>> i think that the treasury and omb and the agencies are off to a good start. they've got a task force set up by hhs to look at the award data and dod to look at the contract data and come up with some, -- comment data others. they're laying the initial framework. they have a long way to go though before they're going to have the standards in place. we will be evaluating their progress and commenting on those standards that they will be issued in a. so we're tracking them very closely, but i'm encouraged at least they're getting organized across the government to address these issues, and d to use something that already in place which will help expedite implementation. >> is permitted, is that an achievable goal to get there by may of next your? >> that is our goal. as mr. dodaro mentioned, we, look at some these aggressive dates we put in place not just the government and the plan process but we have put together the working team between hhs and dod to actually start working on what we believe is critical. >> what are the major threats to not achieving that go

alice rivlin, former omb director, former federal reserve vice chair as well.e staying on the jobs beat. much more on the over 300,000 jobs created in this country. what does the white house have to say about this? labor secretary thomas perez joining me in the next hour. ♪ >> it is our big story this morning -- the u.s. hired more workers than forecast in november, blowing past most economist's estimates. everyone on the program so far when it the word "wow" comes to this report. it has blown past anybody's estimates. the jobless rate has stayed at 5.8%. that is a summary of the jobs numbers, but we will be digging further and further into that throughout the next hour. in the meantime, here is a look at the top tech stories on our "bloomberg west" radar. amazon is going to get into the diaper business, producing its own diapers and baby wipes under the brand name amazon elements. it will be inexpensive and available for members of the prime service. mark zuckerberg is on a mission to connect the world to the internet, using drones and satellites to bring conn

when i was there, when i really enjoyed it back in the '60s and '70s, when i was deputy director of ombframing question everything, republican and democrat is, what's the right thing for us to do for the society. i don't think it is even, it is not even an afterthought anymore. david: wow. >> what is the best thing for the society. that's a tragedy. david: it is not public service. >> no. david: paul o'neill. very strong words. appreciate it, paul. lori: thank you, sir, very much. >>> well, switching gears to much lighter note, the heisman trophy set to be given away in just a few days. coming up we'll talk to the one and only winner of the trophy twice. he is here with the trous volatg up in the markets here and many investors are expecting their bond portfolios to save their holdings you but may be in for a surprise that you will want to hear. ♪ how much money do you have in your pocket right now? i have $40, $21. could something that small make an impact on something as big as your retirement? i don't think so. well if you start putting that towards your retirement every week and let

and it's a quasi-omb role is relative to cabinet departments. the creativeness was very much to try to remove politically motivated wishful thinking rather than to help parliament consider options for cbo. when we set out on this transparency and to emphasize uncertainty. given our need to produce a highly segregated fiscal forecast transparency necessarily means lots of detail and a lot of testaments. why emphasize uncertainty? first the point that we heard in earlier sessions that policy should reflect uncertainty rather than ignoring it. it's important because of the detail that we produce but talking about uncertainty allows you to avoid the precision that comes with publishing lots of detail. we can offer richer assessments to progress towards the target and perhaps the first person to run this organization permanently mocking other people's economic and fiscal forecast as a journalist i didn't want to tie the success of the institutions accuracy to forecast. there are some self-interest in there as well. we do our outputs a narrative quali

government agencies that i would describe as honest and functional, including, you know, including gao, omb, the social security administration, the congressional research service. he hasn't yet touched cbo or the joint tax committee. but other than that, his resume is complete. so since -- tom, since you're a certified economist, i understand, could you get this conversation launched by talking a bit about such concepts as income, wealth and inequality. and what we know has been going on in these areas over the past generation or so? >> okay. well, let me -- i want to step back a little bit and be very brief. when we are talking about inequality or economic inequality, we can be talking about economic opportunities or economic outcomes. and it's easier to talk about economic outcomes, it's easier to measure than it is to talk about opportunity. and that's where we get into the discussion about consumption, income, or wealth inequality. i'd say in a word, however you measu measure, whether it's consumption, income or wealth and if we're looking at income if it's before taxes and before tran

well, after outrage was over the abuse of your tax dollars, omb issued stricter requirements for spendingmakes sense, right? but listen to this. the cfo of hhs now says accurate spending reports won't help taxpayers. really? sarah westwood joins us. nice to see you. >> nice to be here. >> you wrote the article. why does hhs's cfo say that? >> well, what happened here is the hhs inspector general discovered millions of dollars in unreported conference funding, and in defense, pushing back on the inspector general's findings, the cfo ellen murray said the cost of. >> getting the right information? >> right would outweigh the benefit to taxpayers. >> how does she figure that? how could it possibly be we don't want exact information? >> well, she cited difficulties in actually gathering the information and keeping track of it. and said, basically, you can either have an accurate report or a timely report, but you can't have both. >> okay. so why can't we at least change the time requirements a little bit? i think most taxpayers want to know whether or not they're partying on our dime again. >

it turns out that omb, i was faber gasted when i heard this, they say this is duplication of effort. industry submitts information on oil. they don't set reporting requirements for oil. when you read epca, there is room for this to happen. so doe is only getting the information that industry wants to report out. these are newer oils. there is less information reported out. and then the third one i'll mention, one of the partners tried to purchase data. there is data that's owned by the big oil consultants. and after negotiating for a matter about a year in the hundreds of thousands of dollars, they were told the data wasn't for sale. there are a lot of concerns when it comes to oil data. >> i want to use that last sentence as a segue to another kind of topic. any discussion of oil exports must be considered in the context of our overall energy policy and the realities of climate change. and you also touched on that. you've done an extensive analysis on the climate impacts of our nation's oil policies. in your testimony, you discuss preliminary research on various types of american cr

omb, treasury, white house, anyone who would determine not to ask for appropriations for this program in fiscal year 2015? >> once again i will go back and try to get you the information -- >> you have no idea when these mideastings took place. ... of the law, but i did not provide any official scoring >> well, you have stated the aca was written in a tortured way so that the cbo would not score it as a tax. how did the administration use your information to write the aca in a tortured way so that cbo would not score it as a tax? >> once again, i apologize for my inopportune and inappropriate terminology. >> they did not score it as a tax, right? how did you do it? how did you get cbo to not score it has attacks knowing that at some.you might have to get to a supreme court to say it was? how did you do it? >> i don't run cbo, i did not draft the legislation. >> what does cbo stand for? >> congressional budget office. >> what is scoring? quest a message to five the method by which the congressional budget office estimates the effect of legislation on the federal budget. >> you have sai

one was jim nussle, later the director of omb, and the latter was jennifer dunn from washington state. jim alleged that jennifer was not a conservative. they both had identical ratings. jennifer was not a conservative because she was pro-choice. jennifer alleged that jim was not a conservative because he had never voted for a defense appropriations bill. those are both serious issues, but their rating was exactly the same. i said, if they voted run wrong on everything, they both would be liberals, but they differed on albeit important issues, but we do not judge people simply on their position on one issue. if you are putting together a political movement or even unopened philosophical movement it is important -- interviews change -- people do not remember this but back in the day, as they like to say, the conservative movement was pro-choice. the liberal movement was pro-life. jesse jackson led pro-life rallies on the grounds that abortion was an attempted genocide against the black population. in fact, the public funding of abortion was developed by southerners as a final solution t

we are working with congress and omb to address those challenges that we are aware exist out there. of the biggest challenges we face as a world's climate change no there is -- there are people more affected by climate change in the united states and then native people. why? lots of reasons. as i have got to alaska, i've seen cultural sites wash away. you have seen changes in the cycles impacting the systems. as you go along the coast, the ocean acidification is impacting shellfish. as you are reliant on fish stocks, you see those change with changing temperatures of the water and the droughts we have in areas like california and nevada and that region of the southwest. in florida we have saltwater encroaching on traditional aquifers. in the great lakes, we have impacts on wild rice and to many of the cultural traditions that have been going on for time immemorial. these things and you will hear from the cabinet panel today on climate change and on energy because that also is very important. how do we work with you to stand up energy projects not only support tribes but also provide

omb, treasury, white house, anyone who would determine not to ask for appropriations for this program in fiscal year 2015? >> once again i will go back and try to get you the information -- >> you have no idea when these mideastings took place. ...

initiatives that we were pursuing into a regulation antitrust and other areas through the writers through the omb, the treasury department and the justice department and other agencies. we have other writers to see if we can work around them. if we couldn't, we would move on to other mistress. we always took them seriously and they were routine. they have an awful time. if all of them had been have been rolled up into one annual crisis where ronald reagan could have his rhetorical skills in competition with a few much less known salons on capitol hill, that would have been the envy -- dandy for us. the policies and the hierarchy. when the committee chairman have strong powers unto themselves and are no longer the party leadership's. it will require real earnings to the actual art of collective choice where we have to come to a decision among ourselves in compromise with people sometimes very different and conflicting views. the third step and then i will wind up is to own delegate the lawmaking power from the regulatory agencies. this is a problem not so much of culture as the sheer capacity beca

we also expect to hear from omb about progress made toward establishing a pilot program. hundreds of billions of federal taxpayer dollars are spent by state, local and tribal governments, universities and private constitutions every year. today, these entities may well and often do waste millions of taxpayer dollars complying with duplicate and complicated reporting requirements. in a modern era, there is no reason for an entity to fill in mindless forms with the same information time and time again. at the end of the two-year pilot under which some recipients were told to report to standardized mapper. they will issue on how to streamline and consolidate reporting requirements. when fully implited financial reporting by agencies and other recipients will give unprecedented insight into federal spending. the american people will finally be able to track how we spend their dollars by simply4% but bi camera will. our partners in the senate, senator mark warner from virginia and senator portman of ohio who are with us today have shown amazing leadership and in fact the bill

. >> is there anyone outside that we need to ask, omb, treasury, white house, anyone else that would ask for appropriations for this program in fiscal year 2015? >> once again, i'll go back and try to get you the information. >> so you had no idea when these meetings even took place? would that be a fair statement? >> i cannot answer your question. i will try to get you that information. >> the gentleman's time has expired. we now go to the gentle lady from wyoming. >> thank you, mr. chairman. and thank you for your leadership these past couple of years. appreciate your hard work on this committee. dr. gruber, did you participate in the scoring aspect of the affordable care act? >> i provided economic micro simulation results to the administration and congress to help understand the costs and coverage effects of the law but i did not provide any official scoring. >> well, you have stated that the aca was written in a way, a tortured way, so cbo would not score it as a tax. now, how did the administration use your information to write the a ca in a tortured way so cbo would not score

alice rivlin, former omb director, and former undersecretary of defense robert hale also took part in this event. it's just over two hours. >> good morning, everyone. welcome to brookings. merry christmas, happy hanukkah, happy holidays, i'm mike o'hanlon. we are privileged today to have an all-star cast on the important subject of military health care reform. we are going to hear from assistant secretary of defense for health affairs, dr. jonathan woodson, first. he is responsible for the $50 billion plus enterprise that takes care of almost ten million people, including dod active duty personnel, their families, retirees. took care of more than 50,000 wounded on the battlefield, and that is a very large player in our national health care system. and for that reason after we've heard from dr. woodson, we're going to assemble a panel of distinguished scholars who range across not only the military domain, but also the broader health care and economics domain in our country as well. and i'll have the privilege of moderating that panel and introduce those participants a little bit later

the irs, the omb, the epa, you know, and everything but f.o.x. >> who in the white house is capable ofo one is capable of it and one of the things you would want in a defense secretary is someone who is professional enough that you send them to do their job and you allow them the freedom to do it because if they don't have that kind of capacity, then it's not just that you're hurting them, you're hurting the entire military structure, because nobody has confidence in the leadership. you've got to have confidence in the leadership, and the president has to have someone with whom he has such a close relationship that they are almost like just one in their thoughts, their minds, and they meld together so that when the defense secretary speaks, he truly is speaking for the president and vice versa. >> good point. >> preotests continue in new yok city and ferguson. are they racism problem, police problems or family problems? >> the easy thing is to blamt cops. it's heartbreaking to see some of the video. let's try to be very, i think politically incorrect but honest. we have a breakdown wit

it is also part of the review that will be released by omb in terms of specific recommendations on the use of specific law enforcement agencies obtained by the military. then my recommendations are made from the military vision of place. is there any feeling in the that those recommendations would have made a difference in ferguson? >> i think that is difficult to judge -- to pass judgment on in any conclusive way. let me say it this way, many law enforcement agencies will sign from the federal government that they are prepared to offer additional men and womeneir in uniform as they use this equipment, get trained on this equipment, properly use it. in a way that protects the safety of the officers using the equipment but those in the community that are being protected by this equipment. i think that is the biggest part of this. tell, ord for me to hard for me to communicate publicly, about any conclusions that have been reached about whether or not additional training would have substantially affected the wake local law enforcement responded to some of the protests we have seen. >> th