>> well, you know, i love carl levin to death but his answer to that question just proves this is all about political messaging and doesn't have anything to do with purpose because if they really cared about small business they would exempt limited liability corporations, s-corporations and sole proprietorships from the application of this tax. they'd only be taxing millionaires but they're going after small business as well. >> woodruff: senator isaacson, what about this other argument that one hears from economists across the spectrum, you hear it from independent economists and others, and that is that this is the exact time when the government doesn't need to be cutting spending and contracting. if nothing else, what the country needs is government to spend some more to get more money in circulation. >> we have a select committee of republicans and democrats named by the congress to try and find $1.2 trillion in savings because we have a debt problem and a debt crisis. in the last stimulus bill paid school teachers salaries for a while and kept them employed. i understand that hel

>> well, you know, i love carl levin to death but his answer to that question just proves this is all about political messaging and doesn't have anything to do with purpose because if they really cared about small business they would exempt limited liability corporations, s-corporations and sole proprietorships from the application of this tax. they'd only be taxing millionaires but they're going after small business as well. >> woodruff: senator isaacson, what about this other argument that one hears from economists across the spectrum, you hear it from independent economists and others, and that is that this is the exact time when the government doesn't need to be cutting spending and contracting. if nothing else, what the country needs is government to spend some more to get more money in circulation. >> we have a selt committee of republicans and democrats named by the congress to try and find $1.2 trillion in savings because we have a debt problem and a debt crisis. in the last stimulus bill paid school teachers salaries for a while and kept them employed. i understand that helps

let's go straight to capitol hill to carl levin, chairman of the u.s. armed services committee. we knew this was coming but now it's official. your reaction? >> it was the right thing to do. it was the plan all along, to pull out the troops by end of this year. president obama said he would make the promise to do so. it's important that the iraqis take the responsibility for their own security. they've got a large enough army to do it, if they can get their political act together, that will create more stability in iraq and we we can't do that for them. they've got to do this for themselves. >> senator levin, i know a lot of people say it's a great day and a great call. but mitt romney's reaction, gop front-runner, i'm quoting, president obama's astonishing failure to secure an orderly failure in iraq has unnecessarily put at risk the victories that were won through the blood and sacrifice of thousands of american men and women. he continues on blasting this. your reaction? >> well, of course he's right about the sacrifice of our men and women in uniform but he should or should

carl levin-year-old son was missing. his last seen leaving the home. it is also missing. going to have a lot more story coming up. >> more than one dozen people are hurt after a collision involving two amtrak trains. this happened a few hours ago at an amtrak station. authorities say the changer both traveling at low speeds. the cause of the crash is under investigation. a busy hair salon. was a restaurant after. >> this is our first look at the suspect. >> when they pulled the shirt realize he had on a bulletproof vest. they took it off. the first shots are fired in middle at the afternoon. he walked into the salon and started firing. we are unsure if the shot entrance. ran.e we have fatalities. >> seconds later he got into his car and drove away. >> was taken into custody. we do believe he is the only time.t at this >> he got on the grounds. and he had a cargo pants on. >> magazines were out. reporting. we have an alert for appearances morning. streetppened along the early tuesday morning. he was walking to the high school. then was standing on corner. to the crow.lking

carl levin says that the u.s. should be prepared to defend if the pakistanis will not take on haqqani network. he talked about the death of muammar gaddafi in the future of libya. this is just over one hour. >> welcome to today's council on foreign relations committee. i will begin with the familiar warning to turn off your cell phone, as i just remember to do myself. also a reminder that this is on the record. >> now you tell me. [laughter] >> it is an honor for me to be with carl levin picking knows his stuff -- carl levin. he knows his stuff. senator levin was in afghanistan and pakistan in august. in any of the year, that would give us enough to talk about. in the search, there are headlines every 24 hours. i have asked the privilege of asking him about the events in the last 24 hours in libya as well. i am sure you might have some questions along this line. it is a privilege to be here to introduce the senator. he is going to make a few remarks and then we'll go into questions. [applause] staff down here, by

>> democratic senator carl levin, who by all accounts otherwise never really swears in public. as you saw there, nailing goldman sachs for having in this case not sold stock that it knew rhymed with bit but selling mortgage deals. big piles of mortgages that should have never been written and selling them as if they were gold. knowingly inflating the value of those things. which not only screwed over individual forklifts who investors who they were selling them to as if te were valuable but blew up the housing market and the american economy with it. they weren't just selling these, they were taking bets against them themselves because they knew what they were worth. and they knew it was a great bet. they knew, forgive me, they knew they were crap. they knew they were going to fail. they were set to make money when they failed. and they were selling them as if they were gold. and that is something very simple. that is fraud. that whole game did not cause collateral damage like the comparatively now rinky-dink bankruptcy of old bernie's company. when bernie's company went bankru

when the democrats tried to do this in michigan, with john dingell, powerful chairman, carl levin, the united auto workers the governor, terry mcauliffe democratatic national chairman said not on your life, and if they ended it. that is what the republican leadship should have done becacause i was and in new hampshire make -- because iowa and you have to give an underdog candidate a chance to connect with real voters -- iowa at new hampshirgiven under attack candidata chance to nnect with real ters. >> while we are not watching, except for the time the city there is an entire new sucture of the funding with these superpacs it is secret money for the most p part. >> so is it a threat to democracy? now >>, it is not a thrt to democracy -- >> no, it is not a threat to democracy.. from the standpoint ofof the republican party if you have this earlier in the year, it is to their advantage. >> w what the hell? get it over with early. let's have christmas where it is already over. if romney wins iowa and new hampshire, we can relax until august. >> you can start attacking obama early. the min

after that, carl levin on u.s. relations with pakistan. >> six republican candidates travel to the morning for the freedom coalition forum. watch our coverage of herman cain, and rick santorum as well as rick perry and ron paul and michele bachman starting at 7:00 p.m. eastern on saturday on the road to the white house. >> president obama announces that all u.s. troops will be out of iraq by january 1. this sends the wrong course of began in 2003 under george w. bush. here is that statements made in the white house press room. >> i pledged to bring the war in iraq to irresponsible land for the sake of our security and the strength of leadership around the world. after taking office, i announced a new strategy that would then air combat missions in iraq and remove all of our troops by the end of 2011. as commander in chief, insuring the success of this strategy has been one of my highest priorities. last year i announced an end to our common mission in iraq and today we have removed more than 100,000 troops. rockies

when the democrats tried to do this in michigan, with john dingell, powerful chairman, carl levin, the united auto workers the governor, terry mcauliffe democratic national chairman said not on your life, and i if they ended it. that is what the republican leship should have done because i was and in new hampshire make -- because iowa and you have to give an underdog candidate a chance to connect with real voters -- iowa at new hampshire given under attack candidate a chance to nnect th real voters. >> while we are not watching, exceptpt for the time the city there is an entire new structure of the funding with thesese superpacs it is secret money for the mostst part. >> so is it a threat to democracy? now >>, it is not a threat to democracy -- >> no, it is not a threat to democracy. from the standpoint of the republican par if you have this eararlier in the year, it t is to their advantage. >> what the hell? get it over with early. let's have a a christmas where it is already over. if romney wins iowa and new hampshire, we can relax until august. >> you can start attacking obama early

>> democratic senator carl levin, who by all accounts otherwise never really swears in public. as you saw there, nailing goldman sachs for having in this case not sold stock that it knew rhymed with bit but selling mortgage deals. big piles of mortgages that should have never been written and selling them as if they were gold. knowingly inflating the value of those things. which not only screwed over individual forklifts winvestors were selling them to as if te were valuable but blew up the housing market and the american economy with it. they weren't just selling these, they were taking bets against them themselves because they knew what they were worth. and they knew it was a great bet. they knew, forgive me, they knew they were crap. they knew they were going to fail. they were set to make money when they failed. and they were selling them as if they were gold. and that is something very simple. that is fraud. that whole game did not cause collateral damage like the comparatively now rinky-dink bankruptcy of old bernie's company. when bernie's company went bankrupt, it was c

>> democratic senator carl levin, who by all accounts otherwise never really swears in public. as you saw there, nailing goldman sachs for having in this case not sold stock that it knew rhymed with bit but selling mortgage deals. big piles of mortgages that should have never been written and selling them as if they were gold. knowingly inflating the value of those things. which not only screwed over individual investors who they were selling them to as if te were valuable but blew up the housing market and the american economy with it. they weren't just selling these, they were taking bets against them themselves because they knew what they were worth. and they knew it was a great bet. they knew, forgive me, they knew they were crap. they knew they were going to fail. they were set to make money when they failed. and they were selling them as if they were gold. and that is something very simple. that is fraud. that whole game did not cause collateral damage like the comparatively now rinky-dink bankruptcy of old bernie's company. when bernie's company went bankrupt, it was cal

when the democrats tried to do this in michigan, when john dingell, powerful chairman, carl levin, united auto workers, and the governor, terry mcauliffe, democratic national chairman, said not on your life, and they ended it. that is what the republican leadership should have done, because iowa and new hampshire make sense. they gives the underdog, under- funded, dark horse candidate a chance to connect with real voters. >> these days there are so many big box. while we are not watching, except for the cognoscenti, there is an entire structure of the funding with these superpacs that is not only hundreds of millions of dollars, up secret money for the most part. >> in the end, is this a threat to democracy? >> no, it is not a threat to democracy, but it is real -- the border -- the voters are not really going to get a chance to hear from the candidates. from the standpoint of the republican party, having this in earlier in the year it is to their advantage. >> what the hell? get it over with early. if romney wins in new hampshire and iowa, is over and we can relax until august. >> you ca

when the democrats tried to do this in michigan, with john dingell, a powerful chairman, carl levin, the united auto workers, the governor, terry mcauliffe, democratic national chairman, said not on your life. they ended it. that is what the republican leadership should have done, because iowa and new hampshire give the underdog, dark horse candidate a chance to connect with real voters and a chance to overcome the big bucks candidates. >> while we are not watching, except for the cognoscenti, there is an entire new structure of funding that is going up with these superpacs that is not only hundreds of millions of dollars, it is secret money for the most part. >> in the end, is this a threat to democracy? >> no, it is not a threat to democracy, but it is -- it means the voters will not really get a chance to hear from the candidates. from the standpoint of the republican party, the department is earlier in the year, it is did -- their advantage if you had this early in the year, is to their advantage. >> what the hell? get it over with early t. if he wins iowa and new hampshire, we c

democrat carl levin, chairman of senate armed services committee basically agreed saying, it may be, adding he'd want to see what the implications of that characterization are before i use it. the u.s. is now taking its case against iran to the u.n. security council which could authorize new sanctions against iran and authorize the use of force against iran. the justice department says this plot was hatched by a shadowy elite part of the iranian military, the quds force. loots of people came out this week questioning that assertion, saying this bungled poorly planned screw up of an assassination where the dude thought he was dealing with the drug cartel and really dealing with an american government informant, this is screwed up enough it doesn't sound like the quds force because they're supposedly good at this thing. to the skeptics, u.s. officials have said we know it was the quds force, we know for sure but you have to take our word for it. we don't know that much about the quds force. experts estimate it's a 15,000 member group and their role is to, quote, clan destinely exert po

. >> chris: senate arms services committee carl levin today warned pakistan the u.s. will aggressively target extremists in that country if necessary. that message came as secretary of state clinton tried to get relations between the two nations back on track. senior white house correspondent -- senior affairs white house correspondent wendell goler is traveling with the secretary. >> a news conference with pakistani counterpartner, secretary of state hillary clinton acknowledged the poor state of relations between the two countries. >> it is no secret that the united states and pakistan do not always see eye to eye. and we will not resolve the differences in our cues in any single visit. >> the night before, four hours of talks between the high level officials failed to get pakistani to concede members of the government are providing assistance to the violent hakani network. >> there is no question of any support by any pakistani institution, or any institution to safe havens in pakistan. >> mrs. clinton warned the pakistanis are playing with fire. >> you have can't

levin in washington tomorrow of the u.s. challenges in afghanistan and pakistan. he can watch his remarks live on our companion network c-span2. tonight the debt and muammar al- gaddafi. weakening from president obama. some of the senate education committee's work on updating the notion of what the crime law. >> my working relationship was positive. i thought he respected my work and that he trusted my judgment. >> it has been 20 years since she testified on capitol hill. this past weekend she spoke about what that testimony meant and the lasting effect it has had on our culture. >> when you return from a testimony that has become this event that you really had no idea was going to be what it was, i said i walk out on the street. they did this immediately after the hearing. that 70 aids arm of the population thought i had perjured myself. in addition to the pressures, i had to go to the grocery store. seven out of the 10 people i would encounter thought that i have perjure myself. >> watcher remarks as well as the judiciary

today, talking about afghanistan and pakistan -- senator carl levin was in afghanistan and pakistan just in august. in any other year it would give us enough to talk about what this year there are headlines every 24 hours. i have the privilege -- privilege of asking him about the events in the past 24 hours in libya as well. i am sure you have questions along the lines on this chapter and further chapters to come in that country. a privilege for me to be here and introduced the senator. he will make a few more -- remarks and then go on to questions. [applause] >> that is my staff down here, by the way. [laughter] >> good morning, everybody. it finds for inviting me back to the council on foreign relations. your work makes a significant contribution to our national discourse and the most pressing on policy issues of our day, and i am always glad to join with you in discussing those issues. if i kind of knock off either during my own speech or questions, don't take it personally -- if i kind of nod off. the senate was in until about 1:30 a.m. last night and there are some reporters here wh

levin making news at this event from the hill in a story written by john bennett. the u.s. should threaten to cut ties with pakistan over terrorism. pakistan should be warned the u.s. will cut ties with islamabad if it continues to support and extremist group linked by a tech to islamic groups. lawmakers -- senator levin said there is evidence of support between pakistan's intelligence agency and the haqqani network echo in a comment by admiral mike mullen. you can read the rest of that story on the hill this morning written by john dennis. [inaudible conversations] >> as we leave this event looking get the u.s. capitol the house will gavel in for a brief pro forma session. legislative work on the calendar today for the house. the senate finished their work early this morning. finally gaveling out just before 2:30 in the morning. they had been working on h r 2112, three appropriations bills into one. they were able to dispose of 2 does an amendment. senators rejected democratic moves to bring parts of president obama's jobs bill to the floor. the vote to the measur

in >> carl levin is speaking to the council on foreign relations about afghanistan. 2.ve coverage is on c-span's >> i was for many connected with a large company. they have to pay to me as liberalism. i was a level before many of them. i fought for the reforms of theodore roosevelt and woodrow wilson. >> who's a member of the democratic party. he saw and won it. he left his mark in political history. he became the foreign ambassador. his order of the 14 men featured in the knees series. it is friday a o'clock p.m. eastern. come>> may 5 to 8 minute video. get it to c-span by the deadline. he could win the details. >> gaddafi was killed today near his home town. president obama spoke about it. good afternoon, everybody. today, the government of libya announced the death of muammar gaddafi. this marks the end of a long and painful chapter for the people of libya, who now have the opportunity to determine their own destiny in a new and democratic libya. for four decades, the gaddafi regime ruled the libyan people with an iron fist. basic human rights were denied. innocent civilians were

over two years ago, about two years ago senator carl levin and i urged the administration to postpone the approval of this trade agreement until panama first signed a tax information exchange agreement where we could get information about assets hidden there and change its laws regarding bank secrecy and other matters to assure that this agreement was meaningful. panama has now met these conditions. for the first time ever, we can obtain information from the panamanian government on u.s. taxpayers who have panamanian assets or income. though the treasury department should have secured a stronger automatic information exchange similar to the one we have with canada and 24 other countries, and i would much prefer also to see an actual record of panamanian compliance, we need to accept this agreement as a victory in the fight against offshore tax cheats. this would not have been possible had it not been for the strong panamanian desire to get the trade agreement approved. by also agreeing to 12 other exchange agreements on tax information, panama was recently removed from the oecd gray l