stablization, but it requires an atmosphere in which egypt's civil society and american friends a s are protec so i hope that this current crisis or challenge standoff, whatever you want to term it, can be resolved in a thoughtfulful and intelligent way or it may become difficult to do the kinds of things necessary. and egypt is important, it's important to the stability of the region, it's important to the peace process ultimately with respect to to israel and palestinians and with all the other turmoil, syria and other parts of the world, the challenge of iran, the last thing that one needs is an egypt that is not moving along the path to democratic transition and to a stronger economy. now turning to india, we are really pleased to have this opportunity to discuss what is without doubt one of the most significant partnerships in u.s. foreign policy. there are few relationships that will be as vital in this century as the grows ties with the people of india. in all of the global challenges that we face, india has an important role, we will be looking to them for cooperation and innovation an

wants in the area, and extension of unemployment benefits which he wants for those out of work and protecicare to reimbursement to doctors. joining us now is congress woman donna edwards, from maryland, and mick mulvaney, republican from south carolina, a member of the tea party caucus. lady and gentleman, it seems like the wind has changed politically, the president is sky high, up by eight points against the nearest opponent, who would be romney, way ahead of the others. not looking around for deals to cut, looking around for victories, congressman mulvaney, looks like the president was a tough guy to negotiate with here. >> chris, i've heard that all day on your network, i have yet to understand why the republicans getting what we wanted in december, which is a year extension on the payroll tax cut and allowing people to keep more of their money is a cave on our part. maybe it's possible that in this circumstance we both wanted the same thing. >> but you wanted a deal, you wanted an offset you wanted him to cut other stuff to pay for it and he said no and he got away with it. >> a larg

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this has to happen and persist, that even the bailouts of the companies -- to protecting contract, protec protecting the marketplace, protecting private property. they ought to reduce the amount of regulations. they ought to give us a sound currency. that's what would help our economy today. [ applause ] >> the other major problems we've faced the last five years is the ability the politicians to allow corrections to occur. when mistakes are made, you're supposed to have a correction. no one wants to go through the correction. they say, well, what we have to do is bail out companies and the various things because the correction is a way, they say, too pain. if you don't have the bailouts, there's going to be a depression. and there was some truth to that. the people who had overextended, who especially in the housing bubble abused it, got into the derivatives market and were gambling with all of these derivatives, yes, they were in big trouble and the banks owned them and all the insurance companies and the banks were very much involved, so they said there's going to be a crisis. it's goi

includes the doc fix threw the end of the year to protect seen -- through the end of the year to protec seniors to prevent physician reimbursement rates from being slashed by nearly 30%. again it is but a temporary solution to a long-term problem. and as chairman of the energy and commerce committee i'm absolutely committed to working with my good friend, chairman camp, to develop a permanent solution to the medicare physician payment system. one that protects seniors and their doctors in the long-term while also protecting taxpayers and making sure that medicare is efficient, effective and sustainable. these temporary solutions are a big part of the package, but madam speaker, it would be a teible mistake to ignore another part of the package. one that will help support literally hundreds of thousands of jobs, one that will spur billions of dollars of investment in our economy and affect t daily lives of nearly every american. i'm talking about spectrum reform. spectrum, it's the airwaves that carried weless communications. spectrum is all around us and we sure do use it. with the expl