perdue:.ere doing when they were rationalizing on some normal level that everybody could be comfortable with. a business guy. europe,d parts of that's another dynamic of the fact that you can't generalize about the global economy right now. our economy is hot, doing very well. we produced 6 million new jobs over the last few years. the thing i look at is we have ,he highest u.s. median income but i think we will be successful in these trade negotiations any short-term and long-term. david: you have a recess coming up in august, and we have a debt ceiling issue pending. there's a proposal to have a continuing resolution for a year. you are against that. explain why. sen. perdue: number one, it is irresponsible. it is outrageous that the unit since government and united states congress historically have not funded this government on time. only four times. we have eight working days between now and this august break, which is a traditional break were senators and congressmen go back to the state

democratics member this is week wrote to sonny perdue to make sure they knew the heartships they were, they have to choose between insurance benefit or relocate to an entirely new city in attempt to find a team. how many of them have not been approved. congress is saying they want to answers by monday. as in monday, this upcoming monday. joining us now is the member of congress whose signature is first on that, jennifer of virginia. >> thank you, rachel. it's great to be here. >> let me ask about how you and your committee came into the contact with these employees who requested the hardship extensions due to their health. how did you come into contact with them? how many are in this circumstance? >> they have been contacting us about the issues they have been facing as they're making the incredibly difficult decisions on a short time line. they have been contacts us. there's a total of 544 employees who are going to be moving. we don't know what we don't know. unless they have reached it to us. that's one of reasons we felt it was necessary to write to perdue and question how many qu

obviously endorsed it, he had an event for you and senator perdue for you at the white house when you first introduced it. obviously endorsed it, he had an event for you and senator perdue for you at the white house when you first introduced it. though, repeatedly, he has been saying that we need more immigration, we need the highest level ever. you don't seem to have gone along with our program. what are your thoughts about that? sen. cotton: let me go back to act afirst wrote the rays couple of years ago, and what we hope to accomplish with it. there's no lack of people in congress focused on things like security and enforcement or our temporary guestworker programs . all things that are very immediate, sometimes people are just looking for quick fixes. nothing against quick fixes , especially when we have serious problems, like with the asylum fraud going on at the border right now, but there weren't that many people focused on our legal immigration system . to me, that is one of the cornerstones of our immigration system, because it is not only how we generate workers for our econ

sonny perdue had working sessions. wilbur ross had working sessions with their counterparts.s has all been prestaged at the highest level but these men and women went there to work. this was just not let's get on the cameras for the worldwide stage even though that's an important part of it. liz: but 11 rounds of trade talks have not yielded a deal. so we are now in this twelfth round, if they do begin and it looks like they will. but the president referenced we're making lists. let's tick through some of these things that would be on the list because he's hinted in the past that the chinese would buy quote, tremendous amounts as he just said. of what? >> the ag sector was the winner this weekend, provided, you know, president xi and his people will start -- jump-start the purchases from us as our president has said. liz: let's take these one at a time. i want to begin with soy. there was almost a good will gue gesture on friday before their face-to-face meeting. they bought something like 544,000 tons of soy. >> can you believe that? 500,000 some odd tons of soybeans and tha

but i said to sonny perdue, "so, sonny, they're targeting us." they said.ook ads in the "des moines register," anti-trump -- audience member: iowa loves you! president trump: i love iowa, too. she says, "iowa loves you." i love iowa. well, ethanol is doing pretty well in iowa too, right? but, they took ads in the iowa papers and it was anti-trump ads, right? and then they stopped buying a lot of the product -- almost everything. they stopped buying from our farmers because they knew that was my strength. the whole middle of the country is red. you saw that in that clip. that clip was fantastic. [applause] by the way, charlie, that clip was so good, i would have rather seen it a second time and i could have come on a little bit later. i like it. but, that clip was great. but you see what -- the whole center is all bright red, meaning republican. all red. and there's -- those little edges are blue. and so they targeted the red. nobody said china is stupid. and they said, "we're not going to buy product." and, essentially, they really closed it up. so we're ta

canada and mexico, agriculture secretary sonny perdue the react to criticism in moments, a big deal in administrators. >> delta adding free drinks, there is a catch. we want to bring the latest president trump tweet. talking about the economy, we have the greatest economy anywhere in the world. we have the greatest military anywhere in the world. not bad. exclamation point top story trade ab tariffs hitting america's heartland jackie deangelis strobing with farmer in georgia yesterday what they see as potential impacts from usmca yet to be ratified by congress, listen to this. >> here in georgia, across the southeast we just want to level playing field when you've got, a labor cost that are you know, 10 to 15 dollars an hour here in the states, versus you know, some places in you know, dollar an hour, 8, 10 as there are a day, comparison, it is hard to consider a level playing field. >> right now we are trying to decide how do we -- how do we prosper with lower price product, prices have come down significantly. >> trade deficit out moments ago widening to 5-month high gab grows with m

and i know, secretary perdue was over there. i think that's great. good job on 309 months for livestock. for our cattle. boy, i think it could you put some -- it would be a real shot in the arm to get a deal with japan. how important it is we get us a usmca -- why don't you talk about how important it is for our farmers? >> well, i think you said it very, very well. i think usmca is the template for the rest of the world on a full-blown fta so we must get that right so we're here to help you, whatever information you and the house need to move that through. it's a good deal. it's well done. >> yeah. it seems to me you create momentum one step at a time. if we could move usmca, if we could get something in august with japan, it's a way to continue to put a real push on china with some of our allies, you know, so i'm hopeful we can do that one fin. one final -- with the indulgence of the chair. one final thought or comment, question. to the extent we can access the cover crops on pp acres, it's a cost-effective way to help our livestock producers so i

. >> senator perdue. >> chairman, thank you for your forbearance, your second day going through this i would like to get back to a topic we covered a little bit earlier. today we have in the world about $60 trillion of sovereign debt united states has about 22 of that corporate debt since 2008 in the united states, between the last decade, between '08 and '18, about doubled. but still only represents about 4% of more than $60 trillion in overall u.s. capital market assets my question is, basically, after reviewing all the data around corporate debt, sovereign debt, and particularly the increase in corporate debt, do you believe that leverage lending has reached the point where it's beginning to be a systemic risk? in so, can you explain what information you're using to look at that? >> so as far as corporate debt is concerned, i would tell you, i do not see it as rising to the level of a systemic risk or a financial stability risk. and the risk is really held in more than half of the risk in leverage lending is held in a collateralized loan and debt obligations and those are market-b

but out of the carriage i took $16 billion to make up for the shortfall.i went to secretary sonny perdue. fantastic gentleman by the way, is he here? what happened, he's working on doing the farmers, there's a big meeting in california. i'm glad he's there. he can do more help there. i said what was the amount at its highest in china? come into the farmers, or purchased $16 billion. i said that's all right, we're taking in many times that in tariffs. we're going to help the farmers out and i did that with $16 billion, same thing as if they bought.and yet the farmers don't even want that. they just want to make a product and sell it. but it was just a small percentage of the tariffs that we're taking in and we have a long way to go as far as tariffs. we had another $325 billion that we can put a tariffs on if we want. so we're talking to china about a deal. but i wish it didn't break the deal that we had. we hada deal where china opened up . we had a deal where their intellectual property theft would be taken care of because it's estimated that they steal $300 billion worth of intellectua

so i asked our great secretary of agriculture, sony perdue what kind of number are you talking abouthave they left. >> he said $$16 billion taken off the table. i said that's okay. we've taken in many times that in tariffs. so i'm gichg the farmers we're going to help them out because they are great patriots. we are giving them $$16 billion. that's been approved. i approved it. so our farmers didn't lose anything by the fact that china targeted our farmers. they targeted the farmers. they said you know, president trump did great with the farmers. the farmers love him and he loves them. so we'll hurt the farmers. well, the farmers are patriots. i had not had one farmer say please make a fastest deal, sir. the biggest beneficiary will be the farmers. but the $16 billion that wasn't spent we're putting back into the farm and ag systems and the farmers are thrilled. i must tell you that. and we're taking the toughest ever action to confront china's chronic trade abuse. we are they were doing numbers on us for years. i watched sleepy joe biden saying we would fight china on trade. he didn

i went to sonny perdue and said how much has china spent, let's say in just about the biggest year.said $16 billion, sir. i said here's what i'm doing. i'm giving our farmers $16 billion out of the tariff which is frankly are much more than that. i shouldn't say that because they'll ask for more. but they are. the tariffs are far more than that. and a lot of companies -- companies are leaving china now because they want to go to a non-tariffed country. some of those countries are coming here. it's been incredible. we're taking in billions and billions of dollars, giving our farmers a jump because they were targeted. these are great american patriots. i i'll tell you irk didn't see anybody -- they do focus groups on television, even under the real ones on television, where you'd think the farmers, no, it's not like things are perfect but we're with the president but now things are pretty good. we're doing $16 billion, that was the most china ever purchased and some of the farmers are really doing well. we're over the hump, we're doing well. in the meantime our government has billions

i went to sonny perdue and said, sonny, how much has china spent, let's say in just about the biggestr? he said, $16 billion, sir. i said, here's what i'm doing. i'm giving our farmers $16 billion out of the tariffs which frankly are much more than that. i shouldn't say that because they'll ask for more. [laughter] president trump: but they are. the tariffs are far more than that, and a lot of companies are leaving china now because they want to go to a nontariffed country and some of those companies are coming here. it's been incredible. we're taking in billions and billions of dollars and i'm giving our farmers a chunk because they were targeted. these are great american patriots. i'll tell you, i didn't see anybody -- you know, they go and they do these focus groups on television. even on the real fakers on television, where you think would be the farmers are -- no, it's not like things are perfect. but now things are pretty good because we're doing $16 billion. that was the most china ever purchased. some of the farmers are really doing well. i think they're really -- we're over t

perdue pharma switch is the formula for oxycontin.chen the heroin starts because the pills are no longer affordable or crushable. then he starts doing heroin and his problem gets out of control. he ran out of money and lost his job. he robbed the first bank poorly and got arrested -- carol: with his son! >> yes, there are a lot of said elements. he was not convicted and let go, he's in bad shape. he says he gives money to support his habit and also his mother. , andes robbing banks because he is an engineer, he is very good at it. he does not carry a weapon. he says he know they will give me the money if i ask for, and a five smart and fast enough i should not get caught. -- if i am smart and fast enough, i should not get caught. jason: what is his mindset? what is he thinking? >> at the beginning, i think he is thinking i won't get caught. i have done a few stories, and they all tell me it is one of the best adrenaline rushes. i think he got somewhat addicted to that as well. but by the time the street comes to an end, he says he was

another senator and agriculture is part of his issue, david perdue of georgia. course, i would not do that. >> i can't hear you? [laughter] >> my answer would be no. i have kind of said what i intended to say on the subject, and what i have said is that the law clearly gives me a four-year term and i fully intend to serve it. tom: like all of them, he has improved with time, has press conferences getting a pace we had not seen early and certainly with maxine waters, a more relaxed chairman powell. aristopher grisanti has had better 2019. the ibbotson chart, the dow log slope matters, and you are a little bit below trend but we are not above 2000 trend, are we? chris: no, we are not. havenot recall a period we climbed a wall of worry such as this. we have people screaming from all corners that the world is slowly, people adding accommodation when unemployment is low because they are worried. the path of least resistance is upward. tom: health care got hammered. down go the issues and people step by them. what is the time of recovery? tough health care is a one be

reduction in emigration and the president obviously endorsed it, he had an event for you and senator perdue for you at the white house when you introduced it but this year repeatedly he's been saying we need moreimmigration, we need the highest level ever . you don't seem to have gone alongwith that program . i was wondering what are your thoughts about that >> let me go back to why i first wrote the rays at a couple of years ago and what we hope to accomplish with it . there's no lack of people in congress focused on things like security and enforcement or our temporary guestworker programs. all things that are very immediate, sometimes people are just looking for quick fixes. nothing against quick fixes especially when they had serious problems like we do with the asylum fraud going on at the border there weren't that many people focus on our legal immigration system and cornerstone of our immigration system is how we generate workers for our economy but citizens for our country and that's what we ultimately should focus on bringing in new citizens will contribute to the american story an

i went to secretary perdue -- fantastic gentlemen, is he here? what happened? working with the farmers. i am glad that he is there. he can do more good work there. what was the amount at its highest that china pumped into the farmers? $16 billion. i said that is all right. we are taking in many times that in tariffs. we are going to help the farmers out. and i did that with $16 billion. it cost us nothing. yet, the farmers don't want that. they want to make the product and sell it. but it was a small percentage of the tariffs we are taking in. we have a long way to go with tariffs. another $325 billion we can put a tariff on if we want. we are talking to china about a deal. i wish they didn't break the deal we had. we had a deal where china opened up, we had a deal where there would be intellectual property theft, would be taken care of, because it is estimated the a steal $300 billion worth of intellectual property a year. who knows? that is what they tell me. that is a big number. how they get to that number? i will accept that they are experts, that is what

>> the president has their back as you know, sonny perdue is providing some assistance at osaka and president trump stood up for the farmers, the president xi jinping made a comment that the president was on the side of the former. they made a promise we will see if they keep the promise. in dothe meantime soybeans are important. let's see what happens but john j trump had the back of american farmers. david: brazil now has 52 percent of the chinese market. we have 31 percent. do you think we can reverse those numbers if we get a deal? >> of course, let's see what happens. i think that what's important now is to let the discussions happen behind closed doors, was there done it will be full transparency but in the meantime let's stay focused on the prize. remember david, what we are fighting for. you would agree with me i think every single panel would agree with the statement, where to stop china from doing the following cyber intrusion into our networks, forced technology transfer, intellectual property theft, dumping unfairly subsidized products into our markets. state owned enterprises con

dramamat silenenprotest by over a dozen employees who ood d up and tueded the b backso ththe age perdue was sakaking om. employees stst nowecide whether to move orosose thr jo. politico irereportg a a suey showthat four out ofive in place of decide to quit thato reloce. nurous scitists, lmakers, agricuural andnvironmeal grps have lled outhe move by pere, whichhey warnill ha employe of the ency and farms, and ipart of e trp adminiration's agen to suppss climateesearch. last month, politico reported the agency stopped promoting dozens of publicly funded, scientific studies about the impacts of climate change. democrats have thus far been unsuccessful in their attempts to stop the move through legislative and other measures. mamany of those who were being forced to move our economist & economistsnsible -- & tests responsible for cutting-edge climate research and this country. president trump has requested a military spectacle including tanks and fighter jets for the upcoming fourth of july rate and his address to the nation. officials have raised concerns abouout the balloonining cost oe e

as you know, sonny perdue is providing some assistance at osaka. president trump stood up for the farmers. in fact, president xi made a comment about how president trump was the guardian of the american farmer. the chinese side promised to make immediate and significant purchase of agricultural products. let's see if they keep that promise. but in the meantime, you know, soybeans are important, and let's see what happens, but donald trump has the backs of american farmers. david: brazil now has 52% of the chinese market. we have 31%. you think we could reverse those numbers if we get a deal? >> of course. let's see what happens. i think that what's important now is let these discussions happen behind closed doors. once they are done, they will be full, full transparency, but in the meantime, let's stay focused on the prize here. remember, david, what we're fighting for here. you would agree with me. i think every single panelist would agree with this statement, we have to stop china from doing the following, cyber intrusions into our business netwo

perdue: thank you, sir. thank you, mr. chairman. sen. king: welcome, mr. secretary. thank you for your service and your willingness to continue to serve. you made a point that sort of jumped out at me that i hadn't thought about explicitly before. our adversaries don't have allies. we have allies. sec. esper: that's right. sen. king: that's one of our asymmetrical advantages that we should maintain, it seems to me. you concur, i assume? sec. esper: i absolutely concur. good alliances are made of strong, capable partners. that is why when i went to n.a.t.o. to tell them how much i support the alliance, i reminded them, too that they also have article 3 commitments to build their own capacity and build their own capabilities, and that means living up to what the obama administration did a very good job at. that is advancing the well summit initiative that everybody commit at least 2% of gdp to defense. and we are far away from that right now. but a successful, collective security depends on everybody doing their fair share. sen. king: absolutely. but the line is that w

. >> in a press release, agriculture secretary sonny perdue says we are doing it to enhance long-termility and success of these agencies but these employees warn this could just be the beginning. >> is this a symptom of a larger issue? does this stop with your agency or do you think it will affect other agencies? >> what we're afraid of this might be a blueprint for dismantling a federal agency. >> sounding the alarm from washington to the heartland. >> so for those employees who do decide to move they haven until september 30th to relocate. we've reached out to the agriculture secretary if multiple times and have not heard back. multiple letters to the administration have been sent asking for more time. >> morgan, we'll see you at 2:00 when you fill in for katy tur. >> see you then. >> okay, sounds good. >>> made in america product showcase, live pictures you're looking at right there. we're watching to see whether he addresses the controversy surrounding his tweets about the four democratic congresswomen of color. we'll be right back. we'll be right back. r strength ! whoo-hoo! grea

billion fund to purchase certain excess crops as there was last year agricultural secretary sonny perdued the program was entirely justifiable when asked about funding farmers hit by trade war versus businesses in other industries he also discounted the idea that farmers are getting overpaid, saying that academics who are calculating the cost of the trade war are not the ones struggling to pay the bills. he does believe china could still buy farm products at president trump's insistence and suggested some of that may already be happening or be in the works right now. he says there are no plans for a 2020 aid program, but he also said he didn't believe there would be one this year he said he will be monitoring the trade situation throughout the fall to see how and went anymore payments should be made. carl >> all right ly take it, kayla, thank you i will take it, that's a big deal certainly with the political season gearing up. and when we return, back to tesla, those shares continue to get crushed this morning tesla bull and elon musk's favorite youtube analy jns lerhihourstoi stay with

and david perdue, in a compromise neither side gets 100% of what they want. the bottom is with 15 working days until the end of the fiscal year on september 30, congress can't afford to waste any more time. just some of the tweets in response to that deal that was passed yesterday in the house. again you can make comments to the larger issue of the republican party if you think it's one of fiscal responsibility. from new castle, pennsylvania. hello. caller: hello. good morning. don't worry about the name. i think the -- i was impressed with your pennsylvania representative that was on there. i don't know him, he's in a different area. i think he had good comments about the budget. why they did pass it. as far as the tax cuts i think the one thing -- lady did say about cutting donations and things like that were wronged. i think the amount that corporate was charged, was it 30%, 35% definitely needed to be cut down to 21%. some lower factor. i think the democrats, they are just horrible. this immigration thing, we should have built a wall. host: back to fiscal

in a call yesterday, agriculture secretary sonny perdue repeatedlyited the case of one retireminnesotamillionaire named rob undersander. this is him in a video produced by a conservative advocacy group. undersander was able to enroll in the food stamp program and says he received benefits for almost two years. he says he did it to prove a point and gave the money to charity the administration said closing this loophole would save two point five billion dollars and remove about three milon people from eligibility. joining me now is elaine waxman, she's a senior fellow at the urban institute where she studies federal food programs like the snap program. >> thank you for having me. >> brangham: so if these rules go forward, the administration says about th e millionpeople will be booted out of the food stamp program. what do we know about who tse three million people are? >> so what we know about those who areikely to be affected by the rules change should it go arrough is that they typically working families. they have low earnings, because they can still qualify for snap benefits. but t

senator perdue. >> mr. chairman. good to see you again. thank you for your forbearance, your second day going through this. i would like to go back to a topic that we covered just a little bit earlier. today, we have, in the world, about 60 trillion dollars of sovereign debt. united states has about 22 of that. corporate debt since 2008 in the united states between, the last decade, between 08 and 18 about double. but still only represents about 4% of more than $60 trillion overall u.s. capital market assets. my question is basically, after reviewing all the data around corporate debt, sovereign debt, and particularly an increase in corporate debt. do you believe that leverage lending has reached the point where it is beginning to be a systemic risk? if so, can you explain what information you used to look at that? >> so, first, as far as corporate debt is concerned, i would tell you, i do not see it as rising to the level of a systemic risk. and, or a financial stability risk, which we think of as something that could threaten the functio

. >> when we come back, georgia's senator david perdue on issues in washington that mean something tore, these comments are next ecouthfutures. dow futures indicated up by 66 points we'll be right back. that means . we create financing options for your customers. to help them get the things they love instantly. our data provides insights into what your shoppers have already bought. so you can offer them what they might consider buying next. our financial and tech solutions are changing what's possible in all sorts of ways. so, how can we change what's possible for you? has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote

i went to secretary sonny perdue, fantastic gentleman. is he here? what happened? he's working with the farmers. they have a big meeting in california. good. i'm glad he's there. he can do more help there. he's done a fantastic job. what was the amount at its highest that china, 16 billion dollars. i said that's all right, we've taken many many times that in tariffs. we're going to help the farmers out. i did that with 16 billion dollars, cost us nothing. same thing as if they bought. and yet the farmers don't really want that. they just want to make the product and sell it, but it was just a small percentage of the tariffs that we're taking in. and we have a long way to go as far as tariffs with china is concerned. we have another 325 billion dollars that we can put a tariff on, if we want. so we're talking to china about a deal. but i wish they didn't break the deal that we had. we had a deal where china opened up. we had a deal where there would be intellectual property theft would be taken care of because it'si isist -- estimated they l intellectual property a

rebuild the military right now. >> great to have you on the program thanks so much senator david perdue burgers. >> bill gates knocked off post as world's seconds richest person in the world we tell you who snagged his spot coming up. back in a minute. ♪ ♪ ♪ most people think a button is just a button. ♪ that a speaker is just a speaker. ♪ or - that the journey can't be the destination. most people haven't driven a lincoln. discover the lincoln approach to craftsmanship at the lincoln summer invitation. right now, get 0% apr on all 2019 lincoln vehicles plus no payments for up to 90 days. only at your lincoln dealer. supreme court justice john paul stevens passed away cheryl: that is right a statement from the supreme court says that stevens died of complications from a stroke. the navy veteran pointed by president gerald ford in 1975 he served through 2010, president trump offered condolences, saying quote his passion for the law and for our country, will not soon be forgotten he was known for humbleness and fate in the law was 99 years old. >> servers are watching, bank of america thi

in one example, is president trump's very quick direction to secretary perdue and he to us. and my colleague rob johansen here, to create a relief strategy to sustain this mitigation that allows agricultural producers some income while the administration needs to work on free, fair and reciprocal trade deals, atp or ag trading promotion two is a part of that now, and is assisting now and will assist exporters maintain and develop new market exports. happy to talk about that. my challenge, i embrace secretary produce charge to be agricultural's unapologetic advocate around the world. and i hope i'm doing that. my most important role though is building personal relationships with foreign buyers, government officials, farmers, ranchers here and abroad, and so many others that results in facilitating trust, understanding and progress and i think we are making headway. happy to discuss that more if you wish. i just returned from a mission to columbia last week, thank you to you all and many others for the columbia free trade agreement all is going well there. there is always issu

secretary of agriculture, sonny perdue, took issue with this particular study and wrote an op-ed in theg quote, they neglect to mention farmers already face such competition under nafta and they overlook the ways the administration is fighting for a level playing field in the seasonal fruit and vegetable market. so it is important to note here that it's not like the farmers had something and it's being taken away from usmca. nafta was not a great deal for them either. usmca has improvements across the board that certainly seem better. a lot of the farmers that i spoke to here, though they don't necessarily see the relief that they're looking for in usmca, they say they support the president. they support what he's trying to do, but in this last-ditch effort, they are just asking for a little bit more help with their cross-section, their piece of the pie. neil: thank you very, very much. good reporting. jackie deangelis. >>> a lot of these farmers are also saying you know, we don't really benefit whether you give us some credits or special allowances to make up for this because it doesn'

you look at people like david perdue and marco rubio and james lankford and ted cruz, i cannot name everybodybut there is a bible study here in the senate, there's a bible study in the cabinet and the other day, i cannot remember we were but we were at an event in the former senator who is now the ambassador for religious read him at the state department told me, he said i cannot walk at the white house, here on capitol hill or in any cabinet department building without running into somebody who is a committed believer, be, somebody i've worked with for at least 20 years. in advancing our pro-family, pro-life agenda. when the pro-family, pro-life movement upon the beaches of our political system in the late 70s an early '80s and helped elect ronald reagan, nothing against the many fine people who serve him. reagan was often the only conservative in the meeting, he was the only one. we had reliant him. now, the people all over this government and i will tell you as somebody who goes back to that time, there are more christians serving in the cabinet, serving in the white house staff in the sub

senator perdue said yesterday that 40% of the increase in the spending of this budget agreement, in the discretionary side, is to help veterans with the choice program. so it's not even in the national defense part of the budget. it's in the nondefense part of the budget. helps veterans. so 40% of this increase is helping veterans on top of what we spend for defense and still we keep the spending at about the rate of inflation. that's not the source of our budget deficit. it's important for the american people know that republican majority in congress has worked together with democrats to provide record levels of funding for science, research, and technology. in the senate, that's been senator blunt of missouri and senator murray of washington state who provide the leadership for that in the appropriations committee. in april 2016, francis collins, director of the national institutes of health, told our appropriations committee -- i am a member of that, as are others -- senator durbin and others, we work on this together -- that with adequate and consistent funding, he could make ten bo

. >> go perdue. >> 50 years ago that man walked on the moon. >> i'd echo what was said here. one of the key things we're doing as nerc is taking a risk based effort to everything we do. which standards are applicable to which entities and what do we audit, so on and so forth. there's a clear recognition that one size fits all doesn't work in this area. so in terms of striking that balance you have to make sure you're focussing on the most important risks and not leaving yourself exposed on the other side. >> thank you, mr. chairman. remind everybody ♪ the stars at night are big and bright ♪ >> the gentleman from texas your time is up. and we recognize the gentle lady from new hampshire for five minutes. >> thank you, mr. chairman. i appreciate it. and thank you to all of the folks we have here today. this is a very important issue. i know people in new hampshire are concerned about the critical importance to our families and to communities all across the country. and it doesn't typically get the attention it deserves so i appreciate this hearing. ensuring that our electric gr

so i asked your great secretary of agriculture, sonny perdue, what kind of number are you talking aboutthey left? $16 billion, sir, taken off the table. that's okay. we've taken in much, much more, many times that in tariffs. so i will give the farmers, we're going to help them out, because they are great patriots, we'll give them $16 billion just did, been approved. i approved it. so our farmers didn't lose anything by the fact that china targeted our farmers. they targeted the farmers. they said you know, president trump did great with the farmers. the farmers love him. he loves them. so we'll hurt the farmers. well the farmers are patriots. i never had one farmer say, please make a fast deal, sir, please make a fast deal. the biggest beneficiary will be the farmers but the 16 billion that wasn't spent was putting back into the farm and ag system and farmers are thrilled, i must tell you that. [applause] we're taking the toughest ever action to confront china's chronic trade abuse they were doing numbers on us for many years. i watched "sleepy" joe biden talking about we'll fight chin

. >> thank you for your time david perdue. >>> coming up, netflix losing two most popular shows, is it or has netflix aealrdy won the game we'll discuss thatf a the break. we'll discuss thatf a the break. >> hey. ♪ ♪ so whether i'm processing claims due to this fine gentleman... (car engine starting) or suggesting pr>iums for this young lady... ai can help change everything at this company. expect more from ai. ibm watson. jimmy's gotten used to his whole yup, he's gone noseblind. odors. he thinks it smells fine, but his mom smells this... luckily for all your hard-to-wash fabrics... ...there's febreze fabric refresher. febreze doesn't just mask, it eliminates odors you've... ...gone noseblind to. and try febreze unstopables for fabric. with up to twice the fresh scent power, you'll want to try it... ...again and again and maybe just one more time. indulge in irresistible freshness. febreze unstopables. breathe happy. mno kidding.rd. but moving your internet and tv? that's easy. easy?! easy? easy. because now xfinity lets you transfer your service online in just about a minute with a f