rate declining further, however, a range of indicators suggests that there remains significant underutilization of labor resources, household spending, business and fixed investment, while the recovery in the housing sector remains slow. inflation has moved somewhat closer to the committee's longer-run objective. longer-term inflation expectations are remaining stable. turning now to the future of interest rate policy, the fomc says in determining how long to maintain the veero to 0.2% target range, both realized and expected towards its objective of maximum employment and 2% inflation, they say this inflation will take into account a wide range the information, include measures of labor market conditions, and inflation expectations and readings on financial developments. the committee is currently anticipated that even after employment and inflation are near mandate consistent levels, economic conditions may for some time warrant keeping the target fed funds rate below levels is the committee views as norm at in the longer run. there was one dissent to thinks policy actions. it came from charl

other purposes but as long time resident and a heavy yourself of mcclaren park that's a highly underutilized resource so from my prospective i don't see the golf course and it's conversion to other uses if it's contemplated to be worthwhile or worth on investment by the city that's my comments and i appreciate i giving me a couple of moments thank you. >> next speaker. >> my name is albert i started playing golf in 1964 glen eagles was two years old i'm a senior citizen and can't afford to play harding and even shops i don't live within the city limits this course i can afford to play there i go to hunter's bay about 3 times a week it's got a history and gotten up in the golf world that's a hidden jewel everybody speaks about oh, i'm going to get robbed and killed there in 50 years there's only been one element of robber and the san francisco police department and a member of the club course he took care of of the business and people had their property back and on top of people weren't from san francisco he somehow got their valuables back there must be a way to renegotiate this lesee couldn

there is concerned about underutilization and they are worried. billion a month, as expected. the main public market was hit by airstrikes after the united nations condemned israel about the refugee center. the united nations is demand being accountability. the army officials say that troops were responding. being pressured to stop supporting me rebels in the ukraine. to individualsed and organizations being sanctioned. russian stock phone and the mobile operators. this beat estimates and it is up. it will be interesting to see what happens there. increasingusers are the use of data and that is really good for them. the interesting thing is the working capital being moved to hong kong because of sanctions risk and the united kingdom. >> that is right. it is interesting to see how russian companies are responding. >> worrying about liquidity and having money frozen. company isdent oil saying that they are going to so ukrainian assets. it is about companies trying to avoid risk and they are the assets not being safe. they were sold to a company. ind

however, a range of market remainors suggest there significant underutilization of labor resources. household thinning appears to be rising moderately, and business investment is advancing, while the recovery in the housing sector remains slow. they go on to say the committee sees the risk of the outlook for economic activity in the labor market is nearly balanced and judges that the likelihood of inflation running persistently below 2% has diminished somewhat." they having knowledge -- they havee-up acknowledged again the take-up in inflation. with regard to the taper, they are committed again to reducing bond buying with measured steps over the next few meetings, but they do not commit explicitly to october in this statement, and they will continue to reinvest row seats of the bond buying. no stop to that. in terms of forward guidance, no real change. they maintain that it likely will be appropriate to maintain the current target rate for a considerable time after the asset purchase program ends, and that's the basis for the 1% -- , charles foster indicating that it likely will be

they go into the garages occasional but not that severe i'm in favor of the project it utilizes underutilized spaces to sever as plastering and in terms of fire issues the fire department is right next door. >> commissioner johnson. >> thank you very much i'll keep this brief a lot of my comments refer to the katrero project in recent times to make sure we deep that as part of the use full for recipe i like that and, of course, the one site affordable housing housing because they have two bedrooms he want to make a comment on traffic this city is going it make fulsome is two-way but having the furniture and trees kaumgz traffic it is sort of a four way radio radio roadway and the matt so principal is going up but not a lot happening around hope street until 2 or third street it is great this kaumgz the traffic and brings for flow to the ground floor. the only comment i want to echo commissioner sugaya's comment been the hoa this is something the developer choose to integrate the community into their hoa. with the katrero project it was connected to the park and the small business that's clear

our city and best efforts to improve our park, unfortunately some of our most popular parks are underutilized. we need to find more ways for the parks we already have. i play ultimate frisbee and play with my friends, but the field z are often overused and overrun with people. this measure will make sure we make the most of the parks we already have by letting parks proceed. all i ask is that the city of san francisco lets play. ng you. >> my name is ethan, i'm a [inaudible] san francisco state. growing up i ran track and field all the time, i play ultimate fritz bee, and i know first hands that it's really difficult to find open and available space for activities. i think it's somewhere around 400,000 people use our soccer fields every week and with the conditions we have we really need to improve the fields we have. we can't build anymore [inaudible] ballot measure is definitely a good first step. it's not going to prevent any appeals, not going to shortcut the process at all. all this does is it guarantees that once it has gone through all the processes and had any appeals complete that no

we have colleges underutilized. we have to get them going. we have to get an energy policy. anwaited for years to get all-inclusive energy policy. we have a boom to drive this economy forward. congress is not focused on the priorities right now. if you look at the regulatory arm, the president couldn't get cap and trade pass so he told congress to kill coal and a decimated an entire industry. country inhe only the world that has a repatriation tax that keeps $2 trillion or more outside this country. we get serious about economic value to our he, -- to our country's economy. >> he mentioned you at the very beginning of his question. here is what will happen. i will give you 30 seconds to rebut. if youwant to take it -- won't take it i will give him 30 seconds as well. , john lender,this rob woodall and i, have been fighting for the fair tax. where have you been? and now you want more government? is mandated?blem you called for basically an endorsement of obama care and now you want the nanny state in washington to decide about our energy policy. don't you trust the private se

the waterfront and throughout the city it's a beautiful part of the city and mcclaren park is underutilized so i hope you support tom shaw and support a new contract for mcclaren thank you for your time. >> thank you. >>>> next speaker. >> i'm a resident of the bayview also a member of the glen. i bought a blighted property fire damaged and invested a lot of time and money along the way i comes up with carpenters and electricians and mrurmdz i found a majority of those folks at the park (laughter) where people get together and collaborate i had a lot of people to work on my project i hope you all invest in the area as well >> thank you. >> good morning, commissioners general manager ginsburg i'm richard harris with the san francisco golf alliance we've given you a letter of the golf alliance for keeping glen eagles open so i've said most of what i would want to say i've been playing at glen eagles for over thirty years we hope you'll find a way to keep it open we offer our support in figuring out thank you. and the last card is john do you want to speak he's not here so we're not closed on

the word underutilization, very important. is saying inflation's no longer their worry, now they're worried about jobs, and they acknowledge the economy's growing. so what they're trying to do is a balancerring act to get job -- balancing act to get job growth and then eventually interest rates will go up. liz: okay, now to mark newton, you guys look attic-by-tick reaction, what jumped out at's t reaction you saw in the wake of those notes? >> well, a couple different things. one is the fact the dollars are making very big progress. the 30-year's been pretty subdued to some extent. you also see the s&p, the fact even though it's slightly positive, even though it's given back almost all of its gains, it continues to be a mirage to the weakness in the rest of the markets that being the transports, the semiconductors. you're seeing breakdown in the utilities today, a lot of sectors that really aren't participating -- liz: let me just stress though, you're talking about today, because if you're looking at the transports over the p

parking we have a balance things carefully and the use of the western side makes sense because it is underutilized we can use some of the pedestrian traffic and although this is water under the bridge the traffic open pacific and jackson didn't happen decided by the voters but would have opened up a couple of streets to embarcadero you can't now. >> commissioner johnson. >> i look at this with my shining hat on but as a mission bay resident and i'm wearing my first day of clothing the embarcadero is how i usually get from the south side of the city to the north side i have a few comments i want to echo commissioner president wu comments on how you engage lower to middle-income residents one of the things as part of talking about the schematic design is the street furniture looking at ways to engage the community when the cost of goods is a barrier to people enjoying the embarcadero that's not a lot else to do by walk really far or stand or continue walking, you know, there's not a lot to do but to spend money and buy something so ways people can engage with the embarcadero that aren't involving tr

of folks using them every week but we also know that we still have a lot of facilities that are underutilized that are outdated. as someone who represents where you know of the districts that has the least amount of open space, i certainly know on behalf of my constituents the tremendous challenges of trying to find open athletic fields in san francisco, safe playgrounds that aren't inover use and this is why i'm happy to support this measure because we just can't build more parks and we need to get more use ourt of the parks we already have. this is a measure to ensure that properly reviewed park projects that were found already by this board of supervisors to be projects that we could approve should be allowed to provehicle code. i was proud of the fact that this board approved the beach valet project ten to one. i'm disappointed we need to revisit that and i think it's important for us to move forward projects that have will ever been thoroughly and properly reviewed. i think it's important to note that this measure does not shortcut the process or prevent process appeals, but guarantees t

it is not underutilization of the labor market. it lots of it. brings thation language and that risk is diminished. for as not like the line simple time after asset purchases and the question is, which one stands out the most to you and what matters. fed is likethe watching a bouncing ball. look at where the dollar is where the fed is going. especially the euro. i think that is the key. they get the euro lower and it is about coordination. ande has been an omen of it a stronger dollar with a weaker euro. and itre going to change is all nuance. exactly where the new wants falls is in the next couple of days. the u.s. under usage of the workforce is critical to watch and that is the key thing that has really determined what the thinking is with policy. intoo you get more people the workforce and consuming. is about their job. is the job of monetary policy to be solving the problem? >> i think the fed sees their role as supporting that. patty get the economy working properly. the consumption factor is key in any central bank goal. we talked about th

they're pursuing now will allow us to get there, to a reduction of the gap between the broader underutilizationumber and the broader unemployment number, but that's going to take a while, probably by some time next year. we still haven't seen pressure in wages, and actually, if you look at the gdp rescissiovision reduce the wages and salary growth over the last three years, so we haven't seen a lot of pressure there. >> randy, i'm just wondering, though, acknowledging that 2% gap that's in there. the fed can't wait until that gap is entirely closed to bring -- >> for sure. >> -- to begin bringing policy back to normal. some time between now and the closing of that 2% gap, rates have to move. >> so, i think -- and in some sense, they're gradually doing that through the stepdowns in the asset purchase program, which i agree, as you had mentioned before, are likely to end in october, and it will be in a little bit of wait-and-see mode. then obviously, we have to see which way the inflation pressures are going. if they heat up, the fed will have to move a little bit sooner. but i think the consensu

underutilization is difficult. you can save off time and that makes a difference.s what happened in the industry is there has been a lot of changes. more modern rigs are coming into the market and giving you more and more production. >> so you are literally cutting the time in half which can be significant. it's a $30 billion business growing 10% to 15% a year according to one analyst. alix steel joining us with that story. thank you so much. they with us. "bottom-line" continues and we will tell you how the u.s. housing recovery is getting a boost from veterans. ♪ >> it is time for today's latin america a report. stocks in brazil dropped for a sixth straight day after argentina missed a payment on its bond. the bogus bethel about 2%. argentina was brazil's against trading partner last year according to data compiled by bloomberg. stocks have rallied since march following speculation a change in government would reduce intervention in state owned companies. the jobless rate in chile climbed in june as economic growth slowed to the weakest pace in four years. the un

. >> it was totally underutilized. it has become an eyesore. certainly inside. you will see the best hotel in the united states and possibly the world. >> reporter: they will see the finest hotel in the country. lit be great. >> thank you everybody. >> reporter: it was no mention of presidential politics by the former presidential candidate at today's event. bruce johnson, wusa9. >> and dc mayor said if the fbi decides to move out of their headquarters on pennsylvania avenue, there would be no shortage of proposals to build new housing there. >> we are just getting started on wusa9 news at 5:00. we will tell you why this video of kim jung un is causing a stir. >>> some heavy storms here. a little southwest of whine chester, we will come back and track these. some gusty winds up to 40 miles an hour. >> the first plane carrying remains from the downed malaysian jet arrives in the netherlands on a day of mourning. the latest on the crash investigation coming up. >> the faa says it will keep u.s. commercial flights out of israel's skies for at least another day. the

furthermore, by our government's own estimates, there may be 77,000 empty or underutilized buildings across the country. the office of management and budget estimates these buildings could be wasting hard-earned taxpayer dollars at a rate of $1.7 billion a year. yes, $1.7 billion. that's a-- astonishing. we're even spending money on buildings that are completely empty because grass needs mowing, the pipes must be maintained, fences must be checked and repaired and the list goes on and on. i truly appreciate and applaud the excellent work this committee has done on this bill. it's particularly tough to craft this year in the wake of the i.r.s. scandals and others. but i do take issues with increases whatsoever to the g.s.a.'s budget for rental of space. we are wasting billions on empty buildings and we're worried about billions in rental agreements? $5.5 billion in rental agreements. i would also like to note the amount proposed in the underlying bill is over $700 million more than the entire court system of the united states. we're talking the supreme court, appellate court, circuit

however, a range of market remainors suggest there significant underutilization of labor resources.ousehold thinning appears to be rising

underutilized labor market. what i would sassume that to mean, and sure that's not what they meant. back soon. the people left are in short supply. skills in short supply sand wages are going up. what does that mean for janet yellen, if she gets by some of the east coast sugarcanesians? >> seeing a big increase in 30-hour jobs just over the minimum wage. >> the north carolina effect. right? >> exactly. they ended extra compensation last july and we saw it pick up in hiring but not a real big pickup in overall income for the economy, because you really are replacing dole money with -- >> limiting me to one more question. interest, after everything we've gone through you still see money going into things like small savings, checking, still dwarfing the money going into equities. finish up with that line of thinking. >> millennials and people even older, all they know is stock market crashes. never see bull markets in the last five years. with two major crashes before that, they don't trust the market. money is going into checking accounts and savings. more than twice as much money has

ironically we underutilize a lot of medications that have a favorable risk benefit ratio. aspirin is only used half the time. blood pressure son lie controlled half the time. even among those at highest risk, statins which are very effective only used half the time. we have to get that risk benefit ratio to make sure that we're above all doing no harm and on balance doing as much good as possible. the fourth is innovation. we need to couple with new tools and while we need new drugs and new antibiotics there's at least five or ten years away that may or may not be available, may or may not work for our resistant organisms and today we can stop, slow or even reverse that drug resistant trend and there's also innovation needed in tracking resistance, understanding it better, figuring out what works to reverse it. in the president's budget for 2015 there's an initiative that would allow us to build five regional centers of excellence all around the country so we can help doctors understand whether patients have resistance faster and in real-time whether there are outbreaks an

you know, we had an underutilized asset, refined products pipeline into west texas that jump startedhe business. we explored putting that proj t project -- that line into crude oil about three years ago. which we just started up last year out of the permian basin. and it's really been a winner for us. it's called our long horn pipeline. the growth in the permian is continuing. that led to another project that we -- that we started about a year and a half ago called bridge text pipeline which is 50% joint venture between magellan and occidental petroleum. that's out of the permian. between those two, we'll have about half of the incremental take away capacity from the permian to the gulf coast. so we have really been in the sweet spot with regards to crude oil out of the permian. >> but you're one of the biggest beneficiaries if the commerce department does get its way and we start exploiting -- start exporting. because you have splitters. you're the company that could benefit the most by export. >> absolutely. if you look at -- if you look at the greatest risk to, you know, increasin

further, however, a range of labor market indicators suggests that there remains significant underutilization of labor resources. household spending appears to be rising moderately and business fixed investment is advancing. while the recovery in the housing sector remains slow, fiscal policy is restraining economic growth although the extent of restraint is diminishing. inflation has moved somewhat closer to the committee's longer-run objective. longer term inflation expectations have remained stable. going to skip over redundant language from the last statement. this one says that beginning in august the fed will cut its qe bond purchases to 25 billion a month from 35 billion a month currently. skipping forward again, over redundant language, the fed is maintaining the federal fund rate at 0 to a quarter percent once again. finally getting to the vote, it was 9-1 this time with philadelphia fed president charles plosser dissenting and he is an inflation hawk. according to the statement he voted against it because he objected to the guidance indicating that it will likely be appropriate to m

net trick, a new sheriff to gauge policy, when it said a range of market indicators suggests underutilizationresources. i went to the cheap of slack out there. former economic adviser to president obama, and he gave a list of what he calls yellen's dashboard. so all of these right here, these three here, are doing better than we did before the recession. layoffs, job growth and job openings. the next group of indicators are doing worse. unemployment, the u6, broader measure and, of course, participation rate nap is yellen's, as in the words of bob, deep, dark pool. the debate sure to heat up. pressure build on the new fed chair to provide markets with a fuller sense of how much slack there really is in the labor market and how quickly it could be absorbed at the moment. a grows sense there is less of it and it's going away quickly. carl? >> steve cashin in the last few minutes suggested we might be on the alert for fed speak prepping the market for a rise sooner than we expect. are you in that camp? >> i think that's right. i think janet yellen will have to make her case on this story and con

they are talking about underutilization of labor markets. that is fed speak for plenty of slack.t risk is diminished. someone has dissented. he thinks the economy has improved much more than that. he wants to see more from the fed. 1.3394, we get data in a few minutes. eurozone inflation data expected to be confirmed at 0.5%. guy johnson and i will bring you that. >> looking forward to it. you have been talking to diageo this morning. distillers biggest suffering from a sales slowdown. jon spoke to the ceo. you will hear from him next. as we head into break, it is time for today's pulse number. $1.6 million. that is how much can kardashians smartphone game generated on the app store. the game challenges users to navigate the hollywood celebrity world. 50%game maker has seen a revenue rise in the last two quarters. ♪ >> the morning. welcome back. you are watching "the pulse." the show conference call is underway. there talking about the situation in russia and ukraine. show was badly hurt by the shocking malaysian air crash. the co is trying to downplay the exposure. "a gamee cras

array of current tax credit benefits is critical given their complexity has led to widespread underutilization, end quote. additionally, this provision would allow pell grants to be used for a wider array of expenses, including room and board, without triggering tax liability. not only does this have widespread bipartisan support, but a poll found that 80% of americans support extending these policies. no one should be discouraged from pursuing continued learning, but because tuition prices continue to climb while wages continue to fall, families and students nationwide are wondering if they can even afford it. today we can do better by these hardworking americans. i encourage my colleagues from both sides of the aisle to move this bill through the house and ask for both the senate and the administration to work with us in finding simple, commonsense solutions like these for the american people, and i reserve the balance of my time. the speaker pro tempore: the gentleman's time is reserved. the gentleman from michigan, mr. levin. mr. levin: thank you, mr. speaker. i'll utilize such time as i n

eatotes today, what other -- what other underutilized assets can you bring? today, what is next?volves, seeing providers pop up to complement our services. as we continue to bring new ters, marinas and dealers, all sorts of partners are working with us to bring tech. we are seeing massive growth. leave ite got to there. thank you for joining us, the founder and ceo of boat found. the for us to take you on markets. scarlet fu has more. >> thank you. we will head straight into the options insight today. joining us right now is scott bauer. you have got a trade for us on twitter. a bullish or bearish strategy? neutral strategy. not a lot of earnings history. the options market is pricing in at about a 25% move. it sounds complicated but it is really not. for those options traders out there, this is a golden nugget trade. i am selling a call spread. august 30 eighth, about where death august -- august 30 eight. -- aguest 38.est all day long ride again that risk reward to this type of trade, especially when it is only four dollars per stock earnings. >> you are not expecting the stock

small business, gross domestic product comes from small business, and a part-time work force, underutilizel the creativity and energy, working half time does not result in better jobs across the board for all americans or their ability to buy things. charles: and the skills gap, wages still not keeping up with the rate of inflation. and good paying jobs, higher minimum wage, and overall better economy? >> fix it with a better economy because the projection through different jobs and wages in different levels of responsibility makes long-term growth for a professional and worker and also for businesses. your ability to mansion projects, people, the success for the career and you don't get that through part-time work and especially for young americans, young american women where unemployment levels were 13%, you are looking at economic policies keeping people on the sidelines and not emerging growth and the number one thing that drives success for individuals is more economic growth. charles: we have a little momentum, the administration, to take off. >> take a look get the states. if you lo

trade schools are underutilized and should be put in high school.ood tradesman worth more than their weight in gold. monica it is here. what are you doing here? >> i collected i believe degrees for better or for worse. as a conservative in the ivy the guy was forced to think for myself and forced to go against -- stuart: when you have always been -- never wavered, right out of high school you never wavered. >> i developed my political philosophy and principles when president reagan was in office and i was in junior high. at the time everything reagan said was -- click with the absolutely right. i got older and understood why reagan and small government conservatism was correct but i agree the ivy league is not what it used to be but i also think college isn't for everybody. i agree with the writers, having a flood in your home and you call a plumber at 3:00 in the morning that is worth its weight in gold. not everybody should be going to college. not everybody is suited for it, not everybody is suited for the ivy league. stuart: because you went to

ironically, we underutilize a lot of medications that have a very favorable risk-benefit ratio for people of high risk of aart attack or who have had heart attack or stroke, aspirin only use half the time. half pressure used about -- controlled about half the time. so we have to get the risk-benefit ratio to make sure we are above all doing no harm and doing as much good as possible. the fourth is innovation. you need to come up with new tools. while we need drugs and new in a biotic but they are at least five or 10 months away -- 10 years away. or slowlyan stop perverse must shout the reversing trend. also innovation needed in tracking resistance, understanding better, figuring out what works to reverse it. in the president's budget for 2015 there is an initiative that would be the first of the five-year initiative that would allow us to build five regional centers of excellence around the country so we can help. her's understand whether patients have resistance faster and whether their outbreaks and how we can stop them. it would help us develop a bank of resistant organisms that pharma

ironically we underutilize a lot of medications that have a favorable risk benefit ratio. aspirin is only used half the time. blood pressure son lie controlled half the time. even among those at highest risk, statins which are very effective only used half the time. we have to get that risk benefit ratio to make sure that we're above all doing no harm and on balance doing as much good as possible. the fourth is innovation. we need to couple with new tools and while we need new drugs and new antibiotics there's at least five or ten years away that may or may not be available, may or may not work for our resistant organisms and today we can stop, slow or even reverse that drug resistant trend and there's also innovation needed in tracking resistance, understanding it better, figuring out what works to reverse it. in the president's budget for 2015 there's an initiative that would allow us to build five regional centers of excellence all around the country so we can help doctors understand whether patients have resistance faster and in real-time whether there are outbreaks an

we have 2-year colleges that are underutilized. secondly, we have got to get an energy policy.e have waited for 40 years for an all-inclusive energy policy. we have a god-given boom that drives this economy forward. congress is not focused on the priorities right now. if you look at the regulatory arm, they led the epa -- the president did not dampen trade pass so he went around congressman told the epa to kill col. lastly, let's talk about tax. we're the only country in the world that as a repatriate -- repatriation taxed at keeps $2 million or more outside this country. it is time we get serious about adding economic value to our country's economy. thank you. >> mr. kingston, he mentioned you at the very beginning of this question. here is what will happen. that will give you 30 seconds to rebut, but if i do and you want to take it then i will give mr. mr. perdue 30 seconds as well. it is up to you. >> let me say this, david, we have been fighting for the fair tax to. where were you? where have you been? now you are talking about a national energy tax. you want more governmen

at the end of april, in an article in the new england journal of medicine, describes the underutilization of vital medications and addiction treatment services and discusses ongoing efforts by major public health agencies to encourage their use. medication assisted treatment includes three strategies, therapy which uses methadone, partial which uses bup nor fen and antagonist therapy. we are responsible for overseeing the regulatory compliance of certified opioid treatment programs which use methadone and/or bup nor fen for the treatment of addiction and are being encouraged to use naltrexone. there are. 300,000 people receiving methadone maintenance. there are currently 26,000 physicianings with a waiver to prescribe -- >> can i stop you. 300,000 people receiving what did you say? >> methadone. >> methadone. and that's throughout the united states? >> that's throughout the united states. there are currently 26,000 fashions with a waiver to prescribe bup nor fen. of niece 7700 are authorized to prescribe 100 patients. we estimate there are 1.2 million people receiving bup nor fen. we also

ironically, we underutilize a lot of medications that have a very favorable risk/benefit ratio for people at high risk of a heart attack or who have had a heart attack or stroke, aspirin is only used about half the time. blood pressure is only controlled about half the time. even among those at highest risk, statens -- which are very effective -- are only used about half the time. we have to get that risk/benefit ratio that we're, above all, doing no harm and on balance doing as much good as possible. the fourth is innovation. we need new tools. and while we need new drugs and antibiotics, they're at least 5-10 years away, they may or may not be available, they may or may not work for some of our resistant organisms, and today we can stop, slow or even reverse this trend. and there's also innovation needed in tracking resistance, understanding better, figuring out what works to reverse it. in the president's budget for 2015, there's an initiative that would be the first of a five-year initiative, $30 million a year, that would allow us to build five regional centers of excellence all arou

all, you have to have an educated work force of we have our two-year colleges right now that are underutilized've got to yet them going. secondly, we've got to get an energy policy. we've waited for 40 years to get an all-inclusive energy process. we have a god given boon in new jersey right now, and we're frittering it away. congress is not focused on priorities right now. if you look at the regulatory arm, they let the epa -- the president couldn't get cap and trade passed, so he went around congress and told the epa to kill coal. and lastly, let's talk about tax. we're the only country in the world that has a repatriation tax that keeps $2 trillion or more outside this country. it's time that we get serious about adding some economic value to our country's economy. thank you. >> moderator: all right. mr. kingston, he mentioned you at the very end -- beginning of your question. here's what'll happen. i'll give you 30 seconds to rebut, but if i do and you want to take it, then i will give mr. perdue 30 seconds as well. it's up to you. kingston: we've been fighting for the fair tax. where were