these are the lines on the trendline. this arctic front arrives in the, colder they are behind the front. the 20 pastggle in near 30 tomorrow. it will be breezy, wind chill lower. on friday, then on saturday near 40 but a storm system approaching from the south could give us a wintry mix or change to rain early. 6:00.or you coming up at back to you. >> anything new and sports tonight? [applause] --[laughter] >> i've been a player in the locker room, player changes, but facing firing with one year left on his contract he's taking control, speaking out. once you read between the lines, it's been an incredible day of the drama with the benching of rg3. >> i thought it was just another normal week. >> normal? far from it. the decision to sit him is in the best interest. crack sometimes you have to evaluate when you are getting hit repeatedly. you have to take a look at the risk and reward. >> everybody wants to play. any quarterback wants to finish out his season with the team. who want toguys play. if you would have said to

the economy is still running way below the trendline that existed before the financial crisis. >> everything on what benchmark you compare it to, as you know. i said last year that monetary policy was not a panacea. it could not solve all our problems. and in particular, it cannot do anything about it -- about a slowing and digital growth among which appears to have happened to some extent. they cannot do anything about fiscal policy, which is working in the opposite direction. things, perhaps the outcomes are not as bad as you might think. as i've mentioned many times, the congressional budget office assessed the fiscal dragon 2013 as being about 1.5 percentage points of growth -- the fiscal drag in 2013 as being about 1.5 percentage point of growth. when you look at those together, it says that the monetary policy appears to have succeeded in deal of thatgood fiscal drag, which we were not at all sure we could accomplish. we are not giving up. we intend to maintain a highly accommodative policy. nothing we did today was intended to reduce the accommodation. we will still be buying assets a

the economy is still running way below the trendline that existed before the financial crisis. >> everything depends on what benchmark you compare it to . i said last year that monetary policy was not a panacea. it could not solve all our problems. in particular, it cannot do anything about a slowing of potential growth which appears to have happened to some extent. it cannot do much or anything about fiscal policy which is working in the opposite direction. given those things, and think the outcomes we have had are perhaps not as bad as you might think. in particular, as i've mentioned many times, the congressional budget office assessed the fiscal drag in 2013 as being 1.5 percentage points of growth. we look like we will get in the low 2 actual growth. the monetary policy appears to have succeeded in offsetting some of that fiscal drag. we were not sure we can accomplish that. we are certainly not giving up. we intend to maintain a highly accommodative policy. nothing we did today was intended to reduce accommodation. we will still be buying assets at a high rate and increasing our balanc

the economy is still running way below the trendline that existed before the financial crisis. >> everything depends on what benchmark you compare it to . i said last year that monetary policy was not a panacea. it could not solve all our problems. in particular, it cannot do anything about a slowing of potential growth which appears to have happened to some extent. it cannot do much or anything about fiscal policy which is working in the opposite direction. given those things, and think the outcomes we have had are perhaps not as bad as you might think. particular, as i've mentioned many times, the congressional budget office assessed the fiscal drag in 2013 as being 1.5 percentage points of growth. we look like we will get in the low 2 actual growth. the monetary policy appears to have succeeded in offsetting some of that fiscal drag. we were not sure we can accomplish that. we are certainly not giving up. we intend to maintain a highly accommodative policy. nothing we did today was intended to reduce accommodation. we will still be buying assets at a high rate and increasing our balance s

right now they are so far away from their trendline, that it really needs to close that to to the tuneollars $34. that would be a 50% correction. it is in dire need of or correction that will become interesting to the traitor. for the gm investor, i would avoid it altogether because i think about two thirds of the uptrend is already gone. call.t is quite a as i look at the earnings estimates, 36% is the subject of growth for next year going from 339 to 461 next year. as someone who knows detroit intimately, what is happening on the ground with the auto business, rick six percent growth, how realistic is that -- 36% growth, how realistic is that? gmnext year is the year were has a lot of new vehicles out, and most important leave their new chevy silverado pickup, and sierra pickup. these are the moneymaking pickups, and combined they sell -- the silverado is the second product in america. they have the opportunity to make some hay next year. they're well-positioned to have a good year by their hitting a sweet spot. >> jessica, you are nodding. >> im. i think of as he mentioned, those of

the negative fiscal trendlines are not only resonant within the naval forces but are also significantly impairing the ability of the air force to project power this echief of staff oh thaferse -- of the air force indicated he expects a 10% reduction in the air force's force structure. this is not sustainable and erodes combat capability. while i'm pleased with the efforts of the subcommittee with projection of global force capabilities, we have a long way to go. the bill provides tra tiegic air force investments in terms of both the tanker program and the long-range striker bomber. these are critical capabilities that need to be nurtured carefully. this bill also includes important cost saving niche tiffs that provide the navy and air force with the ability to procure the embing-2-d hawkeye and other aircraft using multiyear authority. for all of this i hope we'll support this bill and give the added resources that we need for our men and women in uniform and with that i yield back. the speaker pro tempore: the gentleman from washington. mr. smith: i yield two minutes to the gentlelady