the perspective from john taylor. and in the next hour, senator john mccain and linda douglass from the white house and finally bob schieffer from cbs news all ahead this tuesday morning, june 23. "washington journal" continues. >> july 4 weekend on "book tv." discover unfamiliar side of the nation's first president as we are live from george washington's mount vernon estate historian and author on the ascent of george washington. join our three-hour conversation sunday, july 5, live on "in debt." >> how c-span funded? >> through donations? >> i think a little bit from the federal government. >> stuff like that. >> may be from sponsors? >> it might get some government funding. >> viewers? >> how c-span funded? 30 years ago america's cable companies created c-span as a public service, a private business initiative -- no government mandate, no government money. >> there's still time to get your copy of c-span's 2009 congressional directory. with information on house and senate members, the cabinet, supreme court justice

in a couple of minutes john taylor will join us. if you want to send a tweet to talk about the federal reserve you can do so at c-spanwj. some political stories here in washington, senator john ensign, republican of nevada, returning to washington but the headline, questions on the affair linder. also this morning of "roll call, " mensign to face the music. pointing out he is expected to address his gop colleagues at a weekly luncheon today to try to turn the page on a high-profile sex scandal that is the real is rising political career -- career. while no one knows exactly what he will say to its fellow senators the move is increasingly familiar one for about of republicans, including senator david vitter and former senator ted stevens and larry craig, while facing scandals of their own, going before the conference to discuss their respective situations. it also this morning, related to the shakeup of the republican leadership, talking about senator john thune wants to replace ensign in the hierarchy, and alaska senator lisa moreho

and a couple minutes john taylor will be joining us if you want to send us a message. you can to sell. we will get your comments. -- you can do so. the headline shows questions on his affair landry. and also they had mine about ensign to face the music. he is expected to address his colleagues at the weekly luncheon. no one knows exactly what he will say to his fellow senators, but the move is becoming increasingly familiar for embattled republicans including ted stevens and larry craig. they're going before the conference to discuss their situations. also, related to the shakeup in the republican leadership, we have been talking about shannon there john finan -- we will be talking about senator john thune. and the alaska senator is seeking to be the vice chair as john will move up to the policy chair in the senate and leadership. next is greg from virginia. good morning. caller: yes, i think it is a little -- i am disgruntled. it seems like we are putting all the money into the financial institutions or the stimulus package has focused on financial institutions when t

do you have a question for john taylor? caller: the question i got is how do people ever believe what you are saying out there -- you guys were involved in the most disastrous economic system we have ever had. so, for a lot of us, you did not have any accreditation. host: how do you respond? guest: it seems a broad criticism, not quite sure how to react because it is not very specific. you know, what i have tried to do in this book and other books is to look back at what the decisions were and see if we can learn lessons. i think the more government can review -- i think there should be a commission or operation that goes back and looks of the reasons for this financial crisis. in fact, i think we should be doing that before we propose changes in the economy in reaction to it. lessons learned is the thing i think we should focus on here in the future. host: mitchell is joining us from florida. on the republican line. caller: good morning to you all. host: go ahead. caller: i would like to say that i'm a republican and i am

taylor, on the economy, the federal deficit and the economic stimulus package. after that, senator john mccain talks about foreign policy challenges the u.s. faces. then a conversation with linda douglas of the white house healthcare reform office. later, bob schaeffer of cbs news. washington journal begins each morning at 7:00 eastern with the day's news. over on c-span 3, work

taylor. arizona senator john mccain takes your calls at 88 am eastern and linda douglas, communications director for the white house office of health reform talks about the administrations plans for healthcare and we will look at the day's news with bob schieffer, chief washington correspondent for cbs news. washington journal live on c-span every day at 7:00 a.m. eastern. also on washington journal this week tom ridge, former secretary of homeland security will take your questions on thursday at 9:00 a.m. eastern. >> the health committee begin insinuative marking of the healthcare bill. senator chris dodd sitting in for senator ted kennedy. this is two hours. [inaudible conversations] >> good afternoon everyone. i think with that the requisite number of members here to begin to proceed. let me thank all of the common you for being here and we will continue with the markup of the affordable health choice zizek. let me thank everyone. last week i felt it was productive. we had a long productiv

taylor on the economy, the federal deficit and the economic stimulus package. after that, senator john mccain talks about foreign policy challenges the u.s. faces. then a conversation with linda douglas of the white house health care reform office. later, bowen schaefer of cbs news. "washington journal" begins at 7:00 each morning with the day's news. over on c-span 3, work continues on health care legislation, live coverage from the senate health committee begins at 10:00 eastern. now president obama announces an $80 billion deal with u.s. drug companies to help cover costs to medicare recipients. from the white house, this is about 10 minutes. >> i want to thank you for having us here, mr. president. we certainly appreciate it. aarp is proud to stand with you, chairman baucus, senator dodd, to announce that the gap in medicare, the drug coverage gap known as the dougnut hole to all of you, will be substantially filled for millions of middle income americans as part of health reform. i want to applaud chairman baucus and senator dodd, who continue to be champi

. >> for more information on john taylor gatto go to johntaylorgatto.com. >> i'm the congressman for the 11th congressional district of virginia. and i'm here to talk about books. i, myself am a very avenue did reader and i read on average, at least a book a week, sometimes two. and most of my consumption is history, and biography. i have a stack of books on one side of the bed i've read in the last year and i've got another stack on the other side of the bed that is to be read in the coming year. and i particularly am fondled with american history. and have read a number of biographies the last year, read a wonderful book, by joseph whelan, the last crusade on john quincy adams career here in the house of representatives and many ways, historians, very few have ever written about that period, exclusively. in john quincy adams a career and he spent 17 years here in the house of representatives after having served as president and had a very distinguished career and was an out spoken opponent of slavery. and, many ways, was somebody who foresaw the disunion that was going to occur ove

john taylor, former treasury undersecretary in the bush administration, serving the first term of -- under president bush, dr. at stanford university, senior fellow at hoover institution and teaches economics at stanford. welcome to the program. caller: good morning to both of you. i have maybe three questions, if i could stay on the line. host: can we stay on the line? caller: do you know tim adams? guest: former colleague at the treasury? host: second question? caller: of the second question is, -- the second question is, what area were you undersecretary? guest: international affairs. caller: that is what tim was. here is my question. the bush administration was fundamentally established as a corporate model government, which did not sit well with me because governments and corporations are difference. the first treasury secretary, paul o'neill, i liked, -- the price of loyalty, what happens with him. john snow -- paul a came -- lcoa and john snow came from cs x, so they had business experience on the ground with employees. but then with henriette -- when henry paulson came in, he

and the federal reserve meeting today and tomorrow for its annual meeting, and we'll be talking with john taylor who serve inside the bush administration now with the hoover institute out at stanford university in california to talk about his views on what the fed needs to be doing and may not be doing quite yet. front page of the "detroit free press", ford to get retooling aid. the story points out that the obama administration is set to announce retooling loans for ford motor company, nissan motor company and tesla motors, the first under a $25 million program to spur fuel-efficient vehicles in the u.s. we're asking the question about the economy and some of the headlines indicating there are some mixed signals. give us a call or -- >> washington journal is live every day at 7 a.m. eastern. we're going to leave this recorded segment as the u.s. senate's gaveling back in. possible this afternoon work on 2010 legislative branch spending. safety rapid response act of 2009. i do this in conjunction with my colleague from the state of minnesota, senator klobuchar. and i want to recognize her

two prominent economists, john etwell and lance taylor, they wrote an important book in which they spelled out the consequences of these market inefficiencies, which we now see. and they outline means to deal with them. these proposals were exactly contrary to the deregulatory rage that was then being carried forward by the clinton administration under the leadership of those who obama has now called upon to put band-aids on the disaster that they helped create. in substantial measure, the food crisis plaguing much of the south and the financial crisis of the north have common roots, name namely, the shift toward neoliberalism since the 1970s. that brought to an end the post-war, post-second world war system that was instituted by the united states and britain. i had two architects written, and they anticipated that its core principles, which included capital controls and regulated currencies -- they anticipated that these principles would lead to relatively balanced, economic growth and would also free governments to institute the social democratic programs, welfare state programs, that h

let's go back to camden yards, debbi taylor standing by with today's winning pitcher, john lannan. >> thank you very much, johnny. john, you started the first four innings with the lead-off batters getting on every time, then it seemed like you settled down after that. >> first couple of innings i was struggling with my two- seamer on the outside part of the plate, the last four i felt pretty good. i had to battle through that second inning. glad we got the win today. >> seemed like everything was working for you later in the game. >> yeah, i mean, i was just throwing like i have been throwing. the first couple of innings wasn't myself. i was kind of picking at the corners and my two-seamer was running off that plate, so i told him to set up a little more middle so i could set up my pitches a little bit more. >> what did you think that have? >> they did great today. they put up five runs and really can't complain about the way they hit today. >> finally, it seems like you guys seem to do well on getaway days. heading to florida now? >> i just love playing a getaway day, a plane trip o

. >> rob: john lannan's roommate we learned last night thanks to debbi taylor. i don't know if i'd lit her go through my drawers and stuff when i was a single guy. >> bob: 3-2 pitch. that's trouble. right-field line. scott rolen heading for third. dukes makes a good play to cut it off. it will be second and third, one out. now the error really hurts. that's quite an at-bat by alex rios. >> rob: 3-2 fastball away. rios goes with it. good peet piece of hitting by him. he's trying to stay alive. nice job sliding to cut that ball off. get that back in as quickly as possible. >> bob: when you couple this together with the bottom of the seventh, this has been a rough 20-25 minutes. nats had the bases loaded one out after second and third, nobody out. now the blue jays a similar situation here in the top of the eighth. >> rob: you can't give good teams extra chances. >> bob: front door breaking ball up and over to lyle overbay. he's 0-1 with a pair of walks.   >> rob: hitting against left-handed pitchers this year. all th

program in a 1997 letter to boehm where if quote, says, john f. kennedy was right, the u.s. navy sales will bear your mark as -- seals will bear your mark as long as they and the freedom they fight for continues to exist, wrote admiral taylor in addition to his distinguished military service, lieutenant commander boehm was equally admired for his long standing support of military veterans within his punta gorda community. regrettably, lieutenant commander boehm passed away on december 30, 2008, at his home at the age of 84. it is my home that -- hope that we can somehow honor his outstanding legacy and service to our country through the passage of h.r. 2470 and by designating the port charlotte postal facility in his honor. i urge my colleagues to join me in supporting h.r. 2470 and i continue to reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from california. mr. bilbray: thank you, mr. speaker. mr. speaker, i yield myself as much time as i may consume and i rise today in support of h.r. 2470, legislatio