| 00:00:24 |
French, Mark - Founder, President and CEO
SAFELY. ONE FLAKE OF SNOW, AND WASHINGTON CLOSES DOWN. WELL, WE'RE VERY EXCITED ABOUT THE NEW YEAR. OUR PARTNERSHIP WITH THE CHAMBER AND THIS MORNING'S...
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| 00:04:50 |
French, Mark - Founder, President and CEO
NOW TIME TO START THE SHOW. AS WE MOVED CLOSER TO THE END OF 2012, THE NATION'S ATTENTION WAS FOCUSED ON THE SPECTER OF A FISCAL CLIFF WHICH NETTENNED...
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| 00:08:39 |
Gregg, Judd Alan - Co-Chair
THE CHANCE TO WORK WITH THEM OVER THE LAST COUPLE YEARS SINCE I LEFT THE SENATE. THEY'VE BEEN A WONDERFUL FIRM TO HAVE REPRESENT ME. AND IT'S ALSO A...
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| 00:19:07 |
Conrad, Kent - U.S. Senator, [D] North Dakota
THE ANSWER. SO WE CAN ALL LEAVE HERE FEELING VERY GOOD. I RECOMMEND YOU IMMEDIATELY CALL YOUR BROKER AND INVEST ANY FUND YOU HAVE IN CASH INTO THE...
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| 00:39:02 |
French, Mark - Founder, President and CEO
BUT I'D LIKE TO START WITH ONE. WE KNOW WHAT THE PROBLEM IS, AND WE SORT OF KNOW HOW TO SOLVE IT. BUT WE ARE CONFRONTED BY THE REALITY OF THE POLITICAL...
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| 00:39:44 |
Gregg, Judd Alan - Co-Chair
HAVE A SYSTEM THAT IS INCREMENTAL IN NATURE. WE ARE NOT A PARLIAMENTARY SYSTEM WHERE IF YOU CONTROL THE GOVERNMENT YOU CAN MOVE VERY QUICKLY AND THE...
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| 00:43:31 |
Conrad, Kent - U.S. Senator, [D] North Dakota
BECAUSE THE DEBT LIMIT HAS TO BE EXTENDED. SIMPLY HAS TO BE. THIS IS NOT OUR FUTURE SPENDING. THIS IS ABOUT SPENDING THAT'S ALREADY BEEN DONE. THE QUESTION...
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| 00:45:35 |
Q&A
ORGANIZATION PLEASE. >> TONY WITH BLOOMBERG GOVERNMENT. SO BOTH YOUR COMMENTS AS YOU JUST TALKING ABOUT SEEMS TO INDICATE THAT THERE'S SOME POSITIVE...
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| 00:46:17 |
Conrad, Kent - U.S. Senator, [D] North Dakota
TERMS OF OUR EFFECTIVE RATE. BUT, UNFORTUNATELY, SOME COMPANIES PAY PRETTY CLOSE TO THE STATUTORY RATE. CLEARLY WE NEED TO CHANGE THE CORPORATE TAX....
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| 00:47:07 |
Gregg, Judd Alan - Co-Chair
DEFICIT UNDER CONTROL, AND LETS YOU CHANGE THE TAX LAWS. I THINK WHAT THE TEMPLATE OF SIMPSON-BOWLES HAS TO AMAZINGLY AGGRESSIVE STEPS INTO. ONE WAS...
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| 00:50:06 |
Conrad, Kent - U.S. Senator, [D] North Dakota
PART OF BOWLES-SIMPSON. WE RECOMMENDED THAT. ON MORTGAGE INTEREST, I THINK ULTIMATELY IT WILL BE CHANGED. THAT THERE WILL BE, YOU KNOW, BOWLES-SIMPSON...
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| 00:51:29 |
Gregg, Judd Alan - Co-Chair
ROSTENKOWSKI. THE ONE THING THAT WAS NECESSARY TO ACCOMPLISH -- FIRST YOU HAVE TO HAVE THE PRESIDENT. THE PRESIDENT HAS TO BE ENGAGED TO GET TAX REFORM....
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| 00:52:59 |
Conrad, Kent - U.S. Senator, [D] North Dakota
THAT WOULD THIS INCENTIVE SAVINGS AND INVESTMENT. THAT'S ONE OF THE BIZARRE THINGS ABOUT THE CURRENT TAX CODE. THE INCENTIVES ARE REALLY ALL WRONG,...
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| 00:54:06 |
Gregg, Judd Alan - Co-Chair
THE FED, BECAUSE YOU'RE BASICALLY CREATING A SITUATION BECAUSE OF THE LOWER INTEREST POLICIES WHERE SENIORS SAVINGS ARE BEING DISINCENTIVIZED IN A...
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| 00:56:17 |
Conrad, Kent - U.S. Senator, [D] North Dakota
ECONOMY IS FACING IS WEAK DEMAND. THAT IS NOT THE TIME TO IMPOSE FISCAL AUSTERITY. BUT IT IS THE TIME TO PUT IN PLACE A PLAN THAT GETS US BACK ON FISCAL...
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| 00:57:55 |
French, Mark - Founder, President and CEO
WOULD LIKE TO THANK BOTH SENATOR CONRAD AND SENATOR GREG. IN A TOWN WHERE WE'RE USED TO, WATCHING PEOPLE, SHOUTING AT EACH OTHER. WE HAD A PRETTY INTELLIGENT,...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.