domestic problems, the bourse's -- divorces, all of this happens. it is very important that these young americans who do have stressed or emotional strains do seek professional help. once you get over the stigma and get over, i guess, of fear of going to counseling, i think that will help immensely. i know of some cases first hand. we just have to make sure they have all the opportunity in the world to seek and receive stable, emotional counseling. >> do we need more people in the military -- we have people who have returned from their fifth combat corporate it is unprecedented. >> i have always pushed for a larger military. we did increase it in the defense authorization bill this last year. you have to really take your hat off to these young folks, particularly those who been over there two, three, four times. they volunteer. people in the mill -- military are volunteer. their families have to endure deployments, separation, training. i think we should do our best -- the great roman orator once said, gratitude -- it would help tremendously if we, a

we are not paying for the bourse but running up the enormous tab we're already leaving our children and grandchildren. mr. elmendorf notes is cbo assumed all expiring tax cuts for extended and not pay for the long-term effect is to lower future gdp because of the greater accumulation of debt. also not only did greater accumulation of debt to fully pay for the wars in iraq and afghanistan will also make -- main future gdp will be lower than otherwise. thank you, mr. chairman. >> senator bunning? when you appeared last year of your confirmation hearing, i ask the question of the cbo practices and now you have a one-year experienced director i would like to ask about policies again current cbo practices assume any law that increase spending will be permanent on the other hand, current cbo practice said in a tax decrease will not be permanent. to have a plan to address the can -- inconsistency? >> no but senator. they are consistent across spending and taxes when a proposal is put forward if it is a policy and discord is the fax it would have over the 10 year budget window. if it is tempora

. >> his plan to do with issues such as unemployment, health care, and the bourse in iraq and afghanistan. the state of the union address, wednesday night. our coverage starts at a clock on c-span. you can also listen to the president's address live on cease -- on your iphone. >> president obama addressed the u.s. conference of mayors on the economy and jobs. they are in washington for their annual winter meeting. this is just under 20 minutes. ladies and gentlemen, the president and vice president of the united states. [applause] >> thank you, very much. [applause] >> thank you. [applause] >> welcome to the white house. [applause] >> thank you. thank you for being here. i spend so much time touring the country with the president at his request and with his permission, have been an almost all of your cities. it is nice to be able to welcome you as you will come to me into your cities. thank you for how you have treated us and our staff as we have wandered through your cities. i'd look out and see some old and good and very close friends and some new friends i have made in the last year. t

there are a lot of progressives and liberals who say a single payer plan, which would relieve the boursefrom employment, would do that. it does provide some methods for businesses to not worry quite as much about health care, not be at a disadvantage with their competitors. host: the democrats named this bill and noted that there was not a single republican who voted for it. what does that mean for the debate on the economy? no republicans. why was that the case, what are they looking for? guest: it is hard to tell what the republicans want to do right now. they have lt some credibility by suggesting that government spending cannot spur the economy. these are the metrics that have been used throughout the years to try to judge what the impact on policy will be. they have pretty much decided they are not going to pay attention to that. i think they would like to stop obama and the democrat from doing anything. i think they hope that will be a successful strategy for november. i think republicans are being political about this right now, especially with some of the votes on the bills. a fe

it was ttp, terek taliban in pakistan, the bourse a lot of plot. -- the barcelone plot. the one who tried to kill the cartoonist in denmark last week. people are always afraid of the ai in the north -- aqim in north africa. there are almost no al qaeda in afghanistan. if we trace back plots that have any connection to terrorist groups in the west in the last eight years, we see that nine are traced back to afghanistan. -- none car traced back to afghanistan. there were all traced back to pakistan and now to yemen in somalia. so, in order to promote national security here, we need to focus on the group that can project to the west. and those are the groups i just mentioned. the afghan insurgents do not project to the west. they have a domestic agenda. ok, so, what our our stated goals for being in afghanistan? to disrupt, dismantle, defeat al qaeda and its allies. this is mostly done for the destruction and dismantling in afghanistan. they have moved to the fatah, as pointed out by bruce. we have not defeated al qaeda. al qaeda was not dead, as was shown last week by the

preserved underwriting standards which violate the borrower's ability to repay the loan and not compensate more and with three -- bourse the features. there are signs there were some lessons to be learned. last year the fed put him place strict underwriting standards for higher cost loans but unfortunately while they would apply to subprime and otia will not apply to prime products including the most complicated products we have seen and what will constitute the next wave of foreclosures but i believe common sense dictates we need a strong federal underwriting standards that apply to all home loans prejudicial and the fed has proposed with riskier loans i with 17 other drafted and submitted comments the drafting the reserve for bad. this crisis resulted from a combined value of the financial institutions and the regulatory system in the resolution on the vividness of every participant with state public and private to commit to common sense reforms the state attorneys general and the ability to investigate fraud in mortgage lending must be vigorously preserved. the strong record in responding to consumers make us a nece

only recently in the last few years the newspapers that you can buy today it looked as good as "pm" looked 65 bourse 70 years ago. that was a conscious decision. the founder of the paper, ralph, who was very much a leftist was also very much a magazine man and is actually the person working who created life and made "life" magazine the spectacular photographic entry into journalism that it was. no sooner did he created he was stumped off of it and once that happened he wanted to create his own daily newspaper that would revolutionize gen -- journal was some because it would empower all the people that worked for it. four people to express themselves unfettered. it would not rely on advertising pressures and in fact, by the time "pm" went into publication there was no advertising. alone in the press, it was vitally connected to pressing for a laughter version of the new deal. and read the paper began, let me show it to you. to prove how beautiful the paper kid be i will take it out of the plastic casing to show you what it looked like in the first two years of its existence before the war rules ruine

the official record? >> page 6 of -- go ahead. does that refer to -- >> discrepancies. it indicated a promising at -- officer bourse'sl record. and i read that accurately? >> we will not try to interpret the language for you in general. the specific answer to that question is this, discrepancies can be discrepancies internal to what is said in one place. it can be what you said as well. that is, between was reported and was not. that's it. >> your report talks about problems you have identified to the joint terrorism task forces, a recommendation that potentially more military personnel should be on that task force i know that has a limit. if you could talk to us a little bit about what you found there and what you are recommending to insure the critical information does get shared? >> one of things in the terms of residenclicense -- reference. we were nuts boasting in to fear with the criminal investigation. the president had authorized and started an investigation into intelligence activities and we did not go there. what we did learn in the process and our reflection there is a simple premise of how many -- what t