes aye. mr. brooks votes no. mr. young votes no. >> mr. bartlett. >> i would like to change my street aye. >> mr. bartlett would like to change his vote to aye. >> mr. bartlett votes aye. >> clerk will report the tally. >> mr. chairman, i'll change my vote to aye. >> mr. mcintyre would like to change his vote to aye. >> mr. mcintyre votes aye. >> any one else wish to change their vote or be recorded? clerk will report the tally. >> mr. chairman, 44 aye votes, 18 no votes. >> the amendment is agreed to. the committee postponed further proceedings on the amendment offered by mr. conaway, number 36 rl-1. this would limit the availability of

mr. ryan? mr. ryan votes aye. mr. mlatts votes no. mr. ruppersberger votes aye. mr. regell votes aye. mr. johnson votes aye. mr. gibson votes ayee. ms. sutton votes aye. mrs. hartzler votes no. ms. ahanabusa votes aye. dr. heck votes no. ms. hochul votes aye. mr. schilling votes no. ms. speier votes

mr. ryan: mr. speaker, pursuant to house resolution 648, i call up the bill h.r. 5652, the sequester replacement reconciliation act of 2012, to provide for reconciliation pursuant to section 201 of the concurrent resolution on the budget for fiscal year 2013, and i ask for its immediate consideration in the house. the speaker pro tempore: the clerk will report the tight of the bill. the clerk: union calendar number 330, h.r. 5652, a bill to provide for reconciliation pursuant to section 201 of the concurrent resolution on the budget for fiscal year 2013. the speaker pro tempore: pursuant to house resolution 648 , an amendment in the nature of a substitute consisting of the text of rules committee print 112-21, shall be considered as adopted and the bill as amended shall be construed as read. the gentleman from wisconsin, mr. ryan, and the gentleman from maryland, mr. van hollen, will each control one hour. the chair recognizes the gentleman from wisconsin. mr. ryan: mr. speaker, i ask unanimous con

mr. ryan: mr. speaker, i yield myself one minute to just address a few of these. if you're eligible for food stamps today, you'll be eligible for food stamps tomorrow under this bill. we're simply saying, you have to be eligible for this benefit to actually get the benefit. the slush fund which is called the preventative services fund, it doesn't fund cervical and breast cancer research. it funded things such as the pike county, north carolina, funds for signage to promote recreational destinations including public parks, bike lanes and more. the city of boston got a $1 million grant for urban gardening. the new york department of health used a $3 million taxpayer-funded grant from this fund to lobby for a soda tax initiative. the cascade bicycle club education foundation received $3 million to use tpayer dollar 20's to quote, im-- dollars to, quote, improve the walng and biking environment. this is where the tax dollars are going. the child tax credit. one investigation in indiana said, illegal im

mr. ryan votes no. mr. platts votes no. mr. ruppersberger votes no. mr. riggell votes aye. mr. johnson votes no. mr. gibson votes no. ms. sutton votes no. mrs. hartzler votes aye. ms. hanabusa votes no. dr. heck votes aye. ms. hocl votes no. mr. schilling votes no. ms. speier votes no. mr. runyan votes no. mr. scott votes no. mr. griffin votes aye. mr. palazzo votes aye. mr. west votes aye. mrs. roby votes aye. mr. brooks votes aye. mr. young votes aye. mr. jones. mr. jones? >> how is mr. shuster recorded? >> mr. shuster is recorded as aye. mr. shuster votes no. >> clerk will record the tally. >> mr. chairman, the nos are 36, the ayes are 25. >>> and the amendment is not agreed to. >> if there are no further amendments, the chair recognizes the gentleman from texas, mr. thornberry for the purpose of adopting a motion. >> i look to adopt the full committee provisions as amended. >> the question is on the motion from the gentleman from texas. if you're in favor, say aye. those opposed no. >> no. the quorum being present, the ayes have it and the motion is agreed to. the chair now

so even if you agree with the cuts and the suggestions mr. ryanas made, why is it more broadly that that's always done on the backs of poor people, so corporate welfare never gets addressed. we bail out wall street and they're sitting on a trillion dollars they won't put back in the economy. you've had this debate a thousand times and i won't waste your time going through this. why always is it the poor people making the sacrifice? >> i don't think the poor people should make the sacrifice and i wasn't for some of the things you cite. i think there are obscene things done in this country in the name of encouraging the profit motive. but i do have experience with government programs and i can tell you that always spending isn't necessarily the right thing or the most helpful thing to do. i can tell you about the education programs because that's where i lived and worked. we spent probably $2 trillion in title 1 which is the single biggest educational program, or it was. i don't think the research suggests it's done much good. i don't think we've do

mr. ryan, ms. wasserman schultz, ms. moore, ms. caster, mr. schuler,ms. bonamici, mr. chairman -- on that vote, the ayes are 11, the no's are 22. >> i believe we are down to one more amendment. >> thank you very much. i'm trying to speed it up. an amendment offered by ms. mccollum, eliminate the medicare sequester paid for with reductions in the oil fees. is recognized for five minutes. >> president obama son of the budget control act which was not ideal but it shared the burden of production. defense spending took its share of cuts. unfortunately, the version we marked up to that changes the rules of sequestration. it chooses panettiere hardware over america's seniors. the pentagon tribes over poverty programs. the choice was wrong. what i am doing here with this amendment will protect access to vital health care services for seniors and people with disabilities. it will insure that physicians, nurses, home health care aides, hospitals, clinics, and many other health-care professionals will b

mr. ryan. mr. ryan, aye. mrs. wasserman schultz, aye. mrs. moore. mr. shuler. mr. shuler, aye. mrs. bass. mrs. bass, aye. mrs. bonamici, aye. mr. chairman. >> no. >> mr. chairman, no. >> sorry. almost got me. almost got me. >> he's coming? hold the roll. campbell. give me a report. >> 13-18. mr. campbell, no. mr. chairman, on the vote, the ayes are 13, nos are 18. >> few more moments, mr. aiken, i believe you have a -- >> yes, thank you. mr. chairman, i asked for unanimous consent that the record report that i was detained for medical reasons and had i been present, i would have voted in favor of sequester act of 2012 and against the motion offered by representative castor. >> without objection. if no one seeks recognition, that will complete recommendation. we will now adjourn. we now turn to mark up the sequester replacement act of 2012 to ensure we have flexibility, i ask consent that the chair be asked to declare recess at any time. we'll call this up. do a technical amendment. then we will recess because we have two votes coming up, then -- three votes coming up. then we'll com

>> mr. ryan, can we let -- mr. ryan, go ahead and respond to that, sir?ter from michael which i don't think is useful. most of what he says does not water at all. i think the discussion about volcker is probably irrelevant. the most important thing is this was a mistake. we're not talking about customer money. we're not talking about government money. we're talking about jpmorgan's money and the impact on its shareholders. they've made a mistake. they've been very transparent about it and we don't need regulations to change the way banks do work in the united states. >> do you think the fed was surprised by what happened today? michael said they were but i don't know why they would be. >> i have no idea how michael has all of these sources. >> they were surprised because these are nontransparent secret transactions and they will become transparent if dodd-frank goes into effect. >> wow, we have nasty words. >> well, i was accused of a filibuster. >> we have breaking news. you've gotten to talk a lot, sir. thank you, mr. ryan. >> okay. julia -- julia has b

honda mr. ryan mr. ryan aye. miss wasserman schultz? aye. >> miss more. miss caster aye. mr. shuler? mr. shuler aye. miss bass? miss bas aye? miss bonamici, aye. mr. chairman? no. mr. chairman, no. mr. chairman, on that vote, the ayes are 13, the nos are 21. >> the nos have it. the motions not greed to. are there any other motions? >> i would offer motion to instruct number four. >> the clerk will designate the motion and the staff wig. >> a motion protect food and new trags support for struggling children and families while cutting taxpayer direct payments to agricultural interests. >> miss bloom ur is recognized for 25 minutes. >> thank you very much, mr. chairman. the ironry is we're involved with this exercise largely in attempt to shield an area that many of us think that actually could be adjusted if we were focusing on it and working together, defense. but we are looking at sparing that and instead focusing on other areas. now, i would offer up an amendment here that would not add to the deficit, but it would deal with our needs in a more reasonable fashion. and frankl

mr. ryan of ohio. >> i thank the gentlelady. i won't say we have a lot of members who want to speak on this so i won't take the entire five minutes but i think it ordinance we talk about the medicare program to recognize that it's not a real simple solution to say we are going to make all of these cuts to medicare without recognizing the complexities of the health care system. and seeing how these cuts would play out, and i think if it sounds too good to be true, it usually is. and so the simple solution of just making cuts is going to fix the entire medicare program i think sounds too good to be true and it is, because the issue we have with medicare is very complex and part of it has to do with a lot of people in the old rust belt states like ohio and pennsylvania and michigan and wisconsin and other states, where you have people lose their job and their health insurance when they are 55 or 60 years old and don't have any health insurance at all or can't afford it. they end up waiting until

mr. ryan? >> aye. >> mr. ryan, yay. miss wasserman schultz? >> aye. >> miss moore? miss castor? >> aye. >> miss castor aye. >> mr. schuler. >> aye. >> mr. schuler, aye. >> miss bass? aye. >> miss bonimic sydney. >> aye. >> mr. chairman? >> no. >> mr. chairman, no. mr. chairman, on that vote the ayes are 12, the nos are 21. >> the nos have it. the motion it not agreed to. are there any other motions? miss had schwartz? >> i have a motion at desk. >> the clerk will call -- the clerk will designate. >> a motion offered by mischwar and miss wasserman-schultz. >> the staff will distribute the motion. >> miss schwartz is recognized for 25 minutes. >> to continue the discussion about the choices that with remaking and in fact there are choices being made by the republicans, this one again i think is quite stark. the republican budget sacrifices the health of millions of women and children in this country in order to preserve tax breaks for companies that ship jobs overseas. again, this is a choice. how do we make sure that we reduce the deficit, how do we tackle some of the fiscal issu

mr. ryan: first off, mr. speaker, let me thank those six committees that contributed to making this possible. over 60% of the federal budget is in a category of spending we call mandatory spending. it's a budget term of ours that means that part of spending is on autopilot and congress does not oversee or set the level in any given year. congress does address, we call discretionary spending, that's government agency budget, about 39% of the budget, every single year. we -- the last time congress actually looked at this 60% of spending on autopilot for savings was 2005. it's important that we make sure that we're scrutinizing how we're spending hard-earned taxpayer dollars, and it's a shame that we haven't revisited this category of spending since 2005. we're doing that here. now, the president, the secretary of defense, the speaker of the house, the minority leader of the house, they all said this sequester is a mistake, it's bad, it's going to hurt. not only does it hallow out defense according to the defens

mr. ryan. miss wasserman schultz. no. miss moore. miss castor, no. mr. shuler, no. miss bass, no. miss bonamici, no. mr. mullvainy, aye. mr. amash, aye. mr. chairman. >> aye. >> mr. chairman, on that vote the ayes are 21, the noes 9. >> the motion is agreed to. the sequester replacement act is reported to the house of representati representatives. i note a quorm is present. >> thank you. i ask unanimous consent that the chairman be tlorsed to go to conference and file a conference report pursuant to clause 3 of house rule 19 and the staff be authorized to make any ness sar technical and conforming corrections prior to filing the bills and the motion be considered to be reconsidered laid on the table. >> without objection so ordered. that concludes the procedural business required to mark up an order report of the sequester reconciliation act. but before we adjourn, i would be willing to entertain up to four purely procedural motions as long as they do not have the effect of amending the bill as ordered reported, and they relate to the business that we are here to conduct today, as

we're also joined by mr. ryan stroschein. excellent. you only come into this world and leave with one thing and that's your name so i really hate to mess them up, director of agriculture energy coalition here in washington. somewhat of a neighbor of mine, neighboring just over the line from mifflin town, pennsylvania, mr. steve reinford, opener and operator of reinford farms. mr. jerry taylor, president and chief executive officer mfa oil company, oil biomass llc in columbia, missouri. and mr. gary haer, chairman of the national biodiesel board in washington, d.c. welcome and thank you for bringing your expertise and experience to the subcommittee hearing. congressman greenwood, please begin when you're ready. >> i'm out of practice. chairman thompson and ranking members of the subcommittee, i appreciate the opportunity to be with you today. my name is jim greenwood. i am the president and ceo of the biotechnology industry organization. we have more than 1,100 members world wide. wits w its broad membership, innovative biotechnology com

mr. ryan. >> aye. >> ms. wasserman schultz. >> aye. >> ms. moore. ms. castor. >> aye. >> mr. shuler. >> aye. >> ms. bass. >> aye. >> ms. upon meechy. >> aye. >> mr. hallscamp. >> no. >> mr. chairman. >> no. >> mr. chairman, on that vote, the ayes are 12, the nos are 21. >> the nos have it. the motion is not agreed to. are there any further motions? >> mr. chairman, i have a motion. >> mr. dogget, the clerk will report. excuse me. i'm ready to get to the vote. the clerk will receive the motion and the staff will tribute copies. >> a motion offered by mr. doggette. rejecting the elimination of the social securities block grant while ending taxpayer subsidies for big oil. >> the gentleman is recognized for 25 minutes. >> i thank the chairman, and i yield myself such time as i may consume. mr. chairman, from you and our republican colleagues, we've heard much already today about the desirability of leaving more of these decisions to the states, and seeking main street solutions rather than washington solutions. well, this motion deals with a attempt to give the states more respon

chairman, i yield the remaining time to mr. ryan from ohio. >> i thank the gentle lady. i would just like to build on the point that mr. doggett just made. these cuts in the short term are not only going to cost us some money in the long run and these folks will ultimately need to get on the health care system in some capacity, but the most recent studies now are saying that by not taking care of these young people at a very young age, you're literally changing the genetic makeup of their body to where it is going to increase their chances of being sicker and costing the health care system more money in the long run, so these are very, very wise investments to be made in the short term, and if we are all concerned with what the health care costs that are going to put pressure on the budgets, whether it's medicaid or medicare or just the health care system in general, let us recognize the most recent science and recognize that these early investments are going to save us billions and billions of dollars in the long run, so this may be penny wise and pound foolish, and i th

amendment by mr. ryan to allow the secretary of the army to convey approximately seven acres of unused and unwanted land to the village of wardstown. amendment by mr. akin to require a report on policies, procedures and guidelines concerning helicopter evacuation of injured service members. anmondment by mr. frank, sources of electricity to defense critical assets are protected from electromagnetic pulse. amendment by mr. runyan, to carriers participating in civil air reserve fleet. an amendment by mr. andrews and runyan to unify base security standards and require photo i.d. for most base visitors and an amendment by mr. bartlett to recognize direct solar as an energy efficient technology available to d.o.d. to reduce energy consumption and enhance energy security on military installations. >> is there any other discussion? if not, the question kims on the amendment block. those in favor say aye. opposed say no. in the chair the ayes have it. the amendment is agreed to. >> are there further amendments? fo

chris: i promise we will get forward looking into their policies for the future in a moment, but, mr. ryan, congressman ryan, what about, excuse me, this argument that mr. goolsbee raises, some of the employees ended up having pensions picked up by the federal government? >>guest: well, look, this is an industry that was going down, they tried to rescue it and they did not succeed and it was done when governor romney was at the olympics and the point we are trying to make the obama administration is putting themselves in the business of take risk with taxpayer money and picking specific individual businesses and industries to prop up for favoritism and then to raise taxes, raise regulations, so that you actually suffocate economic growth. we believe the genius of american free enterprise is the individual of small business and risk taker and the government should remove the barriers to success rather than raising the barriers and give regulation forbear forbearance. what happens when the government sees themselves as venture capitalist? they pick losers and we see a system of crony capital

but mr. ryan, congressman ryan, excuse me, what about this argument that he -- that mr. goolsbee raises about well, some of the many employees ended up having their pensions picked up by the federal government. >> well, look, this is an industry that was going down. a business that was going down. they tried to rescue it. they didn't succeed. this was done when mitt romney was at the olympic in that time. more of the point we are trying to make the obama administration is putting themselves in the business of taking risks with taxpayer money by picking specific individual businesses and industry to prop up for favoritism and then raise taxes and raise regulations so that you actually suffocate economic growth. we believe the genius of american free enterprise is the individual small business and risk taker and government should remove the barriers to success instead of raising barriers to success but you then give forebearance, tax credit. what happens when the government sees them was a as a venture capitalist they end up picking lots of losers and we see a system of kr

. >> well, i have no idea or comment on your reference to mr. ryan there as far as what he may or may not have received. but the point is that we have to quit making promises we cannot keep. and at some point when a law passes, there will be a date, i think in the near future, that there's going to be some fundamental reform. and i think the only way to be as far as possible, and i realize that's not the same thing as being fair, but unfortunately there are many parts of life that are not fully fair, that we have to be able to say to groups above the age of 55, you've worked your whole life, that is the contract. by the time -- take heart here if what i suggested ever happens i'm sure you'll be 55 by then, it's going to have to come that we tell people honestly what they can expect from government. and the sad part is right now we're not doing that. we are sitting on a time bomb and that fuse by the way is interest rates. and that number doesn't include those monies that are owed to social security recipients in the future. that's totally separate fr

let's talk about some body having better luck, mr. ryan seacrest buying a new house. >> yeah.st a house, it is a $49 million mansion, here in beverly hills. he just bought out ellen degenres' house this is a massive estate basically a sit i block the amount of property he -- city block the amount of property he has. the main house 9,000 square feet but has three guest houses on the property, it has this massive i think like a 5,000 square foot gym in there sox literally, where you would get a membership to a regular gym that is the size of gym he will have in his house. and then he has a pool, a bunch of ponds, it is unbelievable and a 9 car garage. so he is doing well. >> dax is he paying $49 million for it? >> yeah. listed for 49 we know he paid around that amount as well. >> this must be the most expensive property of all time. i know we are out in beverly hills but that is unbelievable. >> in beverly hills you can get much more expensive but you mow who was the best whenner -- you can get much more expensive. but the best winner was the realtor he worked for both. he got l

so mr. ryanif he's going to be serious about it, he has to acknowledge that revenues has to be part of this. the pentagon has to make a contribution, and it's -- everything's got to be on the table. otherwise we just won't be able to succeed. >> congressman welch, thank you for being with us this morning. we appreciate it. >> thank you. >> we asked to you comment on the big story of the day. what does the resignation of a gay spokesman say about the romney campaign? your responses after a break. >>> we asked you to talk back on one of the big stories. the talkback question for you. who does the resignation of a gay spokesman say about the romney campaign? this from mary. there are gay republicans. i'm sure he wasn't fired for being gay. i bet it had a lot to do with his tweets, smiley face. this from debra it says romney has flip-flopped so much and on so many issues that he's now too diss to know which side he supports and why. >> this from eric. it could just be the person was not a good fit. i

i am not catholic but they were right to press mr. ryan a budget that doesn't reflect the values even have his own faith tradition. and thirdly, dr. west would argue in this new book that budgets are moral documents. budgets are moral documents. you can say what you say but you are what you are. and when we see what your budget is, we know hue really are. what your priorities are. and mr. obama could be doing a lot more to make poverty a priority but mr. romney, god help us all. >> paul ryan says that trickle down economics is the christian way. he says that that is theologically the right way to help the poor. >> the problem is it did not work in the reagan era and it won't work now. i said the other day in a conversation with somebody that it is about trickle down. it is about the poor feeling like they've been tinkled on. that's exactly the problem. so trickle down didn't work in the reagan era. it won't work now. there is a reason why the budget director has done a 180 on his views. we learned a lot about the reagan era. about trickle

i'm here to suggest strongly to you, mr. ryan, that business is going to go cold, the economy is going to go cold and hiring is going to go cold unless you can get something done this summer to give a thaw and some certainty. where's the deal? what's on the table right now? we need a deal, paul ryan! >> larry, we can control what our own actions. so last week we brought to the floor a spending cut package which deals with this question. this summer we will bring to the floor a tax bill that deals with this tax cliff. how republicans will actually legislate solutions to these problems that are occurring at the end of the year. now i can't tell you what president obama or harry reid will do. you have to understand, we've been putting our cards on the table. we've passed budgets -- >> yes, you have. there's no question you have. have you been clear, absolutely. you have been clear. but i have a different point. okay? and i've been around. reagan in '81 gave some ground on his tax cuts. you remember that. he postponed them. we actual

described, paul touched on this and says, what's interesting is the cult that's grown up around mr. ryanay self-proclaimed centrists elevated him in an icon of physical responsibility and can't let go of their fantasy. paul ryan wanted bigger bush tax cuts. >> yeah. >> he wanted $2 trillion in bush tax cuts. the bush administration called those irresponsible. paul ryan is very much at the extreme end of republican fiscal policy. >> and i think one of the reasons that politician can sort of overcome their actual ideology is the way that journalists cover these guys and you know, there's a reluctance among a lot of writers to pigeonhole them and place them on the ideological spectrum and sometimes talk about their charisma and their personality and other factors, and jonathan, it reminds me of the case you made on george w. bush back in 2000 who is someone that you were arguing in 1999 and 2000, was much further to the right than the press was reporting at the time. do you see parallels there. >> definitely. ryan's doing a similar game that bush did but the parallel's more there. if you re

mr. ryan's magic asteri asterisks, increase revenues and cut spending in ways he refuses to specify, you'ret with plans to increase, not reduce, federal debt. the same can be said of mitt romney who claim his will balance the budget but whose proposals consist of huge tax cuts for corporations and the wealthy, of course plus a promise not to cut defense spending. i believe the cbo analysis, glenn -- sorry, if we're talking about defense cuts you look at defense spending and cuts and tax cuts for the top 1%, the top 5%, as mitt romney has sort of proposed, his plan adds to the deficit. so it begs the question, how legitimate, is this just good marketing on the part of the gop? >> it's throwing everything against the wall and seeing what sticks. i mean, six months ago, when we were on the hill and we were dealing with this debt meltdown we were starting to have a frank exchange with both democrats and republicans seeming to embrace, a, notion that entitlement spending needed to be addressed and the fact that the military spending in the last decade has been nuts, i mean dealing and with the t

guest: i have no idea are common on your reference to mr. ryan. we have to quit making promises we cannot keep. at some point, there will be a date that there will be some fundamental reforms. the only way to be as fair as possible is to be able to say to groups above 55, that is the contract. if what i said ever happens, this will have to come that we tell people honestly what they can expect from government. right now we are not doing that. we're sitting on a time bomb of a $15.7 trillion debt. if we're ever hoping to meet the obligations of our national debt and social security, we have to get the economy growing again. we cannot tax or cut our way out of this problem. we have to grow our way out of it. i believe the glass is half full. we need to rebuild america and i want to be part of that. host: a criticism that senator lugar campaigned on was all the outside india not money that was coming into your campaign. guest: he made the point there was special interest money coming from outside the state. they're called conservatives. they expresse

now, mr. ryanoes propose to fundamentally transform medicare, i think i would use a more negative word, eviscerate, medicare. if you do the numbers and if you assume he -- [inaudible] down below 3%gdp, his budget would, basically, eliminate almost all discretionary domestic spending. that's a pretty radical transformation. and in addition, as part of the budget process coming from the house side right now, title ii of dodd-frank which is the liquidation authority allows the fdic and others to wind down a megabank without that causing disruption. republicans want to take that out. so that's a pretty broad agenda, and there's long-term stuff in there, too, stuff i don't think is a particularly good idea. >> i want to get back, rich, to talking about the bipartisan nature of asking for more structure, and i don't think anybody disagrees with that. it would be nice if we had better roads and bridges and schools and so forth -- >> not just better, necessary. >> well, but we don't have the money. we don'

mrs. laura bush. ♪ [applause] >> good amp. i'm fred ryan -- megyn: fred ryan is ceo of politico and, also, works for thal britton company, and he, personally, has done a lot for the reagan library and with ronald and nancy reagan and is going to make some two duct ri remarks. of course, you though who president obama is, you know who george h.w. bush and george w. bush are. so he'll make some remarks, then we understand that president obama will take to the microphone. just want to give you that sort of preview, and we'll take a listen to mr. ryan as he introduces the events. >> to the north of the white house and historic decatur house, we have just launched the new david rubenstein national center for white house history. next year to the south of the white house we will open a newly-redesigned white house visitor' center. it will give the millions of visitor to washington each year a chance to gain a broader understanding of life in the white house. if we can just acquire something on the east and west, we'll have the place surrounded. [

mr. paul ryan and he has tied him with speaker bain here of course will be allowed a congressmen to be raised anywhere. does that mean the only way the deficit gets resolved is by hammering the poor and people who rely on government assistance in some form? >> he does talk about tax. he talks about -- >> cutting them. >> cutting them on top of the extension of the bush tax cuts for the wealthy. cutting further on the wealthy. people like himself. he is stuck with the ryan play book, the tea party play book. they can't get off a dime on revenue so they can't do something like the simpson boles commission. or these moderate plans. if he is be going to talk about any of that in material of deficit reduction and he wants to expand the military, basically he will have to shut down the epa and the fbi and the fda. the "washington post" said this about the ryan budget. eventually there is no government left except the bloated defense department. and i think this is something we'll see debated more fully. maybe in the fall. the white house will not let this policy disagreement escape voters' notice.

were also joined by mr. ryan stroschein. excellent. you come only in with this world and leave with one thing and that's her name so i hate to mention method that. somewhat of a neighbor of mine, neighboring just over the line from pennsylvania and geneva county, mr. steve reinford, honoring operator of wrightwood farms. mr. jerry taylor, chief executive operator mfa oil company, oil biomass loc in columbia, missouri and mr. jerry haer, bio diesel toward washington d.c. thank you for being here and bring expertise and experience to set committee hearing. congressman greenwood, please begin when you're ready. [inaudible] >> general tommy out of this. >> i usually have somebody do that for me. >> mr. chairman thompson in breaking member hold an undistinguished members of the subcommittee, thank you i appreciate the opportunity to be here today. i'm the president and ceo of the biotechnology industry organization. bio is the world's largest biotechnology organization with an 1100 members worldwide. with its broad membership qaeda innovati

conversation, and as we go forward, as we did last week with sequestration and reconciliation that mr. ryan from wisconsin led, as we go forward with the debate on the national defense authorization act this week, we need to go forward recognizing the cuts that have already occurred on the defense side of the ledger. it's my understanding, looking at some of the numbers, that essentially 50% of the deficit reduction efforts to date has come at the expense of defense expenditures. that is approximately 20% of all -- of our federal budget is dedicate t.d. defense spending. that 20% of defense spending is already absorbing 50% of the deficit reduction efforts that we have led here in washington, d.c., primarily with the leadership of people like the lady from alabama and other leaders in the freshman class. so we have to make sure when we go forward, and we go forward in this debate, we recognize the sacrifice and the hard decision, and rightfully so, that defense has been part of this conversation of getting our fiscal house in order and every dollar needs to be scrutinized and that does incl

and then the second thing was, and what you bring up in the last chart that mr. ryan had up, will you bring that chart up again? i'm sorry, didn't give you a queue on that earlier. the one with the spinning urban debt crisis. anyway, the other thing that i learned was that the laws of economic are like the law of gravity. the more you violated the harder the impact is and we get this chart that talks about the difference between spending and revenues we will see that is what is going to cause our problems. it is not taxes. it's that big red wedge that occurs because the federal government can't live within its means. it's because not only do you have problems with the way medicare's manager of the way medicaid is managed, you have problems with the gop managing its business. we need to get back to thinking about ways we can grow the economy and therefore produce more federal revenues because more people are working and we have fewer people that need government benefits because we have more people working. let's talk about the real choice where where to bet he went and

[laughter] >> guest: well, i have no idea or comment on your reference to mr. ryan there as far as what he may or may not have received. but the point is that we have to quit making promises we cannot keep. and at some point when a law passes, there will be a date -- i think -- in the near future that there's going to be some fundamental reform. and i think the only way to be as fair as possible, and i realize that's not the same thing as being fair but, unfortunately, there are many parts of life that are not fully fair, that we have to be able to say to groups above the age of 55, you've worked your whole life, that is the contract. but take heart here, if what i've just suggested ever happens, i'm sure you'll be 55 by them. people need to know what they can expect from government, and the saturday part is right now -- sad part is right now we're not doing that. we are sitting on a time bomb, and that fuse, by the way, is interest rates. and by the way, that number doesn't include those monies that are owed to social security recipients in the future. that's total