host: joining us this timothy murphy of pennsylvania.use voted late yesterday to approve the tax provisions of the house a bill which would oppose $544 billion in new taxes or the new -- next decade on families making more than three petit thousand a year. -- 350,000 a year. guest: we will be going through another -- a m we will be going through a number of amendments. it could be from sending i put in and that hospitals have to repeal. -- repeal. . commissions to volunteer at community health centers. should we have a government run plan or other ways of doing this? the key is the basic difference is reforming or paige the system. host: you were kind enough to bring by the bill itself. energy and commerce and hr 3200. i want to move it to get a look at the spien and the thickness of the reading that you and your staff have to do to understand this. guest: think of most phone books. there was a previous version and this. if you go to see your doctor. the doctor saysour medical history is too big, i'm not going to have time to read it and

then at 7 we will talk with congressman timothy murphy and the labor department chief economist. then live coverage of the u.s. house as they finish work on the annual energy and water spending bill. >> howell is c-span funded? >> taxpayers. >> private donations. >> public support. >> consumer funded. >> the were funded. >> private contributions. >> 30 years ago america's cable companies created c-span as a public service. a private business initiative. no government mandate, no government money. >> defense secretary robert gates talks about national defense and the obama administration's proposed $680 billion defense budget. in chicago, this is an hour. -- at the economic club of chicago. [applause] >> please take your seats. welcome to this very special meeting. i believe our guest is the first to address the economic club of chicago. some have called him the ultimate washington insider. the truth is his favorite places near mount rainier. he came to the nation's capital 40 years ago on a whim as a graduate student. he signed up for a cia recording business mostly because it wa

. >> on tomorrow morning's washington journal, we will discuss health care policy with timothy murphyho is working on the house health care bill. the labor department chief economist will talk about the obama administration's effort to create more jobs. of a good washington journal" begin the 7:00 eastern. >> former treasury secretary henry paulson simplified on capitol hill above the government's role in masters' bank of america/merrill lynch a merger. members of congress have accused him of improperly threatening bank of america's ceo to facilitate the merger. this hearing oversight and government reform committee is 3 for five hours. >> today we are continuing our investigations. when we held our first hearing on this murder, i called it a shotgun wedding. now it looks like a marriage of convenience. ken lewis got what he wanted and the treasury and the fed got what they wanted. all of this happened against a backdrop of unchecked government policy. there is no transparent -- transparency or accountability. can those refuse to mid to have manipulated the system to his benefit. he s

we will hear from house democratic leaders and timothy murphy. then the house commerce committee begins marking up a comprehensive health-care bill. following today's passage of health care legislation, president obama spoke in favor of passing a comprehensive bill. from the white house, this is 10 minutes. >> i realize that washington is often focus on the 24-hour news cycle and said the long view. that is what is going on right now when it comes to health care. i want everybody to step back for a moment and look at the unprecedented progress that we've already made on reform that will finally lower-cost, guaranteed coverage, and provide more choice. of the last several weeks, we have forged a level of consistent around health insurance reform that we have never seen before in this country. in may, we are able to bring together health care providers around an agreement to do their part to increase the annual rate of healthcare growth by 1.5%. that will save us $2 trillion or more over the next decade in lore costs for all of us. a few weeks late

. >> tomorrow morning, we will discuss health care policy would timothy murphy, a member of the energy and commerce committee. he is working on the health care bill. the labor department's t department will talk about the obama administration's effort to create more jobs. "washington journal" begins at 7:00 a.m. eastern. >> "book tv" to to the harlem book fair. check out the entire weekend schedule at a book tv tv.org. . some describe him as the ultimate washington insider but his favorite place is the other washington. he came to the nation's capital more than 40 years ago only on a is ia whim. -- on a whim. he is the first person who joined the cia as an entry- level employees to end up running the place. he says that the official model is that "i will double cross that bridge when i come to it." he has been the cia director, as president of texas a&m university, as the secretary of defense. he has listened to people on the front lines. analysts and agents, for teachers and students, corporals and colonels. he has focused on the product rather than the process. he says that to the na