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Feb 23, 2011
02/11
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, each underfunded for similar reasons which is that it's easier to kind of promise more than you can actually willing to fund. it's easy to rely on accounting methods to hide the actual scope of the problem and the state and local pension systems they hid behind aggressive discount rates to make the light of these looks more the use the trust funding to make it look smaller. but the bottom analysis is that no matter where you go you're not doing anybody any favors by promising more in benefits in the system has resources to pay. that is equally true in social security as in the other systems. we have to be careful before we start talking about benefit increases that we only do this in the context that will action to balance the system's books. if we do it outside of that we are making empty promises and that isn't doing anybody any favors. >> i would like to jump in and say the groups that are proposing government increases are indeed proposing ways to pay for them. i did want to go back to the issue of the wealth and income would talk about how the income is very unequally distribut
, each underfunded for similar reasons which is that it's easier to kind of promise more than you can actually willing to fund. it's easy to rely on accounting methods to hide the actual scope of the problem and the state and local pension systems they hid behind aggressive discount rates to make the light of these looks more the use the trust funding to make it look smaller. but the bottom analysis is that no matter where you go you're not doing anybody any favors by promising more in benefits...
SFGTV2: San Francisco Government Television
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Feb 16, 2011
02/11
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we expect that underfunding to be $83 million. that is compared to the situation we would all expect to see or hope to see, fully funding statutory cola. when we are talking about the deficit factor, that really means the gap between, on every dollar, the gap between what we are actually funded and what we should be funded if the state had maintained funding for the cola each year. it is not a small number either in relative terms or absolute terms. it is a very significant number for us. on the next slide, we show how the state funding for k-12 has compared to the national average for the last four years. very time you see a bar above that flat line, that shows that the state would have been a little bit higher than the national average. every time you see a bar below, that shows the depth the wrong-- the cap igap in the wrong direcn between the state and the national average. right now, we are looking at a differential of $2,580 per student. that is the highest it has been at any time over the last 40 years. this really is the c
we expect that underfunding to be $83 million. that is compared to the situation we would all expect to see or hope to see, fully funding statutory cola. when we are talking about the deficit factor, that really means the gap between, on every dollar, the gap between what we are actually funded and what we should be funded if the state had maintained funding for the cola each year. it is not a small number either in relative terms or absolute terms. it is a very significant number for us. on...
SFGTV: San Francisco Government Television
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Feb 17, 2011
02/11
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it is using current positions that are underfunded and detailing them to the brick and mortar buildings that are the cjc located at 575 pulled street. supervisor kim: when we talk about to go to thecjc is it that they live in this area or are arrested and charged in the area? >> both. supervisor kim: so if you are arrested the, you have the option to go to the cjc. >> is not an option. if your crime happens in that jurisdiction, it is processed through the criminal court. but if you live in the community, the judges and other cases referred those individuals to us as well. supervisor kim: if it was a person that lives in the area but got arrested outside the area, it could be taken to cjc. >> we have done cases like that. supervisor kim: you serve approximately 500 people a month. over the two years, 42 clients have successfully completed their treatment and legal obligations? >> we do not actually serve 500 clients per month. supervisor kim: thecjc currently serves more than 500 people on a monthly basis -- that is what the grant says. >> that a static population of 500 and given time.
it is using current positions that are underfunded and detailing them to the brick and mortar buildings that are the cjc located at 575 pulled street. supervisor kim: when we talk about to go to thecjc is it that they live in this area or are arrested and charged in the area? >> both. supervisor kim: so if you are arrested the, you have the option to go to the cjc. >> is not an option. if your crime happens in that jurisdiction, it is processed through the criminal court. but if you...
SFGTV2: San Francisco Government Television
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Feb 24, 2011
02/11
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SFGTV2
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continuing to underfund indigent defense and continuing to tolerate excessive investigator caseloads and excessive attorney caseloads, if we continue to do that we substantially impair the ability to provide good reputation. >> thank you very much. wow. 53 cents to a dollar. [applause] that's why i'm always broke. all right. let's go to public defender kenneth. ken, tell us. you are in fresno. first of all, what is it like in fresno? [laughter] and tell us about this battle that you have been going through where, you know, it almost sounds like a horror movie where they are going after you with a buzz saw and at the same time, they have used contract attorneys to try to undercut the work that your office does. >> well, the problem in fresno, it is hot. trezz know is hot of course in the -- fresno is hot of course in summertime. it is hot all the time for me. i think the problem just mentioned right now is disparity in the funding theme as opposed to the ore parties involved in the criminal -- other parties involved in the criminal justice system. most of the funding agencies for us i
continuing to underfund indigent defense and continuing to tolerate excessive investigator caseloads and excessive attorney caseloads, if we continue to do that we substantially impair the ability to provide good reputation. >> thank you very much. wow. 53 cents to a dollar. [applause] that's why i'm always broke. all right. let's go to public defender kenneth. ken, tell us. you are in fresno. first of all, what is it like in fresno? [laughter] and tell us about this battle that you have...
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Feb 10, 2011
02/11
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was outgunned, underfunded, and needed help. and the effort of the majority now is to further underfund and gut that agency. it's particularly wrong-headed because the s.e.c. pays for itself. in fiscal year 2012, the s.e.c. will be budget neutral. why do this? why risk the faith of the investors that are at the very heart of our system. we hear a lot about uncertainty. there's so much uncertainty. imagine the uncertainty for american families and pension funds and savers and small businesses if they need to send that check without knowing that there's a cop on the beat. mr. speaker, we've seen this movie before. when the s.e.c. was established in the 1930's, the republicans at the time said this would be the end of capitalism, it would be the end of the free market, it would crush the u.s. economy. instead, putting in place a well-balanced and vigorous regulatory a rat us -- apparatus led to 60 years of the most aggressive and intense economic growth human history has ever seen because people had faith in the system. thank you,
was outgunned, underfunded, and needed help. and the effort of the majority now is to further underfund and gut that agency. it's particularly wrong-headed because the s.e.c. pays for itself. in fiscal year 2012, the s.e.c. will be budget neutral. why do this? why risk the faith of the investors that are at the very heart of our system. we hear a lot about uncertainty. there's so much uncertainty. imagine the uncertainty for american families and pension funds and savers and small businesses if...
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Feb 10, 2011
02/11
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even an appreciation in asset value will leave several state pension plans underfunded. the municipal bond market is responding to legitimate concerns about the long-term structural imbalances in these six to eight states. it would be correct to distinguish these bad apples from the other 47 states that have been well managed and only have temporary datasets. that is why a one size fits all approach could do more harm than good freed we have to avoid any rash actions that would introduce a new risk factors to the bond market. state and local governments need to continue building roads and bridges. we do not want to make the financing any more expensive than it already is. although there are national interest at stake, it is up to the state governments to reform themselves. they need to reform sooner or later. a default on payments would made it -- would make it hard for all states to borrow. mr. chairman, i do not want an lh -- problem or a new jersey problem to become a national problem. these states need to institute common-sense reforms. at the same time, the governme
even an appreciation in asset value will leave several state pension plans underfunded. the municipal bond market is responding to legitimate concerns about the long-term structural imbalances in these six to eight states. it would be correct to distinguish these bad apples from the other 47 states that have been well managed and only have temporary datasets. that is why a one size fits all approach could do more harm than good freed we have to avoid any rash actions that would introduce a new...
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Feb 22, 2011
02/11
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KGO
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. >> reporter: part of that problem, pension plans for america's public workers that are underfundedat least a trillion dollars. finance professor joshua rauh thinks the debt could be at least three times as much. >> the only people who can pay for this are current taxpayers, future taxpayers, public employees if their benefits are cut. >> reporter: that concerns bill lannoye, a state worker set to retire in december. the governor of this state and other states are saying these pension plans that they promised state workers like you are bankrupting. >> they say that, but they are the ones that gave them to us. >> reporter: a decade ago half of all states had fully funded pension systems. by 2008 there were only 4 with some states forced to borrow from pension plans to pay other bills. wisconsin's governor wants to control those costs, fixing the budget by breaking the union's power to negotiate over benefits. those unfunded pensions make up nearly a fifth of wisconsin's debt. adding to the frustration surrounding the issue, a new study that finds most workers in the private sector ha
. >> reporter: part of that problem, pension plans for america's public workers that are underfundedat least a trillion dollars. finance professor joshua rauh thinks the debt could be at least three times as much. >> the only people who can pay for this are current taxpayers, future taxpayers, public employees if their benefits are cut. >> reporter: that concerns bill lannoye, a state worker set to retire in december. the governor of this state and other states are saying...
SFGTV2: San Francisco Government Television
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Feb 4, 2011
02/11
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i mean, honestly, you know, recovery supports for young people is gravely understudied, underfunded, under supported across the board. so while there's a lot of hope out there and there's a lot of young people in recovery, they're not so easy to find. you know, the best supports out there are local, you know, mutual support groups that are focused to young people that are the easiest thing to access. so, you know, whether or not somebody wants to find a meeting in their local area, a lot of the 12-step groups will have, you know, a youth category, you know, that'll say that this meeting might be more focused to young people. monique, how do i get into if i'm in need of a recovery school? how do i approach the various schools? are they available to everyone all over the united states or is it only in certain pockets? unfortunately, there are recovery high schools in only eight states and collegiate recovery communities in nine states. so i think that speaks right there to how underserved adolescents and young adults are in the area of addiction. however, we are in eight states and we
i mean, honestly, you know, recovery supports for young people is gravely understudied, underfunded, under supported across the board. so while there's a lot of hope out there and there's a lot of young people in recovery, they're not so easy to find. you know, the best supports out there are local, you know, mutual support groups that are focused to young people that are the easiest thing to access. so, you know, whether or not somebody wants to find a meeting in their local area, a lot of the...
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they you know different advocates have different reasons one of them is the underfunding they are really trying to focus a lot of attention on that they came out with a press release and mayor bloomberg has you know made the rounds about the fact that only five percent five point three percent of the funding for this bill since this law since it's been passed and signed into law in two thousand and eight only five percent of the funding has been availed to the states to you know begin the process of helping them report these records so it's a very complicated process and it's a law as i mentioned in the piece it's a really a wall of bureaucracy and that's definitely one part of it well five percent is definitely. chump change that's nothing do you think that there is some kind of a political motivation i doubt that's something also that marilyn briggs office is trying to push is that perhaps congress is doing this on purpose you know that they say they offer the funding but at the same time they don't want laws like this to take place so they'll just keep postponing it and not really gov
they you know different advocates have different reasons one of them is the underfunding they are really trying to focus a lot of attention on that they came out with a press release and mayor bloomberg has you know made the rounds about the fact that only five percent five point three percent of the funding for this bill since this law since it's been passed and signed into law in two thousand and eight only five percent of the funding has been availed to the states to you know begin the...
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Feb 10, 2011
02/11
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eye 108
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even an appreciation in asset value will leave several state pension plans underfunded. the municipal bond market is responding to legitimate concerns about the long-term structural imbalances in these six to eight states. it would be correct to distinguish these bad apples from the other 47 states that -- from the other 40-something states that have been well managed and only have temporary datasets. that is why a one size fits all approach could do more harm than good freed we have to avoid any -- would do more harm than good. we have to avoid any rash actions that would introduce a new risk factors to the bond market. state and local governments need to continue building roads and bridges. we do not want to make the financing any more expensive than it already is. although there are national interest at stake, it is up to the state governments to reform themselves. they need to reform sooner or later. a default on payments would make it hard for all states to borrow. taxpayers would bear the brunt of these talks -- cost either by tax increases or reduced public servic
even an appreciation in asset value will leave several state pension plans underfunded. the municipal bond market is responding to legitimate concerns about the long-term structural imbalances in these six to eight states. it would be correct to distinguish these bad apples from the other 47 states that -- from the other 40-something states that have been well managed and only have temporary datasets. that is why a one size fits all approach could do more harm than good freed we have to avoid...
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but such practices remain inconsistent and underfunded at the youth and high school levels of the sportfact not lost on troy aikman, the former cowboys' quarterback, whose career was cut short by concussions, who surprised many, when he said the following, during a recent radio interview. >> you know, if i had a 10-year-old boy, i don't think i'd be encouraging him to go out and play football. and so, i wonder where football will be 20 years from now, in light of some of our youth that may not get involved with the sport because of that injury. >> reporter: ted and tammy plevertes agree. >> i just couldn't or did not ever think, to be honest with you, that this would ever happen from football. >> reporter: on november 5th, 2005, their son preston, a then-19-year-old, 6'2", 230-pound linebacker at lasalle university, was dropped by a thunderous collision, during a game at duquesne. he never got up. preston plevertes was cleared to play while still suffering the effects of a previous concussion. returning just five days before the hit that would change his life. >> i couldn't believe it.
but such practices remain inconsistent and underfunded at the youth and high school levels of the sportfact not lost on troy aikman, the former cowboys' quarterback, whose career was cut short by concussions, who surprised many, when he said the following, during a recent radio interview. >> you know, if i had a 10-year-old boy, i don't think i'd be encouraging him to go out and play football. and so, i wonder where football will be 20 years from now, in light of some of our youth that...
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137
Feb 12, 2011
02/11
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CSPAN2
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eye 137
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corporates rising health costs, underfunded pension plans and poor financial management and some of these pension plans took a particularly bad right now because of the collapse in the value of the pension assets. but even an appreciation of asset value will leave several pension plans under funded. the municipal bond market is now responding to a legitimate concern about the long-term structural imbalances in the 68 states. but i believe we would be correct to distinguish these bad cementing from the other 40 some states that have been relatively well managed and only have tendering deficits. that is why a one-size-fits-all approach like bankruptcy for states could do more harm than good. what we have to avoid is any rash action that would contribute new risk factors to the bond market. state and local governments across the country need to continue building roads and bridges and we don't want to make the financing any more expensive than it already is, so we need to be crystal clear that although there are natural to become national interests at stake it must be in the state government
corporates rising health costs, underfunded pension plans and poor financial management and some of these pension plans took a particularly bad right now because of the collapse in the value of the pension assets. but even an appreciation of asset value will leave several pension plans under funded. the municipal bond market is now responding to a legitimate concern about the long-term structural imbalances in the 68 states. but i believe we would be correct to distinguish these bad cementing...
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Feb 20, 2011
02/11
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CSPAN2
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eye 186
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on interest on the national debt by 2020, but also unfortunately, the entitlement programs are underfunded by like $111 trillion, and there is no combination of taxes or borrowing for printing the money that can possibly solve this so we have to start acting like adults and fix it. >> where did you come up with the title? >> the was the publishers idea. it's very much in the old cold war days. ebit we have to roll back not just with the government has done that the expectations because unfortunately, the resources won't be there. the government is going to renege on a lot of the promises it made to people and we'd better prepare ourselves for that so that it doesn't hit in the seventh calamity. >> do you propose solutions? >> i do toward the end and no good author gives them all away. but in deed there are some things we can do to ease the burden of the system. for the simple, you turn 65, the government says to you you can either get all the benefits you are entitled to under these programs, or you can foreswear them and the rest of your left or totally exempt from income and the state ta
on interest on the national debt by 2020, but also unfortunately, the entitlement programs are underfunded by like $111 trillion, and there is no combination of taxes or borrowing for printing the money that can possibly solve this so we have to start acting like adults and fix it. >> where did you come up with the title? >> the was the publishers idea. it's very much in the old cold war days. ebit we have to roll back not just with the government has done that the expectations...
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Feb 26, 2011
02/11
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CSPAN2
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now, innovation gets underfunded. you can't capture the benefits of innovation, and so it's very interesting. as people get together to talk about these challenges, the amount they talk about the population reduction issues and the amount they talk about facilitating innovation is very low, and yet those are the two dominant factors that determine do we get to this thing in time? take innovation in foods, foods for the poorest, it's one of the most underfunded things. green revolution was funded by a few foundations and world banks. there's a chance for a green revolution two that can double productivity per acre. that's another one of the things where you don't use land you shouldn't use, help the local farmers, improve nutrition, so dramatic changes in innovation. i think we can be optimistic about innovation because if you had this panel in 1800 saying, you know, people are living 32 years on average, let's sustain that. if you had this panel in 1970 when people thought the population growth was out of control. why
now, innovation gets underfunded. you can't capture the benefits of innovation, and so it's very interesting. as people get together to talk about these challenges, the amount they talk about the population reduction issues and the amount they talk about facilitating innovation is very low, and yet those are the two dominant factors that determine do we get to this thing in time? take innovation in foods, foods for the poorest, it's one of the most underfunded things. green revolution was...
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Feb 9, 2011
02/11
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even an appreciation in value leaves several state plans underfunded. the municipal bond market has now responded to legitimate concerns about the long term structural imbalances in the states. i believe we would be correct to distinguish the bad app the from the other 40 some states that are well managed and only have temporary deficits. that's why a one size fits all approach for states could do more harm than good. state and local governments across the country need to continue building roads and bridges, and we deponent want to make -- don't want to make the finances more expensive than it is. our national interest at stake, the almosts must be beyond the state governments to reform themselves and reform sooner than later. a default on payments would make it expensive for all states to borrow. they bear the brunt of the costs through higher taxes or public services or charity. i don't want an illinois problem or a new jersey problem to become a national problem. they have to have common sense reforms to shore up finances. the mission matters and suc
even an appreciation in value leaves several state plans underfunded. the municipal bond market has now responded to legitimate concerns about the long term structural imbalances in the states. i believe we would be correct to distinguish the bad app the from the other 40 some states that are well managed and only have temporary deficits. that's why a one size fits all approach for states could do more harm than good. state and local governments across the country need to continue building...
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609
Feb 20, 2011
02/11
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KPIX
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they would all like nothing better than to dump their staggeringly underfunded pension plans. >> acrossted states there is a difference of $3 trillion between the amount of money that we have promised public employees and the amount that has been set aside. >> reporter: joshua row teaches finance at northwestern university's kellogg school of management. he's tracked the pension crisis. >> politicians are often trying to make it look like we can have our cake and eat it too. that's created a situation where we've pushed the problem down the road. now we or our kids are going to have to pay for it. >> reporter: prichard has reached the end of that road. during the 1960s and '70s it was thriving. the fastest-growing city in alabama. its population 45,000 at its peak. and then businesses began to leave. and hard times set in for good. in 1999 its finances in shambles the city declared bankruptcy. the pension fund was in trouble then. the city ignored a federal court order to replenish it. >> we saw a letter that was dated 2008. it was sent to members of the city council and the mayor. sayi
they would all like nothing better than to dump their staggeringly underfunded pension plans. >> acrossted states there is a difference of $3 trillion between the amount of money that we have promised public employees and the amount that has been set aside. >> reporter: joshua row teaches finance at northwestern university's kellogg school of management. he's tracked the pension crisis. >> politicians are often trying to make it look like we can have our cake and eat it too....
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Feb 26, 2011
02/11
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eye 123
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now, innovation gets underfunded. you can't capture the benefits of innovation, and so it's interesting as people get together to talk about these challenges, the amount they talk about the population reduction issues and the amount they talk about facilitating innovation is low. those are the two dominant factors determining do we need to get to this thing in time. take innovation and food, food for the poorest, it's one of the most underfunded things. green was funded by world banks and a green revolution two has a chance that can double productivity per acre. that's another one of these things where you don't put using land you don't use, help the local farmers, improve nutrition so pretty dramatic improvement to innovation. i think we can be optimistic because if you had this panel say in 1800, you know, and said, let's, you know, people are living 32 years on average, let's sustain 24. if you this this panel in 1970 when the people thought the population growth was out of control. why is it we're looking at today
now, innovation gets underfunded. you can't capture the benefits of innovation, and so it's interesting as people get together to talk about these challenges, the amount they talk about the population reduction issues and the amount they talk about facilitating innovation is low. those are the two dominant factors determining do we need to get to this thing in time. take innovation and food, food for the poorest, it's one of the most underfunded things. green was funded by world banks and a...
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Feb 16, 2011
02/11
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eye 120
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legal service is woefully underfunded. if you look at the funding they've gotten the last 30 years and pro rated it, they've been behind in funds a long time and we tried to make it up in the past years. the funding has turned around -- right now they turn away half of all eligible clients who seek assistance. slashing the funds would make it worse. the fact is in these dire economic times, some of the worst we've seen, though they're getting better, more and more people need legal services. the housing crisis is not over with. and one of the major areas they work with is people who are having problems with foreclosures because of unscrupulous loans that they've been given and there will be more and more people losing their homes or potentially losing their homes needing legal services. and if they don't have legal representation and they lose those homes, neighborhoods are hurt, individuals are hurt, and that's a major cost on the economy. the executive director of the memphis legal services, harrison mciver set the cuts
legal service is woefully underfunded. if you look at the funding they've gotten the last 30 years and pro rated it, they've been behind in funds a long time and we tried to make it up in the past years. the funding has turned around -- right now they turn away half of all eligible clients who seek assistance. slashing the funds would make it worse. the fact is in these dire economic times, some of the worst we've seen, though they're getting better, more and more people need legal services....
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Feb 23, 2011
02/11
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CSPAN2
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eye 115
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, each underfunded for similar reasons which is that it's easier to kind of promise more than you can actually willing to fund. it's easy to rely on accounting methods to hide the actual scope of the problem and the state and local pension systems they hid behind aggressive discount rates to make the light of these looks more the use the trust funding to make it look smaller. but the bottom analysis is that no matter where you go you're not doing anybody any favors by promising more in benefits in the system has resources to pay. that is equally true in social security as in the other systems. we have to be careful before we start talking about benefit increases that we only do this in the context that will action to balance the system's books. if we do it outside of that we are making empty promises and that isn't doing anybody any favors. >> i would like to jump in and say the groups that are proposing government increases are indeed proposing ways to pay for them. i did want to go back to the issue of the wealth and income would talk about how the income is very unequally distribut
, each underfunded for similar reasons which is that it's easier to kind of promise more than you can actually willing to fund. it's easy to rely on accounting methods to hide the actual scope of the problem and the state and local pension systems they hid behind aggressive discount rates to make the light of these looks more the use the trust funding to make it look smaller. but the bottom analysis is that no matter where you go you're not doing anybody any favors by promising more in benefits...
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Feb 22, 2011
02/11
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KGO
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eye 338
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. >> reporter: part of that problem, pension plans for america's public workers that are underfundedast a trillion dollars. finance professor joshua rauh thinks the debt could be at least three times as much. >> the only people who can pay for this are current taxpayers, future taxpayers, public employees if their benefits are cut. >> reporter: that concerns bill lannoye, a state worker set to retire in december. the governor of this state and other states are saying these pension plans that they promised state workers like you are bankrupting. >> they say that, but they are the ones that gave them to us. >> reporter: a decade ago half of all states had fully funded pension systems. by 2008 there were only 4 with some states forced to borrow from pension plans to pay other bills. wisconsin's governor wants to control those costs, fixing the budget by breaking the unions' power to negotiate over benefits. those unfunded pensions make up nearly a fifth of wisconsin's debt. adding to the frustration surrounding the issue, a new study that finds most workers in the private sector have it
. >> reporter: part of that problem, pension plans for america's public workers that are underfundedast a trillion dollars. finance professor joshua rauh thinks the debt could be at least three times as much. >> the only people who can pay for this are current taxpayers, future taxpayers, public employees if their benefits are cut. >> reporter: that concerns bill lannoye, a state worker set to retire in december. the governor of this state and other states are saying these...
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Feb 19, 2011
02/11
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as a result, the amendment vastly underfunds d.o.d.'s requirements for fiscal year 2011 and preclude effective conduct of operations and put deployed troops at risk sm the amendment would harm job growth. for example in the transportation, housing and urban development subcommittee, the latourette amendment would cut nearly 30% or $20 billion in program and activities under the committee's jurisdiction. this would lead to a part-time air traffic control system by cutting $2.8 billion from f.a.a., cause severe reductions in amtrak and this amendment would provide fewer resources for transportation safety overnight. the amendment leads to the loss of 650,000 vouchers for low-income families and cuts $ 500 million. and would threaten the ongoing recovery of the housing market by grossly underfunding of the federal housing administration. the amendment would affect our domestic security by requiring the department of homeland security to lay off crucial staff we have hired over the past two years which are border patrol agents, i.c.e. inves
as a result, the amendment vastly underfunds d.o.d.'s requirements for fiscal year 2011 and preclude effective conduct of operations and put deployed troops at risk sm the amendment would harm job growth. for example in the transportation, housing and urban development subcommittee, the latourette amendment would cut nearly 30% or $20 billion in program and activities under the committee's jurisdiction. this would lead to a part-time air traffic control system by cutting $2.8 billion from...
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961
Feb 15, 2011
02/11
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KGO
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some things underfunded.ke adjustments, so we have a sustainable budget that work force us over the long term. by the way, there just aren't some things that are working at all. so we eliminated a couple hundred programs, we're console dated, 33 programs. there's waste and inefficiency that's long overdue. we identify a number of these programs that just don't work. take that money out of those programs that don't work and put that money in programs that do. so -- >> reporter: mr. president, they are community organized -- >> i definitely feel folks' pain. somebody is doing a book about the ten letters i get every day. they came by to talk to me yesterday. and they said, you know, what's the overwhelming impression that you get when you read these ten letters a day, and what i told them is, i'm so inspired by the strength and resilience much the american people, but sometimes, i'm also just frustrated by the number of people out there who are struggling, and, you know, you want to help every single one indivi
some things underfunded.ke adjustments, so we have a sustainable budget that work force us over the long term. by the way, there just aren't some things that are working at all. so we eliminated a couple hundred programs, we're console dated, 33 programs. there's waste and inefficiency that's long overdue. we identify a number of these programs that just don't work. take that money out of those programs that don't work and put that money in programs that do. so -- >> reporter: mr....
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Feb 15, 2011
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things that aren't working that we're paying a lot of money for, there are some things that are underfundednable budget that works for us over the long term and, by the way, there are just some things that aren't working at all so we have eliminated a couple of hundred programs in this budget. on the education front, we're consolidating from 33 programs to 11 programs. there is waste in efficiency there that, you know, is long overdue. and we identify a number of these programs that just don't work. let's take that money out of those programs that don't work and put money -- that money in programs that do. [ inaudible question ] >> present feeling -- especially as you were community organizer. >> look. i definitely feel folks' pain. you know? somebody is doing a book about the ten letters that i get every day and they came by to talk to me yesterday. and they said, you know, what is the overwhelming impression that you get when you read these ten letters a day? and what i told them is i'm so inspired by the strength and resilience of the american people. but sometimes i'm also just frustrat
things that aren't working that we're paying a lot of money for, there are some things that are underfundednable budget that works for us over the long term and, by the way, there are just some things that aren't working at all so we have eliminated a couple of hundred programs in this budget. on the education front, we're consolidating from 33 programs to 11 programs. there is waste in efficiency there that, you know, is long overdue. and we identify a number of these programs that just don't...
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Feb 17, 2011
02/11
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we have to have confidence, we have to have certainty in the financial markets and to underfund and take away the police that are trying to deal with these unbelievably complicated types of financial transactions is wrong for middle america. middle america got hit hard, it's just getting back on its feet and my friends on the republican side of the aisle who just want to pull that rug right out from underneath them again and let the bums start pill anding wall street again -- pillaging wall street again. no. i look to my friend from missouri because i was listening to her, two of the biggest ponzi schemes ever in the history of the united states, $65 billion with mr. madoff and i can't remember how much mr. stanford was or the stanford investments, but billions of dollars, millions of transactions, we had testimony in our committee that the s.e.c., during the period from about 2001 to 2007, was notified 21 times during that period about mr. madoff and they did nothing. so now we finally have certainty back in the marketplace -- >> will the gentleman yield? mr. perlmutter: just one secret
we have to have confidence, we have to have certainty in the financial markets and to underfund and take away the police that are trying to deal with these unbelievably complicated types of financial transactions is wrong for middle america. middle america got hit hard, it's just getting back on its feet and my friends on the republican side of the aisle who just want to pull that rug right out from underneath them again and let the bums start pill anding wall street again -- pillaging wall...
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Feb 15, 2011
02/11
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we are not underfunding alternative energy research. just this week, the rand corporation came out with a study talking about alternative energy research in the defense budget and they concluded it was not helping our soldiers, our sailors, our airmen and fighters. i would urge support of this amendment, reducing by $115 million the deficit that our nation faces. i yealed back. the chair: for what purpose does the gentleman from new jersey rise? >> i rise to claim time in opposition and strike the reck sith number of words. the chair: the gentleman is recognized. >> i rise in opposition to this amendment. the defense subcommittee has spent much time looking into the effects of the services, all the services, to reduce their dependence on fossil fuel. the department of defense which consumes 93% of all the fuel consumed by the u.s. government has made significant strides in reducing its consumption. mr. frelinghuysen: but the associated logistics of moving fuel from vehicle to aircraft and forward operating bases remain costly. it's also
we are not underfunding alternative energy research. just this week, the rand corporation came out with a study talking about alternative energy research in the defense budget and they concluded it was not helping our soldiers, our sailors, our airmen and fighters. i would urge support of this amendment, reducing by $115 million the deficit that our nation faces. i yealed back. the chair: for what purpose does the gentleman from new jersey rise? >> i rise to claim time in opposition and...
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Feb 16, 2011
02/11
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things that aren't working that we were paying a lot of money for, there are some things that are underfunded. we are trying to make adjustments so that we've got a sustainable budget that works for us over the long term. and by the way, there are just some things that are not working and all we have eliminated a couple hundred programs in this budget. on the education front, we are consolidating from 33 programs grabriel giffords programs. there is waste and inefficiency that is long overdue, and we identify a number of these programs that just don't work. let's take that money out of those programs that don't work, and put in money -- but money in programs that do. >> is the president filling our pain, especially as you were a community organizer -- >> i definitely feel folks pain. somebody is doing a book about the ten letters that i get every day, and they came by to talk to me yesterday. and they said what's the overwhelming impression you get when you read these ten letters a day, and what i told them is i'm so inspired by the strength and resilience of the american people, but sometime
things that aren't working that we were paying a lot of money for, there are some things that are underfunded. we are trying to make adjustments so that we've got a sustainable budget that works for us over the long term. and by the way, there are just some things that are not working and all we have eliminated a couple hundred programs in this budget. on the education front, we are consolidating from 33 programs grabriel giffords programs. there is waste and inefficiency that is long overdue,...
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Feb 1, 2011
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the underfunded pension funds are growing rapidly without washington giving an honest assessment of thenfunded liabilities. washington gives an implicit guarantee to pension funds that are going on around the country. that really could be reduced out of washington as a way to get the state and local governments to be more fiscally responsible. host: north carolina, independent. caller: i have notice republicans and democrats, you guys always complained. democrats bashed republicans. dimensions -- -- you mentioned -- if i cut my spending, if i don't invest in my education and my kids' education, how my supposed to grow? you talked about that there were refusing to spend because they did not know what washington was doing. get back down to the part about during the reagan era. i was in high school. unemployment was out through the roof. reagan came in with his big reaganomics. 35 years later, we have not yet seen they abolished reaganomics. i have one more last point. you made a point about unemployment being extended. host: he left a lot out there for you. guest: to point he is making is
the underfunded pension funds are growing rapidly without washington giving an honest assessment of thenfunded liabilities. washington gives an implicit guarantee to pension funds that are going on around the country. that really could be reduced out of washington as a way to get the state and local governments to be more fiscally responsible. host: north carolina, independent. caller: i have notice republicans and democrats, you guys always complained. democrats bashed republicans. dimensions...
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Feb 17, 2011
02/11
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funding programs and all the housing and urban development programs which are in this title are underfunded. so it's almost impossible to say let's restore these transportation funds but eliminate other transportation or housing funds. in fact, this c.r. is such an irresponsible and reckless document that it is almost not worth trying to fix it. the republicans have seized on this idea to cut $100 billion from the current budget, pulling that figure arbitrarily out of thin air and without any regard to what it could mean to our economy or the services our budget presents. it is a dangerous overreach and would be devastating for middle and working class americans, would destroy hundreds of thousands of jobs without replacing them and would threaten the national security. the transportation cuts are a small part of these irresponsible cuts. this amendment is a small part of opposing this dangerous continuing resolution. and i anticipate, unfortunately, my amendment is going to be ruled out of order. i hope that's not the case, in a rational house it would not be the case but i urge my colleag
funding programs and all the housing and urban development programs which are in this title are underfunded. so it's almost impossible to say let's restore these transportation funds but eliminate other transportation or housing funds. in fact, this c.r. is such an irresponsible and reckless document that it is almost not worth trying to fix it. the republicans have seized on this idea to cut $100 billion from the current budget, pulling that figure arbitrarily out of thin air and without any...
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Feb 16, 2011
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underfund an agency, then complain about its ineffectiveness and then call for further cuts because the program didn't have the funds to work in the first place. e.p.a. is working hard to protect us from pollution in a responsible way that spurs the economy. this c.r. prohibits any funding to carry out its pollution safeguards. the rules are targeting largest power plants and prevent from polluting our air. it spurs economic growth. the recent study found that 5.1 million could be created by letting the e.p.a. ensure that power companies move toward cleaner power plants. 1.5 million jobs cut by this c.r. this provision only harms an industry by giving increased uncertainty and not allowing them to plan for the future and might lock up permits. we don't need sound bites. we need sound policy. the clean air act guards the most vulnerable americans those with asthma, lung disease, people with heart disease and diabetes from the real danger of airborne pollutants including threats from mercury, carbon dioxide and methane. the act prevents thousands of ill-health effects preventing asthma at
underfund an agency, then complain about its ineffectiveness and then call for further cuts because the program didn't have the funds to work in the first place. e.p.a. is working hard to protect us from pollution in a responsible way that spurs the economy. this c.r. prohibits any funding to carry out its pollution safeguards. the rules are targeting largest power plants and prevent from polluting our air. it spurs economic growth. the recent study found that 5.1 million could be created by...
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Feb 22, 2011
02/11
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each is about one-fifth to one-quarter underfunded, they're each underfunded for very similar reasonswhich is that it's easier to kind of promise more than you actually are willing to fund. it's easy to kind of of rely on accounting methods, sort of hide the scope of the actual problem. in the state and local pension systems, they hid behind aggressive rates, in social security we use accounting to make the problems look smaller. the bottom analysis is no matter where you go, you're not doing anybody any favors by promising more in benefits than the system has resources to pay. and that's equally true in social security as it is in these other systems. and we have to be really, really careful before we start talking about benefit increases that we only do this in the context of actual action to balance the system's books. if we do it outside of that, we're simply making empty promises, and that's not doing anybody any favors. >> well, i would just like to jump in and say that the groups that are proposing benefit increases are, indeed, proposing ways to pay for them. but i did want to
each is about one-fifth to one-quarter underfunded, they're each underfunded for very similar reasonswhich is that it's easier to kind of promise more than you actually are willing to fund. it's easy to kind of of rely on accounting methods, sort of hide the scope of the actual problem. in the state and local pension systems, they hid behind aggressive rates, in social security we use accounting to make the problems look smaller. the bottom analysis is no matter where you go, you're not doing...
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Feb 19, 2011
02/11
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it is underfunded. that has got to stop. the president does not seem to realize that.t: one more piece of tape to show you. a republican from new jersey on health care. >> this is the first time in the history of the country that the price of freedom, that the price of being an american is that you have to buy a particular product from some unknown, faceless bureaucrat here in washington are games that you have to buy. liberty is being taken away from us. the strong hand of big brother is reaching out and telling us, you have to do this and that as the price of liberty and freedom. yes, yes, we will legislate. yes we will address health care. host: independent line next. north carolina. caller: thank you very much. i am optimistic about the congress and the budget. but a lot of these programs are like weeds. you need to rip them up by the roots or they would just grow back again. i guess i'm disappointed that they are not considering eliminating entire programs and departments. for example, the department of education we have had for 30 years. public education has just
it is underfunded. that has got to stop. the president does not seem to realize that.t: one more piece of tape to show you. a republican from new jersey on health care. >> this is the first time in the history of the country that the price of freedom, that the price of being an american is that you have to buy a particular product from some unknown, faceless bureaucrat here in washington are games that you have to buy. liberty is being taken away from us. the strong hand of big brother is...
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Feb 8, 2011
02/11
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but with sophisticated, underfunding of banks, bonding, with the public-private partnerships, we really have a running start on it. this is about our patriotism, about how we decide for the future. there isn't one partisan aspect of this. it's supported with a chamber of commerce and our friends in labor. it's what people want, jobs and a better future. it recognizes that if we're going to do this in the best possible way we have to educate our people. so we have the skills and the talent, and we have to prevail. and all these jobs, whether it's water systems or bridges or highways or mass transit or whatever it is to protect our environment, our made in america. so it's in keeping with our thing up naked in america. it's in keeping with our standard of does it strengthen the middle class. doesn't reduce the deficit. so hopefully this will not have any bipartisanship to a. it's a question of how we get from here today. but i think in order to prevail on some of the finer points we're going to have to talk about it in a big way. and we look forward to continuing that conversation to can
but with sophisticated, underfunding of banks, bonding, with the public-private partnerships, we really have a running start on it. this is about our patriotism, about how we decide for the future. there isn't one partisan aspect of this. it's supported with a chamber of commerce and our friends in labor. it's what people want, jobs and a better future. it recognizes that if we're going to do this in the best possible way we have to educate our people. so we have the skills and the talent, and...