the states on or before december 31, 2007, the alabama legislature makes application to the united states congress to call a convention under article 5 of the united states constitution for the specific and exclusive purpose of proposing an amendment to that constitution requiring that, in the absence of a national emergency as determined by the positive vote of each members of house of congress as the amendment shall require, the total of all federal appropriations made by congress for any fiscal year shall not exceed the total of all revenue for that fiscal year. be it further resolved this application by the alabama legislature constitutes a continuing application in accord answer of article 5 of the united states constitution unless 2/3 of the legislatures of the several states have made application for a convention to provide for a balanced budget. that in the event congress does not submit a balanced budget to the states for ratification on or about december 31, 2007, the alabama legislature hereby requests that the legislatures of each of the several states that compose the united states ap

, a threat to our interest and it has to be approved by the congress of the united states. the congress of the united states is the only body that can declare war. he can't do that. he can manage a war. he's the commander in chief once we go into war, but he can't start a war unless it's in our national interest or if there's a threat to the united states. and that was clarified by the war powers act during the nixon administration because there was some question about the latitude the president might have using the constitution. so the constitution was explained very carefully in the 1970's in the war powers act. now, that's never been tested in the courts. some say it's unconstitutional. but the fact of the matter is, it's the law of the nation. and the president cannot violate the law or the constitution, and in our opinion he's violated both. now, let me just tell you what's going on in this war that the president says is not a war. we have flown almost 30% of the sortees. that means we have flown 375,000 flights into the combat area. we have dropped bombs and miss --

speaker, i think that the reputation of this united states house of representatives in congress is at a low ebb. because of the fact that we have en-- haven't acted prior to this date, the fact that the reputation of the united states of america is on the line and we're being talked about in the same level as the economies of spain and greece and ireland and portugal. this should never have happened. and i'm embarrassed as i see the greatest power on earth and the country that has been the greatest power on earth through my entire life possibly diminish because of the actions of the other side in not getting this debt ceiling resolved. the rate of the united states will go down, that will cost interest rates to go up, that will cause us to lose jobs. and to extend this for just six months which is what is happening means the same theater will take place again in six months. the american public doesn't want to see it, moody's doesn't want to see it, standard & poor's doesn't want to see it, the markets don't want to see it, the world doesn't want to see it. when i was in europe in germ

. ♪ hotwire.com >>> now you want to talk about a dysfunctional family, take a look at the united states congresse doing on the debt ceiling. in our family, my husband and i would have taken that credit card, we would have chopped that baby up. >> last night around dinner tables across our country, moms and dads were going over the family budget. they are spending within their means. >> families have budgets, they live within their budgets. >> american families have to deal with this all the time. it's time that their government dealt with it as well. >> what is so wrong with giving american people the opportunity to speak, to say congress, you have been out of control. you need to balance your books like all of the american families in this country do. >> the hair on fire fight happening in washington right now is fundamentally a debate over whether or not to destroy the economy. and one of the republicans favorite ways of trying to distract you from the fact lots of them are on the yes, we should destroy the economy debate is make the debate you heard, conjure up this fake metaphor between indi

one house of congress willing to jeopardize the economy of the united states unless the country capitulates and accepts policies that otherwise do not enjoy a majority support, policies that could not pass the congress, policies that would be vetoed by the president. this is simply unprecedented. madam president, i believe this unprecedented action requires an unprecedented response. as at other critical junctures in our history, the president must act boldly to protect our constitution and more importantly our country. madam president, the constitution never envisioned that one house of congress would willingly destroy the united states economy in order to obtain policy objectives it could not achieve through the normal legislative process, yet that's the situation our nation finds itself in. the legislative process is hard, it's frustrateing. trust me, there are many ideas and proposals that i have fought my entire career on to become law, and they never are like i envisioned starting out because you make compromises along the way. yet, rather than engaging in the hard work of persuading

>> if you are asking whether he made a formal submission to the united states congress, no. but he made a public speech. >> i would suggest that perhaps if there is no objection we might enter the president picked speech into the record of this committee so it is officially on the record of the rules committee of congress. if there is no objection, i would like to submit that. >> without objection. >> thank you. >> i have had an opportunity to look at the distributional pages of who pays taxes and who pays income taxes. you talk about a majority vote to cut medicare or social security. medicare and social security receipts come in directed to social security. that are directed from the payroll tax. the government has no choice but to send them back out. the same thing with the trust fund. those must go back out. primarily, we are talking about other pots of money. 52% of the american people now are paid 100% of the income tax in this country. that is where we are good to find the money to pay back our debt. the top 10% of income earners are paying 40% of the taxes in this co

at this very moment the whole world is watching in on the united states congress. it is a sad day for the united states congress. we in america, the preeminent military, economic and cultural leaders in the world are governing like we're a thirled world country -- third world country. t.s.a. sad time for this body -- it is a sad time for this body that we cannot come together. sad is the american public who looks in at this and recognizes that it's theater, except that it's become the theater of the absurd. in a frail recovery where americans are already overburdened, what we have in front of us is a manufactured ideological crisis. 18 times the debt ceiling was raised for ronald reagan. eight times for george bush. because they would never stand in this body to see a default on the full faith and credit of the united states. as the world looks in and we default on a global economy and we default, march toward defaulting on a national economy, the most ruinous thing is that we are defaulting on household economies. what this body should be focusing on is dealing wit

now after person who says that but what's remarkable is that was the majority leader of the united states congress at the right and but so what i want to ask is that if you have this group it's lobbying washington because of these beliefs and the united states is very supportive of israel three billion dollars in aid annually on average military support political support foreign policy support is this for the biblical prophesy . this is just the reason the christians united for israel exists is. for several reasons one israel is one of the top three issues for the religious right sides of fortune and opposing gay marriage or the existence of gays . but number two the israel lobby jewish groups who i consider to be extremely right wing like a pack are promoting christians united for israel because of israel's fear the israeli government's fear of what it calls the legitimization now that it's being a pariah state ok just really really quickly i'm so tired we're almost out of time but i just want to ask you if yes or no you see this as a logical influence in politics by this group to be problematic

united states. we are behind politically, and you know, we haven't had a female president. many, many countries around the world have. we don't have anything like representation is fair in congress. it's appalling. it's 16%. and that is not what you see in other countries. we don't have any paid maternity leave that's mandated. >> this is holding the united states back from advancement. >> women in the united states are arguably doing well. they earn more degrees and make up more of the workforce than ever before but evans is concerned that women are falling behind their international counterparts. >> our women can't have what all of the other women in the world have, in terms of what is a basic need to be able to have children and still work than we are going to fall further and further behind and it's just going to accelerate. >> women may even be moving backwards. in 2010, 15 of the fortune 500 companies had female ceos. in 2011, that number is 12. >> businesses in this country do notice they need talented women but they don't step forward and do the right thing that women need. of course, there's a huge amount of legacy here. we still have men at the top. we have not progres

absentees to pay the debts and provide for the common defense and general welfare of the united states. congress will have the power to provide for the general welfare of the united states through it right there in our constitution and our founding fathers who wrote the general welfare clause knew exactly what it meant that's why george washington was the very first president to sign legislation authorizing funds to provide for housing food education and medical care to the poor in washington d.c. that's why john adams and thomas jefferson our second and third presidents continued our policy without a second thought that's why the first veto of our fourth president james madison the main author of the constitution was to kill a piece of legislation that ruef the responsibility for caring and pain for the poor from the federal government to a church in d.c. madison didn't believe the government should ever give money to churches for any purpose and the one of the most important jobs of the federal government was to catch those who fell through the social safety net reduced me to a message he said

it's frustrating to be here in the united states congress, pounding away, to have to pass legislation to fix something that's just a matter of intellectual lazyness, but the people enforcing this, the people handing out birth certificates almost hike candy aren't challenging it. they don't have a very good constitutional understanding, or there'd be pushback from the other countryside. but in the o.b. ward they've got to have stacks of these birth certificates an when a baby is born, it's almost an automatic process, here's the footprint, here's the data, here the birth certificate, send that child off, they're an american citizen. what do we suppose happens if the diplomat or wife of a diplomat or even staff oa diplomat comes into the hospital to have a baby? do they meet them at the door and say, are you a diplomat? are you on foreign immunity? do you think your baby will be an american citizen? we're not going to allow it. doesn't happen, mr. speaker. what happens is the children of diplomats are often confered with automatic citizenship because the whole system of america is so au

at this very moment the whole world is watching in on the united states congress. it is a sad day for the united states congress. we in america, the preeminent military, economic and cultural leaders in the world are governing like we're a thirled world country -- third world country. t.s.a. sad time for this body -- it is a sad time for this body that we cannot come together. sad is the american public who looks in at this and recognizes that it's theater, except that it's become the theater of the absurd. in a frail recovery where americans are already overburdened, what we have in front of us is a manufactured ideological crisis. 18 times the debt ceiling was raised for ronald reagan. eight times for george bush. because they would never stand in this body to see a default on the full faith and credit of the united states. as the world looks in and we default on a global economy and we default, march toward defaulting on a national economy, the most ruinous thing is that we are defaulting on household economies. what this body should be focusing on is dealing wit

and yet some of our colleagues in the united states congress, particularly on the other side of the aisle in the house, are, despite all the evidence, all of the judgments made by knowledgeable people, by economists, by business people, by outside observers about the danger and inadequacy of what they're proposing, despite that they'r insisting notn a matter of common sense or as a matter of logical economic policy but insisting as a matter of politics and ideology on holding the entire economy of our country hostage and be damned with the risks. notwithstanding what that may mean for 401(k)'s for families, what that may mean for investments that are on the brink today becausef the fragility of the economy, notwithstanding any of the advice of people who deal with money on a daily basis in terms of invesents, these people, many of tm who've never served in public life in their lives, never been part of a compromise but have come here with one ideological purpose, these people are putting the entire nation at risk. there are a lot of people here, particularly here in the senate on the othe

it castrates the united states congress. it castrates and eliminates our ability to make public policy for better or for worse. i added -- had an exchange with one of my colleagues on the rules committee as we were bringing this to the floor, i said this is an absurd -- imagine if we said -- if there was a democratic majority and said, we should mandate that public sector should be 22%, it never even crossed our mind. yet here the republican majority is trying to insert into our governing document, one that they say they have great respect for, one they began the sofingse the house by reading, inserting sexact formulated fiscal policy regarding the exact size of the public sector. taking that ability away from the voters of this country, taking the discussion away from the deliberative bodies of the house and senate, taking it out of the hands of the election for president of the united states, removing the fundamental issue of what role government should play. for political debates. that is grossly undemocratic. it should b

congress? >> i'm not sure we would seek approval. >> i think that is curious. this body has been elected to represent the people of the united states in your acting under the authority of congress. i think you might want to consider allowing congress to have some input as well. when we get down to the regulations. i think probably every member has heard, we are spending one trillion dollars a year right now in regulatory costs. all regulations are not bad, but i think it would be appropriate for your consideration to come back to the body that authorized your agencies to be able to review those regulations rather than assume that you have absolute authority. i yield back the balance of my time. >> the next person in the order of questions is mr. fleming of louisiana. >> thank you, mr. chairman. i'm from the fourth district of louisiana, shreveport, ocean city, the sonia sotomayor parish. that is where the shale deepwater horizis. only three years ago, we had no idea what it was or would be in the future. it's had a tremendous impact on our economy. $11 billion so far. jobs. poor parishes that are now doing well economically. we see

politics is stagnating, even dropping constituently, with the percentage of women in the united states congress dipping, al be it very slightly, for the first time in more than 30 years. at the state level, you see a real drop. the number of women in elected positions like governor, lieutenant governor and the cabinet post has decline steadily over the past decade. after rising for 30 years. senator kirsten jill i brand wants to think about it, as does democratic congresswoman kathy hochul who watched that special election in new york city. well, both of you are pathfinders in different way, so i want to start with the senator. it seems -- it's very hard to figure this thing out. it seems like there was a projection there, a projectile moving in one direction and you're saying it's leveled off and you want to do something about it? >> absolutely, chris. what i want to do is get more women off the sidelines, to get them engaged, so they're voting more, running for office more. the reality is decisions are being made every day about issues they fundamentally care about. these are issues where if

look, i've been grilled by the united states congress, the united states senate. i think there's some people in this room smarter than that. fire away. >> i want like to know, my son is a latter day saint and community. what was the role with church groups comes in to help. how do they set it up? who goes? >> those people that worked with me know how i feel about the ngos, nongovernment. i think they are the most effective and the most rapid responders that you can have. you know why? they are not burdened by rules and regulations. they are able to go where they want to be, as long as they can get within a secure area or perimeter, they can get wherever. they are the most effective of feeding and taking care of people. they should be an example for us. my theory had been this. we have all of the rules and regulations. congress and others will tell you we have the rules and regulations to have accountability. i think it's just the opposite. we have all of the rules and regulations to avoid accountability. we have the rules and regulations so the easy answer, i can'

sanity will prevail in the united states congress. and they will reach a compromise that is acceptable to a majority of folks in the house, to a majority in the senate, a mix of republicans and democrats, which is required to get anything big done, and that can meet the approval of the president of the united states. and that is what the american people want. if there is any lesson that we have learned through this process, it is that by overwhelming majorities, the american people, democrats, independents, and republicans want compromise. they do not want their politicians to do -- to take absolutist positions. >> white house press secretary jay carney. thank you so much for joining me tonight. >> thank you, lawrence. >>> coming up next, the senate mccain as soon as he goes on fox news. that's in "the rewrite." my contacts are so annoying. they're itchy, dry and uncomfortable. i can't wait to take 'em out, throw 'em away and never see them again. [ male announcer ] know the feeling? get the contacts you've got to see to believe. acuv

for as long as there's been a united states congress, there has been a speaker of the house, and in all that time, all 220 years, only one speaker of the house has ever been elected president. that would be president james k. polk, who successes or lack thereof warrant their own analysis. another way to think about a speaker's success is the sheer amount of work that gets done and how difficult that work is. let's go back to the olympic's comparison for a moment. sports like diving and gymnastic are great to the degree of difficulty and quality of execution. nancy pelosi, in her first term as speaker, in her very first term, over 300 laws originated in the house of representatives and went on to become law. in her second term about 250 laws originated in the house and went on to become law. that's 550 laws, some of which were the political equivalent of a gymnast double back with a double twist, and if you don't know what that is, google it. we're talking about the stimulus, ethics reform, financial reform, minimum wage increase, repeal of "don't ask, don't tell," the lilly better pay a

the most direct representation of the people is the people's house of representatives, the united states congress down with a mandate and the united states people had a mandate to do it. the west thing they can do is go with the mcconnell plan which creeds their constitutional authority which they cannot do. you cannot give power to the president, it is outside the balance of their constitutional duty. that ought to be off 9 duty. >>stuart: the vote an hour and we believe, and i am sure you will much what it closely. is this democratic congressman blaming american people for the in addition's debt mess? we will ask him. woman: saving for our child's college fund was getting expensive. man: yes it was. so to save some money, we taught our 5 year old how to dunk. woman: scholarship! . anncr: there's an easier way to save. get online. go to geico.com. get a quote. 15 minutes could save you 15% or more on car insurance. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympms. but if you have arthris, staying active can

erskine bowles told you earlier today, and i'm quoting here, the agencies are looking at united states congress are on a mountain and about to give birth to a mouse. in the end, it's the little guy will be hurt if the downgrade takes place. is it the little guy that gets hurt? >> yes, i do notice when we look for signals coming up here, you played some bites, among them the president earlier, who has now changed his talk away from the risk of default to the risk of a credit downgrading because i don't think we're going to be looking at a default. a default would be a nonpayment on a bond holder, some of these extended through social security and medicare beneficiary. i don't see that happening and the president was among the early sort of warners, if you will, saying, look, you don't move on this, we're going to default. so, now they've taken that talk off the table and dialed it down a bit to say the risk of a downgrade is imminent. i think, kelly, that regardless we're going to get downgraded, because whatever deal we cobble together here, it might just be sort of a sad loosy goosy kind of a

. >> re: whatever happens, isthisl say that the united states congress began to take a serious look,you know, at the nature of both taxes and spending, especially spending, and we wi say this was a turn that took place because of the debate we're having now? >> we haven't seen that yet. i think there's more -- more about posturing, positioning right now. i think there waa ance for the congress and the white house to do it after the simpson-bowles report came out in december. i think both punted. obama justifiably gets criticized for not rising to the occasion, but neither did paul ryan or house republicans. i think there was another opportunity a couple weeks ago with these deliberations between boehner and obama. they've fallen through. i'm not sure why there's grounds for optimism. looking ahead, charlie, there may indeed -- some of the ratings agencies have said, even with the debt ceiling increase, there may be a downgrading of u.s. credit, because we're not optimistic about that long-term outlook. >> i mean, the only thing that would gi anybody any sense of optimism, if they pas

getting towards the end, but in the end, cooler heads will prevail, sanity will prevail in the united states congressand they will reach a compromise that is acceptable to a majority of folks in the house, to a majority in the senate, a mix of republicans and democrats, which is required to get anything big done, and that can meet the approval of the president of the united states, and that's what the american people want. if there's any lesson we learned through this process, it is that byáhp &hc% up next, one way or the other, the action will soon move to the senate. new york senator chuck schumer joins me next. >>> and war hero john mccain is bullied by sean hannity into rewriting himself. that's coming up. >>> coming up, if the republicans were worried about deficit reduction, there's a simple way to do it, but that's not what the republicans really want to do. ezra klein will explain. >>> and the senate's straight talking john mccain becomes double talking john mccain as soon as he goes on fox news. that's in the rewrite. >>> we're continuing our breaking news coverage of tonight's events on cap

at this very moment the whole world is watching in on the united states congress. it is a sad day for the united states congress. we in america, the preeminent military, economic and cultural leaders in the world are governing like we're a thirled world country -- third world country. t.s.a. sad time for this body -- it is a sad time for this body that we cannot come together. sad is the american public who looks in at this and recognizes that it's theater, except that it's become the theater of the absurd. in a frail recovery where americans are already overburdened, what we have in front of us is a manufactured ideological crisis. 18 times the debt ceiling was raised for ronald reagan. eight times for george bush. because they would never stand in this body to see a default on the full faith and credit of the united states. as the world looks in and we default on a global economy and we default, march toward defaulting on a national economy, the most ruinous thing is that we are defaulting on household economies. what this body should be focusing on is dealing wit

they have to look at these empty seats and wonder what is happening to the united states congress in the united states senate. i do not know how you justify this. it saddens me. i have been here 27 years. it really makes you stop and wonder how are we going to get our business done if you cannot compromise tax -- compromise? i am deeply frustrated by it. i think the american people -- it has just got to be beyond themselves wondering what is going on in washington, looking at this kind of the spectacle. we give up our fourth of july recess to do visits. they have been screaming about getting these agreements done. we cannot do it. enough said. >> last monday, i held for the first time a full committee hearing, bipartisan, in charleston, west virginia about manufacturing and exporting. the message was basically this. they knew the message. we have lost a third of our manufacturing jobs in the last number of years. but guess what. exports from west virginia to other parts of the world have gone up by 50% in a couple of years. the audience was riveted and galvanized. some companies were

that is the ducking of our responsibilities as members of congress, meaning the house in the united states senate. passing it off as if something is happening to some magical commission that is going to be constituted as a 12 person coming here is what bothers me about it is going to be constituted in a similar manner as the joint economic committee. i have confidence that the joint economic committee has served an extremely important function for us. here is what the joint economic committee calls. it says distinctly that it will follow its formulation and the same manner as the joint economic committee. also, the bennett of -- benefit of my fiscal conservative friends. it cost $4.2 million in fiscal year 12 appropriations. a $4.80 million last year. it has a staff of 40. i did not get elected to come appear and have some commission was something that is a notional at best. come back to us before december 11 and say to us that i have got to vote up or down with no amendments and two hours of debate. what you have 12 people have decided is what we should be cutting. i do not have any way o

and the republica here in congress are continuing to play political games. last night the united states senate rightly defeated the boehner bill on a bipartisan vote. that partisan bill was the product of the republicans' my way or the highway approach that held all americans hostage to ransom payment for medicare, medicaid, and social security beneficiaries. . now, we must find a commonsense compromise. that's why i will vote for the reid amendment today -- reid bill today. the reid bill says it will not let us default from our fiduciary obligations. throughout deliberations on the self-inflict debt crisis, my bottom line has been to protect social security, medicare and medicaid. this plan contains real spending cuts and deficit reduction to begin putting our nation's fiscal house in order. it meets the speaker's requirement that spending be cut by the amount at least as large as the debt ceiling increase. and it doeso while protecting social security, medicare and medicaid beneficiaries. it also safeguards programs that provide low-income young people the opportunity to go to college

of voice, your voice, to the white house, just as i brought your voice to the halls of the united states congressf the future, not only for our generation, but for t generations yet to come. i often say that everything i need to know, i learned in iowa. [applause] i learned those lessons at hawthorne elementary, at a valley park elementary, and at my home, which is a very short distance from where we're standing today. because this is where my iowa routes were firmly planted. and it is these iowa roots my faith in god that guide me today. i am is descendeof generations of violence. and i know what it means to be from iowa. -- i am a descendant of generations of iowans. the values out to make iowa, and my mother called the breadbasket of the world. and those values are the best of all of us put together, which we must recapture to secure that promise of the future. waterloo was very different five decades ago when i was here. that elementary school building was much younger then, and i have to admit, so was i. five decades ago. five decades ago when i wt to those elementary schools, the halls were

for people who haven't been watching the united states congress since january, this is actually pretty typical for us. the house pass things, senate ignores it. that's where we've been this past two weeks. the only difference is now there is pretty heavy stuff riding in the balance. i don't know if either side has a rabbit they can pull out of the hat. i think listening to some of your commentary earlier, no, there is not revenue in this. the president got a $500 billion tax bill passed last year in the affordable care act. i don't know the american people neat another whack at revenue. that's important having this come in installments. to have this in february does not concern me at all. have we gotten the cuts? do the cuts produce what they were advertised to do? i think that's what people need to see. whether you approach this in inall statements, we've got another crisis coming on september 30th when the appropriations here runs out. there will be another opportunity. this is not going to go away. this is something the president has to deal with until the 2012 elections. >> as we l

united states. mr. president, were better than this. the congress is better than this. certainly the country is better than this. let me just be brief. the fundamental problems with the balanced budget amendment are as follows: one, it restricts the ability to respond to economic downturns, having all the potential to make an economic downturn even more serious. it uses social security funds to calculate balance and subjects that important program to the same cuts as other federal spending, even know it is funded separately. mr. president, it shifts the ultimate decisions on budgeting in this country to unelected judges and unaccountable judges. finally, it provides for state ratification process that could take years to complete. we need long-term debt resolution now, not in the sweet by-and-by. mr. president, the proposal before us has all of the potential to turn a recession into a depression. why do i say that? because, mr. president, it would prevent congress from taking urgent action to provide lift to the economy in the midst of a severe economic downturn. here's

it's like the united states congress. so, i mean, it's... and his background may have added weight to the fantasy and the magic that has made it more and more interesting as people have tten older looking at it also. >> re: how much excitement was there about harry per? >> "harry potter" for kids my age, people... we were in first, second, third, fourth grade when the first book came out. i remember a friend of mine had gone to london for a school vacation and came backwith the first copy i everaw of arry potter" and theyead it to us in school in library time or whatever it was called. and that was where "harry potter" began. and it's really just absorbed our lives. it's become such a ben if non. to david's point earlier, if you were trying to sell used furniture in england, the best thing that ever happened to you was "harry potter" because in this last film they have a 60,000 square foot room called the room of requirement that's entirely filled with used furniture th the collected for the movie. and i think much kind november that same wa

i got to come to the second one as a candidate for the united states congress.o all of you for not winning. it has meant a tremendous amount tiki to be able to come to these events and talk to all of you about the step that you are working on and the things that you really care about. this event is incredibly important, not only to the future of the progressive movement, but to the future of our country. >> i agree. there is so much all of us can learn from each other. we can build off each other, just getting to know each other. some of us will start talking to each other over e-mail or read about each other's work. many of us are meeting each other for the first time, but that energy and dedication really mean something and we can really build off of that. every year i come out of this conference energize, educated, and really ready to do the real work a i am inspired by each and every one of you because you do all of the work that it takes to take back your country, your town, your community, your school board. it is really inspirational to meet and it makes

here we are in the united states that we're actually forcing the united states congress is creating this unnecessary challenge. now, i can expect you blaming the president. i can't agree with you, the facts are off. when you look back to 2010 after the election, obama stepped forward and extended the bush tax cuts. going to extend the payroll tax cut. going to create one way to extend the employment benefits. going to extend don't ask don't tell. that's a lot to get done. obama made a change. why is it that the tea party unwilling to accept a three-for-one exchange. $3 of spending cuts and less than $1 of tax cuts. tax revenue is on the wealthiest of americans. at the end of the day, philosophically, we said yesterday, republicans are deciding, the house republicans, to protect the wealthiest of americans. >> you can beat them to death if you want it to, but it's the fact -- it's reality. the president of the united states, you've got to look at reality and say look, these guys in transit, we'll going to have to bypass them and do what we can do. he failed to do that. he kept beating the

in the united states, congress, including republicans, voted for a budget in which expenditures exceeded tax revenues. so the logical consequence of that budget again passed by the house republicans and by democrats is that the government has to make up the difference by borrowing. to come at it now after the budget has been passed is like getting your visa bill and then calling up the company to say, actually, we don't want to buy all that stuff we bought. that's not how it works. first you pay the bill, then you can change your spending habits. so why do we have a debt ceiling anyway? ironically, it was put in place during world war i so congress didn't have to authorize every new issue of debt. it was assumed it would be a formality to raise it. since 1960 the debt ceiling has been raised 78 times. my basic point is that this is a crisis we have manufactured out of whole cloth. we have created the circumstances in which the world now doubts our credibility, rating agencies are thinking of downgrading our debt, and the dollar's role as the world's reserve currency could be jeopardized.

>> if you are asking whether he made a formal submission to the united states congress, no. but he made a public speech. >> i would suggest that perhaps if there is no objection we might enter the president picked speech into the record of this committee so it is officially on the record of the rules committee of congress. if there is no objection, i would like to submit that. >> without objection. >> thank you. >> i have had an opportunity to look at the distributional pages of who pays taxes and who pays income taxes. you talk about a majority vote to cut medicare or social security. medicare and social security receipts come in directed to social security. that are directed from the payroll tax. the government has no choice but to send them back out. the same thing with the trust fund. those must go back out. primarily, we are talking about other pots of money. 52% of the american people now are paid 100% of the income tax in this country. that is where we are good to find the money to pay back our debt. the top 10% of income earners are paying 40% of the taxes in this co

i have been grilled by the united states congress and senate. i think there are some people in this room smarter than that. fire away. >> a latter-day saints community. church groups coming in to help? how did they set those up? >> most people who work with me know how i feel about the non-government organizations. i think there are the most effective and the most rabid responders a you can have. you know why? they are not burdened by rules and regulations. they're able to go where they want to go. why is the ticket within a secure area and within the perimeter they can do whatever they want to do. they're the most effective at beating in taking care of people. they should be an example for us. my theory is in this, we have these rules and regulations. so that we can have accountability. i think it is just the opposite. we have the rules and regulations so we can avoid accountability. we have the rules and regulations so that the easiest answer for us to give is i can't do that because it is against the rules. i would like to do that, but it's a