work with us >> cfp sylvia burwell testified wednesday about resident obama's nearly $4 trillion budget request. credits,tizes new tax infrastructure spending, and an expansion of early childhood education. she testified for just over two hours. >> the committee will come to order. i think this is her first time here. welcome for your first time here at the budget committee. i'm sure you're going to really enjoy this. >> i hope so. i cannot say that i can see you right now. i want to thank you for being here and taking the time to speak with us and coming back in government service.

sylvia burwell will be on capitol hill defending the budget. as will chuck hagel and jack lew.sident obama

sylvia burwell was just saying paul ryan and other people concerned about the defense cut, sequestration is still in effect for the pentagon. it could create potential for some deal at the white house. maybe there could be increased spending or tax loophole closings. some say it is a bit of a pipe dream. there is concern about that speculate to some kind of action. there could be mounting electoral pressure on the minimum wages as we get closer to the election. it is something that polls very well. there could be some compromise there. >> you talk about having a blueprint to present to the voters for the house of representatives and mr. brady talks about the house being representative of a larger party. paul ryan talked about the decision within the republican party, saying i am irish, this is what families used to look like. if you peel back the lid from what is going on the internal debate in the republican party, what do you see? how do they come to a cohesiveness for the presidential elections? >> there is a fundamental disparity between strategy. you do have conservative members of

let me invite to the stage, sylvia mathews burwell, director of the office and management and budget. and margaret carlson, columnist with bloomberg view. margaret, sylvia? >> good afternoon. is this hunting? humming?s excuse the echo. sylvia mathews burwell is the , then that you will see picture of thehe financial team of the obama administration. we both decided to wear turquoise. sylvia, as director of the office of management -- >> is me your cell phone. >> it is not my cell phone. >> sorry to interrupt. >> i am a walking signal. andoffice of management dreaming. because the budget is a wish list of the obama administration in so many ways. john boehner called it the most irresponsible budget yet. i am sure you know other things it has been called. billion over what was agreed to in january. what, if anything, is going to get passed? >> the first thing, we present a budget that has what we believe ryan-murray levels that were agreed upon. the appropriations process started the day we send the document to the hill. we gave them what they need to go forward. a budget is a represent

introduction and presentation, i have with me the director of the office of management and budget, sylvia burwell. i have jason furman, the chairman of the president's council of economic advisors. cecilia munoz, the director of the domestic policy council, and gene sperling, the director of the economic council. each of my guests will have an opening statement and then we'll take questions related to budget matters. i'll try to direct traffic in that "q&a" session. i will -- in that question and answer session. on ll have comments ukraine, but if you could hold questions on those subjects not related to the budget until after we're done with q&a on the budget that will be terrific. and with that i turn it over to sylvia. >> thanks, jay. the president's 2015 budget, which we released earlier today, is basically a fiscal road map for accelerating economic growth, expanding opportunity and ensuring fiscal responsibility. it includes fully paid for investments in infrastructure, job training, preschool and pro-work tax cuts. at the same time it reduces deficits and strengthens our long-term fiscal o

i turn it over to sylvia burwell now. >> the president's budget that released is a fiscal road map for excel growth, opportunity and ensure fiscal responsibility. fully paid for investments in -- infrastructu infrastructures and preschools. the budget shows the president's funding priority at the 2015 levels that were agreed to in the deal. we believe they are not sufficient in 2015 and beyond. the budget includes an opportunity, growth and security initiative that is fully paid for. it is split between defense and non-defense and it presents additional investments in things like education, research, and manufacturing. building on the model established in ryan-murray, it is paid for with spending cut and tax reforms. it is deficit neutral. supporting what the president said in the state of the union, there is a series of programs to create jobs. it lays out $302 billion infrastructure proposal that is paid for with pro-growth tax. it strengthens the manufacture base and supports groundbreaking research to fight disease, protect the environment and develop new technology. it enhances th

up next, sylvia mathews burwell onned president's 2015 budget.r bottom line could be affected in just a moment. so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile share value plans our best value plans ever for business. with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> welcome back. we talked earlier about how strong a rally we've seen in markets today an

budget director, sylvia burwell, will be on capitol hill, testifying before the senate.he will be squaring off against paul ryan about the budget. we will have coverage of that hearing this morning -- this afternoon at 2:00 p.m. eastern time. this morning, jack lew will be on the senate i've before -- and we will have coverage of that as well. defending the president's 2015 budget blueprint. ken, what do you think? kim.r: my name is host: apologies. caller: i would like to be able youinish my comment like allow the democratic people to voice their opinions. --atch her show up it. it is your show a bit. it is slanted towards the progressive side. president proposes to borrow more money from china. i saw that john kerry pledged another billion dollars to the ukraine, which will go thectly to russia because ukraine is in debt to russia for i don't know how many billion. i do not have that information. is bizarre. things are getting upside down. i wanted to voice that. we borrow all of this money from china. theave warships sitting off coast of cuba. i don't understand how p

work with us >> cfp sylvia burwell testified wednesday about resident obama's nearly $4 trillion budget request. credits,tizes new tax infrastructure spending, and an expansion of early childhood education. she testified for just over two hours. >> the committee will come to order. i think this is her first time here. welcome for your first time here at the budget committee. i'm sure you're going to really enjoy this. >> i hope so. i cannot say that i can see you right now. i want to thank you for being here and taking the time to speak with us and coming back in government service. that we truly appreciate. this is the fifth time in six years that the president has passed theis budget deadline. it is the worst record in history for any president. further disrupt an arty much broken budget process. notadministration will deliver key details until next week. all i can say is that next are of the president will submit his time. full and on i realize you came in late in the game. hopefully next or we will try to get a better record going. other circumstances. hopefully next year we'll try

sylvia burwell testifies thursday on the president's 2015 budget request on c-span3. you can join the conversation on facebook and twitter. we do not have a criminal investigation role. we have a vast enforcement role, one of the most critical things he agency does is to enforce the federal securities laws, to make sure that wall street abides by the rules. we do not have the criminal authority. we have the power to bring, with the approval of our commission, civil actions, civil fraud actions and negligence actions, against those who violate these federal security laws. we cannot send anyone to jail but we can assess civil penalties. our level of penalties is not as high as we would like it to be. there is legislation that would give us the ability to assess higher penalties. we can require people who do wrong goings kick to get -- wrongdoings to disgorge their ill-gotten gains. we have the ability to bar people from the securities industry so they cannot live another day to defraud again. white sunday night at 8:00 on c-span's q and a. the american israel public aff

speakers include house budget committee ranking member chris van hole lean, omb directie sylvia burwelland sheila bair and others. live coverage tuesday at 10:00 a.m. eastern on c-span2. >> c-span2, providing live coverage of the u.s. senate floor proceed examination key public policy events, and every weekend, booktv. now for 15 years the only division network devoted to nonfiction books and authors. c-span2 created by the cable tv industry and funds by your local cable and satellite provider. >> next, russian leadership under the cur russian leadership under the current president, vladimir putin. journalist edward lucas discusses this book "the new cold war: putin's russian and the threat to the west." this is from 2008. about 90 minutes. >> this is the central and eastern europe correspondent for the economist. he has been covering the region for more than 20 years. witnessing the final years of the cold war, fall of the iron cur rent and the collapse of the soviet empire. boris yeltsin's downfall and ndeadimir putin's rise to power. he was the editor of a weekly independence news in

committee top republican jeff sessions did everything he could today to get an answer from sylvia matthews burwellou're proposing that we alter ryan-murray so you can spend $56 million more next year alone? >> what we are proposing -- >> yes or no, is that correct? >> what -- >> can't you answer that question simply, yes or no. do you propose to spend $56 billion more than ryan-murray allows, and you're proposing we change ryan-murray to allow you to do so? yes or no? >> senator, we do propose a change in the law that would be fully paid for, that would invest in the things that we believe are necessary for the economic health of the nation. >> you're refusing to answer it. i will answer it. the answer is that you're going to spend -- you're asking us to raise the spending limits by changing the ryan-murray law so you can spend even more than you agreed to spend ten weeks ago. and this is the way a nation goes broke. >> went on for three minutes. ryan-murray is the budget deal struck with representative paul ryan and patty murray. that is law signed into law by president obama. when we come back,

later the white house budget office will hold a briefing with budget director sylvia mathews burwellat 12:45 p.m. eastern also on c-span. here on c-span2 we will go live to the heritage foundation for discussion of the future of ukraine. this the second of state has arrived in the ukrainian capital to show support for the country's government. secretary kerry touchdown in kiev as the u.s. announced a $1 billion aid package to ukraine amid worries that moscow would extend its military reach past the pro-russian ukraine region of crimea. respected him more about secretary kerry's visit at this heritage foundation event set for noon eastern here on c-spa c-span2. >> the new c-span.org website gives you access to an incredible library of political events with more added each day through c-span's nonstop coverage of national politics, history, and nonfiction books. find c-span daily coverage of official washington, or access more than 200,000 hours of archived c-span video. everything ceased been discovered since 1987. and our video is all searchable and viewable on your desktop computer,

wednesday, the director of the white house budget office, sylvia burwell will appear before the house budget committee, life wednesday at 2:00 p.m. also on c-span3, share your thoughts with us, facebook and also twitter. >> the internet as we know it today bears no resemblance to monopoly telephone service back in the 1930s and '40s and 50s. and what the courts have said and what the congress supports is if i walk into a grocery store and i bought a gallon of milk, i pay $3.50 a gallon but if i buy 10 gallons, i pay $35 for all 10 gallons. well, tom wheeler wants to say you can use as much milk as you want and you only have to pay $3.50. that's just wrong. netflix is the biggest user of the internet, as people download their movies, sometimes they are as much as 30% of the total want of the internet. obviously, netflix should pay more than somebody who uses the internet once a month. and i'm being very simplistic. that's the genesis, and these companies have spent billions and billions of dollars to set up their systems and to provide the fiber optics and all those, the mega- speeds t