representative peter welch coming up.t. and governor jennifer grandholm, maybe you have heard of her from "the war room" right here on current tv in hour number 3. and we're going to continue to talk about the zimmerman case. and by the way mitt romney will have made up a new statistic about how many women the president has put out of work. 124.5%. >> everybody has loaded the liar cannon on that one. >> and he continues to say it. he stood there awkwardly with some women business owners and repeated it. right now jacki schechner in the current news center. >> good morning, everyone. today is the sixth anniversary of the massachusetts health care reform. president obama shows mitt romney talking about how proud he is of the new plan, and health care experts talking about how they worked on both the romney plan and national health care reform. >> i helped governor romney work on his health care reform before going down to work with president obama to work on that plan. >>> jury selection starts today in the john edwards tri

representative peter welch joining us now.ning. >> let's talk about why it's still important the buffet rule and where we go from here. >> well, i think there is two things, one, there is a basic element of fairness, and when people know the fix is in, and they are getting ripped off on the tax system, it creates a lot of bitterness and rightfully so. the buffet rule says if you make over a million dollars you pay 30%. but the second point -- and this is something that the president is making. the income inequality we have in this country is the worst it has been since the depression, and you can't have a strong economy if you don't have brood-based income distribution. it's about opportunity and about a stronger economy. and the more we have people struggling unable to pay their bills, kids getting out of college with $30,000 in debt that's going to weaken the economy, so this is just bad for the long-term health of the u.s. economy to have this income inequality that is so perpetuated and intentfyied by the republican polici

worse and will republicans do their part to help struggling students joining me now is congressman peter welch representing the great state of vermont my former home glad to have you with this car to be here thanks for joining us the president's got it not ahead of the republicans the scenes on this issue the house today. passed the house you know the house passed the postal didn't it's the senate rather it i'll say it with this this speaker basically kate he said that they are not going to insist on doubling the interest rates to six point eight percent but they're playing some games with other provisions in the ryan budget trying to pay for it by taking it away from the health care bill but what has happened is the result of the student pressure as a result of the incredible eruption of concern by parents who are just trying to cobble together the resources along with their kids to pay for college education is that there has been a real backlash against this doubling of interest rates from three point four to six point eight percent that's a thousand dollars a year for ten years for many of

. >> joining us now, congressman peter welch, vermont democrat, and david schweiger. i've had great interaction with both these gentlemen and i look forward to sorting out this piece of legislation. i want to start, if i could, with you, peter, and specifically around the expanded ability to raise money by making it much easier for individuals to use crowd sourcing networks, kick starter, all these sort of modern capital raising vehicles and how you reconcile the obviously enhanced ability to raise money with the diminished ability to regulate people like me who take my tv show and sell blue sky and say, who wants to buy shares in the dylan ratigan share, which i don't own, and fwet a few million bucks, which really was a big issue going back to the depression which is the blue sky issues selling worthless objects. so how do you get the benefits, and how do you respond to those who say this creates also a big problem? >> well, in any kind of securities interaction, there has got to be balance between investor protections and access to capital. let me just give you a ve

. >> congressman peter welch, good afternoon. >> what i see as arrogance and complacency, the senateeven planning to vote on the college loan legislation until after another recess next week. we have high school seniors getting acceptance letters all over the country at this moment. how can they possibly know which school to attend when they have no idea if they will be able to pay for it? >> they can't. martin, i have had parents come up to me in vermont. this issue is just huge for them. they're sitting around the kitchen table and trying to figure out how to put the money together to put the grants together and borrow the money and to be able to go to college and it is a very relevant decision for most american families, what the cost will be, and these grants are really critical and the interest rate question has to be resolved yesterday. >> right. speaker boehner was asked his ideas on the student loan program. he used the opportunity to take a shot at you and your party. listen to this. >> our members are talking about the student loan problem, created by democrats, and trying

peter welch and i and some of our colleagues sent a letter to the president urging him to make appointmentsthat watchdog has no teeth. and they haven't -- the s.e.c. hasn't acted on behalf of the american people in the process because they are continually bogged down in these tie votes. they need to do more. that would be an enormous step forward in trying to address some of these concerns but they just haven't. >> isn't the problem that amending the constitution that it takes so long and you can get a two-thirds vote, by the time you get two-thirds of the states, there won't be any deck omracy left anymore? the super p.a.c.s will have bought it? >> well here is -- it's not easy. there is no question. it is an enormously difficult task. however, number 1, it's the only way that we can be sure that citizens united can be overturned. it was a supreme court decision. it requires the constitutional amendment. at the same time, however, i point to the equal rights amendment which never passed never became part of the constitution. >> right. >>. >> but whole time that the equal rights amendment h