scott garrett is a republican, live with us next on that.ie: plus, new details in the case of a missing mother of triplets from missouri. why her family thinks there is a new break in the case. bill: and he thought he was a dead man and came face-to-face weather a grizzly bear. the teenager who helped fight off a bear attacking his own friends, and the incredible story in the alaska wilderness. >> well, i would say that it was just general chaos. we came upon the bear as we walked around the rock outcropping and the bear began to attacks, basically. -- attack, basically. [ male announcer ] this is the network. a network of possibilities. excuse me? my grandfather was born in this village. [ automated voice speaks foreign language ] [ male announcer ] in here, everyone speaks the same language. ♪ in here, forklifts drive themselves. no, he doesn't have it. yeah, we'll look on that. [ male announcer ] in here, friends leave you messages written in the air. that's it right there. [ male announcer ] it's the at&t network. and what's possible in

. >>> let's turn now to republican congressmen scott garrett from new jersey who is a member of the budgetuch for joining us. >> sure. good to be with you. >> i understand you've been on the fence about the boehner plan. today the cbo said the plan only had $850 billion in savings. and now speaker boehner's office said they're rewriting the bill. so, did that influence your vote, first of all? >> well, i appreciate the fact that the speaker has said all along and i think the republican position has been all along that whatever debt limit increase we talk about, and, of course, you know that the house republicans and house democrats have already passed a bill out of the house that does raise the debt limit, but whichever one we do has to, you know, really cut more money than we -- than we raise the debt limit by and i think in their initial numbers, this bill would have done that by a marginal amount. but we don't do anything here in washington without cbo scoring it and as you said it came in 850 and it's under the trillion dollars in cuts they needed. at least we have a bill here. unfortu

[inaudible conversations] and with that, i would like to turn the podium over to scott garrett. >> good morning, everyone. it was a year ago that the congressional democrats passed trains them in. what a difference a year makes. setting the course of the united states in a collision course with economic mediocrity and not be a period of high unemployment. during the original time of dodd-frank going through, they claim that they as democrats knew what they were doing. trust us they said. they said would know how to regulate wall street. trust us they said. they said we know what is best for the economy. trust us they said. they said we know how to level the playing field. trust us. we now know after a care of dodd-frank that they have absolutely no idea. aside from the negative is that dodd-frank has on the american economy the president talked about your, and also threatens the level of american competitiveness around the world or in the short-term and long-term as well. so despite secretary geithner's assurances that the so-called level playing fields and other countries which is onli

new jersey republican scott garrett chairs this to our infinite t.minute hearing. >> i recognize myself to opening statements. let me welcome the panel. and say a couple of housekeeping things. so, we are going going to do opening statements and then of course we will roll to the witnesses statements. we understand either at top of the hour or so more and there we will be called for votes, and so we don't know how many votes but if it is only one vote, then what we will probably do is just rotate through and just keep you all, keep on testifying as i pop in and out in that sort of thing. we hope it goes that way. if it is to post unfortunately we will probably have to take a brief 15 or 20 minute recess to allow ourselves to go vote. so that is where we are. i recognize myself now for four minutes, and again as i said many welcome everyone to the hearing. we are here to explore a series of issues impacting the mutual fund industry. as you may notice that more than six years since this committee last held the hearing focused on mutual funds. this new