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1 (2012)

handle is hein.cbhear/fdsysaqsg0001 and id is 1 raw text is: AUTHENTICATEO U.S. GOVERNMENT INFORMATION GP FINANCIAL SERVICES AND GENERAL GOV- ERNMENT APPROPRIATIONS FOR FISCAL YEAR 2013 WEDNESDAY, MAY 9, 2012 U.S. SENATE, SUBCOMMITTEE OF THE COMMITTEE ON APPROPRIATIONS, Washington, DC. The subcommittee met at 3:48 p.m., in room SD-138, Dirksen Senate Office Building, Hon. Richard J. Durbin (chairman) pre- siding. Present: Senators Durbin, Moran, and Lautenberg. FEDERAL COMMUNICATIONS COMMISSION STATEMENT OF JULIUS GENACHOWSKI, CHAIRMAN OPENING STATEMENT OF SENATOR RICHARD J. DURBIN Senator DURBIN. My apologies. What can I say? There is no ex- cuse. I'm sorry. Let me just put my opening statement in the record. Thanks to those for attending this hearing of the Appropriations Subcommittee on Financial Services and General Government. Thank you, Senator Moran. Thank you, Senator Lautenberg, and Chairman of the Federal Communications Commission (FCC), Ju- lius Genachowski. And, let me at this point, defer to Senator Moran. I'll put my opening statement in the record. STATEMENT OF SENATOR JERRY MORAN Senator MORAN. Mr. Chairman, I'll just have a brief opening statement. I want to do that because I requested that you have this hearing, and I appreciate your honoring my request. This is the first time that the FCC Chairman has appeared be- fore this subcommittee since 2002, and incredible advancements in technology and communications have occurred in the past decade. And I'm thankful to have this opportunity to explore some of those topics with the Chairman. As we all know, our country faces many challenges, the greatest of which is we have a crippling debt. In my view, there are two steps to get our fiscal house in order, and the Congress must make some responsible decisions to rein in Government spending. And, of course, in the appropriations process, we have that opportunity. But, second, we need to grow our economy, and because when more people are working, more revenue is generated. And one of (1)

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