the uk has much more incentive to inflate in the classic reinhart way than we do. and ultimately we need to look at the liabilities and the revenues that we're willing to raise to back those. and clearly there is an imbalance. we have a huge advantage potentially relative to other countries, countries in the reinhart and rogoff book. we have a credit line unsurpassed by anything any country has ever had. and we earned that credit line. however, we are in the process of wasting that credit line. we're not investing in productive assets. we're not upgrading our education system. we're not boosting growth in other ways you might prefer to boost it. we're just spending that, borrowing to finance consumption in excess of our income. and that will absolutely end badly. the pickle we're in could very well end up being a very large one and maybe bigger than what other countries have had. we have an opportunity to fix it, an opportunity that the europeans don't have right now. the europeans are in a different place from us and a much, much tougher place. and we should take

on the second option, as reinhart mentioned, this combined office use an assembly space. generally speaking for those that do not understand, think about it as a bar, as an example, where there are a lot of people, more people, from a code standpoint, there is more of an occupant load in that space. on the first floor it looks much like the of the scheme. 12,300 square feet of office space, reconfigured no. stairs, as mentioned in any other scheme. in this case there is a southern external type about talk about in a moment about why we had to do that. on this second floor the yellow color is the assembly. we have dominated these steps, ramping down from a practicality standpoint and lowering this middle section to a floor section so that there is another ramp or, where there is currently a ramp in the middle, we have lowered that structurally so that it is all on one level to make the practical for usability and from the standpoint of accessibility. so, 4500 square feet of assembly space. 12,000 square feet of office space. one of the significant differences on this one i

beth reinhart, thank you very much from the "national journal."ill be making headlines in the next 24 hours, that's next on "andrea mitchell reports." or zero dependency on foreign oil. ♪ this is why we at nissan built a car inspired by zero. because zero is worth everything. the zero gas, 100% electric nissan leaf. innovation for the planet. innovation for all. i'm going to own my own restaurant. i want to be a volunteer firefighter. when i grow up, i want to write a novel. i want to go on a road trip. when i grow up, i'm going to go there. i want to fix up old houses. [ female announcer ] at aarp we believe you're never done growing. i want to fall in love again. [ female announcer ] discover what's next in your life. get this free travel bag when you join at aarp.org/jointoday. of how a shipping giant can befriend a forest may seem like the stuff of fairy tales. but if you take away the faces on the trees... take away the pixie dust. take away the singing animals, and the storybook narrator... [ man ] you're left with more electric trucks. more

so clearly steven reinhart -- this is a letter that starts -- "dear justice kennedy." so the question is, justice kennedy wrote a very important decision about gay rights in california, decision striking down the texas sodomy law. will he be consistent? that's the question. gwen: that gives you something to do next year, right? >> sure. gwen: it will bubble up. thank you, everyone. this was a full week and we couldn't get to everything that happened. we will pick up where we left off in our "washington week" webcast extra. you will be able to find us online still talking at cbs.org/washingtonweeg. you will find a lot of other goodies on line as well. keep up with daily developments at the pbs "newshour" and we will see you again right here next week on "washington week." good night. gwen: every thursday get a preview of our topics and panel with our "washington week" e-mail alert, available at "washington week" online at pbs.org. >> "washington week" was produced by weta, which is solely responsible for its content. >> fund are for "washington week" is provided by -- >

whittled down by the court today, and ironically, i do think you have to read a little bit of judge reinhart, the two judges in the majority of the 9th circuit as writing something that looks like bush v gore. they are saying in states where supreme courts give one the right to marry, and then by referendum that right is taken away, someone dried it as lucy with the football you can't put it out this and take it back. in those states when there are 18,000 couples who marry in good faith believing they have the right to marry you can't take it away, that is a pretty narrow one-ride only determination. now, i do agree with mr. olson, absolutely, the language in this is so powerful, so eloquent, it really is and i remember we taubed about this when judge walker's decision came down, rachel, a letter to justice kennedy of the court saying please, please, please, this looks a lot like your roemer language from that coklorado case. please please please take this and find determination for dignity. i think it's important what the 9th circuit did not do, up hold everything about judge walker's deter

ironically, i think you have to read a little bit about judge reinhart, the two judges in the ninth circuit that looks a little bit like bush v gore. they are saying in states where supreme courts give one the right to marry and then by referendum that right is taken away, some would describe it as lucy with the football that you can't put it out and take it back. in those states, when there are 18,000 couples who marry in good faith, believing they have the right to marry you can't take it away. that is a narrow, one-ride only determination. i do agree with mr. olson, absolutely. the language in this is so powerful. so eloquent. it really is, and i remember we talked about this when judge walker's decision came down, rachel, it is a letter to justice kennedy at the court saying, please, please, please, this looks like your romer language from that colorado case, please, please, please, take this and find that same right of dignity and self determination for gay couples. i think it is important to see what the ninth circuit did not do, which is glowingly uphold everything about judge walker

>> judge reinhart has staked an awful lot on this opinion in trying to compare this to colorado's amendment 2 and saying that this initiative did absolutely nothing except remove a longstanding right for gays and lesbians to marry. of course it was not longstanding. the california supreme court had made that up just several months earlier and proposition 8 is not so limited. it applies to one man and one woman. that means plural marriages are also illegal under proposition 8 in california. so the notion that the only purpose of this was and i muss towards gay and lesbians is patently false on the face of proposition 8 itself. the basic note here is the people of the state have any right to continue to defend marriage as it has always been understood tied to the lie owe logical complementary of the sexes with a purpose of proceed creation and the rearing of children that are the off spring of that relationship. to say that there is no legitimate purpose and that it's completely unreasonable to adhere to something that has been around in every society and certainly in our country since the be

the way i read the rogoff reinhart study and i think what i hear you saying is that this isn't just that a debt crisis might happen -- and those can happen quickly, as they warn in their book, that crisis can happen when you're at this debt level, out of the blue for things you never expected and you're in serious financial trouble -plt -- trouble. like our 2006-2007 financial crisis, nobody predicted. they also indicate that huge debt can impact economic growth today. and they say when your debt reaches 90% of g.d.p., your debt is that much, it can slow growth by 1% to 2%. we're already at 100% of g.d.p. do you think it's possible that their study based on empirical data might be telling us that the debt right now, because it weakens confidence and drains investment capital, that our debt now could be slowing our economy? mr. thune: i think it's very clear. and i think if you look at, as you said debt is a percentage of g.d.p., now over 100%. think about that. this is the highest level of debt, highest level of spending as a percentage of our g.d.p. that we've seen since the end of worl