so we have recommended a watch and another measure introduced sca 11 that deals with voter thresholds we recommended a watch does does apply indirectly to transportation but also across the board to all government taxes it will reduce the voter thresholds from two-thirds to 55 percent. as i indicated it would apply not only to transportation but other kinds of special taxes as well and that is my report. >> thank you, very much. colleagues do you have any questions on this report? >> thank you. are there any members of the public that would like to comment on this report? >> okay, seeing that there is no members of the public, public comment is closed. >> this is an action item. is there a motion to provide it? >> so moved. >> thank you very much. >> without objection? >> this motion passes. clerk, please call item number five. >> and i did five and i will call six. >> internal accounting report and investment report for the six months ending december 31, 2012 and this is an information item. >> good morning, commissioners, fong and this is the internal and accounting report and inves

. >> and he does, i have heard joe sca sca scarbrugh talking about it all the time, when they are in the agreement, standing fast to the puppies are totally ugly, the take money out now in the weak economy position. consider now what our chumba wumba have been dealing with, over the objections of the obama administration. let the payroll tax hike expire, it may be part of why in one of the jobs reports the few bad numbers, the january jobs numbers revised down. also, washington raised taxes on the wealthy, democrats like that. but it is contractionary. the republicans decided to embrace the sequester. we will have to wait until next month's jobs report to see the beginning of the impact of that. it will be very bad this year. nobody is talking about more stimulus the way krugman scarborough are. there are hints that republicans may want to repeat the awesome debt ceiling horrible disaster of 2011. wall street headline was boehner continues to link that debt ceiling to cuts. house speaker boehner on thursday said he would continue to insist the next debt ceiling cuts be matched by the

>> sca nect i did, up state. >> jon: do you know what it means? the place beyond the pond. >> jon: i lived in new york or new jersey my whole live. no yod. i assumed poe -- it was a great place to bury a body. the old comedy circuit is scnecdtdy and the catskills. >> is he serious? >> one has a comedy club in the hotel. you could bomb on stage and have to ride the elevator up with the audience that is also staying in the hotel with you. so you are just in there and looking at you like -- [laughter] -- good times. >> but that never happened to you. >> jon: what are you kidding me? that still happens to me. >> i never saw your stand-up. >> jon: have you gone to see stand-up shows? >> yeah. >> jon: that yeah sounds like if something else is going on. everybody bombs. that's the thing about comedy you have to -- you know it's going to happen. >> you accept it off the bat. you are like this is going to -- i'm going to bomb. so you are prepared to fail once you get out there. so you can only go up from there. >> jon: yes. >> this is amazing. i want to d

captions copyright national on "newsmakers," the new chairman of the republican study committee steve sca lease from louisiana. thank you for being here. two reporters to help us this morning. russell bermen with the hill newspaper. heidi. you have the first question. >> you had your first meeting with the president with the republican conference in nearly three years this week. do you feel that you're any closer on policy or at least in terms of warmer relations? >> we had a frank conversation with the president. it probably lasted a little over an hour. i thought it was important to have an honest dialogue and clearly we have some very big differences on how we approach some of these. but there's also area for common ground where we can really get some solutions and things done to solve these big problems and we talked about that. again, it was very frank and candid conversation. but we put out a lot of ideas that we conservatives have and i think there are going to be some areas that the president is serious with working on us, then we can get things done and start addressing some of t

michael steinberg, former top executive at sca may not be or may be indicted.d could conspirator, with shares of dell. could be on the block in terms of an indictment. his lawyer says he clearly has done nothing wrong. sec and doj are telling fox business network, picking off people around cohen in order to get the main guy. what they are describing to us, is that this is not unlike any mob case. when you go, if you're going after the guy at the top you pick off guys around them. you hope one buy flips. we should point out there is lot of talk about the march toma case. matthew mart toma, this occurred in 2008. there is statute of limitation on it to bring charges against cohen because it occurred in 2008. i talked to a lot of lawyers. they say there are ways to extend the statute of limitations. if you are thinking that, if come july where a lot of people say the statute of limitations runs out in terms of bringing additional charges, come july there is no case against cohen on this, i hear there are ways to extend. don't necessarily count on that statute of l