the system was launched and is available as a portal for youth, employers and our cbo partners. we've also through the united way created a new tracking system which is where a young person can come on and find out about available opportunities and create a profile and apply to the opportunities directly. one of the things that the system allows us to do is actually track where a young person is in that process so find out what opportunities they've applied for and whether they're been offered employment and collect information throughout the program to get information back to any referring based information and help us collect data for those who are being served through the program. the other new initiative that was launched this was through united way with the support of the office of economic and work force development are our doorways, there's six based organizations that service neighborhood points for young people. there's opportunities for young people to come in and find out about what is available to them, go through an initial work readiness screening and then get the

so i appreciate that all the work that our cbo's do and have done around this. so this is not a but, but an and. so i see this as where we are. it's growth. it's the expansion of this work so that our cbo's and all of our grass roots organizations don't have to work as hard to convince people that this is an investment that needs to be made. so i am very much on the side of going out broadly so that when we do go to the ballot, you know, we've all set through many a campaign rocking ourselves in the corner hoping we are going to get the 66 percent or 67 percent that we need in order to get parcel taxes and what have you. i feel really confident that the approach that we're taking is so much more thoughtful around all the things that we want to do for children across the city and how we can leverage everything that we've already put into it and how we can grow this and so i think, you know, we're going to need our, all of our organizations and all of our parents and all of our neighborhood associations and we certainly want to get business to think about this ver

the input that came from san francisco communities, cbo's, i think really had a really good design. there were some probably little flaws here and there but actually it's a model that's i think really worked. now we're combining with p, i still think that that community stake holder community should really derive what this looks like and it really shouldn't be about, you know, who in city hall thinks this should be a certain image or whatever. it really has to be that kind of measure and that's going to be important for sharing that. for me, my druthers, if we're going to have one measure it's going to be the size or more as the children's fund, the same size or more as peace to get that amount together. i'm not sure they should be together at all. that means we have to have a high threshold to peace and we have to have a lot of community buy-in to do that. i think that buy-in coming from all across san francisco signing off as we did for the children's fund in 2000 would be really effective to be sure that it's strong and we can pass. >> first of all i'd say that we're looking at t

deficits in cbo's baseline projections continue to shrink falling to 2.1% of gdp by 2015. in english, the deficit is shrinking at a near record breaking rate. now, you would think once it came to light that the deficit is shrinking at such a rapid rate that we hit the vaunted goals even set out by our wise masters, simpson and bowles, that people in washington who have endlessly obsessed over the deficit since the take party would take notice. >> the president and his leaders in the senate are refusing to address this debt crisis. >> we had action to reduce these deficits. >> spend something out of control. >> tremendous deficits. >> debts out of control. >> does not start paying down our deficit. it is kicking the can down the road and frankly, we are out of road. >> you would think that those people would all be pushing to take credit for our incredible deficit reduction celebrating that there would be press conferences. but no, there was nothing. what makes that nothing this week so very ironic is that not only did republicans essentially ignore the cbo report but they

the bad news in the cbo report if you look at those spending programs, cbo looked at them and didn'ty god they didn't get a lot cheaper. they're about the same they were two months ago. we didn't see the improvement in the core problem and the problem is so big we'll never grow out of it. melissa: let me ask the two of you, does the growth in numbers change the conversation at all? christian, what do you think?. >> does it change the conversation in washington? no. melissa: you change the conversation, see how better we did this year, we should raise taxes even more? >> oh god, no. >> it will not change any position or any poll either negotiating group is taking in washington. it changes the talking points a little bit. what is really clear about the long-term problem, douglas points out the macro numbers issues but you have to look at the reasons behind that. we have an aging population and a lot of our spending is going to be consumed with health care costs. those are really the issues that need to be addressed and that's really i think become much clearer now that the baseline has

we don't have to cut. >> cbo says problem solved.me blogger on "the washington post" said today believe the cbo forecast i have some swampland in florida. they suggest 40 years no recession or no economic dislocation we will create seven times more jobs in the next decade than we did over the next decade with wage and salary growth two times what has been. >> that $642 billion it is a lot less than it was in well under $1 trillion and we can remember a time when deficits were approaching $100 billion now we celebrate 642 billion but whatever that is. >> of course, $50 billion is a pavement a tax gimmick from fannie mae. where do they get the 60 million? they borrow it. neil: a lot of it is a tax increase. that part is there temporarily because with the fiscal cliff came at the end of the year there was a huge pre-emptive realization and bonuses were paid and 100 billion as one time revenue. neil: so you say with a focus on the latest scandal and there are a lot of them we will be distracted. >> we almost have the imperfect storm with

the cbo has not scored this yet. ensuring that limited sound dollars are preserved for those who are truly in need. -- so madameare, chair, i want to reiterate what i said earlier -- changing this requirement does not affect eligibility of teenagers, the disabled, or families to receive snap benefits for an extended period of time. it also has waivers that are available to individuals living in areas with on implement above 10%. or other areas that are identified by the bureau of labor statistics to have insufficient jobs. what it does is for this category of people who receive snap benefits, anchorage's them to get back into the workforce, tubers is late and job training, or even volunteer. -- encourages them to get back start joborkforce, training or even volunteer. snapis a 10-year number, is a $760 billion program. much of that is attributable to the increase -- or the increase can be attributable to the struggling economy. however, since early 20 10, the unemployment rate has been steadily dropping from a high o

the cbo expects a deficit for the 2013 fiscal year. it's more than $200 billion lower than the previous estimate just three months ago. the adjustment reflects new revenue, thanks from changes in tax laws and increase in payments from fannie mae and freddie mac. the cbo's current projection would mark the lowest deficit yet under president obama. >>> another u.s. service member assigned to a military sexual assault program under investigation for sexual misconduct. the pentagon says a u.s. army sergeant could face charges for solicitation abusive sexual contact, assault and treatment of subordinate. the soldier allegedly forced one subordinate soldier into prostitution and physically assaulted two others. the report comes a week after an air force lieutenant colonel working in the sexual assault prevention office was arrested and accused of sexual battery. >>> a day after being convicted for some of the worst crimes you can imagine, dr. kermit gosnell has avoided life in prison. he was found guilty of the deaths of three babies at his

of california, san francisco and a transportation working group comprised of representatives of 18 cbos and community leaders, we have conducted a needs assessment of cbos' program access needs and a review of their transportation operations and resources. the working group considered alternative ways to deliver needed transportation services and worked with the study team to create a business plan to pilot a vehicle-sharing program. this memorandum details the final business plan and provides an overview of the pilot project. we are seeking a recommendation to approve the bayview hunters point mobility study final report >> item no. 6. sf 63 >> this is an action item. >> thank you. >> good morning, senior transportation planner. i will keep this brief. i know we briefed you on this a couple months ago. he's now moved onto a different agency. this item begins on page 23 on your packet. so, just for the study background, the main thing here is there has been a lot of planning including that recommended creating a business plan and also non-planas transportation issues. there are some oth

. >> and i'm -- >> really, oh, you're at cbo? so you're a budget lifer is what you are. >> yeah. >> okay. well, good for you. >> the author of the economist mom blog that you may have -- >> i put you up there a couple times on my blog. >> oh, you did? many well, i'll look for it and get it up on my list. >> okay. >> it's sort of static now -- >> you don't have a -- oh, is that right? >> yeah. >> and you, you're not in the budget business? >> oh, no. brookings. >> oh, you are? what is your field? >> [inaudible] >> oh, really. okay. so this is like a family affair. >> yes, yes. >> i've done a lot of work with alan auerbach. >> i'm really on the warpath because i think they use a model which is obsolete. it's kind of a keynesian full employment where below it we assume the economy springs back in four years, that's what cbo is now 14-17. we get to full employment, and we stay on the path of potential gdp forever. now, it hasn't happened in the last 15 years. >> right. >> why are we using models that way overproject the economy and r

and i would really love to see allow cbos to be able to make long-term planning. every year we almost have to learn year after year after year, we want long-term, three, five, seven years training become possible. and also we would love to see the consolidation of resources he. we have, many, many resources. if we can consolidate all the resources, that would be much easier for the cbo's. thank you again for supporting early childhood education. thank you. >> thank you, mr. yang. (applause) >> we also have eddie chang from the community youth center, formerly chinatown youth center. >> thank you, supervisor mar. first of all, i want to thank all the department heads and the mayor and the supervisors and all the residents who are coming out for this town hall. this is very important for us to have a voice, have input. we don't, and we do a disservice for the people that we service. so, for me i'm a project manager. my name is eddie chang, cyc community center. it is important to focus on city of san francisco immigrant youth for the last 33 years in the city of san

>> that is the cbo score. >> wires that $2 billion coming from? or is it going now that it will no longer be going? >> it's against states getting funny today for education purposes. >> zero, and education programs? spin that could come out of administrative programs that are not benefits to beneficiaries. that's correct. >> i would urge a no vote because it does in fact take $2 billion of it from the port and education efforts related to obesity. i also want to remind up on the most recent reauthorization, the snap education formula was changed so more resources could be given across a larger number of state taking place right now i'm expect that to be changed under the new formula and chatted attrition. booker truffaut. the clerk will call the roll. [roll call] [roll call] [roll call] [roll call] [roll call] >> that nays having a majority, it is not adopted. are there further amendments to the nutrition title? senator roberts. >> madam chairwoman, i have a bail that encompasses the amendments considered in some of that to be considered, so this

in each of the last two years, cbo has reduced its 10 year forecast by over $100 billion.. further, cms has spending per person will grow 1.8% in 2013 and market wait for the five years at the lowest prescription drug spending growth have occurred since perdue began in 12,006. one reason for slow growth in drug costs as a prescription drug lifecycle in which companies develop medicines which later become generics. here i have a slight disagreement with my co-panelists. i believe the market works to obtain maximum savings from the lifecycle. four out of five prescriptions are now filled with generics in the system is unique to medicines. it contains costs and allows resources to be reallocated from older to newer treatments. due to the lifecycle between 2006 and 2010, the average cost per day in 10 commonly used classes of medicines dropped for $1.50 to 1 dollar. medicines reduce other costs. n-november cbo announced to a credit policies that increase use of an offense on other services. in making the change, cbo cited research finding part d reduce nondrug medical costs fo

it i partly a result slow growth with the capital gains in orde to avoid the increases the cbo forecasts notorious for being inaccurate. lou: but we're looking at a good deal we see the numbers shrank becausef higher taxes and sequestration did i mention high tas? >> you did but you did omit to say one of the important shrinkage is aside from the federal government that the theocracy is a good thing in e long run it does have its defects for people to ha jobs in the real economy and moonlighting. lou: talk about the real economy looking at economic growth. we have a dollar that is strengthening and bond deals that are rising that this is the panoply from the market's. lou: it does have its momentum and it has a tremdous inflow of capital. she once gains in currency trading and the economy the ly one showing a polls. lou: your judgment? >> even the last time we talked about the unusual circumstances of the fall of industrial production while gdp report's will look a little better. so my own forecast is the same gdp grows bigger this quarter than expectation and and industrial production a

cbo follows their wishes.the 10-year budget window has cboing to do with what wants to do, and then congress rights laws that in some cases take advantage. the leading practitioner with the affordable care act itself, which was riddled with gimmicks. this is not a cbo problem. this is your congress at work. it is not cbo disguising it. secondly, they do lots of long-st for 100 years, term budget outlook's -- in every case, it is important to give perspective to those numbers. -- one dollar in 50 years and one dollar now are very different. show it size of the economy. if you look at the kind of spending we're worried about in the heritage study, 2% over that horizon. get some perspective and stay with something people understand. when you think of the affordable care act itself, you know, i just want to say, i have a pretty reasonable track record of thinking this was not the best thing ever made. it is an inhospitable way to greet people to these shores, but that is not the case. we have a law that is unsusta

will talk with former cbo director with his side of the argument next. for seeing your business a whole neway. for seeing what cash is coming and going out... so you can understand every angle of your cash flow- last week, this month, and even next year. for seeing your business's cash flow like never before, introducing cash flow insight powered by pnc cfo. a suite of online tools that lets you turn insight into action. lou: abortion doctor today convicted of three counts of first-degree murder for severing the spinal cords of infants born during abortions at the philadelphia abortion clinic he also convicted of involuntary manslaughter in the 2009 death of a woman who died from a drug of overdose while undergoing an abortion and now moves into the sentencing phase to decide if he should receive the of death penalty or face life in prison. turning to immigration reform our next guest says it could reinvigorate the economy leading to a higher rate of growth in our economy and more money per person in the workplace and reduction benefits as well and a lot

years of deficit of $1 trillion of expected deficit and expected to be close to 1 trillion although the cbos. and former morgan stanley partner good to have you here. can you believe we're saying this? the deficit is shrinking are you impressed? with this bill and that has been put on at. it is partly a result of slow growth with the capital gains in order to avoid the increases the cbo forecasts are notorious for being inaccurate. lou: but we're looking at a good deal we see the numbers shrank because of higher taxes and sequestration did i mention higher taxes? >> you did but you did omit to say one of the important shrinkage is aside from the federal government that the theocracy is a good thing in the long run. it does have its defects for people to have jobs in the real economy and moonlighting. lou: talk about the real economy looking at economic growth. we have a dollar that is strengthening and bond deals that are rising that this is the panoply from the market's. lou: it does have its momentum and it has a tremendous inflow of capital. she once gains in currency trading and the eco

remember, we have an estimate of $2.2 billion from cbo right now. we're not even beyond the point now. one of the points i want to make out that's really important is that that cbo study showed the more you help the borrower the more you actually return to the taxpayer. from the $2.2 billion is on the largest concession. >> add one other dimension to this. to the consent there is a consensus the stimulus worked but way too small because it did not provide the keynesian stimulus we needed, the other piece of this puzzle was homeowners were seeing the value of their critical asset diminish ed the economy would have come back dramatically faster. >> how do you feel about mel watts? >> i feel very good about mel, one of the most outstanding members of the congress and has an excellent reputation, knows how to cross the aisle and work with others. he has been against predatory lending and played a major role in dodd-frank. well situated for this job in financial services. >> the job to oversee half of america's mortgages. >> definitely prepared. >> here'

. >> let me ask you 1.2 trillion is the latest number that the cbo said it is going to costulse. >> eric the grand benefits promised for year after year. they remain elusive. we know the higher taxs and the internal damage done to the healthcare austin said healthcare costs are rising. yeah, rising more government is getting involved in healthcare and now government is involve would. doctors are leaving the practice and forget keeping your insurance. what about if your insurance is there but no doctors. that is happens in socialized care. >>in, the president is back tracking on a lot of the promiseless that you guys made when you sold it to the american public. what is more or is there any left. >> i don't know what to tell you. you guys are work would up and you know am a fan and we are friends, i can't disagree more with the statementings. >> they are fact accident. >> increase of healthcare costs is not due to aging of population but the rise in government. that strains the bounds of credibility . you look at costs of medical insurance . medicare is the lowest cost of insurance in the

will talk with former cbo director with his side of director with his side of the argument next. stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ holeerol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is important, especially if you have high cholesterol plus any of these risk factors because you could be at increased risk for plaque buildup in your arteries over time. and that's why when diet and exercise alone aren't enough to lower cholesterol i prescribe crestor. [ female announr ] crestor is not right for everyone like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're t

they present the congress every year and nobody knows the verse two of those questions, the cbo is as good an object did not bribe the u.k. but experts say are incorrect and that is the economic growth as the united states and japan is not going to be the peaks of growth we've had in some of the cocoa areas of the past. bill gross had the biggest bond fund in the world. he's called it the new normal, that we're going to have a lower growth to be steady, but it's going to be creating less jobs. that's what the projections are for the future. in february of this year, mr. president, the cbo projected that job growth in the ten-year budget the analysis, years 19 through 23, job growth per month, the number of jobs we've added that the employers expect to add to the work were subaverage only 75 a month. surely we can do some better than not. this is a ten-year plus plan of immigration. is it activist to mr. elmendorf, anybody about how many jobs are actually going to need other than some of our gurus and the commerce in the bank i were cultural communities and some of those folks. that's

disbelief in the projections of the cbo.ayments by the wealthy in 2012 showing up, the other thing, i don't know if you spoke about this, which is the fannie payment and the expectation of a freddie payment and whether or not that transpires. people really don't believe this incredibly shrinking deficit is going to be incredibly shrinking for quite as long as predicted. >> history's pretty clear on that, steve. and we can go back to many other occasions. this isn't like we need to do a lot of experiments to see what the outcome is going to be. >> both ways, i would point out, rick. i think the economists are worse at projecting the deficit than they are the employment report if that were possible. so i think that's important to put to the side. when things move in one way, rick, they tend to move a lot in one way. and that's, by the way, what he's on. you have no idea here it's moving and moving faster and by the way, i want to point out, he called me in the later afternoon after the cbo report to gloat about how this new cb

cbo estimates the deficit reduction policies of current law will slow the pace of real gdp growth by 1.5 percentage points relative to what it would've been otherwise. in present circumstances are short-term interest rates close to zero, monetary policy does not have the capacity to offset an economic heaven of the magnitude. though near-term fiscal restraint has increased, much less has been done to address the federal government longer-term fiscal imbalances. indeed the cbo projects under current policies the federal deficit and debt as a percentage of gdp will begin rising again in the latter part of the decade amid sharply upward thereafter in large part reflected in the aging of our society and increases in health care costs along with mounting debt service payments. to promote economic growth and stability it will be essential for fiscal policy makers to put the federal budget on a sustainable long-run path. importantly the objectives of longer-term fiscal imbalances and minimizing near-term headwinds facing the recovery are not incompatible to achieve both goals for congress a

we see other cbo's come and go. but we stay. we are serving the underprivileged asian community immigrant communities. they don't have the means or language skills to do better in their life. so we are helping them in many other ways. and also have small business owners to enhance. and how to strive in a bad economic time. i am telling you that district 10 and bay-view hunter's point is the future. so i ask seeking your attention to come to this area and look for the future. here we are, we are not doing very good economically, but we are rich in spirit and we are rich in talent. thank you. >> thank you, mr. chen. and now district 11 community representative, rachel ebora and nicole agbiyone. and then we have omar community collaborative, gwen brown. >> good afternoon, i am the executive director of burnle heights. >> good evening, our organization works through the vitalized commission street in excelior planning collaboratives. 57% are foreign born. 74% of the households are considered family households. 18% of the residents l

living in hunter's view i encourage the department leaders and effective officers to work with cbos in order to provide the desperately needed services to my community. transportation, jobs, job placement and readiness and youth enrichment services, and all other capturing a healthy environment. thank you. >> i am a resident for more than 20 years. three years ago our community had some program for our asian residen residents, which by the way is largest in district 10. last year services for us have reduced to the point this semester all of our class, citizenship classes are all gone. our once vibrant community center almost had no services for our english speaker. or whether (inaudible) senior for this budget please make sure all of the outside programs organized that ask for public funding, service responsible for our resident needs and for -- and they must got our import and not represent to us what we want in our city to make sure our city (inaudible) public funding program that treat our api population will get proper funding in language access, community organization and service