. >> also, on behalf of leader pelosi, i want to thank our panel and her staff. we are tenants in this building. i apologize for the security situation that happened upstairs. if you have concerns about it, please come and see me. i would like to convey those to the landlord here so that it does not happen again. thank you. >> hi, everybody. my name is carmen chu. why don't we get started. with a marking up with the department of small business -- we have been working with the department of small business. this project started when we heard from neighborhood merchants. unfortunately, they had access issues, visibility access issues. we have been working closely with many of our partners year today to educate about these -- many of our partners year today to educate about these issues. also in terms of board guidance. i want to thank all of you for coming. many of you may have assistance. i know many merchants could not be here. please do it share this information with other merchants in the area. we have virginia from the office of small business. we have roger f

he cares that much about pelosi. i think he rightly considers himself in the dominant position. chris: with the house of representatives? >> as a newly re-elected democratic president, he doesn't have to worry about pelosi the way boehner needs to worry about his caucus. beneath the exterior of confrontation and brinksmanship we are seeing in the public sense, privately, there's good lines of communication, both boehner and obama want the same thing, a deal, and they've done this in 2011 so they know what each other's positions are, what they can put up with and what they want and that's why i think we will see obama soon move in boehner's direction, after another week or so of brinksmanship, we will see obama say, hey, look, i'm coming forward with entitlement cuts that i'm willing to propose publicly. chris: i got to check this. would you confirm that? you know these people. >> all of the components of the deal are there. when people ask me why did conditioning leave town? because the people who matter in the deal stayed in town. all the various members of congress could go ho

speaker, leader pelosi, senator mcconnell, senator reid, i would like to thank the speaker who allowed us to have this event, and speaker pelosi. between the both of you, we had bipartisan working together. thank you very much. i am very proud to be here. we are here today to recognize a legend. a legend, a giant amongst golfers throughout the world. arnold palmer's golf record is one history will ever remember, and all of us can go back and look. he has set an example for many individuals who aspire to become doctors or professional golfers, because it was not just about winning the golf tournament. it was also about giving back to our communities. and, arnold, not only is applauded come up at caring individual for is family. he set an example for many individuals who want to get into the game of golf, who want to be role models. he is my champion. he is my role model. not just because he won the u.s. amateur in 1954 and not just because he won a total of 92 professional events, including four wins at the masters, two wins at the british open, one at the u.s. open. not only because he

i want to get your comments, if i made, on something that nancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to deficit reduction. i am quoting her diretly. let's try that again because yo probably did not believe your years. yocannot get away to deficit reduction. your reaction? >> i'm speech was, quite frankly. i mean, if that -- if she believes that to be true, then she believes he can grow your way out of problems and there is no growth rate that is going to match th 22% projected increase in insurance subsidies under obamacare. or she believes e can taxer way out, and there is no way our economy can bear to double the fedel tax levelsfrom 18% of gdp the 36. at is what it would take. the reality is that the bulk of our problems during the spending, both in the near term are we have a seuester and a longer-term where this is all about getting the entitlement programs under control. lou: getting the entitlement programs under control seems like a distant and remote fantasy with a president who is willing -- i mean, he has issued an ultiatu

i want to get your comments, if i made, on something that nancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to deficit reduction. i am quoting he directly. let's try that again because you probably did not believe your years. you cannot get away to deficit reduction. your reaction? >> i'm speech was, quite frankly. i mean, if that -- if she believes that to be true, then she believes he can grow your way out of problems and there is no growth rate that is going to match the 22% projected increase in insurance subsidies under obamacare. or she believes she can taxer way out, and there is no way our economy can bear to double the federal tax levels from 18% of gdp the 36. that is what it would take. so the reality is that the bulk of our problems during the spending, both in the near term are we have a sequester and a longer-term where this is all about getting the entitlement programs under control. lou: getting the entitlement programs under control seems like a distant and remote fantasy with a president who is willing -- i mean, he has is

i want to get your comments, if i made, on something thatnancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to deficit reduction. i am quoting her directly. let's try that again because you probably did not believe your years. you cannot get away to deficit reduction. your reaction? i'm speech was, quite frankly. i mean, if that -- if she believes that be true, then she believes he can grow your y out of problems and there is no growth rate that is going to match the 22% projected increase in insurance subsidies under obamacare. or she believes she can taxer way out, and there is no way our economy can bear to double the federal tax levels from 18% of gdp the 36. that is what it would take. so the reality is that the bulk of our problems during the spending, both in the near term are we have a sequester and a longer-term where this is all about getting the entitlement programs under contol. lou: getting the entitlement programs under control seems like a distant and remte fantasy with a resident whois willing -- i mean, he has issued an ultimat

i want to get your comments, if i made, on something that nancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to defit reduction. i am quoting her directly. let's try that again because you probably did not believe your years. you cannot get awa to deficit reduction. your reaction? >> i'm speech was, quite frankly. i mean, if that -- if she believes that to be true, then she believes he can grow your way out of problems and there is no growth rate that is going to match the 22% projected increase in insurance subsidies under obamacare. or she believes she can taxer way out, and there is no way our economy can bear to double the federal tax levels from 18% of gdp the 36. that is what it would take. so the reality is that the bulk of our problems during the spending, both in the near term are we have a sequster and a longer-term where this is all about getting the entitlement programs under control. lou: getting the entitlement programs uner control seems like a disant and remote fantasy with a president who is willing -- i mean, he has issued

i want to get yur comments, if i made, on something that nancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to deficit reduction. i am quoting her directly. let's try that again because you probably did not believe your years. you cannot get away t deficit reductn. your reaction? >> i'm speech was, quite frankly. i mean, if that -- if she believes that to be true, then she believes he can grow your way out of problems and there is no growth rate that is going to match te 22% projected increase in insurance subsidies under obamacare. or she believes she can taxer way out, and there is noay our economy can bear to double the federal tax levels from 18% of gdp the 36. that is what it woul take. so the reality is that the bulk of our problems during the spding, both in the near term are we have a sequester and a nger-term where this is all about getting the entitlement programs under control. lou: gettinghe entitment programs under control seems like a distant and remote fantasy th a president who is wiing -- i mean, he has issued an ultimatum. he

i want to get your comments, if i made, on something that nancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to deficit reduction. i am quoting her directly. let's try that again because you probably did not believe your years. you cannot get away to deficit reduction. your reaction? >> i'm speech was, quite frankly. i mean, if that -- if she believes that to be true, then she believes he can grow your way out of problems and there is no growth rate that is going to match the 22% projected increase in insurance subsidies under obamacare. or she believes she can taxer way out, and there is no way our economy can bear to double the federal tax levels from 18% of gdp the 36. that is what it would take. so the reality is that the bulk of our problems during the spending, both in the near term are we have a sequester and a longer-term where this is all about getting the entitlement programs under control. lou: getting the entitlement programs under control seems like a distant and remote fantasy with a president who is willing -- i mean, he has i

i m leader pelosi's district rector in san francisco. i've been with the for about nine years, and we are excited to put on this forum today to help people learn how they can access credit and capital for their small business. click background on some of what was accomplished in the last congress when later closing was speaker of the house. she had had 16 tax cuts signed into law to help small businesses grow and thrive. as we know, during the last 15 years, small businesses account for about 2/3 of the job growth in our country, but when the bush recession hits in 2009, 2010, small businesses were hit particularly hard. small businesses are the center of her agenda. congress under her leadership gave 27 million small businesses tax cuts. two main pieces of legislation -- the small businesses jobs act in the information you have, will create a total of 500,000 jobs and create eight tax cuts. they are all described in the packet you have. also, unleashing up to $300 billion in credit for small businesses to access. there are another eight

i want to thank speaker pelosi for putting this together. i want to thank all of the of for coming out on a smell it -- snowy san francisco date. [laughter] we've been told we should get us know when we go back outside. not sure what to expect. second, i thank speaker pelosi for all the work she did to support the jobs act and before that, the stimulus bill, the original american recovery act bill that allows sba to be able to besba landing more available to small businesses. very important piece of our tools that we have in this really very difficult time for small businesses to get access to credit. finally, i want to find the rest of the folks here, my colleagues on the panel. it is the case that sba works with these organizations to try to help small businesses understand how to get credit and fine tools to be able to do that. sba programs cover a wide range, and i will talk about this range of lending and the kinds of things we do, but in many ways, we do not do it alone. we do it with partners, and that is the takeaway message, the sba

i have asked you about rain or in cantor. she was speaker pelosi and she is now leader pelosi. i guess i was in a given that she would be minority leader after they lost the majority but she still is in control and it doesn't seem to be any insurrection on the democratic side to change the dynamics. >> there will not be any kind of insurrection. i interviewed minority leader pelosi for this book and lots of other people on the democratic side of the leadership. in following around the the republican freshman, it was interesting to see these guys have all been there was one reason i wanted to do this book. one thing that did was their opinion of pelosi. they came to really respect her that she holds her caucus together and it's a much more diverse caucus. she can count better than anybody in washington specific lake county 218 which is the number it takes to get a majority to pass a bill in the house. she can count the number that it takes for her to become house minority leader and indeed after she lost the speaker ship and one of the blue dog democrats keith scheuer decided to

nancy pelosi i call you dracula. super hero fix number seven, after you are done raising taxes on the rich, how about raising the overall tax base. encouraging a simple and fair tax code that gives all-americans a stake at the game and likely a greater interest in the game. i myself like a flat tax or a fair tax. just not this tax nest we have right now. i say set three different rates. as you go up the income ladder there are fewer writeoffs and more pro -- progressive. commit to doing all of this. sign in your own blood. you are out, you are fired on the spot. your word will be your bond. you don't honor it, your fan knee will be out the door. politicians, what i am telling you is stop acting -- start acting like a super hero. start thinking about the citizens of got them and -- gothem and america who counts on you. the red phone is ringing. >> i regret to say, sir, batman and robin are not at present available. >> what? surely you must be jesting. >> uh lass, sir, i am not. batman is enjoying one of his infrequent

first, speaker boehner's morning news conference, followed by house minority leader's nancy pelosi i. then president obama friday afternoon from the white house. issue is not whether health care will be stigmatized or condemned. we know the answer to that. the issue is how many different times can the government to punish him as a result of that moral condemnation. the answer in the double jeopardy clause is one. >> starting monday and a threat christmas week, c-span.org radio is featuring supreme court arguments by current justices before they were on the bench. you can listen to c-span.org radio in the washington baltimore area at 90.1 fm. or online at c-span.org. >> if you worked for him, you would get a material, sometimes generous, sometimes over barry -- overbearing, almost cruel boss. he did not know how to apologize. men of his age and class, they are not going to apologize to their secretaries or typist. he had a way of turning the tables in his version of an apology, which would be to say, i am actually a very kind man, and you are doing a good job today, but the issue was n

but both leader pelosi and i on behalf of the democrats in the house said if the president and speaker boehner reach an agreement that we will do everything we can to make sure that agreement has the votes in the house of representatives to pass. and both leader pelosi and i believe it's important for us to do that for the country, for the economy and for the american working people who will face a tax increase on january 1st if we don't get to an agreement. so, i don't know the number but the answer to your question is we're certainly willing and i'm certainly willing network with john boehner to get the requisite number of votes. i would hope that john boehner to get certainly more than half of his caucus. let me remind you, andrea, when president bush came to a democratic led house and senate in september of 2008 and said we had a cal crisis that could thread a depression if we did not act, as you recall the minority of republicans or the majority of republicans did not support their own president. but the majority of democrats, a handy majority of democrats did support president bu

i have a lot of respect for nancy pelosi. i think she is dead wrong on this issue. listen, the aarp, the national committee to preserve medicare, the afl-cio, the veterans organizations, the vast majority of the american people are saying you do not balance the budget on the elderly, people who are making 15, $16,000 a year, who are struggling to keep themselves alive should not be taking cuts when we have growing wealth and income inequality in america. yes, the wealthiest people and the large corporations who are doing phenomenally well are going to have to start paying their fair share of taxes. >> president obama's plan would bring in $1.2 trillion in revenue and extend unemployment benefits, which is pretty important. are these and other aspects of the president's counteroffer agreeable with you? certainly the unemployed are going to need some help. and we still have millions of people who are out of work in this country. what about that? there are some good things to this, but is it worth the gamble? >> obviously we want to do everything we can to protect the

[applause] because i know today we're going to spend a lot of precious moments thanking leader pelosi and congress women fine 79 and boxer and. >> >> we're going to thank all of our community members and from china town and all of them have worked very hard. these are not easy projects. they're very complicated and people had to work at the highest levels to make sure that every aspect worked, and a person who has worked tirelessly for 20 years and we join in celebrating 25 years of being in our congress and sought at every stage to make sure these funds were projected, to make sure we're doing our part, that congress is doing their part, all of the federal agencies, the person that first called me to share the news we're out of the white house and into the congress and wait our magical 60 to 90 days and lees give a warm welcome leader nancy pelosi. [applause] >> who is also keeping track on the giants. >> you know mr. mayor i always listen attentively to every world you say but i know you want me to say it's the bottom of the ninth and one out and in a matter of minutes we have anoth

>> both leader pelosi and i have said we're going to work to pass a plan to avoid the sequester, put ourselves on a fiscally sustainable path. if the president puts forward a plan that he can get agreement with speaker boehner on. we've said we're going to work to get that passed. >> will you get a majority of democrats, house democrats to support whatever president obama agrees to? >> well, i don't want to say whatever president obama agrees to. but my presumption is, i think leader pelosi's presumption is the same that the president will not get to a deal that is not acceptable to a majority of us on the democratic side in the house. it won't be the deal that we would like perhaps. it won't have everything. it will have some things in there we won't like. and it will have some things in there the republicans won't like. but if we're going to be a functional congress, if we're going to serve the american people well, we're going to have to come to grips with compromises to get to where we need to be. and it's clear that speaker boehner, at this point in time, does not have the votes

>> my concern is it may be a political charade by the president and harry reid and nancy pelosi. i hope it actually is the beginning of a deal because if we don't get it done now, we need to go and make sure that things get done so we don't raise taxes and taxes aren't raised for all these americans that are looking at it come january 1st. >> why did he fly all the way back from hawaii and cut his vacation short if he's eager to go over the cliff in is that part of his charade. >> if he wants to actually blame other people for his lack of leadership he has to appear, at least, to be coming back to find a solution. if the president was really interested in the level of the debt we have in this country, the $16 trillion, we would have had a budget passed in the senate sometime in the last three years. he proposed a budget and none of the democrats even voted for it. it got 0 votes. i don't think the president is focused where we ought to be focused which is the spending. we have a spending problem. he's fixated on tax rates that only give you about seven days of what the government

david: nancy pelosi -- i very rarely agree with her as you well know. >> i do know. david: but she said something i kind of agree with. she was talking about the republicans. she was defending her comment last may that taxes should only go up on people earning a million dollars. she's come down now to the president's level of 400,000. but she said -- she counter attacked as she often does, she said republicans have already become a little bit pregnant on their tax plans that they're never going to ever raise tax rates. i would have to agree with her. once boehner went off his cliff, if you will, on his pledge not to raise tax rates believing as you just suggested if you raise tax rates, you will probably have a slowdown in economic growth. once they went off that cliff -- what do you think? >> well, i agree with both you and nancy pelosi that bottom line, the republicans fell into obama's trap. they went for a tax increase, david, but what they didn't do is outline a strategy for economic growth, for job creation, for stimulating the economy. bottom line, obama's tal

i wanted to say how pleased i am here to join the mayor and the supervisor and the house leader pelosi, representatives here from the two neighborhoods and others, and really to say that, and i think henry you talked about the mayor's leadership here and really about the vision of transforming our housing, improving schools and supporting economic development that these are the most effective when the public and the private institutions work together and break down barriers and cut through the red tape and thank you very much for your leadership. [applause] so choice neighborhoods is just one powerful example of the obama administration investing better and we do what works and stop what doesn't work and form the partnerships that we need to solve the challenges of irnlt generational pof poverty for once and for all and it takes on average two generations to break that cycle of poverty and we are trying to break it in one and the efforts we're supporting and we want every american to have the chance to get ahead no matter where they are and live, whether it's a second grader to go to s

. >> the going home business, i roasted speaker pelosi, and i posted on gretawire because she said the holiday is for bonding with families and bonding is after you do the work. what kind of example do we set for the military, where we have sthem oversea, missing their holidays, you are sitting here -- i'm sorry -- i don't want mean -- but whining that you cant have your vacation? >> see, that's the thing -- that's a perspective. there are many times i have been away from my family. i have missed birthdays with my children, christmas, new year's, when you have a mission in the military, you are there seven days a week, 365 days out of the year, to make sure that you provide the -- the common defense and protect this nation from its enemies. we need to be focused on what we need to do right now, that is to come up with a solution for solving the spending problem we have in this country. not a revenue issue. that's why i say negotiating with the president is really not a smart thing to do because $250,000 -- you know, you want to raise taxes on those tax rates? that's not going to solve

. >> the going home business, i roasted speaker pelosi, and i posted on gretawire because she said the holiday is for bonding with families and bonding is after you do the work. what kind of example do we set for the military, where we have sthem oversea, missing their holidays, you are sitting here -- i'm sorry -- i don't want mean -- but whining that you cant have your vacation? >> see, that's the thing -- a p. there are many times i have been away from my family. i have missed birthdays with my children, christmas, new year's, when you have a mission in the military, you are there seven days a week, 365 days out of the year, to make sure that you provide the -- the common defense and protect this nation from its enemies. we need to be focused on what we need to do right now, that is to come up with a solution for solving the spending problem we have in this country. not a revenue issue. that's why i say negotiating with the president is really not a smart thing to do because $250,000 -- you know, you want to raise taxes on those tax rates? that's not going to solve the problem. it i

pelosi is my representative, but i don't begrudge her this. well, i happe to be a constituent of hers, that's just a fact and, but here is observation, she is making a perfectly valid political point and she's making a serious point, right? this is why she's against any kind of entitlement reform. at the very same time, boehner had to pull back his plan b because his caucus is not behind him on meeting the president halfway. >> no, no, no, because there's no-- >> and in the meantime, we have aeaningful debate going on-- i don't like-- >> charles, charles. >> real politics, boehner cannot sell that plan because there are no -- there are no buet cuts in it. the the president hasn't offered anything. and we should point out and get the dates down for the viewers. the big time, the rubber meets the road two places, just a couple of days before christmas where we are right now, we're going to pass that, i believe, and then right after the new year, where they can come back and do a deal. those are the two main dates. i think they're coming back in

pelosi is my representative, but i don't begrudge her this. well, i happen to be a constituent of hers, that's just a fact and, but here is observation, she is making a perfectly valid political point and she's making a serious point, right? this is why she's against any kind of entitlement reform. at the very same time, boehner had to pull back his plan b because his caucus is not behind him on meeting the president halfway. >> no,o, no, because there's no-- >> and in the meantime, we have a meaningful debate going on-- i don't like-- >> charles, charles. >> real politics, boehner cannot sell that plan because there are no -- there are no budget cuts in it. the the president hasn't offered anything. and we should point out and get the dates down for the viewers. the big time, the rubber meets the road two places, just a couple of days before christmas where we are right now, we're going to pass that, i believe, and then right after the new year, where they can come back and do a deal. those are the two main dates. i think they're coming back

not just yet.ust well i was just listening to miss pelosi. >> former speaker. >> seems to me what she was saying is if the republicans will agree to increase the tax rates, rates they will think about reducing making some sort of cuts in medicare later. maybe i'm wrong when i heard her me say that. sounded to me she said we've already done the cuts. >> they're all saying the same ll say thing, i'll do this if you do he that. if do you that i'll do this.o how do you break through that? >> well i think number one, whatwell is important is not what is saidot in public, but what they're public saying to one another behind the scenes. what has to happen it seems to me they have to make some sort sc of an agreement in private, and then come out together and and announce it. i think this continuing to come we'll out and say we'll do this if go you'll go ahead and do that first, i don't think they'll ever get there that way. i mean maybe i'm just a cockeyed optimist. i i think neither side will be stupid enough to let us go over this fiscal cliff, and all that entails, even though in the enta

pelosi is my representative, but i don't begrudge her this. well, i happen to be a constituent of hers, that's just a fact and, but here is observation, she is making a perfectly valid political point and she's making a serious point, right? this is why she's against any kind of entitlement reform. at the very same time, boehner had to pull back his plan b because his caucus is not behind him on meeting the president halfway. >> no, no, no, because there's no-- >> and in the meantime, we have a meaningful debate going on-- i don't like-- >> charles, charles. >> real politics, boehner cannot sell that plan because there are no -- there are no budget cuts in it. the the president hasn't offered anything. and we should point out and get the dates down for the viewers. the big time, the rubber meets the road two places, just a couple of days before christmas where we are right now, we're going to pass that, i believe, and then right after the new year, where they can come back and do a deal. those are the two main dates. i think they're coming bac

>> let me say for the record i think pelosi is right. i don't think raising the age is the right idea. i'm going to show you the money later on. but what she did not do is not rule it out. if republicans end up getting it, it's something the obama administration told john boehner they were willing to trade away if republicans end up getting it, that will feel like a big win for them. enough to unlock the tax deal. i'm not saying the final negotiation here will be easy. one thing that's a tough sticking point in negotiations. we began tonight which the white house wants to get rid of forever. there's not been a lot of republican movement on the forever deal. i'm not saying the final negotiation here will be easy. one thing that's a tough sticking point in negotiations. we began tonight which the white house wants to get rid of forever. there's not been a lot of republican movement on the forever deal. i'm not saying they are not going to get to a deal before the deadline, but don't be fooled by the posturing. there is a sailboat. it's com

>> i think both leader pelosi and i said going over the cliff ought not to be an option. it will be an indication of failure of the congress to work as it should. this has been the least effective, most confrontational congress in which i have served. i came here in 1981. so i think going over the cliff is not our preferred choice at all. we think we need to get to a compromise, which as i said, will procollude taxes from going up on middle income americans, provide for the unemployment insurance. i they we also provide for the reimbursement of doctors giving services to medicare patients. butt fact of the matter is it's been very difficult to reach compromise. i think the president of the united states and is now through vice president biden trying to reach a compromise. a compromise by its very definition means that neither side gets exactly what it wants. the difficulty from the house of representatives last week the republicans indicate d that the wouldn't even be for any kind of a tax increase on those making $1 million a year. if they are going to continue on that s

>> let me say for the record i think pelosi is right. i don't think raising the age is the right idea. i'm going to show you the money later on. but what she did not do is not rule it out. if republicans end up getting it, it's something the obama administration told john boehner they were willing to trade away if republicans end up getting it, that will feel like a big win for them. enough to unlock the tax deal. i'm not saying the final negotiation here will be easy. one thing that's a tough sticking point in negotiations. we began tonight which the white house wants to get rid of forever. there's not been a lot of republican movement on the forever deal. i'm not saying they are not going to get to a deal before the deadline, but don't be fooled by the posturing. there is a sailboat. it's coming clearer. joining us is the former budget director for the obama administration. vice chairman at citigroup, a veteran of these negotiations, thank you for being here on a friday night. >> good to be with you. >> peter, you have been in a lot of

they said that speaker pelosi, i have a lot of respect, but she'd become the face of our defeat. through no fault of mine, i campaigned as a moderate congressman. but governed as a moderate congressman. but it came for a campaign against me, all i did was run at a picture of you companies to pelosi as if we were best buds and if i run again against the guy who just beat me, though do that again. that's their playbook and it's a successful one. pelosi was the republican national of the dinner throughout 2010 after the big tsunami hit the tea party with republicans to power, took the sign down and put higher pelosi. >> is pelosi -- leader pelosi or the president are problematic for democrats today in terms of their desire to regain the majority announced? >> this may be a distinction to level meaningless. they're both problematic and you don't find democrats that would be barack obama's hope anyway campaigning with the president. do you see obama apparatus and policy apparatus for fund raising. that's about it. a so-called dry to 25, that so many seats are necessary for democrats t

to find out and i hope we like it. a lot of taxes associated with obamacare. you mentioned the medical device issue, a lot of these companies, by the way, medical device companies have been laying off workers right now. and that is, if this impacts, by the way, everyone, takes away from research and development, which will take away from life saving innovation and it's just, again, the very tip of the iceberg. ultimately, there's going to be a whole lot of taxes that just opens the gate for. this is just the beginning. >> ben, even if you look at action taken by the medical device makers, there's already damage that's been done by the tax increases built into this health care law, has it got? >> well, the damage is built in, but on the other hand good built into, too. there are people who are very