mr. waxman and mr. rangel about this. it's just unacceptable that in a year, over your now we have spent discussing how to drive down long-term health care costs, that the recommendations from the institute of medicine on breast-feeding would not be incorporated into the perth of those children in those programs. so i appreciate very much that recommendation. thank you all. we look forward to this reauthorization. i think you have all made a lot of very good recommendations. some of which we have discussed with you previously, and some which we have yet to follow up on. be assured that it will get the full attention of the committee. mr. kline, do you have any think? >> just again, thank the witnesses. >> thank you so much. and without objection members will have 14 days to submit additional material or question for the hearing record. and without objection, the hearing is adjourned. thank you. [inaudible conversations] [inaudible conversations] >> t. minus 15 seconds. >> space shuttle discovery launch this morning on its

mr. waxman, mr. barton, mr. stearns, other members of the subcommittee who at our hearing and markup sessions in the subcommittee contributed richly to our dialogue and to structuring the legislation that we have before us this morning. it is a bipartisan measure. all of the committee members have been involved in this constructive exercise and i want to thank them for their participation. mr. speaker, i urge approval of the bill and i reserve the balance of my time. the speaker pro tempore: the gentleman from virginia reserves his time of the the gentleman from florida. mr. stearns: i request such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. stearns: mr. speaker, i also rise in support of h.r. 3125, the radio spectrum inventory act. as the gentleman from virginia mentioned, it's a very important bill and i urge its passage. this bill offers an opportunity to evaluate all of the frequency bands between 225 megahertz and 10 gigahertz and simply to determine who uses these frequ

mr. waxman, who is politicizing it and it's disgrateful, it's something they use today call mccarthyism onlyrse. >> the chairman of ford passing announcing any pre-announcement on this, any perceived hit from losing the subsidy. and i'm wondering, not that ford accepted a bailout, it didn't, but whether the better part of valor for a lot of these guys is just to shut up. >> bury it. but isn't that shocking though that-- >> they're not allowed to, dagen they're not allowed to. >> isn't it give me a second, isn't it shocking that the democrats are saying to public companies, don't tell the share holds what they need to do as investors you shut up. but you're right, ben, they have to announce this and have to reveal this, this hit. >> guys, this is all part of the program to make profits the villain. this is what this boils down to. profits are bad, profits should be mitigated for the greater good. corporations should be considered part of the greater society and therefore should bite the bullet and everyone is living the life and this is part of the whole step we saw in the fall. >> it's more

mr. chairman i yield back my time. >> they give. chairman waxmanis recognized for opening statement. >> thank you mr. chairman. we need to debate the healthcare bill to review its implementation but we ought to be able to chew gum and walk the same time here is not what two make much difference if you have health insurance or not if you're going to die from something that could have been prevented from an antibiotic and we're seeing more and more antibiotic resistance. the revolution of antibiotics started with penicillin in 1927 and has been a major accomplishment and the health care world and has led to many people surviving things that might have cost their lives before we had antibiotics skin infections could creek turned tail and childbirth could be a death sentence for both mother and baby and superficial wounds could deteriorate rapidly often resulting in invitation. antibiotics change all that and with the discovery of these doctors could readily treat infections that literally save lives. modernization of madison was launched. 80 years lat

mr. chairman and al gore to testimony. >> thank you chairman waxman. the gentleman from kentucky, mr. winfield. >> mr. chairman, thank you very much. we look for to this very important hearing and certainly appreciate our to witnesses for being here today. i would however like to reiterate the importance and necessity in my view of holding hearings regarding the implementations of this massive and far reaching change to our health delivery system. as chairman waxman noted about hospital infection, according to the center for disease control 2 million people acquire bacterial infections in hospitals each year and of that around 90,000 people die because of these infections. according to the information given to may 70 percent of the hospital acquired infections are caused by bacteria that are resistant to at least one of the drugs most commonly used to treat them. i also do believe that we must explore incentives and other options to encourage pharmaceutical companies to continue their research coming up with new medicines to deal with this problem. i look for to testimony of our witne

mr. waxman, and his staff for providing us accommodation.i would like a couple more degrees down on the thermostat, but understanding what our options were, we do appreciate and thank them. for those who have never tried to run these kind of hearings outside of a congressional hearing room, it's really, really hard to do. and i want to thank them for their courtesy. >> thank you all. i would like to ask if the commissions would gather extraordinary briefly in the anti-room right after this meeting. thank you all very much. >> thank you. [inaudible conversations] [inaudible conversations] >> too big to fail is a harder issue. my own view is that we're passed the days of exclusively small bank institutions. looking for more about the financial crisis at the new c span video library, search, watch, flip and share. over 160 hours of video from yesterday or 10-yearsing a. every c-span program since 1987. the video library. cables latest gift to america. >> this years c-span studentcam competition asked middle and high school students dealing with

mr. chairman, i yield back my time. >> thank you. chairman waxman is recognized for an opening statement? >> thank you very much, mr. chairman. we need to debate the health care bill and review its implementation but we ought to be able to chew gum and walk at the same time. 'cause there's it's not going to make much different if you have health insurance or not if you're going to die from something that could have been prevented from an antibiotic. and we're seeing more and more antibiotic resistance. the revolution of antibiotics starting with penicillin in 1927 has been a mainly accomplishment in the health care world. and has led to many people surviving things that in the past might have cost them their lives. before we had antibiotics, common skin infections could turn fatal. childbirth could be a death sentence for both mother and baby. and superficial wounds could deteriorate rapidly often resulting in amputation. antibiotics changed all that. and with the discovery of these medicines, doctors could readily treat infections and literally sav

mr. waxman, the chairman of the commerce committee, is bringing into the -- bringing before his committee the chairman or c.e.o.'s of at&t, the deare company, caterpillar, because he says they really shouldn't be telling people these things because these aren't accurate figures. well, they are accurate figures. the $1 billion it's going to cost at&t, the $150 million it's going to cost john deere, the $100 million it's going to cost caterpillar and on and on and on. they have to report that by law. because they reported it, mr. waxman wants them to come before the committee he to try to make them look like they're blowing these figures up. the fact of the matter is business and industry in this country is suffering and because of that we're going to see more unemployment. now, you add to that that by the end of this year the tax cuts that were put in by the previous administration are going to expire and the president has said he's going to let them expire which means those tax cuts are not going to be there so that will in effect be a tax increase. and then you add to that that mr. volck

mr. waxman and mr. rangel about this it is unacceptable in a year when we are talking about how to drive down long-term health care cost that the recommendations from the institute of medicine on breast-feeding would not be incorporated in to the birth of those children with mothers into those programs pri who i appreciate very much into the recommendation. we look forward to the reauthorization. you made a lot of good recommendations some of which we have discussed with you previously and some we have yet to follow-up on. we will be sure to give the full attention of the committees. >> would just like to think the witnesses. >> without objection members will have 14 days to submit additional materials for questions for the record and without objection the hearing is adjourned. thank you. [inaudible conversations]

mr. waxman and mr. wrangle about this. this is unacceptable. a year when we have spent talking about driving down long- term health care costs, the recommendations from the institute of medicine on breast feeding would not be incorporated into the birth of those children. i appreciate very much that recommendation panda thank you. we look forward to this reauthorization. you have made very good recommendations, some of which we have discussed with you previously and some we have yet to follow up on. they will get the full attention of the committee. >> thank you to the witnesses. >> without objection, members will have 14 days to submit material -- additional material or questions to the record. this hearing is adjourned. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> still to come on c-span, a look at the impact of long military deployments on children. after that, a discussion on political and social issues of interest to the african american community. later, a conference o

mr. waxman, said they need to come before our committee and be held accountable why they would release this type of information on a day that was otherwise a great national joy when the president was signing the health care bill. well, the companies responded that they were simply performing under requirements like the securities and exchange commission. their earnings were going to be affected by the passage of this bill and they were required to restate earnings based upon that information, and maybe they didn't need to release it on that particular day but certainly that information needed to be made public and indeed many of these same companies had contacted members of the committee staff and let them know this in advance of actually releasing the information. now, interestingly enough, when it came to light that the heads of these companies stated, well, we're just simply doing what you told us we had to do under the rules provided by the securities and exchange commission, the committee decided to postpone indefinitely that hearing. but it was troubling. it was troubling because here

mr. waxman, and his staff for providing us accommodation.i would like a couple more degrees down on the thermostat, but understanding what our options were, we do appreciate and thank them. for those who have never tried to run these kind of hearings outside of a congressional hearing room, it's really, really hard to do. and i want to thank them for their courtesy. >> thank you all. i would like to ask if the commissions would gather extraordinary briefly in the anti-room right after this meeting. thank you all very much. >> thank you. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] >> that wraps up three days of hearings by the financial crisis inquiry commission. ♪ ♪ ♪ >> what in the world is more ridiculous right now that american politics? >> for the past year using clips from various media outlets, including c-span, the gregory brothers have become viral hit makers who have on t

mr. miller of oakland, indeed henry waxman -- have been support active of a single payer system.t is not the bill we reduced -- produced but it lays the foundation for exchanges to be more than state base bud federal dominated. and it concerns me a lot that we ignore that. would you respond to you and your office's view of a single payer system at the federal level? >> i would be glad to. i think from the outset of this discussion there were certainly those in the house and senate who favored a single payer system and felt that that was by far the preferable option from the beginning. the president made it clear he did not, in spite of fact that he had, in years in the legislature and even when he came to the united statesç senate, talked about that as an option that would be ideal, the more he looked at the situation with 180 million americans having insurance coverage that was preferable to them and they liked, felt that what we needed to do was build on the current system. that is really the structure that the bill took from the outset in spite of,ç i think, e disappointment

mr. chairman, in the interim, i do want to thank chairman henry waxman, chairman of the energy and commerce committee, in whose meeting room we're meeting today. i noted to the chairman we've been in this relationship a number of times, but never in this particular room. i will not say that our first hearing in the ways and means committee had the microphones working. so i'm going to read the contract you have with the chairman in terms of what it is we get. >> here we go. no? live television. all right. >> good morning. welcome to the meeting of the financial crisis inquiry commission. all right. thank you very much. andh that, chairman greenspan, of no more than 10 minutes and opening statement. >> thank you very much, mr. chairman. good morning to you, vice chairman thomas, and members of the commission. i want to thank you for the opportunity to share my views on important issues raised in the commission's invitation to appear today. as i noted in my prepared remarks, while the roots of the crisis were global, it was securitized u.s. subprime mortgages that served as the crises' immedia

mr. chairman i yield back my time. >> they give. chairman waxman is recognized for opening statement. >> thank you mr. chairman. we need to debate the healthcare bill to review its implementation but we ought to be able to chew gum and walk the same time here is not what two make much difference if you have health insurance or not if you're going to die from something that could have been prevented from an antibiotic and we're seeing more and more antibiotic resistance. the revolution of antibiotics started with penicillin in 1927 and has been a major accomplishment and the health care world and has led to many people surviving things that might have cost their lives before we had antibiotics skin infections could creek turned tail and childbirth could be a death sentence for both mother and baby and superficial wounds could deteriorate rapidly often resulting in