English subtitles for clip: File:3-31-10- White House Press Briefing.webm
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1 00:00:03,367 --> 00:00:06,097 Mr. Burton: So we're just going to go ahead and just get started. 2 00:00:06,100 --> 00:00:06,870 The Press: Going to leap right in? 3 00:00:06,867 --> 00:00:07,837 Mr. Burton: Yes. 4 00:00:07,834 --> 00:00:09,334 The Press: So can we talk about the politics of the offshore 5 00:00:09,333 --> 00:00:10,503 drilling announcement? 6 00:00:10,500 --> 00:00:11,470 Mr. Burton: Sure. 7 00:00:11,467 --> 00:00:16,867 The Press: Both sides. How can -- can you guys afford to kind of anger the 8 00:00:16,867 --> 00:00:19,497 environmentalists, sort of liberal side of your base, 9 00:00:19,500 --> 00:00:23,570 with the pretty expansive decision on offshore drilling? 10 00:00:23,567 --> 00:00:26,097 And then, on the other side, how much do you think it can 11 00:00:26,100 --> 00:00:29,800 actually help in bringing Republicans along on climate change? 12 00:00:29,800 --> 00:00:32,000 Mr. Burton: Well, it's the President's view that what we need to do here is 13 00:00:32,000 --> 00:00:34,830 take a comprehensive approach to energy policy. 14 00:00:34,834 --> 00:00:37,364 And there are people on the right who support some aspects 15 00:00:37,367 --> 00:00:40,097 of that; there's people on the left who support some aspects of that. 16 00:00:40,100 --> 00:00:42,600 But he didn't go into this looking at what the political 17 00:00:42,600 --> 00:00:45,800 coalition was going to be getting this passed. 18 00:00:45,800 --> 00:00:48,100 He went into this thinking, what's the best policy for our 19 00:00:48,100 --> 00:00:50,070 country and how do we get it done. 20 00:00:50,066 --> 00:00:51,896 It's something that he talked about on the campaign trail; 21 00:00:51,900 --> 00:00:54,230 it's something that he's talked about for a very long time. 22 00:00:54,233 --> 00:00:56,833 So I think that for people who have followed the President, 23 00:00:56,834 --> 00:00:59,934 a lot of this policy isn't much of a surprise to them. 24 00:00:59,934 --> 00:01:01,064 The Press: Right, but -- 25 00:01:01,066 --> 00:01:03,366 Mr. Burton: One thing I would say, though, Jennifer, 26 00:01:03,367 --> 00:01:06,267 is just that I was -- the President was encouraged this 27 00:01:06,266 --> 00:01:09,566 morning to see Senator McConnell's spokesperson say 28 00:01:09,567 --> 00:01:12,967 that this was an issue that he had spoken specifically with 29 00:01:12,967 --> 00:01:15,067 President Obama about. 30 00:01:15,066 --> 00:01:17,136 And so it does look like there's some support on 31 00:01:17,133 --> 00:01:18,563 both sides of the aisle. 32 00:01:18,567 --> 00:01:21,097 We'll have a rigorous debate about this and hopefully get 33 00:01:21,100 --> 00:01:22,370 something done. 34 00:01:22,367 --> 00:01:23,597 The Press: Well, can you talk, though, specifically 35 00:01:23,600 --> 00:01:25,130 about environmentalists? 36 00:01:25,133 --> 00:01:28,763 Obviously they're not happy with the way this decision played out. 37 00:01:28,767 --> 00:01:32,467 So how much can you afford -- understood that it's a decision 38 00:01:32,467 --> 00:01:35,197 he had kind of hinted at, hinted he was going to make, 39 00:01:35,200 --> 00:01:36,930 but at the same time he has to deal with the fallout 40 00:01:36,934 --> 00:01:37,934 from that decision. 41 00:01:37,934 --> 00:01:39,934 So how does that play out for you? 42 00:01:39,934 --> 00:01:40,904 Mr. Burton: Sure. 43 00:01:40,900 --> 00:01:42,530 Well, we're the Democratic Party; 44 00:01:42,533 --> 00:01:44,903 we often have disagreements among our friends. 45 00:01:44,900 --> 00:01:47,600 But the President is going to continue to talk to folks in the 46 00:01:47,600 --> 00:01:50,570 environmental community, and people in the Democratic Party, 47 00:01:50,567 --> 00:01:52,097 and people in the Republican Party, 48 00:01:52,100 --> 00:01:53,900 to make the most amount of progress that we can make on 49 00:01:53,900 --> 00:01:55,370 this critical issue. 50 00:01:55,367 --> 00:01:58,297 It's important because we need to decrease our dependence on 51 00:01:58,300 --> 00:02:00,770 foreign oil and we need to move forward on some of these 52 00:02:00,767 --> 00:02:03,797 investments in order to create some of the most important jobs 53 00:02:03,800 --> 00:02:06,430 that we can create here in the 21st century. 54 00:02:06,433 --> 00:02:09,463 The President's view is that the country that comes out on top -- 55 00:02:09,467 --> 00:02:12,337 on investments in renewable energy and on creating new 56 00:02:12,333 --> 00:02:16,203 technology -- is going to be a leader in the 21st century and 57 00:02:16,200 --> 00:02:19,430 he's not playing for second place. 58 00:02:19,433 --> 00:02:23,103 The Press: So the drilling announced today -- there was no thought 59 00:02:23,100 --> 00:02:26,270 about the implications this might have for advancing 60 00:02:26,266 --> 00:02:28,636 the climate change legislation that seems to be running into 61 00:02:28,633 --> 00:02:30,263 obstacles in Congress? 62 00:02:30,266 --> 00:02:32,936 Mr. Burton: Well, I would say that it's obviously a part of 63 00:02:32,934 --> 00:02:35,804 the climate legislation and the entire package that the 64 00:02:35,800 --> 00:02:38,730 President is working with Congress to move forward. 65 00:02:38,734 --> 00:02:42,904 So I would say that this is mostly about coming through 66 00:02:42,900 --> 00:02:45,530 on a promise that he made to the American people that he 67 00:02:45,533 --> 00:02:47,863 would have a comprehensive energy plan that would 68 00:02:47,867 --> 00:02:51,567 include some increased domestic production of energy but also 69 00:02:51,567 --> 00:02:55,567 some big investments in renewable technology, 70 00:02:55,567 --> 00:02:58,767 as well as finding ways to promote efficiency and 71 00:02:58,767 --> 00:02:59,697 things like that. 72 00:02:59,700 --> 00:03:02,030 So all these things are connected. 73 00:03:02,033 --> 00:03:05,403 The Press: Well, Robert yesterday showed sort of acceptance 74 00:03:05,400 --> 00:03:07,970 of a timetable of getting financial regulatory reform 75 00:03:07,967 --> 00:03:09,767 through Congress onto the President's desk by 76 00:03:09,767 --> 00:03:11,467 no later than September. 77 00:03:11,467 --> 00:03:14,167 What is the timetable you all are thinking of for climate 78 00:03:14,166 --> 00:03:15,766 change legislation? 79 00:03:15,767 --> 00:03:17,697 Mr. Burton: I don't have specific dates for you necessarily, 80 00:03:17,700 --> 00:03:18,900 but this is something that the President thinks 81 00:03:18,900 --> 00:03:21,770 we need to move forward on as quickly as possible. 82 00:03:21,767 --> 00:03:24,037 As recently as a couple weeks ago he had a bipartisan group of 83 00:03:24,033 --> 00:03:27,933 senators into the White House to talk about some of the proposals 84 00:03:27,934 --> 00:03:30,464 that they have, some ways that we can come together in order to 85 00:03:30,467 --> 00:03:33,037 make progress on this issue. 86 00:03:33,033 --> 00:03:35,063 And he's going to continue to work with them in order to make 87 00:03:35,066 --> 00:03:36,596 progress as fast as we can. 88 00:03:36,600 --> 00:03:39,200 The Press: Does the President believe that this can be done before 89 00:03:39,200 --> 00:03:41,730 the midterm elections in November? 90 00:03:41,734 --> 00:03:44,464 Mr. Burton: His goal is to do this as fast as he possibly can. 91 00:03:44,467 --> 00:03:46,167 Yunji. 92 00:03:46,166 --> 00:03:48,266 The Press: I'm curious, what changed? 93 00:03:48,266 --> 00:03:50,596 I mean, the President, again and again on the campaign trail, 94 00:03:50,600 --> 00:03:52,970 said that this was -- this would be insignificant, 95 00:03:52,967 --> 00:03:55,467 that expanding these kind of leases would not do much in 96 00:03:55,467 --> 00:03:58,067 terms of consumer relief, short term or long term. 97 00:03:58,066 --> 00:03:59,166 So what's different? 98 00:03:59,166 --> 00:04:01,366 Mr. Burton: Well, what the President said was that there's 99 00:04:01,367 --> 00:04:05,037 no silver bullet when it comes to decreasing our dependence on 100 00:04:05,033 --> 00:04:09,163 foreign oil and having a comprehensive view on energy. 101 00:04:09,166 --> 00:04:11,236 If you remember the conversation that was being had, 102 00:04:11,233 --> 00:04:16,263 a lot of people treated offshore drilling as a panacea to solve 103 00:04:16,266 --> 00:04:18,096 all of our problems as it related to energy. 104 00:04:18,100 --> 00:04:21,400 But what the President thought was that it just had to be one 105 00:04:21,400 --> 00:04:25,500 part of a comprehensive strategy to dealing with that. 106 00:04:25,500 --> 00:04:27,630 That's why, over the course of the presidency, 107 00:04:27,633 --> 00:04:30,103 you've heard him, at the State of the Union, talk about this, 108 00:04:30,100 --> 00:04:32,570 and in other venues talk about it. 109 00:04:32,567 --> 00:04:35,967 He's talked about increasing production of domestic oil. 110 00:04:35,967 --> 00:04:39,897 He's talked about finding ways to get nuclear energy moving in 111 00:04:39,900 --> 00:04:43,100 this country, clean coal moving in this country, 112 00:04:43,100 --> 00:04:44,230 and all those different things. 113 00:04:44,233 --> 00:04:45,703 But along with the increased production, 114 00:04:45,700 --> 00:04:48,570 he's talked about ways to make vehicles more efficient. 115 00:04:48,567 --> 00:04:50,867 There's new fuel-efficiency standards, 116 00:04:50,867 --> 00:04:54,697 which is something that was very hard to get an agreement on but, 117 00:04:54,700 --> 00:04:56,230 bringing all the relevant parties to the table, 118 00:04:56,233 --> 00:04:57,833 he was able to. 119 00:04:57,834 --> 00:05:01,164 He's done things to make the federal fleet more fuel 120 00:05:01,166 --> 00:05:08,796 efficient, using hybrid vehicles, buying plug-in cars, 121 00:05:08,800 --> 00:05:11,500 to make sure that we're doing everything we can, 122 00:05:11,500 --> 00:05:13,100 from the federal government's standpoint, 123 00:05:13,100 --> 00:05:16,030 in order to decrease our dependence on foreign oil. 124 00:05:16,033 --> 00:05:18,263 So nothing has changed. 125 00:05:18,266 --> 00:05:20,336 What you see here today is a fulfillment of what the 126 00:05:20,333 --> 00:05:21,703 President said he was going to do. 127 00:05:21,700 --> 00:05:23,800 The Press: But the President said that this was insignificant. 128 00:05:23,800 --> 00:05:26,030 If it's insignificant, then -- and you have the kind of 129 00:05:26,033 --> 00:05:29,263 political fallout that Jennifer is talking about potentially 130 00:05:29,266 --> 00:05:31,666 happening, then what makes this worth it? 131 00:05:31,667 --> 00:05:34,437 Mr. Burton: What the President said was that this in and of 132 00:05:34,433 --> 00:05:38,933 itself would not be enough to get us on a path to energy 133 00:05:38,934 --> 00:05:43,404 independence, and so as one part of his strategy, 134 00:05:43,400 --> 00:05:46,870 finding places where you can reasonably and safely drill 135 00:05:46,867 --> 00:05:50,267 offshore to increase production is a key part of that. 136 00:05:50,266 --> 00:05:52,366 So -- but it's just one part of that. 137 00:05:52,367 --> 00:05:54,397 And that's what he said in the campaign and that's what he's 138 00:05:54,400 --> 00:05:55,670 following through on today. 139 00:05:55,667 --> 00:05:56,597 Dan. 140 00:05:56,600 --> 00:06:01,200 The Press: Why did the President not go further in terms of drilling 141 00:06:01,200 --> 00:06:05,370 off of Alaska where it's believed there are a lot of resources? 142 00:06:05,367 --> 00:06:07,567 Mr. Burton: Well, what the President thinks we ought to do is use 143 00:06:07,567 --> 00:06:10,537 the best science available and the safest methods that 144 00:06:10,533 --> 00:06:15,763 we can in order to find oil and gas, 145 00:06:15,767 --> 00:06:18,997 and then go and retrieve it and use it domestically. 146 00:06:19,000 --> 00:06:24,470 So what this proposal represents is what he and the team of 147 00:06:24,467 --> 00:06:27,697 experts around him think is the best way to go about that in the 148 00:06:27,700 --> 00:06:29,830 most responsible and safe way. 149 00:06:29,834 --> 00:06:31,964 The Press: On health care, what's going on behind the 150 00:06:31,967 --> 00:06:35,697 scenes in terms of the President selling to the American people 151 00:06:35,700 --> 00:06:37,600 -- beyond just the trip that we're seeing this week -- 152 00:06:37,600 --> 00:06:40,170 selling to the American people the short-term and long-term 153 00:06:40,166 --> 00:06:42,696 benefits of this new law? 154 00:06:42,700 --> 00:06:45,830 Mr. Burton: Well, as the President said when we were going through this 155 00:06:45,834 --> 00:06:49,034 process to get health care passed into law, 156 00:06:49,033 --> 00:06:51,603 he was going to spend some time going out talking to the 157 00:06:51,600 --> 00:06:54,030 American people specifically about the short-term and the 158 00:06:54,033 --> 00:06:56,763 long-term benefits that they were going to get out of it. 159 00:06:56,767 --> 00:06:57,867 And that's what you see. 160 00:06:57,867 --> 00:07:00,397 Tomorrow the President will be in Maine where he'll be talking 161 00:07:00,400 --> 00:07:03,070 about some of the benefits that small businesses will get in the 162 00:07:03,066 --> 00:07:06,366 short term and the long term as it relates to health care. 163 00:07:06,367 --> 00:07:09,337 So you'll see the President travel and talk about it. 164 00:07:09,333 --> 00:07:12,663 You'll see members of the administration talking about it. 165 00:07:12,667 --> 00:07:14,967 And we're going to continue to make sure the American people 166 00:07:14,967 --> 00:07:20,837 know exactly what's in this bill for them and when it comes into effect. 167 00:07:20,834 --> 00:07:25,104 The Press: Bill, I want to revisit a health care issue from yesterday. 168 00:07:25,100 --> 00:07:30,170 Regarding the write-downs for big companies like AT&T, 169 00:07:30,166 --> 00:07:34,736 Caterpillar, I'm unclear -- is it the White House's position 170 00:07:34,734 --> 00:07:37,334 that these write-downs are purely political; 171 00:07:37,333 --> 00:07:41,733 that they could have been done in a more gradual way? 172 00:07:41,734 --> 00:07:45,434 Or is it the position that, yes, their hands are tied by 173 00:07:45,433 --> 00:07:49,063 accounting rules and they had to take these write-downs immediately? 174 00:07:49,066 --> 00:07:50,236 Mr. Burton: Well, I'm not going to make a statement on the 175 00:07:50,233 --> 00:07:53,733 motivations of people announcing what 30-year projections are 176 00:07:53,734 --> 00:07:56,764 saying about the impact that health care reform 177 00:07:56,767 --> 00:07:57,867 will have on their business. 178 00:07:57,867 --> 00:08:01,737 But it's the White House's view that all the benefits in health 179 00:08:01,734 --> 00:08:05,264 care reform will have a much greater positive impact on those 180 00:08:05,266 --> 00:08:08,896 businesses than the loss of a double subsidy will 181 00:08:08,900 --> 00:08:10,470 to their business. 182 00:08:10,467 --> 00:08:13,937 The Press: You seem to be scoffing at a breakdown over 30 years. 183 00:08:13,934 --> 00:08:15,634 Is that true that you're saying this -- 184 00:08:15,633 --> 00:08:17,503 Mr. Burton: No, I'm not scoffing at it. I'm just pointing it out. 185 00:08:17,500 --> 00:08:21,070 The Press: Okay, and secondly -- it sounded like scoffing. 186 00:08:21,066 --> 00:08:24,296 Secondly, I sent you a high-priority email yesterday -- 187 00:08:24,300 --> 00:08:26,630 I'm sure you saw it -- but I was questioning the reading 188 00:08:26,633 --> 00:08:29,233 habits of Mr. Gibbs. 189 00:08:29,233 --> 00:08:35,033 Has Mr. Gibbs actually read all the reports he cited yesterday 190 00:08:35,033 --> 00:08:40,033 to justify -- to claim that there will a bending of the cost 191 00:08:40,033 --> 00:08:42,233 curve in the health care bill? 192 00:08:42,233 --> 00:08:44,633 Mr. Burton: I assume that he has, because he's a really fast reader and 193 00:08:44,633 --> 00:08:46,503 he's been very interested in the subject. 194 00:08:46,500 --> 00:08:50,030 But the good news for you is that I'm just doing this 195 00:08:50,033 --> 00:08:55,633 part-time, and you'll have your chance to ask him directly. Bill. 196 00:08:55,633 --> 00:08:58,233 The Press: Does the President believe that his proposal today 197 00:08:58,233 --> 00:09:01,263 will make it easier to raise the cap and trade bill and actually 198 00:09:01,266 --> 00:09:03,536 get it debated in the Senate? 199 00:09:03,533 --> 00:09:05,603 Mr. Burton: Well, the President's view is that what he did today is an 200 00:09:05,600 --> 00:09:08,800 important part of moving it forward. 201 00:09:08,800 --> 00:09:10,700 And so the President has been -- 202 00:09:10,700 --> 00:09:13,400 The Press: But I'm asking about the politics. 203 00:09:13,400 --> 00:09:14,430 Mr. Burton: I understand that. 204 00:09:14,433 --> 00:09:16,763 And I know that here in Washington -- I haven't been 205 00:09:16,767 --> 00:09:18,867 here that long, but I know that everything is viewed through a 206 00:09:18,867 --> 00:09:22,067 lens of who does this help, who does this hurt, 207 00:09:22,066 --> 00:09:23,296 who's up, who's down. 208 00:09:23,300 --> 00:09:25,330 The President's view is that this is the best policy, 209 00:09:25,333 --> 00:09:28,133 and that working with members of the Senate on both sides -- the 210 00:09:28,133 --> 00:09:31,333 Republicans and the Democrats -- this is policy -- that there are 211 00:09:31,333 --> 00:09:34,263 things that people of both political persuasions can agree 212 00:09:34,266 --> 00:09:36,196 to and we can move forward on it. 213 00:09:36,200 --> 00:09:37,800 The Press: Presumably you've also been here long enough to 214 00:09:37,800 --> 00:09:40,000 know that that's the way they think inside, too. 215 00:09:40,000 --> 00:09:42,530 Mr. Burton: Well, I wouldn't go that far. 216 00:09:42,533 --> 00:09:45,963 Having talked to the folks who I work with here in the West Wing 217 00:09:45,967 --> 00:09:50,567 all day today, I know that there is a real belief that what we've 218 00:09:50,567 --> 00:09:53,367 proposed today doesn't just follow through on what the 219 00:09:53,367 --> 00:09:56,067 President promised on the campaign trail for the sake of 220 00:09:56,066 --> 00:09:57,536 following through on it. 221 00:09:57,533 --> 00:10:02,963 It also would put our country on a new track towards more 222 00:10:02,967 --> 00:10:06,597 domestic production of energy, towards more renewable energy 223 00:10:06,600 --> 00:10:09,370 use, and towards creating jobs of the future. 224 00:10:09,367 --> 00:10:11,797 The Press: If you're willing to set deadlines for other legislation, 225 00:10:11,800 --> 00:10:15,130 will you set a deadline for getting cap and trade passed? 226 00:10:15,133 --> 00:10:16,503 Mr. Burton: I don't have a deadline for you today. 227 00:10:16,500 --> 00:10:18,500 I just know the President wants to move forward on 228 00:10:18,500 --> 00:10:20,200 this as fast as possible. Savannah. 229 00:10:20,200 --> 00:10:23,530 The Press: Given that you guys haven't considered the politics at 230 00:10:23,533 --> 00:10:27,463 all with this, is it possible there was a strategic blunder 231 00:10:27,467 --> 00:10:30,697 here by conceding so much -- doing offshore drilling, 232 00:10:30,700 --> 00:10:34,400 you've announced new grants for nuclear reactors -- without 233 00:10:34,400 --> 00:10:36,670 getting any concessions from Republicans? 234 00:10:36,667 --> 00:10:38,167 You didn't have any Republicans standing up there with the 235 00:10:38,166 --> 00:10:39,366 President today. 236 00:10:39,367 --> 00:10:42,537 Is it possible that you've kind of given away the store without 237 00:10:42,533 --> 00:10:44,803 any guarantees that you'll get Republican support in 238 00:10:44,800 --> 00:10:46,100 exchange for that? 239 00:10:46,100 --> 00:10:49,730 Mr. Burton: Well, I'd start by saying that actually Senator McConnell's 240 00:10:49,734 --> 00:10:51,634 spokesperson's statement was very encouraging, 241 00:10:51,633 --> 00:10:54,133 that this was an issue that he had brought up specifically with 242 00:10:54,133 --> 00:10:56,903 the President and that we believe that we'll be able 243 00:10:56,900 --> 00:10:59,370 to work with Republicans on. 244 00:10:59,367 --> 00:11:04,237 But also, like I said, this -- none of this should have been 245 00:11:04,233 --> 00:11:05,833 a surprise to anybody. 246 00:11:05,834 --> 00:11:07,604 We've been talking about all these different elements for a 247 00:11:07,600 --> 00:11:11,470 very long time and the President is following through on promises 248 00:11:11,467 --> 00:11:14,497 that he made to have a comprehensive energy strategy. 249 00:11:14,500 --> 00:11:16,170 So in terms of the politics of this, 250 00:11:16,166 --> 00:11:20,066 we think that there are good things in this package that 251 00:11:20,066 --> 00:11:23,136 appeal to people of all political persuasions and that 252 00:11:23,133 --> 00:11:24,733 in the short term, not the long term, 253 00:11:24,734 --> 00:11:26,604 we're going to be able to move forward and pass some of this 254 00:11:26,600 --> 00:11:27,700 into law. 255 00:11:27,700 --> 00:11:29,370 The Press: Well, McConnell -- in his statement, which I just read, 256 00:11:29,367 --> 00:11:31,237 actually, since you mentioned that, 257 00:11:31,233 --> 00:11:34,003 kind of frames it as a small step. 258 00:11:34,000 --> 00:11:36,630 All the Republican statements say -- have kind of a lukewarm 259 00:11:36,633 --> 00:11:38,903 response to it. 260 00:11:38,900 --> 00:11:42,500 Will the President get involved as closely as he was by the end 261 00:11:42,500 --> 00:11:43,570 of health care? 262 00:11:43,567 --> 00:11:45,497 Did he learn something from the health care debate that he plans 263 00:11:45,500 --> 00:11:47,830 to use in this debate? 264 00:11:47,834 --> 00:11:49,764 Mr. Burton: Well, I would say for starters I don't think there 265 00:11:49,767 --> 00:11:51,897 is anybody who anticipated that the President would roll out an 266 00:11:51,900 --> 00:11:55,500 energy plan and people on the Republican side would be 267 00:11:55,500 --> 00:11:57,870 cheerleading it right from the get-go. 268 00:11:57,867 --> 00:11:59,837 But if you saw what happened over the course of the health 269 00:11:59,834 --> 00:12:02,634 care debate, where you had senators saying that this would 270 00:12:02,633 --> 00:12:06,063 be the President's Waterloo, stop this at all costs, 271 00:12:06,066 --> 00:12:09,296 this is the way that we can halt the agenda of the President, 272 00:12:09,300 --> 00:12:14,400 I think even lukewarm statements are a step in the right direction. 273 00:12:14,400 --> 00:12:15,470 Mark. 274 00:12:15,467 --> 00:12:18,437 The Press: Bill, to what extent is the administration joining 275 00:12:18,433 --> 00:12:24,033 the chorus of those who chant, "drill, baby, drill"? 276 00:12:24,033 --> 00:12:27,533 Mr. Burton: Well, I would say that this comprehensive approach 277 00:12:27,533 --> 00:12:31,833 is a lot less "drill, baby, drill" and more "drill where 278 00:12:31,834 --> 00:12:35,964 it's responsible, promote efficiency, 279 00:12:35,967 --> 00:12:39,167 invest in clean energy, and create jobs of the future." 280 00:12:39,166 --> 00:12:41,296 I know that doesn't fit on a t-shirt quite as well, 281 00:12:41,300 --> 00:12:43,770 but that's a lot more about what President Obama thinks is the 282 00:12:43,767 --> 00:12:45,637 right direction for this country. 283 00:12:45,633 --> 00:12:51,103 The Press: And is it the plan to expand oil and gas leases 284 00:12:51,100 --> 00:12:53,730 throughout the Atlantic Ocean? 285 00:12:53,734 --> 00:12:59,904 I read a figure of 160 million acres of ocean would be 286 00:12:59,900 --> 00:13:02,800 available for new oil and gas drilling. 287 00:13:02,800 --> 00:13:04,400 Mr. Burton: I don't know the specifics on the acreage. 288 00:13:04,400 --> 00:13:06,770 I think there's actually a call happening right now that some of 289 00:13:06,767 --> 00:13:08,737 your colleagues are on where they're going through some of 290 00:13:08,734 --> 00:13:11,564 those particulars. Roger. 291 00:13:11,567 --> 00:13:13,797 The Press: Bill, the -- looking ahead to Friday, 292 00:13:13,800 --> 00:13:15,830 the jobs report comes out, as you know, 293 00:13:15,834 --> 00:13:18,464 and the President is going to be down in North Carolina. 294 00:13:18,467 --> 00:13:22,467 The analysts so far seem to suggest that this will be 295 00:13:22,467 --> 00:13:24,767 showing job creation for the second time 296 00:13:24,767 --> 00:13:26,637 since the recession started. 297 00:13:26,633 --> 00:13:31,163 Does that suggest that the White House will stop now on offering 298 00:13:31,166 --> 00:13:34,566 any more jobs plans, or are you going to kind of lay back and 299 00:13:34,567 --> 00:13:40,167 let things take hold and see where it goes? 300 00:13:40,166 --> 00:13:42,536 Mr. Burton: Well, unless the jobs report comes back and says that 301 00:13:42,533 --> 00:13:45,733 we've created 8.5 million jobs in this last month, 302 00:13:45,734 --> 00:13:47,834 the President is going to treat this jobs report the same way 303 00:13:47,834 --> 00:13:50,264 he's created all the -- he's treated all the rest of them, 304 00:13:50,266 --> 00:13:53,096 which is to say that we've got a lot more work to do. 305 00:13:53,100 --> 00:13:56,200 And there's analysts across the spectrum who have different 306 00:13:56,200 --> 00:13:59,870 views of what the jobs report is going to say, 307 00:13:59,867 --> 00:14:03,037 and I know there's different factors that will play into 308 00:14:03,033 --> 00:14:04,603 this specific one. 309 00:14:04,600 --> 00:14:07,130 Last month there was the huge snowstorm, 310 00:14:07,133 --> 00:14:09,063 and this month we might see some of the reverse effects of that. 311 00:14:09,066 --> 00:14:11,096 I've seen reports that the Census Bureau has 312 00:14:11,100 --> 00:14:12,300 hired thousands of folks. 313 00:14:12,300 --> 00:14:14,670 So there's a lot of different factors that we'll see in this 314 00:14:14,667 --> 00:14:15,937 jobs report. 315 00:14:15,934 --> 00:14:18,434 But the President is committed to putting the American people 316 00:14:18,433 --> 00:14:20,963 back to work and keeping this economy on track. 317 00:14:20,967 --> 00:14:24,937 And the jobs report that comes out on Friday is just going to 318 00:14:24,934 --> 00:14:29,134 be one set of data, but it's not necessarily going to mean the 319 00:14:29,133 --> 00:14:31,863 President is going to change course when it comes to doing 320 00:14:31,867 --> 00:14:35,867 everything that he can to move through some of the ideas that 321 00:14:35,867 --> 00:14:38,097 he's put forth on helping small businesses, 322 00:14:38,100 --> 00:14:41,770 helping big businesses, helping everybody who's hiring that he 323 00:14:41,767 --> 00:14:45,897 can to create an environment where people can create jobs. 324 00:14:45,900 --> 00:14:47,800 The Press: So you're leaving the door open for another jobs 325 00:14:47,800 --> 00:14:51,100 creation package at some point, if needed? 326 00:14:51,100 --> 00:14:52,630 Mr. Burton: Well, keep in mind that some of the things that the 327 00:14:52,633 --> 00:14:58,333 President has talked about even as recently as December have not 328 00:14:58,333 --> 00:15:00,333 come to a vote, haven't been passed, 329 00:15:00,333 --> 00:15:02,563 and so some of his jobs ideas are still out there, 330 00:15:02,567 --> 00:15:07,237 including some of the things to -- since this is energy day -- 331 00:15:07,233 --> 00:15:10,833 but to make homes more efficient and give people credits to 332 00:15:10,834 --> 00:15:13,704 retrofit their own houses and that sort of thing. 333 00:15:13,700 --> 00:15:16,630 So the President is still very much focused on creating jobs. 334 00:15:16,633 --> 00:15:17,903 The Press: One just minor housekeeping question. 335 00:15:17,900 --> 00:15:21,470 Will the First Family's tax returns be released either 336 00:15:21,467 --> 00:15:24,067 Friday or over the weekend? 337 00:15:24,066 --> 00:15:27,236 Mr. Burton: I don't know the timing on that, but they're generally released 338 00:15:27,233 --> 00:15:31,403 and they'll be out sooner than you think. 339 00:15:31,400 --> 00:15:35,830 I don't have a date for you. Lester. 340 00:15:35,834 --> 00:15:37,434 The Press: Thank you very much. 341 00:15:37,433 --> 00:15:43,263 And thank you for your very crisp answers. 342 00:15:43,266 --> 00:15:47,396 Does the President believe that the Holy Father has been fairly 343 00:15:47,400 --> 00:15:51,030 treated by The New York Times and The Washington Post? 344 00:15:51,033 --> 00:15:52,863 Mr. Burton: That's not something I've spoken to him about. 345 00:15:52,867 --> 00:15:54,337 I'll see what I can find out. 346 00:15:54,333 --> 00:15:55,603 The Press: You will? Good. 347 00:15:55,600 --> 00:15:56,830 (laughter) 348 00:15:56,834 --> 00:16:01,464 Why does the President believe that it is fair to bar all 349 00:16:01,467 --> 00:16:05,167 private-school children from the Easter Egg Roll, 350 00:16:05,166 --> 00:16:09,896 including scholarship students at Sidwell Friends? 351 00:16:09,900 --> 00:16:12,970 Mr. Burton: I'm not familiar with the Easter Egg Roll policy, 352 00:16:12,967 --> 00:16:14,437 but I would direct you to -- 353 00:16:14,433 --> 00:16:15,433 The Press: But it's been announced. 354 00:16:15,433 --> 00:16:17,503 You must be aware of the announcement. 355 00:16:17,500 --> 00:16:20,330 Mr. Burton: Like I said, I'm not fully familiar with the Easter 356 00:16:20,333 --> 00:16:22,063 Egg Roll policy. 357 00:16:22,066 --> 00:16:23,396 I appreciate the question. 358 00:16:23,400 --> 00:16:25,000 But you should direct it to the East -- 359 00:16:25,000 --> 00:16:26,170 The Press: You'll get me an answer then? 360 00:16:26,166 --> 00:16:27,336 Mr. Burton: No, I would direct you to the East Wing where they 361 00:16:27,333 --> 00:16:28,733 know a little more about it. April. 362 00:16:28,734 --> 00:16:33,804 The Press: Yes, today is March 31st, the deadline for the Black Farmers 363 00:16:33,800 --> 00:16:38,230 $1.25 [billion] congressional approval for its settlement. 364 00:16:38,233 --> 00:16:41,233 Robert was supposed to come back with information about if the 365 00:16:41,233 --> 00:16:43,903 President supported an extension -- because we understand that 366 00:16:43,900 --> 00:16:48,000 CBC members as well as the Black Farmers were looking for an extension. 367 00:16:48,000 --> 00:16:51,130 Do you have any information about the President supports 368 00:16:51,133 --> 00:16:55,203 an extension to this deadline after 15 years of their wait? 369 00:16:55,200 --> 00:16:57,100 Mr. Burton: I checked in with Leg Affairs after you asked that question 370 00:16:57,100 --> 00:17:00,400 yesterday, and they told me that they are in fact working with 371 00:17:00,400 --> 00:17:03,100 Congress with some urgency to get this done as fast as possible. 372 00:17:03,100 --> 00:17:05,570 I don't have any specific timing for you, 373 00:17:05,567 --> 00:17:07,837 but this is something that they're working to 374 00:17:07,834 --> 00:17:10,664 make progress on to make sure that we get this done. 375 00:17:10,667 --> 00:17:11,937 The Press: So it's not going to happen today, 376 00:17:11,934 --> 00:17:14,464 but you mean that they could possibly use the extension -- 377 00:17:14,467 --> 00:17:16,767 I mean, because today is the deadline and they're not there -- 378 00:17:16,767 --> 00:17:21,467 Mr. Burton: Well, not knowing the particulars of the specific 379 00:17:21,467 --> 00:17:24,067 settlement, I'm letting you know that the legislative team 380 00:17:24,066 --> 00:17:26,396 is working to get this done as fast as possible. 381 00:17:26,400 --> 00:17:27,770 The Press: Well, let me ask you this as well -- since they have 382 00:17:27,767 --> 00:17:30,567 been waiting for 15 years in this Pickford case, 383 00:17:30,567 --> 00:17:33,137 the Black Farmers want to know if they can meet with the 384 00:17:33,133 --> 00:17:37,233 President, especially after he announced it in his 2011 budget 385 00:17:37,233 --> 00:17:40,163 and put out a paper saying he strongly supports it. 386 00:17:40,166 --> 00:17:42,436 And they wanted to know if they could sit down and talk to the 387 00:17:42,433 --> 00:17:45,863 President to push more so this administration to 388 00:17:45,867 --> 00:17:50,237 make it happen, since they've waited 15 years. 389 00:17:50,233 --> 00:17:53,863 Mr. Burton: I don't know if there's a meeting in the works. 390 00:17:53,867 --> 00:17:56,567 I can certainly check on it, but I don't know if that's in the works. 391 00:17:56,567 --> 00:17:59,067 The Press: Is this administration open to meeting with them at least? 392 00:17:59,066 --> 00:18:02,336 Mr. Burton: I haven't spoken to anybody on that, so I don't know. Bill. 393 00:18:02,333 --> 00:18:06,203 The Press: Bill, you said a couple times already today that 394 00:18:06,200 --> 00:18:09,200 the President's policy is to drill where it's responsible. 395 00:18:09,200 --> 00:18:13,000 So far I've only heard about Virginia. 396 00:18:13,000 --> 00:18:15,970 Can you give us an idea of other places where the administration 397 00:18:15,967 --> 00:18:18,297 believes it's responsible to drill? 398 00:18:18,300 --> 00:18:19,800 Mr. Burton: Well, some of the other areas that were talked 399 00:18:19,800 --> 00:18:23,470 about in the reports today are up on the northern coast of 400 00:18:23,467 --> 00:18:30,097 Alaska, down in the Gulf region -- areas like that. 401 00:18:30,100 --> 00:18:33,630 The Press: Are there any plans for drilling off the coast of California? 402 00:18:33,633 --> 00:18:35,403 Mr. Burton: That is not a part of this. 403 00:18:35,400 --> 00:18:38,000 The Press: Out of consideration? 404 00:18:38,000 --> 00:18:40,700 Mr. Burton: I can't speak to the entire rest of this administration, 405 00:18:40,700 --> 00:18:42,130 but I can tell you that it's not a part of the 406 00:18:42,133 --> 00:18:44,033 President's energy plan. 407 00:18:44,033 --> 00:18:46,003 The Press: I'm sorry if this has already been mentioned, 408 00:18:46,000 --> 00:18:48,500 but to what extent was this discussed with Democratic 409 00:18:48,500 --> 00:18:52,270 leaders on the Hill before it was rolled out today? 410 00:18:52,266 --> 00:18:56,466 Mr. Burton: We speak with Democratic leaders on the Hill every day and -- 411 00:18:56,467 --> 00:18:57,937 The Press: They were well aware this was coming? 412 00:18:57,934 --> 00:19:02,904 I mean, have you taken the temperature of Democrats on the Hill? 413 00:19:02,900 --> 00:19:04,230 Mr. Burton: I assume that that has happened. 414 00:19:04,233 --> 00:19:06,033 We talk to Democratic leaders every day. 415 00:19:06,033 --> 00:19:09,363 It wasn't a secret that our energy policy was coming out. 416 00:19:09,367 --> 00:19:11,037 Folks got a heads-up that it was happening. 417 00:19:11,033 --> 00:19:14,103 And obviously the President has a very close relationship with 418 00:19:14,100 --> 00:19:17,430 Speaker Pelosi and Leader Reid and it's, of course, 419 00:19:17,433 --> 00:19:21,503 one of the things that they do talk about from time to time. Ann. 420 00:19:21,500 --> 00:19:24,070 The Press: On the West Coast of Florida, when you're talking about the 421 00:19:24,066 --> 00:19:25,796 eastern part of the Gulf of Mexico -- 422 00:19:25,800 --> 00:19:29,500 he says that he would -- if the ban were to be lifted, 423 00:19:29,500 --> 00:19:31,170 he'd like to see more exploration there. 424 00:19:31,166 --> 00:19:35,636 Will the President ask Congress to lift the ban? 425 00:19:35,633 --> 00:19:41,603 Mr. Burton: Well, every place has specific regulations that they have to 426 00:19:41,600 --> 00:19:46,000 deal with in order to move leases, to actually put in the rigs. 427 00:19:46,000 --> 00:19:48,400 There's the exploratory phase that they have to go through. 428 00:19:48,400 --> 00:19:52,630 So -- what's your specific question about the Eastern Gulf? 429 00:19:52,633 --> 00:19:55,403 The Press: The statement you all put out says that in the Eastern 430 00:19:55,400 --> 00:19:59,300 Gulf, which remains under a congressional moratorium -- right? 431 00:19:59,300 --> 00:20:01,630 But if it were to be lifted, he thinks there should be more 432 00:20:01,633 --> 00:20:04,263 drilling closer to the western coast of Florida. 433 00:20:04,266 --> 00:20:06,536 Mr. Burton: Well, I don't want to get into water that's too deep 434 00:20:06,533 --> 00:20:09,363 for me when we're talking about the Gulf of Mexico. 435 00:20:09,367 --> 00:20:10,767 (laughter) 436 00:20:10,767 --> 00:20:13,497 But I would encourage you to ask the folks at Interior. 437 00:20:13,500 --> 00:20:16,270 The Press: Bill, how about -- for years, some of the arguments that 438 00:20:16,266 --> 00:20:19,736 opponents of drilling used is that, first of all, 439 00:20:19,734 --> 00:20:22,004 as the President said when he was a candidate, 440 00:20:22,000 --> 00:20:25,230 it doesn't come up with a single gallon of gas in the short term, 441 00:20:25,233 --> 00:20:31,033 it's way long off; and, number two, that the -- well, 442 00:20:31,033 --> 00:20:32,403 answer just that part. 443 00:20:32,400 --> 00:20:35,900 When he pounded the lectern back in 2008 and said, 444 00:20:35,900 --> 00:20:38,930 I won't do it because it won't come up with anything immediate 445 00:20:38,934 --> 00:20:41,264 -- what flipped him on that? 446 00:20:41,266 --> 00:20:43,036 Mr. Burton: Well, the President's view -- and I was saying 447 00:20:43,033 --> 00:20:46,333 this earlier -- is that this is not a silver bullet to 448 00:20:46,333 --> 00:20:48,103 the answer to the energy question that we have. 449 00:20:48,100 --> 00:20:49,200 The Press: But what changed? 450 00:20:49,200 --> 00:20:50,900 Mr. Burton: But it's one part. It's one part. 451 00:20:50,900 --> 00:20:53,500 And this is something that he has said over the course of the campaign. 452 00:20:53,500 --> 00:20:56,330 So people who voted for him, people who covered him, 453 00:20:56,333 --> 00:20:58,603 people who were watching this election knew that if you pulled 454 00:20:58,600 --> 00:21:02,630 the lever for Barack Obama in November of 2008, 455 00:21:02,633 --> 00:21:04,333 what you were going to get was a President who, 456 00:21:04,333 --> 00:21:06,533 as part of a comprehensive energy strategy, 457 00:21:06,533 --> 00:21:10,403 was going to support some drilling where it made sense, 458 00:21:10,400 --> 00:21:13,830 was going to promote efficiency, was going to invest in renewables. 459 00:21:13,834 --> 00:21:15,904 But he was going to take a comprehensive view, 460 00:21:15,900 --> 00:21:18,930 and not just take the short view that drilling was the answer to 461 00:21:18,934 --> 00:21:20,064 all of our answers. 462 00:21:20,066 --> 00:21:22,236 The Press: And the other aspect of that is the complaint against 463 00:21:22,233 --> 00:21:24,833 it was that the drilling -- there are a lot of leases out 464 00:21:24,834 --> 00:21:28,204 there sitting there untouched for years. 465 00:21:28,200 --> 00:21:31,800 How many leases, and what kind of exploration could go forward 466 00:21:31,800 --> 00:21:35,170 that the private companies just aren't doing? 467 00:21:35,166 --> 00:21:36,636 Mr. Burton: I actually, Ann, have to say, regret this -- 468 00:21:36,633 --> 00:21:39,833 I have the specific numbers for you. 469 00:21:39,834 --> 00:21:41,804 They're sitting upstairs on my desk. 470 00:21:41,800 --> 00:21:43,030 The Press: Well, I'll be up to see you. 471 00:21:43,033 --> 00:21:44,163 (laughter) 472 00:21:44,166 --> 00:21:45,536 Mr. Burton: But I will make sure that I get you those numbers -- 473 00:21:45,533 --> 00:21:48,003 and anybody else who is interested in them. Glen. 474 00:21:48,000 --> 00:21:49,970 The Press: Bill, in the run-up to Copenhagen, 475 00:21:49,967 --> 00:21:53,237 the administration took its share of criticism from 476 00:21:53,233 --> 00:21:54,963 conservative groups who said that you were sort 477 00:21:54,967 --> 00:21:56,837 of in the pocket of the environmental community. 478 00:21:56,834 --> 00:21:59,634 What do you think this says about the President's attitude 479 00:21:59,633 --> 00:22:02,233 towards environmentalists and his willingness to stand up for 480 00:22:02,233 --> 00:22:05,463 them even if they don't agree with him? 481 00:22:05,467 --> 00:22:07,997 Mr. Burton: Well, I -- Glen, I was saying this earlier, 482 00:22:08,000 --> 00:22:10,800 but I just -- I don't see it in that political lens necessarily. 483 00:22:10,800 --> 00:22:12,730 If the President had done something today that he hadn't 484 00:22:12,734 --> 00:22:14,434 promised that he was going to do, 485 00:22:14,433 --> 00:22:19,763 that we hadn't telegraphed from the campaign through the State 486 00:22:19,767 --> 00:22:22,297 of the Union of this year, through all the different things 487 00:22:22,300 --> 00:22:26,000 that we've said about energy, then I would say that maybe we 488 00:22:26,000 --> 00:22:28,670 could have a conversation about what this means for 489 00:22:28,667 --> 00:22:30,167 standing up to whomever. 490 00:22:30,166 --> 00:22:31,896 But this is something the President said he was going to 491 00:22:31,900 --> 00:22:33,900 do, and I think that for the most part, 492 00:22:33,900 --> 00:22:36,970 people oughtn't feel surprised about it. 493 00:22:36,967 --> 00:22:38,367 The Press: Just to follow up on what Sam was asking about the 494 00:22:38,367 --> 00:22:39,697 contact with the Hill. 495 00:22:39,700 --> 00:22:43,400 If you sort of look at this map, it is -- it appears to be 496 00:22:43,400 --> 00:22:46,100 carefully crafted and tailored. 497 00:22:46,100 --> 00:22:48,130 You have some drilling on the north short of Alaska; 498 00:22:48,133 --> 00:22:49,863 you have more restrictions on the south. 499 00:22:49,867 --> 00:22:52,597 You also have the drilling off the coast of Virginia. 500 00:22:52,600 --> 00:22:56,830 To what extent did you discuss the creation of this map with 501 00:22:56,834 --> 00:23:00,604 Senator Warner in Virginia, Senator Landrieu in Louisiana? 502 00:23:00,600 --> 00:23:02,970 Was there a back-and-forth prior to this? 503 00:23:02,967 --> 00:23:04,997 Mr. Burton: On the actual process for figuring out the places 504 00:23:05,000 --> 00:23:08,370 where it made most sense to explore new places to drill I 505 00:23:08,367 --> 00:23:11,737 would direct you to the Department of Interior. Peter. 506 00:23:11,734 --> 00:23:14,434 The Press: Can I ask about -- yesterday in the President's statement on 507 00:23:14,433 --> 00:23:17,833 Iran with President Sarkozy, he says weeks, not months, 508 00:23:17,834 --> 00:23:19,664 on a sanction resolution. 509 00:23:19,667 --> 00:23:22,267 Can you give us any more understanding of why he's saying 510 00:23:22,266 --> 00:23:25,766 that, or what makes him think he can get it on that time frame? 511 00:23:25,767 --> 00:23:29,337 What's happening in terms of the discussions about -- with the 512 00:23:29,333 --> 00:23:30,833 Chinese at this point or -- 513 00:23:30,834 --> 00:23:32,534 Mr. Burton: Well, for starters, as the President expressed 514 00:23:32,533 --> 00:23:36,533 yesterday, there's a real sense of urgency as it relates to 515 00:23:36,533 --> 00:23:39,863 working to apply pressure to Iran. 516 00:23:39,867 --> 00:23:44,467 And there are some very intense conversations happening at the 517 00:23:44,467 --> 00:23:46,697 United Nations right now that we're able to make 518 00:23:46,700 --> 00:23:48,370 some real progress on. 519 00:23:48,367 --> 00:23:51,667 And the President feels like we have more support in the 520 00:23:51,667 --> 00:23:54,437 international community for sanctions than we've ever had 521 00:23:54,433 --> 00:23:58,733 before and he feels very confident that this spring we 522 00:23:58,734 --> 00:24:01,634 will be able to move forward with an agreement of those nations. 523 00:24:01,633 --> 00:24:04,133 The Press: How important is it to get a sanctions resolution, 524 00:24:04,133 --> 00:24:06,203 even if it doesn't include everything that he originally 525 00:24:06,200 --> 00:24:08,430 might have wanted it to have? 526 00:24:08,433 --> 00:24:11,763 Mr. Burton: Well, the President obviously -- the United States is not 527 00:24:11,767 --> 00:24:14,837 the only country who is dealing with this issue. 528 00:24:14,834 --> 00:24:18,004 And so we have to work with some of our foreign partners to apply 529 00:24:18,000 --> 00:24:19,800 as much pressure as we can. 530 00:24:19,800 --> 00:24:21,130 You brought up the Chinese. 531 00:24:21,133 --> 00:24:24,103 The Chinese know that it's not in their interest to have a 532 00:24:24,100 --> 00:24:25,930 nuclear arms race in the Middle East, 533 00:24:25,934 --> 00:24:28,534 and we're confident that we're going to be able to work with 534 00:24:28,533 --> 00:24:33,503 them to move forward on meaningful pressure on Iran. 535 00:24:33,500 --> 00:24:37,470 So I would say that the President takes the long view. 536 00:24:37,467 --> 00:24:39,137 He wants to apply as much pressure as we can, 537 00:24:39,133 --> 00:24:42,103 and he's confident we're going to be able to do that. 538 00:24:42,100 --> 00:24:47,100 The Press: Thanks, Bill. As you know, gas prices have been on the rise 539 00:24:47,100 --> 00:24:48,870 over the past few months. 540 00:24:48,867 --> 00:24:53,437 I've seen $4 a gallon here in Washington, D.C. 541 00:24:53,433 --> 00:24:58,003 To what extent does the White House believe that the proposal 542 00:24:58,000 --> 00:25:00,900 the President announced today will bring down the cost of 543 00:25:00,900 --> 00:25:04,570 gasoline for motorists across the country? 544 00:25:04,567 --> 00:25:06,637 Mr. Burton: I don't know about the immediate impact because 545 00:25:06,633 --> 00:25:10,833 of course all these different things that we're doing have 546 00:25:10,834 --> 00:25:12,834 to go through different phases, right? 547 00:25:12,834 --> 00:25:16,134 You've got some places where you can start drilling a lot more 548 00:25:16,133 --> 00:25:17,533 soon than in other places. 549 00:25:17,533 --> 00:25:22,333 And so the length of time that it takes for the oil to get out 550 00:25:22,333 --> 00:25:25,163 of the ground and into the supply is going to take a little while. 551 00:25:25,166 --> 00:25:28,266 So I don't know that -- I'm not a speculator, 552 00:25:28,266 --> 00:25:31,136 so I don't know exactly what's going to happen on the price of 553 00:25:31,133 --> 00:25:32,803 a barrel of oil today. 554 00:25:32,800 --> 00:25:35,430 But I can tell you that over the long term this is going to save 555 00:25:35,433 --> 00:25:38,463 the American people money, it's going to decrease our dependence 556 00:25:38,467 --> 00:25:41,497 on foreign oil, and it's going to allow them to know that our 557 00:25:41,500 --> 00:25:43,370 energy future is secure. 558 00:25:43,367 --> 00:25:46,067 The Press: So long term then -- you say you don't know about the 559 00:25:46,066 --> 00:25:48,266 immediate impact it may have -- long term, 560 00:25:48,266 --> 00:25:51,696 you think that the price of gasoline for motorists across 561 00:25:51,700 --> 00:25:54,500 the country will come down as a result of the proposal the 562 00:25:54,500 --> 00:25:56,030 President announced today? 563 00:25:56,033 --> 00:25:58,433 Mr. Burton: I think that as a result of the proposal the President 564 00:25:58,433 --> 00:26:01,003 announced today, our country will have a lot more energy 565 00:26:01,000 --> 00:26:04,270 security and a lot less dependence on foreign oil. 566 00:26:04,266 --> 00:26:06,196 But in terms of the ups and downs of the market, 567 00:26:06,200 --> 00:26:07,870 I'm not going to get into that. 568 00:26:07,867 --> 00:26:10,337 The Press: Did that enter into the calculus of the White House 569 00:26:10,333 --> 00:26:13,833 in making this decision that perhaps this would bring down 570 00:26:13,834 --> 00:26:17,304 the cost of gasoline for motorists? 571 00:26:17,300 --> 00:26:19,730 Mr. Burton: Well, obviously as we get into the summer, 572 00:26:19,734 --> 00:26:21,434 gas prices go up. 573 00:26:21,433 --> 00:26:25,933 And at a time when the economy is not doing very well, 574 00:26:25,934 --> 00:26:29,434 that can have a real pinch on families who are unemployed, 575 00:26:29,433 --> 00:26:31,233 or families who are underemployed, 576 00:26:31,233 --> 00:26:34,003 or families who are feeling the pinch from all sorts of 577 00:26:34,000 --> 00:26:37,900 different aspects of the economy -- rising tuition costs, 578 00:26:37,900 --> 00:26:40,170 rising utility costs, and things like that. 579 00:26:40,166 --> 00:26:43,636 And so the President does want to do things that make energy 580 00:26:43,633 --> 00:26:46,403 more affordable for the American people. 581 00:26:46,400 --> 00:26:50,770 But I would say that this comprehensive approach is the 582 00:26:50,767 --> 00:26:55,067 best way to do that for the long term for -- as it relates to 583 00:26:55,066 --> 00:26:57,296 energy and as it relates to our economy. 584 00:26:57,300 --> 00:26:58,430 Thank you.