>> yes, we are working closely with omb.this is an outgrowth of the federal cio, obviously a part of the senior team at omb. so this is very much in conjunction with them. gsa's role is really obviously is an administrative arm, it makes sense for this to be coordinated through gsa, but we've worked very closely with other agencies on their i.t. needs -- >> how do you decide we want $100 million from discretionary but we want 3 billion out of mandatory? >> it really goes hand in hand. >> how do you decide we want this 3 billion, you know, you're not really appropriating that so you can say, well, we only asked for $100 million but somewhere the 3 billion how did you decide to put that part of mandatory spending? >> it was the preference of -- and we worked closely with omb in terms of how that request came through. ultimately since it is a one-time request and i believe the thought is that we can define it as a onetime request and have it come forward and then have it as a revolving fund. >> it just seems like it would be on

being the 76th secretary of treasury, a white house chief of staff, you mention in reference being an omb director and tons of other jobs. you've worked for a congress person. you've worked for a speaker of the house, tip o'neill. and most impressively, you married your childhood sweet heart and you're still married, the all-american dream with two children. but let's talk about you in your role. harvard graduate, georgetown law school graduate. and your close friends say you are exceedingly meticulous. some would say that you are a brilliant scholar. i think it's important when we hear the question after question that clearly you understand the question. and from where i sit, you have clearly, not only answered the question but gone far beyond the call of duty, as one your position who is responsive for the international monetary financial policies of the trillions and trillions of dollars. you have shared with us the great growth in the economy. you have shared with us how we've reduced unemployment. and so, i say to you as this congresswoman, proud to sit here, that i say to you the tw

that regulation has now been omb since october 2015. the basic rules are -- not supposed to be more than 90 days. as of today we're at 134 and counting. it has been a mystery year after year after year that this regulation haents besn't been f. while essentially we have been not acting, the addiction rate for e-cigarettes has increase d dramatically. they are targeted at kids with all kinds of flavors, double dutch chocolate. you name it, you can find it. to have a product targeted at children that's -- that effective is troublesome since it means likelihood of a likelihood of nicotine addiction with health consequences and certainly a lot of expenses for our healthcare system as well. what's going on? is this ever going to ing ting from omb. >> it will emerge. i'm a cardiologiscardiologist. had a busy business. i have seen people have tobacco-related issues as almost anyone on earth. so i'm strongly committed to get this out. you are also well wear of tawar complexity. we had 135,000 comments. they are many views about the detail that

this is actually an effort we've been working very closely with omb. this is an outgrowth of the federal cio. obviously a part of the senior team at omb. so this is very much in conjunction with them. gsa's role is really, obviously, as an administrative arm, it makes sense for this to be coordinated through gsa, but we've worked very closely with other agencies on their i.t. bo. mr. serrano? >> it's amazing, mr. chairman, how we always end up talking about computers and i.t. i don't know if i was being sarcastic or profound when i suggested doing the rollout of obamacare and all they had to do was go to a college dorm and get a couple kids who would have taken care of the problem in about 30 seconds. you know, instead of doing everything else that happened. you know, one of my issues on this committee for years has been purchasing versus leasing. i think our government spends too much money leasing. and at the end of the day, owns nothing. maybe there are people much smarter than me, i'm not being sarcastic, who can argue that leasing is much better.

this is actually annest we've been working very closely with omb. this is an outgrowth of the federal cio. obviously a part of the senior team at omb. so this is very much in conjunction with them. gsa's role is really, obviously, as an administrative arm, it makes sense for this to be coordinated through gsa, but we've worked very closely with other agencies on their i.t. needs in general. >> how do you decide we want $100 million from discretionary but want $3 billion out of mandatory? >> it really goes hand in hand. >> how do you decide we want this $3 billion? you know, you're not really appropriating that. so you say, well, we only asked for $100 million, but somewhere the $3 billion, how did you decide to put that as a part of mandatory spending? >> it was the preference of -- we worked closely with omb in terms of how that request came through. ultimately, since it is a one-time request, and i believe the thought is that we can define it as a one-time request and have it come forward then have it as a revolving fund. >> it just seems like it'

that's, you know, that's maybe a little bit of an overstatement, but generally, the way omb rolls the money down the pike, you know, they apportion it to the department and it takes weeks to months to kind of really get programs teed up to get to that next stage after the budget's passed. if it's a three-month cr, i think the impacts are real but fairly minor. when you start talking about a six-month cr, which we've certainly experienced in recent years, then it becomes incredibly disruptive, because it's almost like, you know, that extra three months is almost like losing most of the year because it puts you so far behind the eight ball of getting those contracts let and getting activities started. so it's one of those rare cases. it's also particularly hard, as i mentioned in the past, for the acquisition system, because it's a multiyear planning exercise. when you're working on an acquisition program, you've got a 30-year plan for how that program's going to roll out. and certainly, when you're in the early stages, you know, it's at least a ten-year time horizon that you're trying

b ombing in bag -- baghdad. at least 47 people died. last month, isis claimed responsibility for two other suicide bomb ago tacks in baghdad. possible part from the doomed malaysia airlines flight mh 370 is found. a man who found a winged fragment of the flight last year claims he found something else on the same french island in the indian ocean. he claims he found a piece of the plane. that piece has not yet been linked to the jetliner that disappeared two years ago tomorrow. >>> the coast guard is no longer searching for a passenger who fell from a cruiseship near key largo. the texas man was on the 10th deck of a royal caribbean ship when he fell overboard. crews searched more than 2,000 square nautical miles without finding the man before they called off the search. >>> a florida man is filing a lawsuit against florida how we are and light claiming -- florida power and light claiming that a pipe sucked him he claims he tumbled through for about five minutes. he thought he was going to die. >> going to chop me up and killed me. do i

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. >> that may put my omb hat on. the first thing is on the cr because the level are the same as the 16 level you do not have a problem of a big jump. the amounts are are not that big of a deal. for a short period but when he start going six months it becomes a bigger deal. on the question earlier my observation coming from omb is that laster they added a proposed to add $38 billion in that past the congress. the administration would not accept it but it strikes me as if they tried to add a smaller amount, 18 billion, that might make it to the congress. maybe administration won't accept it but that might be the marker to put down. based on what they did laster that might be an approach. >> okay, i want to thank all of our panelists for joining us in being generous with your time. i think all of you for coming. [applause]. [inaudible] [inaudible] [inaudible] [inaudible] [inaudible] [inaudible]scholar, he is eloqu, and he is principled, consistently out of all of the candidate so far. >> next, the air force gives an upd

. >> i'm really glad you mentioned the omb hack. for folks not familiar with it, about 24,000,000 people, federal employees had their most personal information held by the federal government hacked. this is their personal background checks. their mental health history, whether they have a drinking problem, everything in their background check. i can't think of anything more secure than that and if we cannot keep that secure, if anybody really believe we are going to be able to keep whatever technique we develop as a this process, secure. >> that's part of the point. that information is all hack about. all these companies have done, the one thing that has not been a big a big source of threat is the physical phone. >> because they built it secure. >> until this recent operating system which we did not do problems before. what you are creating is a tool for those very hackers that will make our agents, their jobs substantially more difficult to investigate and prosecute those kind of people. your hand in that tool for prophet to crimi

then there is the review by omb which can take up to 90 days or longer. hopefully that process is in theed and sometime late summer or early fall we are in a position to provide information specifically to the public for their comment and review. any adjustments that need to be made can be made and by the time the year and we knew what the real -- rules will be. sen. moran: you mentioned avian flu. this is a topic of conversation we had one-on-one, but certainly in the hearing we had one year ago on your budget this was a significant issue and concern. is there something usda has learned that we would now be in a better position should this kind of occurrence reappear? and if you would bring us up to date on what has transpired in other countries in regards to our exports in regard to avian flu. sec. vilsack: we have learned a great deal. we have learned necessity of making earlier determinations and quicker determinations. we have beefed-up the laboratory capacity. we would like to be able to make determinations within a 24-48 time period when something

my omb hat on. [laughter] the first thing is on the cr, keep in mind. you don't have a problem about a big jump. the amounts are not that big a deal. for a short. , it is not a big deal. six months or more, that becomes a big deal. oco, laststion of add $38y propose to billion and that passed the congress. the administration would not accept it. if they tried to add smaller amounts, that might make it through congress. the administration will not accept it but that might be the marker that they put down. you are nodding. year on what they did last , that might be in approach. >> all right, i want to thank all of our talents for joining us. thank you all for coming. [applause] [indiscernible] >> now to white house coverage. we are live in detroit. hillary clinton will be speaking here at the charleston right museum of african history. live coverage on c-span. >> she worked part-time at a center to study children. she volunteered her time. she got a great job at a private law firm. she was 30 years old. she started a nonprofit for families and children in

omb on board. >>> three people were rescued overnight after being stuck on a cliff side for hours. it started 9:00 p.m. in the national seashore. marin county sheriff's department said someone noticed stranded hikers half way down a 200 foot cliff and called 9-1- 1. one of the hikers managed to climb to the beach below. this picture shows a search-and- rescue team trying to get to two other hikers. in the end a helicopter was brought in and pulled the hikers to safety. we don't know yet whether they were hurt or how they are doing this morning. >>> a man who claimed he was beaten by alameda county sheriff's deputies says surveillance video showed two deputies tackled and beat him last november in a san francisco alley way. he is accused of leading authorities on a high-speed chase in the east bay in a stolen car which he used to ram a patrol vehicle. announcement comes as word of a third deputy being suspended. alex savidge is live at the jail this morning with more. >> reporter: good morning. later today the sheriff will hold a news conference in dublin to talk about serious accus

i also assume you're familiar with the omb projections that in three years the annual interest payments on the debt at that time will be above $440 billion in one year, which will equal what we spend on medicaid, and i'm sure you're also familiar with the fact that in seven years the omb projects that the interest on the debt will exceed what we spent on national defense. so my question to you, sir, giveren the fact that this administration continues to submit budgets to us that increase spending, increase taxes, increase debt, never balance, at what point, at what point, mr. lew, do you think those interest payments, not the percent of the gdp represented by the deficit but when do those interest payments become a concern of yours? >> look, congressman, as gdp grows nominal dollars grow and having cut the deficit by three quarters from 10 to 2.5% of gdp has put us on a stable path. we have more work to do, but we're not in a moment of crisis like we were when the president took office. we are in a stable sustainable place. >> i would debate you on that with all due respect. i'm a forme

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>> you're correct, and we are working with omb on that. we don't have anything to announce now. but that is something that is on our radar screen and we're working toward. let me just say as well that since fiscal year 2013, that every notice of funding availability for lead assistance grants has recommended the cdc definition of elevated blood lead levels. so in the work that's being done out there, much of that reflects the cdc definition, even though you're correct, that right now there is a discrepancy between the cdc definition and hud. and we would like to bring that into conformance. >> i appreciate that. i understand the housing agencies are required to inspect the premises before people move in, something like a year after that as well. but as far as i understand, that's about the only way they're determining whether there may be lead-based paint issues. is there something else we can do to determine the level of risk out there? >> well, certainly the communities that are part of our lead hazard control grants are those that have identity issues in their public housing

so the red is omb's forecast, the solid black wind is actual and the dotted black line is the new projection going forward and then the blue lines are other nonpartisan organizations. you can see the gdp growth is between two and two and a half% which is below the historic averages. the business essential for economic growth, it has slowed dramatically in the last two years. you describe an optimistic and pessimistic view of the future trend in business investment within your report, so are you optimistic or pessimistic? >> i thank you for that question i'm optimistic and that optimism depends both on the inherent strength of the u.s. economy and also the policy measure that we can take. if you look at the unemployment rate, it shall not chart in my initial presentation, that is consistently fallen faster than our forecast. interest rates have come in below are forecast and the goal of these forecast is to budget the deficit which is to generally come in at less than what we had expected. i think you're right though on the business investment across all of the advanced economies, that u.k.,

an nsa and apple says we are not going to do it, and i am agreeing, the next phone call is down to omb saying encryption is getting better, i am going to need another $5 million because i'm going to kick my way in. that is fair game. that is different from telling apple to build something that may make the system less secure. look, there are so many factors bearing on this. we used to do this map against encryption that was not universally available. when you do the math against encryption that is not universally available, game on, kick the door in. right? fundamentally, now what is happening is it is against encryption we all depend on. that changes the math problem. marc: fbi goes to apple and says, help us get in. no, we will not let you get in. that means apple has a security vulnerability. apple -- michael: do not presume the answer to that question. that may the government's preserved -- preferred position. we just have this grand debate vulnerabilities when it either creates or discovers a bone ability and encryption. the outcome of the national debate has been nsa has been sha

. >>> belgian officials confirm this morning that two brothers ombings at the airport and subway station. conflicting reports say a third suspect in the bombings has been arrested. but there has been no ere is an international manhunt for the suspected bomb maker najim laachroui. isisresponsibility. >>> we have a new perspective this morning on iconic images the attacks in belgium. a journalist airport area when the bombs went off and said she was feet away she took all of these photographers in less than two minutes. she shared her story with cbs news. >> i'm standing here in front of the desk and the watch isil was here. so it was very near. everything was in the dust and smoke. my first impression was that am i in thee? and in three seconds, there was a second explosion. i saw people wearing blood as were on the floor without legs, without legs. it was my first photo and on myphone, time is -- i'm very sorry that i left them. i wanted to help not know what to do. and took the photo and, are you okay? i ask her. but she was . nothing. the guy. yesterday, i find out that he's a basketba

of course we would work with your staff and the department of homeland security and omb if we go in that direction. >> is your chief financial officer looking at this and telling us what it's going to cost to do those things? we've got great ideas to retain people. i can understand that, but in terms, we've got to always put it in what you are requesting for soweto have these shortfalls. we've got some shortfalls have to deal with right now. >> yes. the chief financial officer, effective the chief financial officer with me today. she was newly appointed within the past year, and she is, in the past and i make it into this later with the structure of the secret service, but in the past we've had agents in a lot of these positions. now we are moving into running this agency as a business. we have brought in the chief financial officer who that is her expertise. >> that's a good idea. we are joined a gym of the whole committee and even though we are into questioning ongoing to yield to chairman rogers to make an opening statement, any comments you may make. thank you, mr. chairman to apolog

of nsa and apple says we are not going to do this and i am agreeing the next phone call is down to omb saying encryption is getting better. i need another $5 million because i will kick my way in. that is fair game. that is different from telling apple tool build something that may make the system less secure. look, there are so many factors bearing on this and they suggested in the book. we used to do this math, mark, against encryption that was not universally available and when you do that game on. kick the door in. but fundamentally what happened now is it is against encryption we depend on. >> fbi goes to apple and says help us get in. they say no. let's assume this hack works and they can break in. apple has a security vulnerability that the government knows about. are they going to tell them? no, because they will not help them. >> do not presume that answer to the question that may be the government's preferred position for the moment but we had a debate about nsa and vulnerabilities and what they should do when they discover or create a vulnerability in encryption and the outc

in 1986, she moved to omb and then spent the next 18 years in the finance department.n 2004, she went to cgb first in the reference information center as a technician and then to the consumer inquiries and complaints division. according to her supervisor eric, he always told me that she wanted to make sure that she had work to do, didn't want to be sitting around with nothing to do. that was the mark she left for over three decades at this agency and all of us are grateful for her work both as a co-worker and as american citizens. secondly, i wanted to note the passing of a supreme court justice antonin scalia. he was obviously a giant in the history of the supreme court. his opinions and constitutional cases are well-known and an impact on this agency. with respect to the telecom act, for example, authored the 1999 opinion in at&t versus iowa utilities board, a first major case of which the supreme court blessed the fcc's regulation following the 1996 act. and 2004, he authored the court of supreme court versus trinco. a pretty hot issue back then. even recently he au

bausch and l omb was worth a lot of money before everybody shot against it.hen you see a wounded animal like valeant believe me you go to the doctor. hey listen that stuff you're using from valeant i don't know how valeant is doing. maybe it's time to switch to juvener or think about those accuview contact lenses. this is what happens. it's a wounded tiger. >> is it still a tiger? >> yeah. wounded tigers eat people because they can't hunt. >> they may be eating each other on that board of directors the way they must be going at each other. figure how they got themselves in this mess. >> was there a particular drug he liked? >> like the model. >> the whole model. >> that hillary clinton doesn't like. >> roll them up, use the low tax rate, don't spend a lot on r and d. keep rolling things up. incredibly low interest rates to make acquisitions. raise price of acquired drugs. >> henry silverman. >> again -- >> i did not say -- i said fhs. come on facility some hairs with me. i don't have enough to go around. >> i'm way over here. >> luck of the irish. >> we'll ge

. >> i know my agreement with the director of omb and subsequently the president of the united states is that we are requesting $19 billion for the nasa program. >> i want to get into another aspect. there's been a lot of debate over whether to limit the number after outright ban of the russian engines used on rockets launched in the u.s.. there are some who have threatened to enact a total fan, which if enacted would seriously impact missions and capabilities. what is rarely discussed is the impact such drastic measures could have on nasa. contractors for commercial crude and commercial cargo missions intended to use the atlas five -- atlas 5 rocket. science missions are also currently being designed with the intent of using reliable rockets. a couple of questions for you. if a comprehensive engine purchased on russian engines regardless of being designated as national security or scientific missions were successfully implemented, what would be the impact on nasa, and how confident are you that the number of rd 180 engines currently available will allow nasa to continue with these pl

so, the red is omb's forecast. the solid black line is actual. and the dotted black line is the new projection going forward. and then the blue -- various blue lines are other nonpartisan organizations. you can see the growth -- gdp growth is between 2% and 2.5% which is below the historic averages. as you know business investment is essential to economic growth, job creation and rising living standards. it has slowed dramatically in the last two years. so, you describe an optimistic and a pessimistic view of the future trend in business investment within your report. so, are you optimistic or pessimistic? >> thank you so much for that question. of course, i'm optimistic. and that optimism depends, you know, both on the inherent strengths of the u.s. economy and also the policy measures that we can take. you know, if you look at the unemployment rate -- and i had shown that chart in my initial presentation -- that has consistently fallen faster than our forecasts. interest rates have come in below our forecasts. and the goal of these forecasts is

then there's the review by omb which can take sometimes up to 90 days or longer. then hopefully, that process is expedited so that sometime in late summer, early fall we're in a position to provide information specifically to the public for their comment and review. at that point, any adjustments that need to be made can be made. hopefully by the time the year ends, we know what the rules will be or what they are proposed to be. >> mr. secretary, you mentioned avian flu. is there something -- this is a topic of conversation that you and i had one on one. certainly in the hearing that we had a year ago on your budget, this was a significant issue and concern. is there something that usda has learned that we would be in a better position should this kind of occurrence reappear? and then if you would bring me -- bring us up to date on what's transpired in other countries in regard to our exports in regard to avian flu. >> well, we have learned a great deal, mr. chairman. first of all, we learned that necessity of making earlier determinations and quicker determinatio

think you have a unique perspective on this issue going back to the 1990s in very senior positions at omb, the white house, the treasury and at state. so i wanted to ask, just drawing on those personal experiences over that stretch of time, how you have seen the kind of evolving roles of executive branch players, especially at treasury over that time, evolving attitudes towards sanctions and their effectiveness. >> thanks, bill. i've seen as i said in my remarks the increasing development of knowledge and sophistication in the nature of the tools we have. in the 1990s with iraq there was an oil for food program that wasn't very effective. it ended up being sir couple vented and instead of provided relief it ended up enriching many of saddam's cronies. . compare that with the experience of russia where we went in with targeted sanctions that went right to the inner circle and at the first stage had very little impact on the general public. we've learned a great deal. i'm very proud of the resources we have at treasury. it's a unit which in so many ways punches beyond its weight. it's a few

preamble to the regulation, as it is to be issued in the federal register, provides to the director of the omb, a federalism summary impact statement. madam secretary, yes or no, did the blm prepare a federalism assessment for the hydraulic fracturing rule? >> i believe we followed all of the appropriate regulatory -- >> i believe we followed all of the -- >> we seem to have this problem each time we speak. did you or did you not do this? >> i'm sure we followed all of the appropriate rules associated with it -- >> well, apparently you didn't, because it didn't happen. blm believes there will be no financial impacts to states as a result of this rule. that came from your department. well, it appears that your agency was quite wrong in this assessment. several states sued the department of the interior, alleging that irreparable harm from this regulation will occur. and as you know, a federal judge has now found that there exists, a quote, incredible threat, end quote of irreparable harm in the way of lost revenue. this finding was on the basis of the four states claiming in their briefs and ar

maintain them and the other is recognize the responsibilities of the department of homeland security and omb with respect to protecting our dot-gov domain in aity thatful way and to move away from paperwork drill system to actually real time system where we actually are able to respond in a real time basis, not like a year after an intrusi intrusion. we're happy with all of that. we have provided funding as you know for all of that, and you now have had an opportunity to begin hiring cyber warriors, how is it going? >> first of all, thank you for, thank you both of you for taking on this complex subject and pushing out a really good bill last year. in 2014 it gives us additional hiring authorities. we are competing in a tough marketplace against the private sector that is in a position to offer a lot more money. suzanne spalding and her people are making very aggressive efforts to, a, implement the 2014 legislation you passed, and b, in the interim, to do a lot of things in terms of recruitment, expediting the hiring process and so forth. we need more cyber talent, without a doubt, in dhs, i

the outcome was homicide ombing attacks every week. then we went from the defense to the offense, defensive shield operation, and we succeeded in eliminating the terror infrastructure. abu mazen enjoys it. without our operation, abu mazen wouldn't have survived. for sure. we make 80% to 90% of the job in counterterrorism in the west bank. the palestinians security apparatus, doing the utmost, 10% to 20%. so, alternative. yes, we are ready to make progress. we are ready to, as i said, to go from the bottom up, step by step, to improve the situation. and even today, talking about ordinary palestinians, we want them to live in dignity, to enjoy well-being. this is the case with most of them. if they complain, first of all, they complain to the palestinian authority, because of corruption, because of incompetence. most of the demonstrations until this recent wave of as or, is the manipulations they did unfortunately, most of the demonstrations were against the palestinian authority, not against israel. so it's matter of alternatives. we ca

if you would please work with omb to return the information for the record to the subcommittee within30 days from friday, we would then be able to publish the transcripts of today's hearing and make informed decisions when crafting the fiscal year 2017 bill. and again, we look forward to working with you. we appreciated you being totally accessible. and the subcommittee looks forward to working with you as we put this bill together for this year. tomorrow we will see the administrator of the federal aviation administration. i look forward to that. mr. price, any final comments? with that, mr. secretary, again, our secretary, our gratitude and with that, we will now close this hearing. thank you. >> thank you so much. [ background chatter ] [ background chatter ] [ background chatter ] >> march is women's history month and we're honoring it with a special discussion with richard norton smith and susan swane, to discuss their book first ladies. focusing on the unique partnerships and ambitions of the first ladies. that's saturday at 7:00 p.m. eastern on c-span. >> this weekend the c-spa

if you would please work with omb to return the information for the record to the subcommittee within 30 days from friday, we would then be able to publish the transcripts of today's hearing and make informed decisions when crafting the fiscal year 2017 bill. and again, we look forward to working with you. we appreciated you being totally accessible. and the subcommittee looks forward to working with you as we put this bill together for this year. tomorrow we will see the administrator of the federal aviation administration. i look forward to that. mr. price, any final comments? with that, mr. secretary, again, our gratitude, and with that, we will now close this hearing. thank you. >>> coming up in about 45 minutes a hearing on the president's budget for indian country including native american tribes and programs. federal officials from hud, justice interior and health and human services departments will be testifying along with a representative from the national congress of american indians. live coverage getting underway again in about 45 minutes a:00 2:15 p.m. eastern time. and o

withdrew the -- due respect to my colleagues, to t ombing ut this as -- tout this as something that's happened in the past but is corrected now and we're sailing into a bright future, i think we have a lot of work to do. thanks, mr. chairman. >> thank you, mr. chairman. i want to again say that we said the initial rollout was botched and appreciated the inspector general making it clear that a couple months in there was serious progress. mr. wyden: you all reported that after the first open enrollment, you said the agency demonstrated a strong sense of urgency to take action, accepted new work processes, and they, quote, improved the health care -- www.atlantabraves.com site un-- the healthcare.gov site substantially within two months. what were the operational and strategic changes that were made after that first open enrollment? and do you feel they're better equipped to deal with the challenge now? ms. bliss: thank you, ranking member widen, for that question -- wyden, for that question. as we discussed in the case study, some of the key strategic and operational changes that were

>> you're correct, and we are working with omb on that. we don't have anything to announce now.ut that is something that is on our radar screen and we're working toward. let me just say as well that since fiscal year 2013, that every notice of funding availability for lead assistance grants has recommended the cdc definition of elevated blood lead levels. so in the work that's being done out there, much of that reflects the cdc definition, even though you're correct, that right now there is a discrepancy between the cdc definition and hud. and we would like to bring that into conformance. >> i appreciate that. i understand the housing agencies are required to inspect the premises before people move in, something like a year after that as well. but as far as i understand, that's about the only way they're determining whether there may be lead-based paint issues. is there something else we can do to determine the level of risk out there? >> well, certainly the communities that are part of our lead hazard control grants are those that have identity issues in their public housing or

commissioner o'rielly would you be in support of the ftia in consultation with the fcc and omb helping to determine annual economic opportunity cost for spectrum in the government's possession follow that up with finding the dollar value of spectrum if it were to be used for commercial purposes? >> so some of that would require congressional changes in law. i would leave that to your capable skills. but in terms of the theory and the concepts i would. i have advocated to not only determine the opportunity costs but we actually ought to put it onto the budget of the agencies not on the private sector but the agencies themselves so they have opportunity cost, both the carrot and the stick. my colleagues have been full of good ideas on the carrot side. i want to be on the stick side as well. i think you need both parts to make it effective. >> commissioner pai. >> i agree completely with commissioner o'reel reorrin that. >> i along with senator mark warner of virginia earlier introduced a bill in virginia that would create a 16-member commission to stud yit encryption issue. many complex

my agreement with the director of omb and subsequently the president of the united states is that we're requesting $19 billion for the nasa program. >> i want to get into another aspect. there's been a lot of debate over whether to limit the number of or outright ban the russia engines that are used on rockets launched in the u.s. there are some who threaten to enact a total ban, which if enacted would seriously impact missions and capabilities for the national defense. what is rarely discussed is the impact such drastic measures could have on nasa. contractors for both commercial crew and commercial cargo missions intend to use the atlas 5 rocket which uses, as you know, the rd 180 engine for resupplying the international space station. science missions are also currently being designed with the intent of using the reliable capabilities, the ula rockets. a couple of questions to you. if a comprehensive engine ban on purchasing russia engines regardless of being designated as national security and scientific missions were sucks session flee implemented what would be the impact on nasa,

being the 76th secretary of treasury, a white house chief of staff, you mention in reference being an omb director and tons of other jobs. you've worked for a congress person. you've worked for a speaker of the house, tip o'neal. and most impressively, you married your childhood sweet heart and you're still married, the all-american dream with two children. but let's talk about you in your role. harvard graduate, georgetown law school graduate. and your close friends say you are exceedingly meticulous. some would say that you are a brilliant scholar. i think it's important when we hear the question after question that clearly you understand the question. and from where i sit, you have clearly, not only answered the question but gone far beyond the call of duty, as one in your position who is responsive for the international monetary financial policies of the trillions and trillions of dollars. you have shared with us the great growth in the economy. you have shared with us how we've reduced unemployment. and so i say to you as this congresswoman,tpykyky  proud t here, that i say to you t

david stockman, former director of the omb, joins us at the top of the hour.e real estate and hospitality industry, will be talking about the big news in that space today. ng launching the offer for starwood. john will be talking about the quad sector. you know it's a big week for central banks. fed, thehe boj, the credit suites, and the bank of england. trifecta -- it is all about the quadfecta. i'mr a four-week absence, excited. jonathan: vonnie quinn is excited. trifecta is manus cranny's favorite word. i know the fed has critics, but i've never heard anyone say they all need to resign. >> we shall see. not everyone thinks the fed is doing a terrible job, but david , whichn has a lot of use i know that you will be listening to, as well as the founding director of the brookings institution. quadfecta -- bring it on. david: i don't know what to say when surrounded by all these europeans. you get so excited. let's go back to matt now with a look at the movers. matt: take a look at apple downgraded its estimates for people who are going to upgrade. i had to upg