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Unidentified Speaker, -
OF THE FINANCIAL SERVICES COMMITTEE. WELCOME BACK TO THE "WASHINGTON
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| 00:00:16 |
Slen, Peter - Host
JOURNAL" TABLE. I WANT TO ASKING THE SAME QUESTION I ASKED REPRESENTATIVE FORBES. YOU CAN CHANGE MY VERB, IF YOU WANT. DO YOU REGRET CHANGING? NOTGUEST:...
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| 00:01:30 |
Slen, Peter - Host
FORBES WAS VERY FOCUSED ON DEFENSE CUTS, WHICH
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| 00:01:34 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
ARE TERRIBLE. MEDICARE DOCTORS WILL SEE A 2% REDUCTION. ALL THE BUSH TAX CUTS EXPIRE ON EVERYBODY. THAT IS A GOOD THING BECAUSE THIS BRINGS ALL YOUR...
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| 00:02:08 |
Slen, Peter - Host
GUEST: I SUPPORT THE PRINCIPLE. I VOTED FOR THE SIMPSON-BOWLES BUDGET ON THE FLOOR.
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| 00:02:19 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
SIMPSON-BOWLES APPROACHES TAXES AT THE RIGHT WAY. KEEP RATES AS LOW AS POSSIBLE AND GET RID OF THE GUNK IN THE CODE. IT IS SOME STUFF THAT WILL BE A...
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| 00:03:21 |
Slen, Peter - Host
WOULD YOU SUPPORT THIS? GUEST: UNDER ONE CONDITION. THE PREFERRED SOLUTION IS FOR US TO COME TOGETHER RIGHT NOW AND PASS SOMETHING THAT LOOKS
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| 00:03:40 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
LIKE SIMPSON-BOWLES. MOST MEMBERS OF CONGRESS WILL SAY BEHIND CLOSED DOORS THAT IS WHAT WE NEED TO DO. ALL THE STOCK IN SIMPSON-BOWLES -- A REFORM OF...
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| 00:04:37 |
Slen, Peter - Host
S RESOLUTION.
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| 00:04:42 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
INSTEAD OF STARTING ON DECEMBER 31, THEY START ON JUNE 1. IN PRINCIPLE, THAT IS NOT A BAD IDEA. THE OUTCOME THAT IS A CATASTROPHE IS IF CONGRESS WEASEL'S...
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| 00:05:43 |
Slen, Peter - Host
DAYS AND WHAT DO YOU THINK THE LAME-DUCK IS GOING TO LOOK LIKE? GUEST: IN A PERFECT WORLD WE WOULD START THE PROCESS IS MOVING TOWARDS A SIMPSON-BOWLES-...
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| 00:05:59 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
TO BE NEGOTIATED BY 535 PEOPLE. THAT WOULD BE THE PERFECT SOLUTION. THIS CONGRESS IS REMARKABLY PARTISAN. WE HAVE TO DEAL WITH THE FACT THAT WE HAVE...
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| 00:06:59 |
Slen, Peter - Host
UP TO VICE- PRESIDENT. CURRENTLY IN HIS SECOND TERM. RECORD AND STANFORD ARE SOME OF THE CITIES HE BRECKREPRESENT IN CONNECTICUT. FRONT-PAGE OF "THE FINANCIAL...
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| 00:07:31 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
CREATING THESE BEHEMOTHS'. THIS IS REALLY REMARKABLE. THIS IS A DEBATE WE HAD FOR A LONG TIME. SOME VERY SMALSMART PEOPLE HAVE MADE THIS ARGUMENT, PAUL...
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| 00:08:39 |
Slen, Peter - Host
QUESTIONS ON THE SCANDAL THAT HAVE CONSUMED THE BIG INDUSTRY. GUEST: WELL, NOW THE LIBOR HAS BECOME A FOCUS. I THINK THEN FOR 97 BEST -- BEN
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| 00:08:58 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
BERNANKE SAID IT BEST. A BUNCH OF BANKS WERE PUTTING FORWARD ESTIMATES OF WHAT THEY THOUGHT THEY MAY BE ABLE TO BORROW AT. COME ON. THE INCENTIVE THERE...
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| 00:09:44 |
Unidentified Speaker, -
WERE ON THERE WAS A
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| 00:09:47 |
Unidentified Speaker, -
GENTLEMAN WHO CALLED ON THE REPUBLICAN LINE THAT SAYING HOW MUCH YOU LIKE RON PAUL. I LIKE HIM, TOO. IF YOU NOTICE, HE IS THE GUY ALWAYS TELLING US...
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| 00:11:22 |
Unidentified Speaker, -
OF THE INVOLVEMENT ABROAD OF THE AFGHAN WAR AND AFGHANISTAN WAR. I THINK MOST AMERICANS WOULD TELL YOU WE SHOULD NEVER HAVE GONE INTO A ROCKIRAQ. AFGHANISTAN...
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| 00:12:48 |
Unidentified Speaker, -
AM REALLY ASHAMED OF THIS TWO-PARTY THAT HAS INFILTRATED THE REAL REPUBLICANS. WHEN YOU COME TO THE TABLE AND SAYS THE MATTER WHAT YOUR OPPOSITION SAYS...
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| 00:14:09 |
Unidentified Speaker, -
COME TO THE TABLE. WHAT THE PRINCIPLES UNDERLYING SIMPSON-BOWELS IS VERY IMPORTANT. THE PROGRAMS THAT RELY ON FOOD OR HOUSING SHOULD NOT BE ASKED TO...
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| 00:16:17 |
Unidentified Speaker, -
REMEMBER PEOPLE ARE PAYING TAXES. THEY'RE PAID SALES TAXES, THE SOCIAL SECURITY TAXES. WE'RE TALKING ABOUT
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| 00:16:25 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
PEOPLE AT THE LOWER END OF THE AID OF STREET. WHEN YOU TALK ABOUT THE POROUS, AND OBVIOUSLY NOT THE% OF THE POPULATION, BUT THEY ARE PAID A NEGATIVE...
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| 00:17:39 |
Slen, Peter - Host
YOU WANTED YOUR OFFICE, AND WHENEVER I SEE YOU AT AN
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| 00:17:43 |
CALLER, -
EVENT, I WILL SHAKE YOUR HAND. MY STATEMENT IS OUR DISTRICT IS REALLY FORTUNATE. WE ARE FORTUNATE TO HAVE CONGRESSMAN HIMES REPRESENTING AS, BUT I WANT...
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| 00:18:31 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
THE TOP FORESTPOOREST IN THE STATE. THIS WAS STUCK OF THE UPRIGHT POSITION. WE MANAGE TO GET THAT TAKEN DOWN. MORE IMPORTANTLY, WE'RE STARTING TO SEE...
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| 00:19:43 |
Unidentified Speaker, -
BILL TREATS IN, I WANT YOU TO GET MORE OF OUR FEDERAL TAXES BACK. TIRED OF PAYING FOR OTHER STATES BAD MANAGEMENT. IS THIS A CONSTANT PUSH AND PULL...
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| 00:20:09 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
YORK CITY AND THOSE IN THE WEALTHIER CITIES, BECAUSE WE HAVE A PROGRESSIVE INCOME TAX. IF YOU HAVE A LOT OF HIGH-INCOME EARNERS, YOU ARE PROBABLY A NET...
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| 00:21:22 |
Slen, Peter - Host
THINK THE 1% SHOULD GET ANY TYPE OF SPECIAL TAX BREAK
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| 00:21:25 |
CALLER, -
BECAUSE THEY'RE ALREADY GETTING BILLIONS AND BILLIONS IN PROFITS, AND PEOPLE THE IN THE MIDDLE CLASS ARE SUFFERING BECAUSE THESE PEOPLE ARE MOTIVATED...
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| 00:23:02 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
BY GREED. TOO OFTEN WE FALL INTO THE TRAP OF CREATING A SITUATION WHERE WE'RE SHAKING OUR OFFICE AND SAYING THEY'RE MOTIVATED BY GREED. WE WANT ALL...
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| 00:24:39 |
Slen, Peter - Host
HIMES IS OUR GUEST. CALLER: HI. I HAVE BEEN A REPUBLICAN ALL MY
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| 00:24:50 |
CALLER, -
LIFE, BUT FOR ONE TIME I AGREE WITH YOU 100%. THE PREVIOUS CALLLER, AND I AGREE WITH THE OBAMA PHILOSOPHY OF LEAD AND HIT ONE CLASS AGAINST ANOTHER --...
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| 00:26:51 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
RICH PEOPLE, THAT IS NOT THIS CONVERSATION THE COUNTRY NEEDS TO BE HAVING. THE CONVERSATION WE NEED TO HAVE IS WHAT WE NEED TO DO TO MAKE SURE EVERY...
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| 00:28:00 |
Slen, Peter - Host
GOLDMAN SACHS. GOLDMAN SACHS WOULD VOTE FOR SIMPSON-BOWELS, THAT TELLS ME IT IS BAD FOR THE 99%. GUEST: THE LOGIC THAT CORPORATIONS ARE PEOPLE AND SHOULD...
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| 00:28:16 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
RIGHT? ISN'T THAT LOGICAL? I AM NOT QUITE SURE WHAT THE POINT OF THAT WAS. IT IS NOT GOLDMAN SACHS. IT IS SENATORS FROM BOTH SIDES OF THE IDLE BETTER...
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| 00:29:06 |
Slen, Peter - Host
IS A PRETTY BROAD QUESTION. THIS IS WHAT I DO DAY TO DAY, AND IT REALLY BOTHERS ME. PEOPLE
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| 00:29:14 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
ARE SAYING THINGS THAT ARE POLITICAL. THEY ARE SAYING THAT PRESIDENT OBAMA DOES NOT BELIEVE IN THE PRIVATE SECTOR. THEY ARE STAYINGAYING MITT ROMNEY...
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| 00:30:04 |
Slen, Peter - Host
C-SPAN FOR THIS OPPORTUNITY. I AM GLAD TO HAVE THE OPPORTUNITY TO SPEAK WITH YOU. I THINK ALL OF THE
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| 00:30:12 |
CALLER, -
LEADERS IN WASHINGTON NEED TO TAKE AMERICA INTO CONSIDERATION INSTEAD OF THEIR SOLD SO MUCH AND WORRIED ABOUT GETTING ELECTED THE NEXT TIME. THE MAIN...
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| 00:31:12 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
ECONOMY LARGE ENOUGH TO GUARANTEE THE SECURITY OF THEIR AMERICAN PEOPLE, AND EVEN THOUGH WE ARE NOT QUITE WHERE WE WERE IN 1960, WE'RE THE ONLY SUPER...
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| 00:32:39 |
Slen, Peter - Host
ALTERNATIVE? -- AND OFFER MEDICARE AS AN INSURANCE ALTERNATIVE? GUEST: THERE IS NO DOUBT WE NEED TO RESTRUCTURE OUR TAX CODE. CORPORATIONS HAVE EVERY...
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| 00:32:54 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
MAKE OFFSHORE OFFSHORE. THAT MEANS THEY'RE BUILDING FACTORIES AND PLANTS OUTSIDE OF THE UNITED STATES OF THOSE JOBS ARE NOT DONE RIGHT HERE. SO WE SHOULD...
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| 00:33:54 |
Slen, Peter - Host
TO RAISE THAT. PART OF THE DEAL THAT MAKE SOCIAL SECURITY SUSTAINABLE WILL INVOLVE RAISING THE CAP
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| 00:34:01 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
FOR $108,000. THAT IS PART OF THE DEAL THAT WILL GO UP. HOST: DERRICK, A DEMOCRAT IN MONTANA. ONE MINUTE LEFT. CALLER: I
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| 00:34:15 |
Slen, Peter - Host
RECENTLY DID A COLLEGE RESEARCH PAPER AND FOUND THAT IF WE GREW HALF AS A COUNTRY WE WOULD NO LONGER HAVE TO
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| 00:34:23 |
CALLER, -
BUY FOREIGN FUEL. IT WOULD ELIMINATE CUTTING DOWN TREES AND MAKING PAPER, AND DOES NOT POLLUTE ONE RETURN, ONLY MAKES MORE JOBS. OUR FOREFATHERS KNEW...
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| 00:34:50 |
Slen, Peter - Host
GUEST: WE WOULD ALL BE A LOT MELLOWER AND EAT A LOT MORE JUNK FOOD, TOO, RIGHT? HOST: I WILL LET
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| 00:35:01 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
YOU MAKE THAT COMMENT. WE WANT TO REPORT JOBLESS CLAIMS HAVE COME IN, AND THE NUMBER OF AMERICANS APPLYING FOR UNEMPLOYMENT BENEFITS
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| 00:35:08 |
Slen, Peter - Host
DROPPED BY 35,000 LAST WEEK. THAT FIGURE MAY HAVE BEEN DISTORTED BY SEASONAL FACTORS. THE LABOR DEPARTMENT SAID THURSDAY APPLICATIONS FELL TO A SEASONALLY...
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| 00:35:40 |
Himes, James "Jim" A. - U.S. Representative, [D] Connecticut
DISTRICT WORK IN THE FINANCIAL-SERVICES INDUSTRY AND WERE WONDERING IF THE BIG BANKS' RECORD TO EXIST ON MONDAY MORNING. WE ARE PAST THAT. WE'VE SEEN...
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| 00:36:06 |
Slen, Peter - Host
WORKING ON A RESOLUTION FOR
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.