Balancing The Budget This Year Not Possible, Says Bernanke

Federal Reserve Chairman Ben Bernanke tells the House Budget Committee on Wednesday that due to the current state of fragility of the economy, attempting to pass a balanced budget would not be possible or advisable (0:41).
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Alabama Republican: BP Is Responsible Up To The Extent Of Their Very Financial Existence

In a Senatae Judiciary Committee hearing Tuesday, Ranking Member Jeff Sessions (R-Ala.) said BP is the responsible party and are financially liable for the damages caused by the Deepwater Horizon incident. (0:19)
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BP Has Made No Attempt To Contact Our Family, Says Brother Of Oil Rig Victim

Chris Jones, brother of one of the 11 men killed on the Deepwater Horizon oil rig, told the Senate Judiciary Committee Tuesday that BP has made no effort to contact his family to extend their sympathies. (0:18)
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"Mr. Hayward, I Want My Brother's Life Back," Says Brother Of Oil Rig Victim

Chris Jones, brother of Gordon Jones, one of the 11 men killed on the Deepwater Horizon oil rig, gave an emotional response to BP CEO Tony Hayward's now infamous comment "I want my life back" during a hearing with the Senate Judiciary Committee Tuesday. (0:16).
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Response Team Unable To Determine Precise Amount Of Oil Leaked, Says Gibbs

White House Press Secretary, Robert Gibbs, said during a briefing at the White House Monday that detecting how much oil has been spilled in the Gulf is a complicated process. (0:28).
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Muslim Advocacy Official Calls On Egypt's President To Lift Gaza Blockade

During a news conference on Wednesday, Mahdi Bray, executive director of Muslim American Society Freedom, an entity of the Muslim American Society (MAS), says "the Egyptian masses want to keep the borders open." Bray's group held the press conference in response to Israel's attack on a humanitarian flotilla earlier in the week. (0:26)
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Flotilla Was Not Dangerous, Says Advocate

Ibrahim Ramey, Muslim American Society's Civil and Human Rights Director, said during a news conference Wednesday that the the humanitarian flotilla confronted by the Israeli military was not dangerous.

"They were simply coming to save lives," said Ramey. (0:26)
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Advocate Blames Israel, The United States And Egypt For Gaza Blockade

Mahdi Bray, the Executive Director of the advocacy organization Muslim American Society Freedom, stressed his belief Wednesday that the people of Gaza should not be subjected to "medieval" military tactics and places the blame on the three countries he believed has made the blockade possible: Israel, the U.S. and Egypt. (0:26).
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Flotilla Crew Offered Immediate Deportation, Says Netanyahu Spokesman

Mark Regev, a spokesman for Israel's Prime Minister Benjamin Netanyahu, said during a conference call with reporters Tuesday that the Israeli government offered the crew of the aid flotilla immediate deportation. (0:15).
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Gaza Blockade Is About Preventing The Introduction Of More Advanced Weaponry, Says Netanyahu Spokesperson

Mark Regev, a spokesmen for Israeli Prime Minister Benjamin Netanyahu, said during a conference call Tuesday that the Gaza blockade is about preventing the introduction of advanced weaponry from allies of Hamas. (0:22).
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Netanyahu Spokesman Claims Israeli Military Was Provoked

In regards to Monday's incident, in which at least nine people were killed and dozens wounded after Israeli military forces boarded a humanitarian flotilla, Mark Regev, a spokesperson for Israeli Prime Minister Benjamin Netanyahu, repeated claims that the soldiers were provoked.

“When there finally was the intervention on the high seas, they chose the path of violence. It wasn’t our side that initiated the violence, it clearly came from those on the boats,” Regev stated. (0:17)
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Naval Blockade On Gaza Is A Matter Of Life And Death, Says Netanyahu Spokesperson

"We cannot allow unfettered access to the Gaza Strip," Mark Regev, a spokesman for Israeli Prime Minister Benjamin Netanyahu told reporters Tuesday. Regev described the blockade as a matter of life and death for the country. (0:10).
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Israeli Confrontation With Flotilla Did Not Violate International Law, Says Netanyahu spokesman

Mark Regev, a spokesman for Israeli Prime Minister Benjamin Netanyahu, explains that Monday's confrontation between the Israeli military and a flotilla carrying aid to Gaza did not violate international law. (0:29)
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Republican Shays Says He Is Frustrated With DOJ

Commission on Wartime Contracting Minority Co-Chair Christopher Shays (R-Conn.) speaks during a hearing on Monday. (0:21)
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Awarding Contracts On Any Merit Other Than Qualifications A 'Recipe For Disaster,' Says Inspector General

Assistant Inspector General for Special Inspector General for Afghanistan Reconstruction (SIGAR) Raymond DiNunzio told the Commission on Wartime Contracting In Iraq and Afghanistan Monday that awarding contracts for another other reason besides than qualifications is a "recipe for disaster." (0:13)
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Increased Transparency Necessary To Prevent Contracting Fraud, Says Special Inspector General

General Ginger Cruz, the Special Inspector General for Iraq Reconstruction, told the Commission on Wartime Contracting In Iraq and Afghanistan Monday that additional transparency would help prevent fraud and abuse among contractors. (0:15)
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Republican Murkowski Encourages Feds To Learn From Recent Oil Spill

Sen. Lisa Murkowski (R-Alaska) says that like the Exxon Valdez oil spill that occurred off her state's coast in 1989, it is important for the federal government to learn from mistakes that helped cause the recent spill in the Gulf of Mexico. (0:20)
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There Will Always Be Risks Associated With Offshore Drilling, Says Senate GOP'er

Sen. Lisa Murkowski (R-Alaska) says the U.S. federal government should learn from past mistakes in order to drill safely for oil in the future. (0:17)
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Republican Tiahrt Cautions Against Bailing Out Greece

During a press conference on Wednesday, Rep. Todd Tiahrt (R-Kan) says it is not a good idea for the U.S. to get involved with helping bail out the debt-laden nation of Greece. (0:17)
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Bailouts Don't Work As A Policy, Says House Republican

"We can't even afford the bailouts in America," says Rep. Jeb Hensarling (R-Texas) during a press conference on Wednesday in response to the possibility that the U.S. might contribute funds towards helping bail out Greece. (0:12)
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