i would be broken if i was hauled before congressman henry waxman. have you ever seen henry waxman? this guy looks like a combination of the original phantom of the opera with mortimer snared. waxman grill greenspan, got him to admit that all that self-interest stuff, all that virtue of celtuce the stuff of that individual self-interest, self regulation staff to and really work very well. and greenspan said, yeah, i guess it didn't work so well. he basically recanted. so when i met him i said, did you really recants? i mean, i kind of saw it on you to. he said to my no, not at all. you complete -- that is completely taken out of context. no, it's not. a year had passed. so i have my copy. my favorite ayn rand nonfiction book is capitalism, the unknown ideal which has two chapters written by alan greenspan, one of which is called gold and political freedom. i have a first edition copy of that. i brought it with me. i said, do you still stand by this? should i be asking you to sign this? ♪ every word. i stand by every word ayn rand ever said and every word i ever said. it has all stoo

waxman: yes. the speaker pro tempore: all those in favor of taking this vote by the yeas and nays will rise and remain standing until counted. a sufficient number having arisen, a recorded vote is ordered. further proceedings on this vote will be postponed. pursuant to clause 12-a of rule 1. the chair declares the house in recess until ap journal." "washington journal" continues. host: our guest is scott hodge, president of the tax foundation, to talk about debt negotiations and tax revenue issues that are out there. here is one of the headlines, "new york post." "before catastrophic damage, summit snags on tax fight." would you like to see happen? guest: we would like to see fundamental tax reform, and as a means of making the tax code simpler, more efficient, and more economically beneficial, but not as a means of raising more revenue to the government. we think taxes are as high as they need to be. spending is the problem right now, and we need to tackle the spending issue. tax reform is import

waxman: madam chair, i yield myself five minutes. the chair: the gentleman is recognized for five minutes. mr. waxman: i rise in opposition to h.r. 1938. this legislation is unnecessary and it's harmful. it cuts short the state department's ongoing review of the keystone excel tar sands crude pipeline. it would deny the public an adequate opportunity to comment on whether the pipeline should be built. and it benefits a specific foreign company, transcanada corporation, at the expense of the american people. there are really two distinct questions here. do you think the keystone pealline -- pipeline is a good idea and does it make sense? i happen to think the pipeline is a bad idea, feen you support the pipeline, you should oppose this bill. the keystone excel pipeline would carry a sludge made from canadian tar sands through the middle of america. in doing so, it would raise gas prices, endanger water supplies, and increase carbon emissions. and that's why it should not be approved. keystone excel is a highly controversial project. t

well, go to youtube because that is what he said to henry waxman. some of the lessons you can learn from atlas shrugged is if you don't want to end it being a broken man, how the little integrity. stick by your guns. now, one of the secrets of alice shura pop enduring popularity fade is also a profoundly. the. it's the best of times in the worst of times. the heroes in it are absolutely inspiring. you can read that book and not identify with characters like dagny taggert francisco takagi at and a very, very inspiring book and i am here to tell you that our world, as weak as it stands is absolutely populated by those kinds of heroes. like all heroes, some humans are tragic areas, like some of the heroes in atlas shrugged in fact. so let's look at some of the heroes. henry reardon come to steel tycoon who invented a revolutionary metal, had it taken away from him by the government was blackmailing him. ring any bells? how about bill gates, exactly, everything. college dropout, created a revolutionary type elegy to transform all of our lives, extended,

waxman and mr. markey just said. if you have joe barton and mr. marky on a bill you cover the political spectrum not only of this committee but of a congress and i couldn't agree more with what former chairman waxman and current ranking member waxman said that privacy is not a partisan issue and i do believe as he said that it is time to act and hopefully this hearing and several others we already had with the testimony we hope to hear from our administration officials will lead to action in this congress. i am co-chairman of the privacy caucus and have been an advocate for privacy for almost 20 years in congress. in this year alone i have sent letters, most of them with mr. marky or mr. walden or others to facebook, at&t, sprint, the college board, act and even the social security administration questioning activities they have engaged in that appear to impinge on our citizens's privacy. i have also introduced h.r. 1895, the do not track kids act of 2011. this legislation has five important things. it updates the online privacy protection act of

thank goodness for tom davis, a republican from virginia and henry waxman, democrat from california, will help these hearings, or they never would of been held accountable, including the owners who denied it, and the commission appeared the mark mcgwire had biceps' bigger than my thighs. would that give you pause just looking at that? >> i have no idea what your eyes look like. [laughter] one of the things -- one in -- i have no idea what your thighs look like. one of the things you do not do is lie in front of congress. i do not care if he was doing steroids or whatever else. >> is that not what the lewinsky scandal was all about? baseball is only a game. i would correct all of this in the record books, put asterisks on all the records and keep them out of the whole thing. >> last word. thank you. see you next week. >> for a transcript of this broadcast, log onto insidewashington.tv. hi, i'm alex guiriba outreach program services coordinator at college of san mateo. and csm alum. csm gave me the opportunity to transfer and graduate from the world's top public institution. and also,

they are going to increase under the waxman-markey bill we were going to increase our solar deployment7% and the chinese are increasing their solar deployment in five years by 20,000%. they are increasing wind deployment by 1200%. they see this as the arms race of the 21st century. >> right. >> and, you know, we have a lot of troglodytes up on capitol hill who are taking their orders from. [laugh] .the carbon cronies and we need to get them to get off their hands and understand that we're in world competition, we're in a world market and we need to start leading and instead of following. >> well, you couldn't be clearer where you are coming from. mr. kennedy, we are out of time. i appreciate so much your point of view on all this stuff and thank you so much for being here. >> thanks for having me. [applause] >> good to see you. [ applause ] >> funding for overheard with evan smith is provided in part by hillco partners, texas government affairs consultancy and its global health care consulting business unit, hillco health. and by the mattson mchail foundation in support of public telev

welcome to congress on tuesday, now run against waxman on wednesday. welcome to california. watching california's commission has been really amazing for some who focuses on insider congressional baseball, if only because this is a brave new world. it is the largest laboratory of reform in the country in redistricting right now. redistricting california is like trying to partition a melting pot. given perhaps the most complex redistricting job in america, giving it to a group of people who were selected in part by lottery and in part by sending in their resumes of how nonpolitical they were. the result has been 14-member citizen commission that has earned plenty of criticism from the outside, for example, picking a mapping from the republicans argued had ties before to democratic planning perspective. but i give the commission in watching their meetings, even if it is like watching paint dry, higher marks than most people would have guessed they would give them early on in the process. watching them work together as a group of 14 and very tedious meetings to come up with new

commissioner northup comedy think congressman waxman's proposed the legislation will likely ease any under the consumer product safety and protect? >> no, i don't think it goes nearly far enough. in fact, you know, he has proposed previously a functional purpose exception, which i have to say is like picking winners and losers. if you think a part -- first of all that says it can't be harmful to children, and then it says if it serves a function, for example the bicycle, then we can extend it. well, if it doesn't harm a child, why don't we have to then extend it part by part? it means big companies that have lots of product or big expensive products can afford to get a functional exemption because it's a very complicated petition you would have to follow with us. they can afford to solve the petition and all the supporting work and everything and then we can expect them before small needs for the same exact materials that do not harm a child. and i think that, you know, they probably would be able to afford either the wait for us to act on it or the cost of the petition together, so

very proud of the legislation, but henry waxman introduced legislation that would deal with some of the unintended consequences. i think maybe we as a committee ought to take another look at that legislation, and i know the commission would be willing, as i understand it. i think we ought to look at that. but let me just say, to go back to risk-based assessment, that is what we had before. i think that what we have found is that -- why we regulate, and that is because time and time again, industry has shown that they are going to police themselves. one of the issues is the industry standard, and we had a press conference with the attorney general in illinois on june 28 when the crib standard went into effect, and i congratulate all of you on that, although i have to say i was disappointed to see the press release that went out that we did not give people enough time when, you had said earlier that you wished it had gone into effect the next day, so that parents could be sure when we put our kids to bed or our grandchildren, that they are going to be safe. so let me ask you -- do you con

waxman for five minutes. is it five minutes? five minutes for his opening statement. stomachs before mr. chairman. this is the fourth hearing the subcommittees have on the issue of regulations. the others have been the president's executive order, and the third focused on health regulations recently adopted. now we are looking on the independent regulatory agencies. the president's the executive order applies to those agencies under the office of management and budget. they are not independent. the agencies before us are determined by law to be independent. that doesn't mean they don't take into consideration the cost and benefits in the issue regulation. the of the comet and get full input. i think that what we need to do is to make sure the we don't have regulations that are unnecessary, but these hearings that we have had dissolved into forms for questioning health environment, consumer protection law that my colleagues on the republican side of the yolly will find objectionable. i was struck by the comment of the last speaker that we don't want these independent a

now run against henry waxman on thursday. >> welcome to california. [laughter] >> watching california commission has been, has been really really amazing for someone who focuses on insider congressional baseball. if only because of this really brave new world. it is the largest laboratory of reform in the country and redistricting right now, and redistricting california's like trying to partition a melting pot. you have given her hats the most complex redistricting job in america to a group of people who were selected in part by -- sending in their resume. and the result has been a 14 member citizen commission that is earned plenty of criticism from the outside for, for example, picking a mapping firm that republicans argued had ties before two democratic perspectives. but i give the commission and watching their meetings even if it is like watching paint dry, higher marks than most people would have guessed they would give them early on in the process because watching them work together as a group of 14 and very tedious, tedious meetings to come up w

now run against henry waxman on thursday. >> welcome to california. [laughter] >> watching california commission has been, has been really really amazing for someone who focuses on insider congressional baseball. if only because of this really brave new world. it is the largest laboratory of reform in the country and redistricting right now, and redistricting california's like trying to partition a melting pot. you have given her hats the most complex redistricting job in america to a group of people who were selected in part by -- sending in their resume. and the result has been a 14 member citizen commission that is earned plenty of criticism from the outside for, for example, picking a mapping firm that republicans argued had ties before two democratic perspectives. but i give the commission and watching their meetings even if it is like watching paint dry, higher marks than most people would have guessed they would give them early on in the process because watching them work together as a group of 14 and very tedious, tedious meetings to come up w

so welcome to congress on tuesday, now run against henry waxman on wednesday. and welcome to california. [laughter] so watching california's commission has been -- has been really, really amazing for, you know, someone who focuses on insider congressional baseball. if only because this is really a brave new world. it's the largest laboratory of reform in the country in redistricting right now. and redistricting california is like trying to partition a melting pot. given perhaps the most perplex redistricting job in america to a group of people who were selected in part by lottery and in part by sending in their rÉsumes of how nonpolitical they were. and the result has been a, you know, 14-member citizen commission that has earned plenty of criticism from the outside for, example, picking a mapping firm that republicans argued had ties before to democratic-leaning perspectives. but i give the commission and watching their meetings, even if it is like paint dry, higher marks than most people would have guessed they would give them early on in the process. because

waxman for five minute. >> i want to thank our chairs for holding this hearing today. as the wall street journal pointed out firms are stepping away internet users's anonymity and, quote, gaining the ability to decide whether or not to be a good customer before you tell them a single thing about yourself. the collection used and dissemination of consumer information provides many benefits to consumers, businesses and the marketplace but they raise legitimate concern about whether consumers have adequate control over personal information that is shared. sophisticated business models and rapidly evolve in technology allow vast amounts of data to be collected, aggregated, analyzed and sold in ways that were not manageable ten years ago. many of these business practices conflict with consumers expectations of privacy. i understand the republican majority is wary as any piece of legislation called new regulation. we heard repeated calls for a self regulation. the problem is self regulation isn't working. this week stanford researcher jonathan mayer reported tracking the tra

representatives waxman, markey, and rush as rms of the house energy and commerce committee and natural resources committee have sent letters expressing their grave concern about these extreme destructive policy riders that have no business being on an appropriation spending bill. this abuse of the process -- it will imperil america's heritage for future generations. in particular, republicans have chosen to mount an unprecedented assault on the environmental protection agency, an agency created by president richard nixon. clearly republicans have now come full circle and this bill makes house republicans the most polluter friendly congress in nearly two generations. in addition to cutting -- and -- gutting the e.p.a.'s budget, republicans have added 10 policy riders that will make the air we breathe dirtier and policy riders that will make the water we drink more polluted. the republican riders halt the e.p.a.'s work under the clean air act to protect the public health from carbon dioxide pollution, soot, and smog. this will jeopardize the health of millions of children suffering from

though i'll give credit, henry waxman and a few others did not agree to that because some people thinkes, it would -- it would hurt. >> harold ford jr., is there a time just logistically for a deal? or is there going to have to be a short term sfwhun. >> i hope there's time for a big deal. but it sounds like the time might be closing. leader, clyburn, good to see you. harold ford this morning. we're going back and forth. >> how are you. >> the likelihood of a shorter tell deal where you take some elements of the ideas, send some bowles, biden. the game of six. comrades' new deal. then you get something and come back and do a larger package. is some framework like that on the table? >> that was not on the table with us. but we did, in fact, harold, talk about what would happen if we could not get something done. but we'll all raise focus in those meetings on getting something done that will last through 2012. some stability in the markets. and have restored confidence among consumers. you exacerbate the problem as far as i'm concerned. we never focus on that at all. though it may be wha

waxman. >> thank you very much, mr. chairman. today will examine the safety of the nation's oil and natural gas pipelines and begin to consider legislation to update and strength in our pipeline safety laws. during the last 12 months from a litany of tragic failures has reinforced the need for stronger pipeline safety laws since last month's hearing on the topic, exxon mobil pipeline ruptured in montana, spilling an estimated 31,500 to 42,000 gallons of crude oil into the yellow stone river. it may have been carried as far as 240 miles downstream. pockets of oil have been confirmed at least 90 miles down the river. ranchers are struggling to prevent the contamination from destroying their livelihood. we don't yet know the cause of this bill, though much of the focus is on whether the pipeline. beneath the river was uncovered by a russian or exclusion from degree. through may of this year, and spills occurred on the first keystone pipeline, which brings canadian tar sands to refineries in oklahoma. she is a brand-new pipeline. it

waxman. >> thank you very much, mr. chairman. today we will examine the safety of the nation's land and natural gas pipelines and begin to consider legislation to update and strengthened the power plant safety law. during the last 12 months, a litany of tragic failures reinforced the need for stronger pipeline safety laws. since last month's's hearing on the topic, exxonmobil's silver tip pipeline record in montana aspelin estimated 31,500 to 42,000 gallons of crude oil into the yellowstone river. it appears that the oil may have been carried as far as 240 miles downstream. pockets of oil have been confirmed at least 90 miles down the river. ranchers are struggling to prevent contamination from destroying their livelihood we don't net yet know the cause of this bill the much of the focuses on where the pipeline is buried beneath of the river was uncovered by either version from flooding and became vulnerable to a collision from tiberi. during may of this year come to serious bills occurred on the first keystone pipeline, which br

waxman. anyway, let me now yield two minutes to the gentlewoman from texas, ms. jackson lee. the speaker pro tempore: the gentlewoman is recognized for two minutes. ms. jackson lee: thank you, ms. slaughter, for your generosity and i want to thank the gentlewoman from maine for recounting the prayers of americans and i would ask them to continue to pray because compromise is part of the democratic way. but my friends on the other side did not tell you correctly why we are now involved in frivolous activity on the floor. we're not raising the debt ceiling. and the reason is there are 53 senators in the other body that have signed a let that are said they're absolutely not going to vote for this draconian presentation and the reason -- and let me call the roll. the reason they're not going to vote for it, because it is a short-term solution to a long-term problem. it has no revenues along with cuts. 64% of the american people say, balance it, cuts with revenues, to invest in our nation. let me read the roll why senators are not voting. the other body is not voting. democrats re

waxman, for five minutes. >> thank you very much, mr. chairman. this is the fourth hearing this subcommittee has had on the issue of regulations. the others have been on the president's executive order, and the third focused on health regulations that were recently adopted. now, we are looking at the independent regulatory agencies. the president's executive order applies to those agencies that are under the office of management and budget. they are not independent. the agencies before us are determined by lot to be independent. that does not mean they did not take into consideration costs and benefits when the issue regulations. they have to have notice of comment and get full input. i think what we need to do is to make sure we do not have regulations that are unnecessary, but these hearings that we have had devolved into forums for questioning consumer protection laws that my colleagues on the republican side of the i'll find objectionable. i was struck by the comment of the last speaker that we do not want these independent agencies -- they do