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On investments in clean energy technologies.
That have never been more promise.
Investments in wind power and solar power and biofuels.
Investments in fuel efficient cars and trucks.
And energy efficient homes and buildings.
That's the future.
That's the only where we're gonna break the cycle.
That was President Obama just a few moments ago in the Rose Garden.
Calling for new taxes on.
Like oil companies for instance to finance what he says are necessary investments in Green energy technology.
To -- the United States off of fossil fuels.
And this is power play and Internet the talk of the day in Washington is about energy.
And I -- they're talking to a lot of Washington -- they're talking to is Mike Emanuel.
Because Mike Emanuel knows what's going on because he covers our congress that esteemed body just a couple of blocks away from here.
Mike Mike Emanuel so the president wants the senate.
Two -- Pass -- legislation that he's behind that would close loopholes that are open to all companies -- the energy companies.
Use to avoid paying some of their federal corporate income taxes.
And are Democrats lined up behind this legislation is it going to get through the democratic senate.
That is the question Chris at this point it doesn't appear that it has the votes from what I'm hearing essentially.
Because a lot of Democrats in in.
Energy producing states are worried about raising taxes on producers.
There are also well aware that -- Gasoline prices soaring at this point.
There is great concern about whether perhaps additional taxes on energy companies if you will would just get passed along to consumers and so.
At this point a lot of Republicans here on the -- are shaking their heads of the president saying.
You know this is not an answer to our energy problems this is not a solution.
To these gasoline prices that are are.
Threatening to really have an impact on our economy.
And have an impact on mom and pop as they are sitting at the kitchen table trying to figure out how to pay their bills.
And so at this point I've heard -- -- from some people here on Capitol Hill.
But I have not survey the whole body because of course there are other moving parts here on the hill -- Lots of -- lots of -- lots of moving parts says that you would say Mike I suppose that the president when you talk about these Democrats who are resistant.
You're talking about folks like Mary -- from Louisiana.
Mark baggage from Alaska.
These folks how does this play from the president affect -- -- that's -- status inside the party.
And their situation.
Yeah it will certainly makes it for very awkward situation in a -- -- had -- she go home and say.
Yeah I'm gonna raise taxes on key employers in my state.
-- employers that have had a very difficult time when you consider the gulf drilling moratorium that existed for -- last year for about six months.
So bottom -- doesn't play very well for her doesn't play very well for baggage back home in Alaska.
And they are.
Getting -- here in a matter of hours to go home for sixteen days.
And so one would presume they may get an earful from their constituents about -- what are -- trying to do too.
He employers in our home state -- Got -- Mike Emanuel he's Smart he knows a lot of stuff thank you for joining us -- we've prepared thank you Chris.
And Internet word we're gonna talk about a lot of stuff today I don't want to just think that we're gonna talk about energy we're gonna talk about we're gonna talk about.
Well energy now but we're also gonna talk about Paul Ryan's budget the budget battles inside the house.
We're going to talk about the transportation bill that's coming up to the cliff.
As we get near the deadline for the existing funding.
And we're gonna be joined by Iowa senator Chuck Grassley.
Who's gonna talk about the fast and furious investigation for the botched gun running staying that continues to cause headaches for the administration.
We're going to do all of that and by the way you should probably -- -- -- on Twitter is if you do you can you can yell at me real time right here and tell me what I'm missing.
What I'm doing wrong it's great that -- -- I love to hear from you also.
Thanks for you can read the power play -- -- -- each morning.
Before we get to all of that fun and frivolity.
Let's wrap up the biggest part of business for the week in the -- part of business has been the Supreme Court oral arguments on the president's health care law so we've been saying Tom Dupree.
That none of us were lawyers but a bunch of cynical political acts slacks and folks.
So we thought it might be good to bring in a real live appellate lawyer.
-- degree he was a assistant deputy attorney general in the bush administration and is now a big shot.
Big time appellate lawyer at a fancy firm here in town what law firm Gibson Dunn.
Gibson Dunn we can't afford your billing rate so we're gonna try to keep this brief.
Tom what it putting -- perspective for us what happened at this.
Report this -- doing desperate as it was three days of intense argument and this really is the case that has at all it's got.
Obviously fascinating constitutional questions there's a very significant.
Political overlay and of course this all being played out against the backdrop of a presidential election year so.
The case really has -- all as you know they heard three days of oral argument.
The first -- really focused on the question of whether this case is ripe for decision.
There's an argument that the case really can't be properly decided for a few years until the penalties due under the bill for those who weren't participating.
Would become due and they seem to but the justices -- to -- that they did they get I think act one when the curtain came down and act.
-- one it seemed pretty likely that the justices were agent and raring to go and merits of the case so that I don't wanna sit fizzled out because of course we don't have a decision yet but certainly the questions indicated they're ready to get into the merits of -- case.
Day -- of course focused on the constitutionality.
Of the individual mandate and here I think there was certainly some uncertainty out there.
Outlet be conservative justices would do -- in particular people were focused on Justice Kennedy there was talk about whether Justice Scalia or chief Justice Roberts.
Might and supporting the statue.
It do you what I loved by the right now about the about the hold hearings was getting a look inside you know this Supreme Court did.
We don't think it is a freewheeling more fun place.
But -- -- play it back and forth between these just as you -- -- I want you to listen here to watch Justice Scalia had to say to the deputy.
Solicitor general and -- need -- during the arguments let's take a lesson.
Peter what happened to the eighth amendment you really want us to go through these 2700.
What do you expect this to return to give this a function to -- -- Clark's -- it is this not totally unrealistic.
There but he refers to the -- -- -- cruel and unusual punishment.
Is is there an upside here for Americans to get to sort of nasty but at least here inside the process of the.
-- I think there is because I think when people listen to it they realize number one -- these justices are really engaged in getting to the right answer number two it's just they've done their homework.
They've come to these cases fully prepared they have command of the precedent -- -- command of the record.
And there really engaged in a dialogue with the lawyers trying to get to the right answer and so there's certainly a large element of.
Reason and argumentation but there's also an element of theater there's no getting around particularly case like this with the eyes of the world are on the questions and people trying to -- tea leaves of what each -- is thinking -- what arguments might persuade the swing justices and that sort of -- he get a lot of people very focused on this sort of thing I think particularly for Justice Scalia.
Who certainly has a a terrific -- -- one of the smartest justices around.
He really I think it's very very -- Yeah questions are you yeah.
-- out Obama Democrats are.
Setting up a pre bubble in case they lose and leaning very heavily on this notion of a partisan.
Divided court and saying oh you know well there may be 54 decision striking down the will of the people but that's just -- radical George W.
Bush Supreme Court.
Do those kind of arguments actually people talking great length about Chief Justice John Roberts.
Would he be moved by desire to uphold the dignity of the court by not having in the early cas decision to those kind of things really factoring into the thinking of the justices as they get ready.
I think the justices -- a very good job of tuning out all the political noise I.
I think that the justices particularly in the case of this magnitude in any case really but here they're going to be focused on what the constitution says and how far Congress's power really extends under the authority granted to it under the constitution to look.
There's noise from both sides here and -- -- -- as you walked on first street you can see that.
Assembled masses pro and call on all cheering and chanting and I think at the end of that it's it's justices it's their job they do next about -- focus on the constitution focused on the law and he reached the correct result what's gonna happen well certainly if you look at the questions I think that anyone inside the administration today has been playing -- I think they need to be thinking.
Damage control they need to be thinking is we seen some their political spokesman coming out and really trying to -- ground work for the defeat now I think -- take all the prognostications of the few grains of salt because -- into the -- questions and there is a long road and street travel between now and the end of June.
Which is the deadline for a decision in this case and a lot can happen between now and then so you're making a guess based on the available evidence which is the questions justices asked their argument.
Certainly we did see a lot that suggests that the administration had much running room here a lot of folks are focused on Justice Kennedy.
His questions at least suggested he might be leaning toward striking down -- -- askew.
Time degree we cannot afford him but he -- Who -- anyway you're nice to do it Tom we thank you very much it's my pleasure Christmas Day Internet we're gonna take a quick --
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