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Jul 25, 2013
07/13
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i urge my colleagues to follow senator toomey's lead and vote to recommit. we should vote nor a bill that adheres to the guidelines set by the budget control act and provides the needed appropriation for the department transportation, housing and urban development as well as the independent agencies. while i would like to see the senate pass the transportation, housing and urban development appropriation bill, the bill before us now does more harm than it does good. mr. president, i yield the floor and i would suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: a senator: mr. president? the presiding officer: the senator from virginia. a senator: mr. president, i ask that the proceedings of the quorum be dispensed with. the presiding officer: without objection. mr. warner: mr. president, i rise today to talk about the very real effects that sequestration is having on -- i'm going to speak about the people of virginia, but i'm sure, as the presiding officer, is equally true about folks in new mexico and, for that
i urge my colleagues to follow senator toomey's lead and vote to recommit. we should vote nor a bill that adheres to the guidelines set by the budget control act and provides the needed appropriation for the department transportation, housing and urban development as well as the independent agencies. while i would like to see the senate pass the transportation, housing and urban development appropriation bill, the bill before us now does more harm than it does good. mr. president, i yield the...
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Jul 26, 2013
07/13
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senator toomey and i do not always agree, but we agree very emphatically on that. congressman tom cole described the latest shutdown threat, which is what the previous three speakers had indicated, tom cole describes the latest threat as the political equivalent of throwing a temper tantrum. that is tom cole, chairman of the republican campaign committee, mr. speaker. we need to get past this you will not do this, i will not do that, and figure out what we will do, i say to my friend, the majority leader, and we have 14 days to do it. we have not gotten it done yet, and frankly we have nothing on the calendar for next week that shows we are moving toward that and. i would hope very sincerely that we could come to agreement, and we were not come to agreement on something that was so hard fought for the last five. we know that. we know you will not raise taxes. but the fact of the matter is we need to come to an agreement. americans expect us to come to agreement. with so few legislative days remaining before the fiscal year ends and the fact that we must address it,
senator toomey and i do not always agree, but we agree very emphatically on that. congressman tom cole described the latest shutdown threat, which is what the previous three speakers had indicated, tom cole describes the latest threat as the political equivalent of throwing a temper tantrum. that is tom cole, chairman of the republican campaign committee, mr. speaker. we need to get past this you will not do this, i will not do that, and figure out what we will do, i say to my friend, the...
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Jul 17, 2013
07/13
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i want to thank, patrick toomey fellow at the aclu thank you for your tireless work and thank you for depressing the living hell out of me with this conversation patrick. >> thank you. >> john: we're going to visit north carolina who's state's slogan is a better place to be and it is a better place to be if you happen to be a really rich guy. stick around. are you encouraged by what you heard the president say the other night? is this personal, or is it political? a lot of my work happens by doing the things that i'm given to doing anyway, by staying in touch with everything that is going on politically and putting my own nuance on it. in reality it's not like they actually care. this is purely about political grandstanding. i've worn lots of hats, but i've always kept this going. i've been doing politics now for a dozen years. (vo) he's been called the epic politics man. he's michael shure and his arena is the war room. >> these republicans in congress that think the world ends at the atlantic ocean border and pacific ocean border. the bloggers and the people that are sort of compili
i want to thank, patrick toomey fellow at the aclu thank you for your tireless work and thank you for depressing the living hell out of me with this conversation patrick. >> thank you. >> john: we're going to visit north carolina who's state's slogan is a better place to be and it is a better place to be if you happen to be a really rich guy. stick around. are you encouraged by what you heard the president say the other night? is this personal, or is it political? a lot of my work...
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Jul 13, 2013
07/13
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interesting, this is the manchin/toomey bill and toomey's not mentioned in it. the nra has really gone after manchin and his republican partners have gotten a pass on this. >> completely screams at you what happened. it is a joint bill and why they have decided not to go after pat toomey a other than the fablth that he's a republican. members of the public are absolutely going to see this and the thing that is interesting is that manchin is a gun owner. he uses gun. >> also have the ad in 2012 where he shot the climate bill. >> he, he is for responsible gun ownership. this is the person who has always had, i think an a or a plus rating from the nra. so, for him to all of a sudden decide we don't like you, but to get pat toomey who drafted this bill with you is sort of okay. it's so sarcastic and cynical that i think people will begin to really see the nra for what they stand for, particularly if we think about not just newtown, but one thing that you were mentioning off camera is the history of gun violence in urban neighborhoods. i, for example, would be sittin
interesting, this is the manchin/toomey bill and toomey's not mentioned in it. the nra has really gone after manchin and his republican partners have gotten a pass on this. >> completely screams at you what happened. it is a joint bill and why they have decided not to go after pat toomey a other than the fablth that he's a republican. members of the public are absolutely going to see this and the thing that is interesting is that manchin is a gun owner. he uses gun. >> also have the...
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Jul 28, 2013
07/13
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senator toomey and i do not always agree, but we agree very emphatically on that. congressman tom cole described the latest shutdown threat, which is what the previous three speakers had indicated, tom cole describes the latest threat as the political equivalent of throwing a temper tantrum. that is tom cole, chairman of the republican campaign committee, mr. speaker. we need to get past this you will not do this, i will not do that, and figure out what we will do, i say to my friend, the majority leader, and we have 14 days to do it. we have not gotten it done yet, and frankly we have nothing on the calendar for next week that shows we are moving toward that and. i would hope very sincerely that we could come to agreement, and we were not come to agreement on something that was so hard fought for the last five. we know that. we know you will not raise taxes. but the fact of the matter is we need to come to an agreement. americans expect us to come to agreement. with so few legislative days remaining before the fiscal year ends and the fact that we must address it,
senator toomey and i do not always agree, but we agree very emphatically on that. congressman tom cole described the latest shutdown threat, which is what the previous three speakers had indicated, tom cole describes the latest threat as the political equivalent of throwing a temper tantrum. that is tom cole, chairman of the republican campaign committee, mr. speaker. we need to get past this you will not do this, i will not do that, and figure out what we will do, i say to my friend, the...
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Jul 4, 2013
07/13
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. >> your wife was reportedly furious when the toomey gun bill failed. she said "mark my words, if we cannot make our communities safer with the congress we have no we'll use every means when we have a different congress." what does that mean? will your organization being supporting people to primary democrats who were not supportive? >> well, the gun lobby has been incredibly effective building a lobby in washington with nobody on the other side building. that's going to take time. with regards to primary democrats, we don't real up out any option that gets to to a place where congress will do what americans are asking. nearly 90% of americans agree that the toomey bill was the right thing to do. congress failed to act. i mean, it pretty sad that we have 20 first graders that are murdered in their classrooms and the response on a national level to that tragedy so far has been nothing. so if this congress won't do it, we'll find one that will. >> captain kelly, thank you for joining us. >> there's no holidays for journalists and reporters. in case you're
. >> your wife was reportedly furious when the toomey gun bill failed. she said "mark my words, if we cannot make our communities safer with the congress we have no we'll use every means when we have a different congress." what does that mean? will your organization being supporting people to primary democrats who were not supportive? >> well, the gun lobby has been incredibly effective building a lobby in washington with nobody on the other side building. that's going to...
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Jul 17, 2013
07/13
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toomey: thank you, madam president. the point i was take something that -- the point i was making is that the candidate for president of the ex-im bank, for whom we just granted cloture and are likely to confirm, i think is a capable individual. my objection -- i voted against cloture. and i'm going to vote against his confirmation. and it is not about him. i want to explain what this is about for me and why i think this is a lost opportunity, and precisely it is this. by invoking cloture as we have just done, and confirming mr. hochberg as we're no doubt about to do, i think we're going to miss a big opportunity to insist on some modest reforms that are necessary at the ex-im bank and we're going to miss an opportunity to pressure the administration and the ex-im bank to follow existing laws in ways that are not being followed. first of all, by way of reminder, a word about the ex-im bank. this is a taxpayer risk. this is a bank that makes taxpayer-backed loans and guarantees to countries and companies that buy america
toomey: thank you, madam president. the point i was take something that -- the point i was making is that the candidate for president of the ex-im bank, for whom we just granted cloture and are likely to confirm, i think is a capable individual. my objection -- i voted against cloture. and i'm going to vote against his confirmation. and it is not about him. i want to explain what this is about for me and why i think this is a lost opportunity, and precisely it is this. by invoking cloture as we...
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Jul 22, 2013
07/13
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here with us now, republican senator from pennsylvania, senator pat toomey. would you agree with the speaker on that? >> well, i wouldn't suggest that we'd be judged solely by how many things we appeal. >> how about this, i would think perhaps in context, i'm not sure. but least productive and least popular? least productive congress? are we still there in washington? what's the bright spot as you come on "morning joe" today? especially for republicans and what they're able to accomplish in washington? >> you know, when you have divided government as we have, it's hard to get things done. we did get something done in my first congress. i was delighted to be able to help refor the regulations as they affect small and growing companies to raise capital. that may sound like a technical thing but access to capital's pretty important for our economy. occasionally we get something done. the senate's actually gotten pretty productive in some respects in ways that i don't agree with. if you look recently, the senate passed a farm bill, passed at immigration bill. pre
here with us now, republican senator from pennsylvania, senator pat toomey. would you agree with the speaker on that? >> well, i wouldn't suggest that we'd be judged solely by how many things we appeal. >> how about this, i would think perhaps in context, i'm not sure. but least productive and least popular? least productive congress? are we still there in washington? what's the bright spot as you come on "morning joe" today? especially for republicans and what they're...
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this comes about three months after the bipartisan manchin/toomey bill on stricter gun laws failed in the senate. >>> this morning rusty the red panda is finally going home. rusty was released to the panda exhibit, the red panda exhibit area, around 9:00 this morning, or he will be. it will be the first time he's back in the exhibit since his escape from the national zoo last month. you see him here being caught in adams morgan. rusty was given a rabies booster and kept in isolation for a while. zookeepers say they think he was able to get out of the exhibit by climbing onto a low tree canopy inside his habitat. >>> why smokers may catch a financial break when president obama's health care law takes effect. >>> plus why the secret to your child's success may be tied to the time you put them to bed at night. >>> also ahead, a dramatic rescue while you were sleeping after heavy rain trapped people in canada. >>> and i'm continuing to track some light rain over the mountains. will this impact your morning commute and how hot is it going to get on your tuesday? the answ switching to progr
this comes about three months after the bipartisan manchin/toomey bill on stricter gun laws failed in the senate. >>> this morning rusty the red panda is finally going home. rusty was released to the panda exhibit, the red panda exhibit area, around 9:00 this morning, or he will be. it will be the first time he's back in the exhibit since his escape from the national zoo last month. you see him here being caught in adams morgan. rusty was given a rabies booster and kept in isolation...
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Jul 22, 2013
07/13
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., andrea mitchell, senator toomey, all much more straight ahead on "morning joe." >>> still ahead on "way too early" your best and most creative captions. did you see this one, mika? that's geraldo. 70 is the new 50. yeah, well, that's right. those tinted glasses are what bother me the most. "morning joe" just moments away. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally. little things anyone can do. it steals your memories. your independence. ensures support, a breakthrough. and sooner than you'd like. sooner than you'd think. you die from alzheimer's disease. we cure alzheimer's disease. every little click, call or donation adds up to something big. trust your instincts to make the call. to treat my lo
., andrea mitchell, senator toomey, all much more straight ahead on "morning joe." >>> still ahead on "way too early" your best and most creative captions. did you see this one, mika? that's geraldo. 70 is the new 50. yeah, well, that's right. those tinted glasses are what bother me the most. "morning joe" just moments away. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win...
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this comes about three months after the bipartisan manchin/toomey bill on stricter gun laws failed in the senate. >>> it is now 4:38. let's check in once again with melissa at the live desk with some breaking news. >> want to show you amazing video into the newsroom just a short time ago. torrential rains in toronto leaving passengers stranded. you can see rescue crews pulling a boy out of a boat. police and firefighters using boats to rescue commuters from a ten-car double-decker train. apparently it started flooding. most of the passengers went up to the second deck. water reaching up to the lower windows as you can see there. this was month's worth of rain in just four hours, also leaving 300,000 people without power. amazingly nobody seriously injured. at the live desk, news 4. >>> a new twist for the captain of a cruise ship that ran aground in italy. why he'll have to keep waiting before he learns his fate. we'll go to the live desk coming up once again. >>> also ahead, his video protest raised eyebrows. now the man who pulled a gun on freedom plaza is talking to us about why he
this comes about three months after the bipartisan manchin/toomey bill on stricter gun laws failed in the senate. >>> it is now 4:38. let's check in once again with melissa at the live desk with some breaking news. >> want to show you amazing video into the newsroom just a short time ago. torrential rains in toronto leaving passengers stranded. you can see rescue crews pulling a boy out of a boat. police and firefighters using boats to rescue commuters from a ten-car...
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Jul 31, 2013
07/13
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or go to class -- the manchin-toomey amendment would expand the background check system to cover commercial gun sales but i've heard from a lot of minnesotans who support the proposal, regardless of their views on other aspects of the president's gun violence prevention initiative. this committee heard a lot of testimony from law enforcement leaders who said that the background check saved the lives. what are your thoughts on this? >> i believe that the background check system that is currently in place, which since 1998 had kept legal fire arms out of the hands of nearly one and a half million bad guys has been effective. is there room for improvement? yes. and we do with the current system? we have. i follow with some interest the debate and will defer to this body, and congress generally, to do what you do with respect to expanding, or not expanding, background checks. i can tell you that the current system is very effective in working within the limits that it is totally working. but there's always room for improvement, including tightening up what could be characterized as the graymark
or go to class -- the manchin-toomey amendment would expand the background check system to cover commercial gun sales but i've heard from a lot of minnesotans who support the proposal, regardless of their views on other aspects of the president's gun violence prevention initiative. this committee heard a lot of testimony from law enforcement leaders who said that the background check saved the lives. what are your thoughts on this? >> i believe that the background check system that is...
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Jul 28, 2013
07/13
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one of the amendments was the toomey/manchin amendment, which focused on universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one is going to take anyone's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a mental background check. >> i urge the new congress to hold votes on these measures next year in a timely manner. >> it seems like common-sense legislation if you want to keep guns out of the wrong hands, try to better restrict who can gain access to potentially devastating high-powered weapons. but remarkably, not everyone thinks that's a good idea. >> one, two, three, guns! >> guns save lives, gun save lives! >> the most frustrating part of this is the people out there that are not listening to what the message is. and they're afraid that people are going to start knocking on their doors and taking away their guns. that's not what we want. >> we hold these truths to be self-evident, that all men are created equal and endowed by their create were certain unalienable rig
one of the amendments was the toomey/manchin amendment, which focused on universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one is going to take anyone's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a mental background check. >> i urge the new congress to hold votes on these measures next year in a timely manner. >> it seems like common-sense legislation if you...
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Jul 1, 2013
07/13
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one of the amendments was the toomey manchin amendment which focused on universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one is going to take anyone's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a >> the most frustrating part of this is the people out there that are not listening to what the message is. and they're afraid that people are going to start knocking on their doors and taking away their guns. that's not what we want. >> we hold these truths to be self-evident, that all men are created equal and endowed by their create were certain unalienable rights. and among these are right to life, liberty, and the pursuit of happiness. ladies and gentlemen, without our firearms, we have none, none of the liberties. >> the nra was founded in 1871 as a sportsman's organization aimed at educating and building marksmanship as a skill among its members. >> today the nra has nearly five million members and considers itself the voice of the american gunowner. but here is the t
one of the amendments was the toomey manchin amendment which focused on universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one is going to take anyone's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a >> the most frustrating part of this is the people out there that are not listening to what the message is. and they're afraid that people are going to start knocking on...
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Jul 14, 2013
07/13
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one of the amendments was the toomey manchin amendment which focused on universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one is going to take anyone's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a mental background check. >> i urge the new congress to hold votes on these measures next year in a timely manner. >> it seems like common-sense legislation if you want to keep guns out of the wrong hands, try to better restrict who can gain access to potentially devastating high-powered weapons. but remarkably, not everyone thinks that's a good idea. >> one, two, three, guns! >> guns save lives, gun save lives! >> the most frustrating part of this is the people out there that are not listening to what the message is. and they're afraid that people are going to start knocking on their doors and taking away their guns. that's not what we want. >> we hold these truths to be self-evident, that all men are created equal and endowed by their create were certain unalienable rights.
one of the amendments was the toomey manchin amendment which focused on universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one is going to take anyone's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a mental background check. >> i urge the new congress to hold votes on these measures next year in a timely manner. >> it seems like common-sense legislation if you...
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Jul 1, 2013
07/13
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one of the amendments was the toomey manchin amendment which focused on universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one is going to take anyone's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a mental background check. >> i urge the new congress to hold votes on these measures next year in a timely manner. >> it seems like common-sense legislation if you want to keep guns out of the wrong hands, try to better restrict who can gain access to potentially devastating high-powered weapons. but remarkably, not everyone thinks that's a good idea. >> one, two, three, guns! >> guns save lives, gun save lives! guns save lives! >> the most frustrating part of this is the people out there that are not listening to what the message is. and they're afraid that people are going to start knocking on their doors and taking away their guns. that's not what we want. >> we hold these truths to be self-evident, that all men are created equal and endowed by their creator with certain u
one of the amendments was the toomey manchin amendment which focused on universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one is going to take anyone's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a mental background check. >> i urge the new congress to hold votes on these measures next year in a timely manner. >> it seems like common-sense legislation if you...
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Jul 31, 2013
07/13
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. >> reporter: pennsylvania senator pat toomey said he's hoped for an agreement to simplify the overall tax code. >> i thought we might be able to make progress on that. i'm losing confidence that we can when senator reid insists the tax reform has to start at a trillion dollars of tax increases and the president says today that even corporate tax reforms-- a part where i thought we were close to a consensus-- has to be another opportunity to raise taxes on the american people. hole hole the opening bids on tax action come as congress makes ready to start a five-week summer recess on friday. there was strong new evidence today of a recovering housing market. the standard & poor's/case- schiller index showed home prices in may surged more than 12% from the same month last year. it's the largest gain since march of 2006. but on wall street, stocks mostly marked time, ahead of tomorrow's policy statement from the federal reserve. the dow jones industrial average lost one point to close at 15,520. the nasdaq rose 17 points to close at 3,616. and on capitol hill, the senate moved to confirm
. >> reporter: pennsylvania senator pat toomey said he's hoped for an agreement to simplify the overall tax code. >> i thought we might be able to make progress on that. i'm losing confidence that we can when senator reid insists the tax reform has to start at a trillion dollars of tax increases and the president says today that even corporate tax reforms-- a part where i thought we were close to a consensus-- has to be another opportunity to raise taxes on the american people. hole...
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Jul 28, 2013
07/13
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one of the amendments was the toomey/manchin amendment which focused on instituting universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one's going to fake anybody's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a mental background check. >> i urge the new congress to hold votes on these measures next year in a timely manner. >> seems like common sense legislation, if you want to keep guns out of the wrong hands, try to better restrict who can gain access to potentially devastating high-powered weapons. but remarkably, not everyone thinks that's a good idea. >> one, two, three, guns! >> gun save lives! gun save lives! >> the most frustrating part of this is the people out there that are not listening to what the message is, and they're afraid that people are going to start knocking on their doors and taking away their guns. that's not what we want. >> we hold these truths to be self-evident, that all men are created equal, endowed by their creator with certain unalien nabl
one of the amendments was the toomey/manchin amendment which focused on instituting universal background checks for potential gun buyers across the nation, an idea that 90% of americans support. >> no one's going to fake anybody's guns away. what we're saying is if you buy a gun, transfer a gun, there should be a criminal and a mental background check. >> i urge the new congress to hold votes on these measures next year in a timely manner. >> seems like common sense...
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Jul 30, 2013
07/13
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i learned how to do this and i can do it in about 45 seconds to my two senators, senator toomey, senator casey and their congressman, i've been practicing. they have 55 e-mails from me saying i'm stuck. >> but in your case you're doing it from the back seat of the car. >> right. >> you can't do it while you're driving. >> we urge drivers not to do it while you're driving. that's against the law. but either a passenger can do it or do it when you get to your destination because the app is going to your congressman no matter where you are. if you're from philadelphia and you're stuck trying to get into the lincoln tunnel, you can send that message out to your congressman, your congressman and your senator and really this is important because everybody acknowledges the problem. our infrastructure used to be the best in the world. now i think we're ranked 14th. we're falling behind economically. the danger to our public safety is manifest. but no one has the guts in washington to invest money to do something about it. what we're hoping the public will do is give them a permission slip by sen
i learned how to do this and i can do it in about 45 seconds to my two senators, senator toomey, senator casey and their congressman, i've been practicing. they have 55 e-mails from me saying i'm stuck. >> but in your case you're doing it from the back seat of the car. >> right. >> you can't do it while you're driving. >> we urge drivers not to do it while you're driving. that's against the law. but either a passenger can do it or do it when you get to your destination...
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Jul 25, 2013
07/13
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toomey,senator pat former chair of the club for growth, said, it is a disaster. it is a terrible way to run government. senator to me and i do not always agree, but we agree very emphatically on that. describedn tom cole the latest shutdown threat, which is what the previous three speakers had indicated, tom cole describes the latest threat as the political equivalent of throwing a temper tantrum. that is tom cole, chairman of the republican campaign committee, mr. speaker, not knee. this youo get past will not do this, i will not do that, and figure out what we will do, i say to my friend, the majority leader, and we have 14 days to do it. we have not gotten it done yet, and frankly we have nothing on the calendar for next week that toward that moving and. i would hope very sincerely that we could come to agreement, and we were not come to agreement on something that was so hard fought for the last five. we know that. we know you will not raise taxes. but the fact of the matter is we need to come tour agreement. americans expect us to come to agreement. with so
toomey,senator pat former chair of the club for growth, said, it is a disaster. it is a terrible way to run government. senator to me and i do not always agree, but we agree very emphatically on that. describedn tom cole the latest shutdown threat, which is what the previous three speakers had indicated, tom cole describes the latest threat as the political equivalent of throwing a temper tantrum. that is tom cole, chairman of the republican campaign committee, mr. speaker, not knee. this youo...
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Jul 19, 2013
07/13
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. >> senator toomey? >> i do want to thank the chairman not just for being with us today, but also for his years of service and we have had our disagreements over the years. but not without that respect for the way the approach to this and the work you have done. i have a few questions. one has to do the efficacy of the quantitative easing. more specifically there is a number of very thoughtful analyses that suggests that the benefits of the quantitative easing the ipod we have had might be quite honest, specifically i think the suggestion has been the conventional understanding of the mechanism of the increase in consumer spending that would suggest a modest increase of gdp that has resulted from the significant increase recently in household net worth. even if you attribute all that the fed, which is itself a questionable premise. and then you have your own previous testimony and you acknowledge that the nature of this may be more a matter of timing rather than net increase and it can move forward with
. >> senator toomey? >> i do want to thank the chairman not just for being with us today, but also for his years of service and we have had our disagreements over the years. but not without that respect for the way the approach to this and the work you have done. i have a few questions. one has to do the efficacy of the quantitative easing. more specifically there is a number of very thoughtful analyses that suggests that the benefits of the quantitative easing the ipod we have had...
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to-do on the banking subcommittee which the presiding officer attended, with senator murray and senator toomey is to examine how the line between banks and commercial enterprises is blurring. interestingly, these large institutions combine banks and trading firms and energy suppliers and oil refiners and warehouses and shipping companies and oil tankers and mining companies. federally insured bank holding companies once in the business of providing checking and savings accounts to workers or loans to small businesses are now also in the business of owning physical commodities, aluminum, oil, electricity. witnesses testified at the subcommittee hearing that these risky wall street practices are actually inflating prices for manufacturers and consumers, morgan stanley and j.p. morgan chase and goldman sachs take their cut when you fill up their tank, take their cut when you buy a coke or buy a beer in an aluminum can, take their cut increasingly in the copper market a metal that is in all kinds of industrial products. the maneuvering in markets for oil and wheat and cotton and coffee and more ha
to-do on the banking subcommittee which the presiding officer attended, with senator murray and senator toomey is to examine how the line between banks and commercial enterprises is blurring. interestingly, these large institutions combine banks and trading firms and energy suppliers and oil refiners and warehouses and shipping companies and oil tankers and mining companies. federally insured bank holding companies once in the business of providing checking and savings accounts to workers or...
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now, senator toomey on the other hand said this, mr. speaker, this has been the way we've been operating for a couple of years now. former chair of the club for growth said, it's a disaster. it's a terrible way to run government. he and i don't always agree, but we agree very emphatically on that. former chairman of the republican committee described the latest shutdown threat, which is what the previous three , he ers had indicated, described the latest shutdown -- indicated, he described the latest shutdown as, quote, the latest equivalent of throwing a temper tantrum. that's the chairman of the republican campaign committee, mr. speaker. not me. we need to get past this -- you won't do this, i won't do do that, and figure out what we will do. and we have 14 days to do it. we haven't gotten it done yet. frankly, we have nothing on the calendar for next week that shows that we're moving towards that end. i would hope very sincerely that we can come to agreement. and we're not going to come to agreement on something that was so hard-fou
now, senator toomey on the other hand said this, mr. speaker, this has been the way we've been operating for a couple of years now. former chair of the club for growth said, it's a disaster. it's a terrible way to run government. he and i don't always agree, but we agree very emphatically on that. former chairman of the republican committee described the latest shutdown threat, which is what the previous three , he ers had indicated, described the latest shutdown -- indicated, he described the...
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. >> senator toomey? >> okay, thank you, mr. chairman. >> madam chairman, i just want to follow up and let me go to the question in implementing a jobs act. i continue to be frustrated for over a year now and it strikes me as a relatively straightforward and simple change in law that has been on the books for over a year. we still don't have a rule. what kind of progress are remaking? >> i think i have commented that from the outside the regulation should be one that should be done comparatively. one of the reasons is it is taking longer front and center with the staff and to make sure that it is workable. it has not been used in recent years, particularly because one of the issues that we are focused on is not preemption given to that rule. making sure that it is actually used once we adopt final rules are that it's very much several things on from burners. >> along with several others. >> i know how lucky you are to put this on there. but does front burner things get taken care of this summer? fall reign with the same? >> one
. >> senator toomey? >> okay, thank you, mr. chairman. >> madam chairman, i just want to follow up and let me go to the question in implementing a jobs act. i continue to be frustrated for over a year now and it strikes me as a relatively straightforward and simple change in law that has been on the books for over a year. we still don't have a rule. what kind of progress are remaking? >> i think i have commented that from the outside the regulation should be one that...
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look at pat toomey from pennsylvania. bill he had cosponsored on background checks went down on an filibuster, but a majority of votes but not the 60, he spoke to a group of reporters and says many of my colleagues would not vote for anything barack obama was for. we know that when obama wanted to come out for the immigration bill, his ally said do not do that. it becomes the barack obama immigration bill and then we will not get the 60 votes we need. he has had to adjust his style to step back from much of this legislation. a go forward without his direct involvement is a lot of the involvement behind the scenes. it has also hurt him and a number of ways. i think the failure to use the pulpit to frame what was in the affordable care act were now and to go out and be more aggressive and talking about what is and it has enabled his adversaries to seize the agenda and frame it in a way that works to their advantage. i think we will see some adjustments. host: it's amazing anyone of qualities able to go through the nominatio
look at pat toomey from pennsylvania. bill he had cosponsored on background checks went down on an filibuster, but a majority of votes but not the 60, he spoke to a group of reporters and says many of my colleagues would not vote for anything barack obama was for. we know that when obama wanted to come out for the immigration bill, his ally said do not do that. it becomes the barack obama immigration bill and then we will not get the 60 votes we need. he has had to adjust his style to step back...
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senator pat toomey, republican of pennsylvania. >> sometimes it just seems that this administration never missing an opportunity to miss an opportunity to grow this economy. >> stephanie: same old, same old. eric cantor. >> intrusive government regulations continue to hurt job growth and make your paycheck smaller. >> because they're demanding food safety. who needs that? uh-oh, i just pooped myself because i had some lettuce. >> stephanie: waiter, there is a frog in my kale. eww! i couldn't look at that. >> a frog. [ ♪ "nbc nightly news" ] bagged salad mix is being investigated as a source of stomach bug outbreak that's caused hundreds of cases of -- you know -- [ ♪ "nbc nightly news" ] rumbly tumbly. >> stephanie: sorry about the carpet. >> nationwide. >> stephanie: diarrhea. yeah. >> i don't ria that lasts for ten pounds. people are losing ten pounds. >> stephanie: awesome! i just had kale two nights ago. chin scratch. >> as she runs out the door to make it to the bathroom. >> you don't want it on the ceiling. >> stephanie: right back on "the stephanie miller show." >> didn't you u
senator pat toomey, republican of pennsylvania. >> sometimes it just seems that this administration never missing an opportunity to miss an opportunity to grow this economy. >> stephanie: same old, same old. eric cantor. >> intrusive government regulations continue to hurt job growth and make your paycheck smaller. >> because they're demanding food safety. who needs that? uh-oh, i just pooped myself because i had some lettuce. >> stephanie: waiter, there is a frog...
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. >> senator toomey. >> thank you, mr. chairman, and i, too, want to thank chairman bernanke not just for being with us today, but also for his years of service. and we had our disagreements over the years, but not without on my part a great deal of respect for the way you have approached this work and the work that you've done. i have a couple -- a few questions i hope we'll be able to mow through. one has to do with the he have ka -- efficacy of the quau quantitative easing. there's been analyses that suggest that the benefit of the quantitative easing we've had might be quite modest, and specifically i think the suggestion has been that conventional understanding of the transmission mechanism of the increase in household net worth to consumer spending would suggest a very modest increase to gdp that's resulted from the pretty significant increase recently in household net worth. even if you attributed all of that increase to the fed which is a questionable premise. and then your own previous testimony, i think it was at
. >> senator toomey. >> thank you, mr. chairman, and i, too, want to thank chairman bernanke not just for being with us today, but also for his years of service. and we had our disagreements over the years, but not without on my part a great deal of respect for the way you have approached this work and the work that you've done. i have a couple -- a few questions i hope we'll be able to mow through. one has to do with the he have ka -- efficacy of the quau quantitative easing....