is atcongressman paulsen our desk. and nevertheless taken up the issue of the of euro crisis did dust opioid crisis. -- the opioid crisis. opioids affect people from all walks of life. can you give people a sense of how widespread the epidemic is? >> minnesota is not one of those states where it's been high in the radar the last couple of years, but there's no doubt that the trend has been increasing. it is not just in the urban core. it is affecting people in rural communities and the suburbs. heroin is easily accessible. the death of prince was a fentanyl overdose. in the county i represent, there have been more deaths in may than all of last year. resources for long person and education is really critical at this time. for law enforcement and education is really critical at this time. host: do you think the republican plan to replace the affordable care act does some of the things? >guest: there's a $15 billion st of money set aside that can be used for mental health, for opioids and $100 million for states to targe

jim paulsen is back?> i'll outlast you, joe >> and welcome back to jim >> what did you think of what he said >> i think, you know, unfortunately you want to create some conflict but we agree with a lot of what he said. >> i don't want to create conflict >> but the big knock in the market this year has been that it was this four, five tech stocks driving things and then, whereas the rally was confirmed the entire time. now that the big large cap tech stocks are fallen under pressure, we've seen the slack pick up from other sectors, financial sector, every stock in the sector closed above the 50-day moving average yesterday and that's only happened a handful of times in the last 15 years. so we're seeing the slack pick up now people are saying this weakness in the tech is a sign of underlying weakness in the market i mean we can sit all day reasons why stocks should be going down, but they're not and i think that's the most important thing you have to take into account here. because the market rally yesterd

and jimus, alan krueger paulsen.worried about high risk tolerance, but that shakeup that has happened in treasuries, bunds, yields, what do you make of that? jim: i think we are turning the corner. this has been a bull market where the least risk assets have been some of the best performers throughout. trim therue in bonds, stock market. but i think in the balance of the recovery, we are going to shift to where risk assets do better relative to risk averse. we are starting to see that here in the last year, where in the stock market, for example, the favorable dividend aristocrats have underperformed a fair amount. we are starting to see more cyclical sectors take leadership. growth andontinue if interest rates dominate in the balance of this recovery. i think that is what we are seeing and probably will deal with. jonathan: if you asked someone about yesterday's big move, they may pick a soft french auction. europeanou think the central bank has learned from 2013 and how likely are they to apply it? alan: first of a

to show that you have to have a diversity of different kinds of people in any these places.n erik paulsen is not the same kind of representative as mark meadows from north carolina. they have different folks they are appealing to, and that is why they are winning in their districts. they are finding a different way to represent the people and their districts. that is what democrats would need to do to take back the majority. with amoderated a panel ,epresentative from washington a representative from missouri, and senator manchin, and they are pretty center of the road. they talked about needing to be a different kind of democrat, needing to show that they were listening to people who did not agree with them, that they would engage with people and understand with their concerns work and not just dismiss them, and that they were not focused on trying to turn out the base. host: is our in areas that do pretty well economically, educationally, everything like that. then there are these left behind areas that you spoke about. what is special about the people in those areas? guest: i think dem

andrew and becky are off today our guest host is jim paulsen., jim paulsen, chief investment strategist at the leuthold group you're back, bigger than ever. bigger than ever did they pull you back in? >> just like -- >> you retired -- >> couldn't stay out >> they pulled you back in let's get a check -- >> godfather 3 >> g-3 >> i was thinking planes i was thinking investment groups >> yeah, yeah, yeah. let's get a check on the markets. futures right now indicated i don't know if identify call it sharply higher but solidly higher 21 on the dow, 23 on the nasdaq, 2.35 on the 10-year last we looked yeah, exactly. 2.35 and oil prices back above 45 for now up 65 cents. wti crude up 1.47% right now >> among today's top stories, janet yellen is heading for the hill today the fed chair will testify before the house financial services committee this morning with another appearance tomorrow before the senate. imf managing director christine lagarde told cnbc she would not rule out another financial crisis >> i wouldn't exclude that there may one day be ano

clark >> erik paulsen discusses the -- epidemic. they will discuss benefits. be sure to watch c-span's "washington journal," live in. join the discussion. senior white house adviser and son-in-law jared kushner spoke to the intelligence committee about the ongoing russia investigation. he made a brief statement about his testimony. that is next on c-span. president trump holds a health mitch mcconnell said earlier they will take a procedural vote on health care tomorrow. we will hear from senate majority leader chuck schumer. a house panel gets an update on .order technology security we will hear from the acting head of the u.s. border patrol. in the afternoon, a hearing on u.s. policy towards north korea. they testify before a -- you can watch both hearings online at c-span.org or listen with the c-span radio app to -- app. adviserrks from senior jared kushner after his meeting with the intelligence committee staff about russia's involvement in 2016 elections. he spoke outside the white house for just under five minutes. >> my name

paulsen, for five minutes. mr. paulsen: mr. speaker, the fourth line in the warrior ethos reads i will never leave a fallen comrade. every soldier who passes through the army basic training knows this model and truly it is the spirit of our entire military. currently more than 75,000 americans are unaccounted for from conflicts ranging from world war ii to the war on terror. we must continue to vindicate the spirit of the warriors ethos and aid our military to make sure that we never leave any service members behind. which is why i'm co-sponsoring a resolution for the creation of a select committee on a pow-mia affairs here in the house. this committee will be responsible for investigating these unaccounted for service members, and finally bringing peace of mind and closure to their families. so, mr. speaker, it's appropriate that we not abandon this obligation and that we help our brave service members never leave behind a fallen comrade. mr. speaker, sharks are being killed 30% faster than they are able to reproduce, which is

. >> so after the break we'll check in with grant paulsen his three big take aways what he's watchingn wecame it's 7:43. ♪ ♪♪ [ crickets chirping ] [ light music playing ] you've wished upon it all year, and now it's finally here. the mercedes-benz summer event is back, with incredible offers on the mercedes-benz you've always longed for. but hurry, these shooting stars fly by fast. lease the c300 for $399 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. countless patients. countless ailments. and guess what? you can handle it all. be a leader in your field with a bsn from strayer university. a nursing program created by and for nurses. let's get it, nurses. >> 7:45. here's what's coming up. another jam packed show on good day d.c. rudolph jt austin talking about the emoji movie. >> plus director john singleton and actor damien in the loft to dish on the new hit fx

let's bring our insider grant paulsen right now 106.5 the fan outside of nats park. to talk about football than nats park. i know you're doing your radio showdown there, grant much it's good to see you. let me ask you do you think the skins have a shot at the playoffs with what they have to work with retama? >> clearly a shot absolutely. two years ago they made the playoffs. last year they a weak 17 game to get in. i can see something similar thi& year. i think the thing working most against them, fellas, this is a really tough division. the cowboys coming off 13 wins wil be good. they made the playoffs last year and you got to look another guess much better team, too. i just think the division is tough and that's why i wouldn't pick them to make the playoffs, but absolutely, they shall should be in the mix in december. >> i know it's early on. first day of training camp i want to talk about the receiver position because you lost two heavy hitters. pierre garson and desean jac jackson. now you're pretty much, we still have jordan read when he's on the field. what do

paulsen: spreek, we continue to hear about the challenges for ol college students who borrow more and tuition ratesgher and saddled with huge dead lotes they will have great difficulty paying back. the average debt for a four-year college student today is nearly $37,000. we need to explore new ways to ensure every student has the opportunity to go to school, develop their schools, and pursue their dreams without feeling deterred by the price tag. i think we need to look at a new approach. an approach that would help students pay for college. it's a concept known as an income share agreement. it's tuition rates and a concept that would allow students providing them the funding that they agree to pay back as small, affordable portions of their income over the years following graduation. income shared agreements are interest free and students will only make those payments if they are employed and receive an income that meets a certain threshold. his method of financing puts less pressure on students to keep up with fixed high interest payments while they are faced with job uncertainty. r

kirk paulsen has been a train operator for 23 years.e says the new cars are a lot different from where he sits. >> just the cab makeup, the windows, lighting, the ventilation. monitoring system. >> reporter: b.a.r.t. plans to introduce the new cars to the public in september. the ten pilot cars will run as a single train, not mixed in with the old ones. laura anthony, abc7 news. >>> well, late night muni metro riders will face delays tonight and every weeknight the next month because of subway closures. starting at 9:00, the metro subway will close between embarcadero and west stations. the tracks are closed at night and all day on the weekends. shuttles will be provided. >>> 500 cafeteria workers at facebook voted to join a union, part of a growing movement among low wage workers to get higher pay and more benefits. here's david louie. >> reporter: the numbers keep growing, 500 cafeteria an workers at facebook joined nearly 5,000 other who's voted to unionize in the past three years. jackie says the process is empowering. she has worke

when they were put into conservatorship, treasury secretary paulsen noted that, quote, policymakers must view ds next. as a timeout when we stabilize gses while we decided their future and structure. almost nine years into this timeout the federal governments domination of housing sector has grown and is greater than it was before the crisis. fannie, freddie, the fha and the department of veterans affairs now by the combined share of 80% of the purchased mortgage market with the remaining 20% held by private financial institutions. after reaching nearly 30% of the market before the crisis, private label securitization has dwindled to almost nothing today. the two gses remain in government conservatorship with associated contingent liabilities to u.s. taxpayers. van every have remained in just over 270 billion of profits to the treasury, more than paying back the government initial investment however under current terms of the contracts that govern access to refunds, their capital will decline to zero by january 1, 2018. today fannie and freddie have more than $5 trillion of corporate deb

the last one was henry paulsen in 2006 and it's because the program is fairly unworkable. it doesn't really solve the problems people are after. but if we could come up with a new mechanism that actually created blind trust you would actually have a new level of protection against conflict of interest that we have never seen before. and what i would like to do is authorize managed accounts rather than trusts. you can walk into a financial institution right now and say i'd like to sign up for a managed account and somebody will buy and sell assets for you and it's not going to qualify as a blind trust. but if we could have some requirements to ensure you don't know what they're buying and selling, that would be so feasible to be able to just enter into it, that you may even get to the point where you are not -- where you not only have top government officials entering into these things, but people at all levels. and i'd love to have a day where instead there are reporting there are zero i could report there are 4,000. and so that's one thing that i think could really make a

. >> representative eric paulsen from minnesota and i sleep on a mypillow ever night. have the privilege of representing a lot of michael's workers right home in minnesota. >> great relationship too. >> good afternoon, mr. president, my name is stephanie mcdonald. i am the cofounder of authenticity 50. we are the only company making 100% seed to stitch bedding here in america. as we like to say, here we go. as we like to say we're bringing it back to america one sheet set at a time. we sure do hope to have our bedding in the white house one day. [laughter]. >> sounds like a very good idea. >> i'm jimmy mcdonald, i'm the other cofounder of authenticity 50. let's be honest, she is the boss. i learned that much. >> mr. president, mr. vice president, secretary acosta, thank you so much for doing this. this is remarkable event. it is showing true leadership making america great again. we appreciate what you're doing. i'm david costello. i'm executive director of warrior protection panned readiness coalition. we manufacture your bod i armor, ballistic helmets, body armor and

erik paulsen from minnesota. did i say that right? minnesota? and tom reed from new york. with that, i will yield five minutes to the gentleman from the state up north from ohio, mr. levin. >> you're still bitter about some of the back and forth between our two states. judy chu and ron kind. earl was here part of the time. so dr. miller, welcome. as i read your report, your testimony and also the executive summary, i was just struck by the thoroughness of the work you do. a lot of the issues are controversial. i remember when we first talked about controlling payments to physicians. and the heck that we received and how much controversy there was. and you thought the sky was falling and it would never work out for physicians. and i mention that because i really think your report, and it has areas where there are differences of opinion -- your report shows how successful this has been, this program that is in some respects a public but not only public but public and private partnership. and with a lot of back and forth from the private sector, as reflected in your report, a

introduced by senator orrin hatch of the senate finance committee from utah, and congressman eric paulsen who is a member of the house ways and means committee and this bill would go a long way in taking some of those incremental steps not as far as you would like us to go at this point but not only to allow more americans to have hsas but to raise contribution limits and provide more flexible uses for the hsa funds and it gets into things that are more along the health spectrum such as allowing individuals to use funds tax-free to pay for certain exercise equipment and physical fitness programs which need to be on our list. some diet and nutritional supplements, that could be helping us maintain our health. we need to look at those ideas and maybe combine them with the broader concept of health and not just limiting it to medical care. i suspect in the short term the irs and those who are budget scorekeepers will tell us this will bust our budget and lead to a dramatic increase in tax expenditures until we figure out a better way to capture the impact on our health and longer-term payoff

paulsen: address the house for one minute and revise and extend my remarks. i rise today to remember an extraordinary 13-year-old from eden prarie who passed away this week. she played hockey and lacrosse. she attended central middle school and people noted her love for music. this past february, she was diagnosed with an acute form of cancer. nd she underwent a bone marrow transplanlt. she was spirited and people remember her warm smile. over the weekend in memory of kate they began putting orange balloons on the streets and bridges. driving around eden prarie, shows that she touched many lives. i want to extend my thoughts and prayers to the family. she will be missed but her spirit will not be forgotten. the speaker pro tempore: for what purpose does the gentleman from illinois seek recognition? >> permission to address the house for one minute. the speaker pro tempore: without objection. the gentleman is recognized for ne minute. >> mr. speaker, last week, the "washington post" reported that president trump was considering pardonning his aides, his relati

most notably, a bill introduced by senator orrin hatch, the chair of the finance committee paulsen, and erik member of the house ways and means committee. at this would go a long way taking some of the incremental steps, not as far as you would like us to go at this point but to allow more americans have hsa's and to raise contribution limits to provide a more rough flexible use for the hsa fund. and it does get into things that are more along the help spectrum. such as allowing individuals to use their funds, tax-free, to pay for certain physical fitness programs which i do argue needs to be on the list. some diet and nutritional supplement. again, things that could be helping maintain our health. and we need to look at those ideas and maybe be combining them with the broader concept of health and not just limiting that to medical care. i suspect that in the short term, the irs and those who are budget scorekeepers will tell us that this will bust our budget and lead to a dramatic increase in tax expenditures until we figure out a better way to capture the impact on our health payoffs.

paulsen: i rise to congratulate james hartman who won the federal duck stamp contest. james is picking three geese. ince 1934, sales have raised $950 million for the conservation of wetlands all over our country. the money helped raised to help preserve habitat and provide a clean water for many communities throughout the nation and last fall, a panel of five judges selected james' submission marking the fifth time that he has won the competition and two other artists won the federal duck stamp stamp contests. and the people of minnesota are proud to see a gifted artist to use his tall especially for such a great cause. we wish him the best. i yield back. . . the speaker pro tempore: the house will come to order. for what purpose does the gentlewoman from illinois seek recognition? -- the gentleman from illinois, sorry. without objection the gentleman s recognized for one minute. >> mr. speaker, over the fourth of july district work period, i met with my constituents across chicago's west and northwest suburbs. despite the range of our groups and communities i spoke wi

elects republicans that maybe wasn't overwhelmingly pro-towns, but certainly not going to push erik paulsenongressman out of office. abby: that is what you have to ask the people running for election. many of them in very tight races. do they want hillary clinton there campaigning for them. she lost the last election. the future of the democratic birdie is not the clintons as much as the democrat. there's a real movement when i talk to democrats to want to move in a different direction. abby: you hear them want to say that. >> you see politicians as they've given time, often it doesn't work out. you move on and live your life. he can help out in certain ways. to remain the leader of the party can effect to wake up and say there needs to be change. >> was there ever a moment they said hillary clinton, great campaigner. people relate to her. she botched two opportunities to be the fema president of the night date and was able to win because she ran a terrible campaign. if that's what i want to embrace an appeal to the voters have lost? >> they've got nancy pelosi. >> keep it up. >> we will se