the second secretary donovan, secretary fugate. it takes now 18 to 46 months for fema mitigation to work the way down to disaster affected community because of the process that you're familiar with. could you please give us some suggestions as to how we can prove that within the next week so we can consider it authorizing that in a legislation, and would you support a policy to advance a small portion let's say 10 or 15% so the communities can get on with the work. number two, secretary administrative fugate. last year we introduced lex for temporary child care under section 403. would you tell us within a week where you are recommending for it go forward or not. family, these disaster you heard me talk about this until i'll tired of saying the world. can i ask you what $5 million of loan authorization is going do to help any community. any community. the operating budget of the cities are billions of dollars. hundreds and millions of dollars. whoever came up with the $5 million cap? , i mean, do you realize that's all the money th

fund, both secretary donovan and acting f.h.a. commissioner carol gallant, testified to two different senate committees that the fund would, quote, return to the congressionally mandated capital reserve ratio of 2% by 2015. needless to say i'm not nearly as optimistic about the future of the f.h.a. i hope it works. i hope it does. the inability of f.h.a.'s leadership to clearly recognize and address its problems is raising doubts, mr. secretary, about the credibility and willingness to properly manage f.h.a.'s financing. i think it's time for f.h.a. to face facts. we have to. first, the capital reserve ratio, the federal housing administration fund, is dangerously low. you know that. and has shrunk nearly every year since 2006. f.h.a.'s statutory obligations every year since 2008. third, every year since then future growth in the capital ratio has underperformed in relation to f.h.a.'s predictions. hopefully the shock produced by these latest projections will finally be a wake-up call for everyone. hard choices lie ahead for this

the ring with secretary donovan is about to begin. -- hearing with secretary donovan is about to begin. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> i call this hearing to order. thank you for joining us, mr. secretary. i asked you to testify today because i'm deeply concerned about the recent report that the f.h.a. could potentially need taxpayer support for the first time in its 78-year history. i would like you to help the committee gain insight into the fiscal challenges at the f.h.a. and what h.u.d. has done and can do to mitigate losses and address the shortfall in the capital reserve ratio. f.h.a. has been helping save lives of the mortgage market by ensuring that qualified lower to moderate income and first time home buyers have access to credit since 1934. since the beginning of the financial crisis, the f.h.a. has increased its market share from below 5% in 2006 to about 30% at its peak volume in 2009, in pursuant of that mission. this cyclical expansion was essential to the mortgage market, especially for

fund, both secretary donovan and acting f.h.a. commissioner carol gallant, testified to two different senate committees that the fund would, quote, return to the congressionally mandated capital reserve ratio of 2% by 2015. needless to say i'm not nearly as optimistic about the future of the f.h.a. i hope it works. i hope it does. the inability of f.h.a.'s leadership to clearly recognize and address its problems is raising doubts, mr. secretary, about the credibility and willingness to properly manage f.h.a.'s financing. i think it's time for f.h.a. to face facts. we have to. first, the capital reserve ratio, the federal housing administration fund, is dangerously low. you know that. and has shrunk nearly every year since 2006. f.h.a.'s statutory obligations every year since 2008. third, every year since then future growth in the capital ratio has underperformed in relation to f.h.a.'s predictions. hopefully the shock produced by these latest projections will finally be a wake-up call for everyone. hard choices lie ahead for this

secretary donovan, leads me through this and tell me if i am wrong. it is my understanding that under the statutes now prevailing the federal housing administration could, if necessary, and deemed it necessary, tap the treasury or an endless supply of money, calling that a bailout. can you assure us and the american people today as the secretary of hud that fha will not do that or you don't know yet? >> given the actuarial report this year, obviously i am highly concerned about that possibility. >> of getting close? >> certainly we are closer than we have been in the past. what i will tell you is again, the independent actuarial report is the best i can give you in terms of that view. >> that is not good. [talking over each other] >> one important piece of this is what is required for the actuarial is a review as if we stopped doing business on the day today actuarial. the important thing we can do and have done to avoid taking funds from the treasury at the end of the year is to look at revenue we expect this year. that is about $11 billion and to ma

that is driving this loss expectation just recently released and secretary donovan talked about today. melissa: there is evidence they are continuing to make bad bets as we go forward. this is part of the program to help people buy houses and help people who have low fico scores and who have problems in the past. maybe their way of doing business, and you're someone who sat at the helm for a long time. maybe their way of doing business isn't sound for the american taxpayer? >> well, look i think it is too soon to make that determination. no question it is stressed but keep in mind that, you know, lehman brothers failed. freddie mac and fannie mae failed to the tune of $150 billion. fha has been actually a source of purchase money, transactions for the american homebuyer. but to your point, melissa, you're absolutely right in terms of past years. in 2006, 7 and 8, lenders took advantage of the fha. they drove fico scores, credit scores very low. there were bad programs were allowed in the fund. melissa: wait, they took advantage of the fha? how do you do that? >> well, you take advanta

secretary donovan. >> absolutely. chairman landrieux, ranking member coats an members of the subcommittee, thank you for the opportunity to testify today. and i marly want to talk about the progress we have made in responding to hurricane sandy as well as the challenges that we face in supporting the long-term recovery of the region. i know you closely followed reports of the storm's impact on the region. we've obviously heard about that today if the first witnesses. you've heard about the many injuries and tradge exloss of life as well as the massive flooding, structural damage and power outages across the region. as someone with deep roots in the re, i have been particular -- in the region, i have been particularly affected by the storms as many friends and colleagues are still dealing with the aftermath. for this reason, i'm especially honored to have the opportunity to help with recovery and rebuilding efforts and pleased to be here today. having made several visits to the affected area since the storm hit, includ

hud secretary sean donovan defending the federal hoisting administration in front the senate bankingough questions. an audit shows the nation's agency faces $16.5 billion in losses. 16 billion. donovan says they have already taken steps to strengthen finances but haven't gone that far. >> based on all of that do you expect a taxpayer bailout as you sit here today? if so when? >> based on those steps i believe we've have significantly decreased the chance of having a bailout at the end of the 2013 or having to draw on the treasury. i'm not going to assign a probability at this point. gerri: read, it could still happen. republican senators didn't accept that answer. morph be done ending fha back of reverse mortgages. they said the fha sustained big losses for defaults on those loans, allowing older homeowners to borrow on their equity. and mortgages that can be insured by the fha. >> it is time i believe to get serious reform of fha before it needs a taxpayer bailout, if it isn't too late already. gerri: and donovan agreed the changes would be helpful but pointed out it is up to congre

donovan said that washington is closer to one after the latest audit of the fha found it has a capitale deficit of about $16 billion. but the administration it is too soon to say whether the fha will need any treasury funding to avoid a bailout. the agency is increasing fees and making other changes. >> based on all of that do you expect a taxpayer bailout as we sit here today? if so, when? >> based on those steps, i believe we've significantly decreased the chance of having a bailout at the end of 2013 or having to draw on the treasury. i'm not going to assign a probability at this point. melissa: hmmm. >> the administration says it will siggnal its intentions on treasury funding when it has the 2014 budget this february and make a decision whether or not to pull the trigger or not next september. melissa. melissa: peter thanks so much. what does a possible fha bailout mean to us, the taxpayer? here in a fox business exclusive, another one, former fha commissioner david stevens. he is now president and chief executive officer at the mortgage bankers association. thanks so much for joi

shaun donovan today asked are we going to have to bail out this agency?e had to say. >> can you assure us and the american people today as the secretary of hud and f h a will not do that? or you don't know yet? >> i wish i could -- have a crystal ball and could tell you won't at the end of the year. given the actuarial report this year, obviously i am highly concerned about that possibility. gerri: you can read that as a yes. when somebody doesn't come out and say there will be -- may be so. the problem is we won't know for a long time. not until we probably do the next budget next september. keep in mind it could be billions and billions of dollars. i have interviewed shaun donovan before and a lot of people in the housing and urban development, their systems are in the stone age. you can't imagine what trouble these agencies have trying to keep up with reality. tracy: they are betting--making better loans and people paying them? that was left over from the disaster. gerri: they still have trouble. >> i love glass half full and i could agree with you. [t

lograr el triunfo y vemos como mark gonzales de cabeza regresaba sonrisas a los rostros angelinos y donovans de 6 años. >> y mañana por univisión, toluca estará enfrentando a tijuana y toluca es el único equipo en el mundo que ha tenido una única familia de dueños. >> y el abuelo de hanks fue gobierno de méxico en los 70 y vamos a ver de que cuero salen más correas. >> si quiere saber más sintonice univisión deportes network. >> vamos a la final de la liga de ascensos y vemos con goles de manuel garcia y cabalo que le daba el título y vemos como el portero rechazaba mal y gol y tenemos el global empatado y el equipo de los reboceros con medio boleto, tres goles por uno y madison square garden. >> y vemos como intenta dominar los asaltos y en lo que pudo ser el adios de miguel coto. >> y los raders van contra clevelant. >> muy amable. >> y vemos como en estados unidos se ha dado un incremento en las deformacions craneales. >> la cabeza del bebé puede tener una forma asímetrica después del nacimiento, hablamos hoy de este tema >> note que la cabeza no era redonda y me queje con el pediatra pe

shaun donovan discusses it. harry reid and mitch mcconnell when back-and-forth on fiscal cliff issues and a proposal to raise the debt ceiling. here is part of their exchange. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months

now i would like to briefly introduce the witness, the honorable shaun donovan. this is his ninth time before the full committee. secretary donovan, you may proceed with your testimony. >> chairman johnson, ranking member shelby, members of the committee, thank you for the opportunity testified to a recurring the status of the federal housing administered his mortgage interest programs. i want to add my thanks to senator shelby. this is an important moment for housing market, and our nation's economic recovery. in 2012 costly close, there are encouraging signs, housing construction growing faster than at any time since 2008, stronger should home sales since the economic crisis began, and rising home values lifting 1.3 million families above water in the first half of this year alone. fha's programs have been a critical component of this economic recovery. that should come as no surprise given the program's goals in history. with a dual mission of providing access to homeownership for understood, low population and critical financing for multifamily development, n

contra el galaxy, houston se iba adelante pero los galacticos en el segundo tiempo hacen 2 entre donovanones que se realizo, con brasil italia méxico y el monarca africano en el grupo b.>(balacera) (información en pantalla) >> mañana un nuevo campeón en la liga mx con los diablos contra los cholos, los perros morideron 2 a 1, pero el gol de diferencia no es mucha ventaja. >> por las pantallas de univisión y univisión deportes en ingles. >> en la liga de las estrellas barcelona recibe a l atletic de bilbao, tienen el mejor arranque en la historia, leo messi anoto el doblete y solamente le falta el gol para sacar el record. >> la pulga atomica anota 2. >> le recordamos el horario del partido de vuelta entre toluca y tijuana mañana. >> y la tradicional competencia la carrera del pudin de navidad. >> los competidores vestidos de trajes llean un pudin en la mano

la mls y el adiós de david beckahm, los galacticos remontan en la segunda mitad, omar gonzalez y donovan los colchoneros comenzaba a jalar el equipo de real madrid y ozeal cierra la victtoria. >> hablando del barcelona sigue a paso sumando de 40 a 42 de puntos posibles, la marca de messi se pone a 1 gol del 85 logrados en el 72, barcelona apabullo 5 a 1 al atletic de bilbao. >> esto es todo en los deportes. >> tremendo jugadorazo es el el

but spokesman donovan said the transit police was notified by the loss searching for the lost tape.tified. >> we have a lot of good people still in the secret service. they prmay be going through the crisis. they use repeated violations followed by poor efforts. >> a secret service spokesperson told fox news the agency instituted certain protocol and says there is never any fraud reported after the loss of the case. thanks to reporter bobber nard from fox affiliate wtpg. won of our nation's greatest accomplish presidents this month marked 40 years since the last man walked on the moon. the race to get there. talks with the astronaut who received the giant leap for mankind. >> you were the last human being to touch that surface. how does that make you feel? >> humble. >> we came and god willing we shall return. for all mankind. god's speed to apollo 17. >> tomorrow night don't miss fox news report fly me to the moon hosted by neil cavuto. >>> tonight a professional football player is dead another one charged with a shooting. the latest on fox top story when we come back. initiated. n

secretary donovan and mr. fugate, thank you for your words. i'm very impressed listening to the senators who have seen in tremendous thing happening to their citizens and we need to stand up and help them house will. we need to learn it from this and get it right. listening to your response on community block grant development, and now we have worked to make that more flexible. i think there have been some proposals of their about making it so, but i would like to go back and ask what issues you have seen in particular that says to you that is what we need to change? >> a number of the thing is have to do with simply the fact? it was envisioned as a block grant for regular course of business, housing, infrastructure, and other community needs. the types of things that we have run into, depending on the nature of the disaster, the incumbent targeting requirements have been an issue at times. there is a broad range of community that have been hit. if we are doing awards to a locality that was hit hard that just happens to be an a higher- income

we'll talk with secretary shaun donov donovan. storm. our freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. ÷s#éq have led to an increase intands clinical depression. drug and alcohol abuse is up. and those dealing with grief don't have access to the professional help they need. when you see these issues, do you want to walk away or step up? with a degree in the field of counseling or psychology from capella university, you'll have the knowledge to make a difference in the lives of others. let's get started at capella.edu >>> dozens of celebrities were raising money for victims of sandy. many folks are still struggling to rebuild. joining us is shaun donovan, secretary of housing and urban development and official has a second gig where he became in charge of the response to superstorm sandy. nice to have you with us. >> one or two? >> just one. >> they're asking for just over $60 billion in relief for the

shaun donovan appearing before the committee. dagen: it begins with 3.5% down. that is your down payment if you need an fha loan. peter barnes standing by with more. peter: a bailout is coming. the housing secretary cannot rule it out. he is highly concerned that there may be one. they found it has a 13.6, pardon me, $16.3 billion capital reserve shortfall. they say it is too soon to say whether the fha will need any money from the treasury. they are increasing fees and making other changes to avoid a bailout. >> it is time to get serious reform for fha. if it is not too late already. right now, the question is quickly becoming not if, but when. peter: the final accounting would be done at the end of fiscal year 2013. the administration says it will not signal his intentions on getting funding from the treasury from the fha until it releases its 2014 budget. this february, the fha, as you recall, insurers riskier lower down payment homes. connell: peter barnes in washington. we will take this right into our next guest. alex sharpton is with us. it is good to hav

waited until april of 2012 to raise additional premiums and secretary donovan, secretary of h.u.d., has testified to the senate banking committee that it will wait until next year to increase premiums by a meager 10 basis points. despite having statutory authority to do more to protect the taxpayers. ms. gallon lay tai has deathed the true -- ms. galante has denied the true severity of the problems. last year she said, "there's no evidence or widespread prediction that home prices are going to decline to the kind of levels that would require a bailout." really? yet, although some prices have risen slightly, the f.h.a.'s financial position continues to deteriorate. several experts now conclude that a taxpayer bail outis simply a matter of time, mr. president. the 2012 actuarial report and the disastrous state of the f.h. e.a.s. finances led "the washington post" editorial beard to conclude, "right now the critics are starting to look pretty pressing. government support foreclosure ssessive borrowing has turned into a national nightmare." the f.h. e.a.s. capital reserve is still well belo

landon donovan puts it through. they win the straight mls cup, and it was david beckham's final mls game. the match point for branson volleyball on the left and right. mckenna, the sob shot and that's it. four straight years the branson bulls beat tricity christian to win the division 5 state championship. that was this morning down in ervine. a school of 300, and you have to go to this tiny school in ross california. >> four in a row right. >> four in a row. >> thank you much. >>> big story of course today is the weather and paul's keeping an eye on that for us. >> here's a look at the radar, the rain is already here. this is ahead of round 3. this is too many to count, so we're going to show you here, the rainfall that's out there. doppler showing heavy rainfall offshore, so watch out marin county. in the city of san francisco, half-moon bay, all the way north to santa rosa. it's going to pick up this evening and everybody gets the heavy rain overnight tonight. pretty rough driving for lunch tomorrow. and we'll se

as an investigative journalist, people like donovan hill who suffered second impact syndrome, they talk to me because they want something great to come of their story. they want people to learn so it doesn't happen to someone else. the kind of journalism that is essentials, there is another component if something happens afterward. important people come together and share their perspective and find common ground and identify ideas and advance the conversation moving forward but i feel like i am helping the donovan hills of the world. thank you for coming. [applause] >> if i could interject, i flew out here to ask one question. are am a concerned parent. i have been to four of your executive committee members, these gentlemen are the most adept at speaking to this issue. you mentioned we should have more player reputation and i appreciate everything you said to me today, in interviewing your executive committee members one of them told me on this issue point blank there is no way in hell he would let his kids play football. that person decided not to be part of the documentary so i will

i'm sure that will do it. >> paul donovan is still with us from ubs.aul, picking up on those comments from trichet, you've argued that it's in the eu's interest for britain to say not necessarily to focus the argument other on the side of it, which we've heard very much in london. >> i can this is it. there has been a casual assumption that if the uk loses and europe carries on regardless, i think the question has to be asked, what has britain done for europe? >> what has it? >> it's actually done quite a lot. had been uk joined the euro, the whole thing would have blown up a long time ago. but the single market, the single market is a construct where the uk has played a very, very strong leading role. as we know from draghi, we're still not finished with the single market. we don't have a proper skinl market for banking services. for example, at the moment, they need to move ahead on that. the uk is a powerful force on that. britain has commented that the uk played an extraordinarily open role in free trade negotiations and in moving the eu into a way

>> yes, i believe so. >> reporter: john donovan, abc news, washington. >> money again the issue.as we go through the next couple of days, all this talk about taxes and budget cuts, you would hope they say let's not cut from whatever pot of money goes towards mental health services. we'll see how it plays out in d.c. >> that's going to bring us so our facebook question of the day. we've been asking your advice as they discuss the gun control laws. >> jennifer says, it's not about gun control. it's about getting a country to embrace valuable character traits and practice them. >> paul is straightforward in saying, deterrence is the answer. >> and calling it a complex issue, lisa says congress needs to be the public servants they purport to be by banning assault weapons and high capacity magazines and increasing the mental health treatment safety. and the conversation we've seen since friday, whatever is going to happen, we don't know what will happen, but it's going to be somewhere where gun control meets mental health. >> the last two massacres we had, this one in newtown and the

fund, both secretary donovan and acting f.h.a.missioner carol gallant, testified to two different senate committees that the fund would, quote, return to the congressionally mandated capital reserve ratio of 2% by 2015. needless to say i'm not nearly as optimistic about the future of the f.h.a. i hope it works. i hope it does. the inability of f.h.a.'s leadership to clearly recognize and address its problems is raising doubts, mr. secretary, about the credibility and willingness to properly manage f.h.a.'s financing. i think it's time for f.h.a. to face facts. we have to. first, the capital reserve ratio, the federal housing administration fund, is dangerously low. you know that. and has shrunk nearly every year since 2006. f.h.a.'s statutory obligations every year since 2008. third, every year since then future growth in the capital ratio has underperformed in relation to f.h.a.'s predictions. hopefully the shock produced by these latest projections will finally be a wake-up call for everyone. hard choices lie ahead for this prog

they led by 18 at halftime. 2nd half, cleveland melvin to donovan kirk, who scored a career-high 14.84-50, now 6-and-3. that's a look at sports. you're live illinois lottery drawing is next. winning pick 3 numbers. 5,3,5 >>winning pick 4 numbers 3,73,5 lottery tickets anything is possible. have a great afternoon. [ female announcer ] she did a full day at the office went home and fed her family. now she's helping her community. no wonder it's hard to focus on her own needs. but she's got one a day women's, a complete multivitamin with key nutrients women may need all in one pill. because our focus is you. ♪ ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. in medical watch. the benefits of iron supplements for underweight

he has not officially announced his retirement or anything like that, but donovan, who is only 30 years, is an active player on the field. he's put a lot of miles on his legs and they're saying they're not sure what he's going to do. the fans would love to see him keep playing. donovan may retire. >> all right, well, we may never have seen david beckham play personally, but we'll always look forward to seeing him in whatever picture we can. thank you so much. >>> a recovering addict says striving to perfect almost cost him his life. as a young gymnast, he felt so much pressure he turned to alcohol and then drugs. but he made a stunning rebound. dr. sanjay gupta haas his story in the human factor. >> i started gymnastics when i was 9 years old and i was watching the 1984 olympics. and it spoke to me as if it was like broadcasted directly to me. and i immediately took the cushions off the couch and started flipping around. >> joseph's foray into gymnastics got serious after that. just two years later, he realized he had a natural gift, but his insatiable need to perform perfectly took ove

landon donovan perhaps playing his last game for the galaxy.pplication win -- galaxy win, 3-1. >> kansas state and texas on deck here on abc-7. stay tuned for after the game. larry beil and myself will break it down and see who is going to what game. >> he is going to have this own talk show. >> he might. >> ama: that does it for this edition of abc-7 news. college football is next. and the abc-7 7 news exclusive app is now available for your android. download it for free from the amazon app.@res Ñ >>> kansas state coach bill snyder made this walk many times. but tonight, at hand, a bcs berth. mack brown knows its collin klein's final home game

donovan is rumored to be retiring from the mls, he is the league's all-time score as the galaxy win over 0. bye-bye beckham. >>> tomorrow's contest with cleveland will be blacked out locally, but nobody can will see linebacker, a line barcer. gaither will play and he is seizing this opportunity to rekindle his career. >> i want to be the catalyst, i guess, and we'll see what happens on sunday. i feel like if i can go in and we can do better. i feel like i played a part in it. so that is my goal, not just to play well myself, but to try to give the entire defense to play better. >> and how about some brunch and football? 49ers and rams kickoff at 10:00 a.m. on ktvu channel 2 and keep it here for the "live point after" show for all the insights and interviews. >>in new york, austin no- doubt trout put his 154-pound record on the libe against madison squared gardens favorite son miguel cotto. trout keeps peppering cotto and makes sure that the biased crowd understands there is a new sheriff in town. austin trout wins with a clear decision over miguel cotto. 27-0 and new yorkers, you are bet

. >> mls cup finals, application and dine -- dynamos, david beckham playing his last game, landon donovansibly playing his last game also. the galaxy win, 3-1 the final. this sports report broth you by river rook casino. >> ama: high wind and flood warnings across the bay area tonight. we're tracking the storm as a third in a series of storms moves in. we'll have a live report and the forecast when we pi@$@ t)t"ñ >> another major storm is moving into northern california right now. you are looking at live doppler 7hd. meteorologist leigh glaser is tracking the storm and will be back in a few minutes with a look at the forecast. i'm ama daetz. the big turn tonight, flooding, sergio quintana is live in napa where they're keeping an eye on the river level. >> the most rain is supposed to come down tomorrow morning but the napa river is expected to get to its highest point sometime tomorrow afternoon but those rains have already started causing problems around tonight tonight. on redwood road, two trees came down, taking a powerline with them, knocking out electricity for 50 pg&e customers and

. >> mls cup finals, application and dine -- dynamos, david beckham playing his last game, landon donovanossibly playing his last game also. the galaxy win, 3-1 the final. this sports report broth you by river rook casino. >> ama: high wind and flood warnings across the bay area tonight. we're tracking the storm as a third in a series of storms moves in. we'll have a live report and the forecast when we >> another major storm is moving into northern california right now. you are looking at live doppler 7hd. meteorologist leigh glaser is tracking the storm and will be back in a few minutes with a look at the forecast. i'm ama daetz. the big turn tonight, flooding, sergio quintana is live in napa where they're keeping an eye on the river level. >> the most rain is supposed to come down tomorrow morning but the napa river is expected to get to its highest point sometime tomorrow afternoon but those rains have already started causing problems around tonight tonight. on redwood road, two trees came down, taking a powerline with them, knocking out electricity for 50 pg&e customers and it turned

donovan i am glad he is here today.hurricane sandy was the third major disaster to strike in three years. which includes south kingston and dunes were obliterated and homes and local railways exposing underground septic tanks and pipes. off the coast of the army corps data system recorded the largest wave at 47 feet. we had severe damage. with issues under the stafford act preliminary damage reports show $40 million to the public infrastructure that will likely need to be covered by other agencies including channels, roadways requiring significant funding the department of transportation and army corps. rhode island felt the effects of the downturn today it ranks second of unemployment. recovering from a third major disaster will be a significant challenge. and the size by governor chafee who wrote to the president about our problem i would ask that a copy of his record be entered into the record and i also request any aid offered by a the committee be available for this crisis. providing the state relief with federal f

they couldn't pick it up, because i was throwing pat donovan off. i thought it was going to eventually work. gary hogue aboom kept them in it. just under seven minutes remaining when darrell grant makes the play of his career. hogaboom dropping back, wash the right side of the scene for a screaming dexter manly. he tips the attempt. grant pulls it in and stomps in for the ten-yard score. >> tried to position myself to where i'm close enough, if he releases fast, i could possibly make a play. but i stopped, he held it longer, then i saw dexter rush across, and when dexter jumped, he tipped it, and it went pretty high up in the air. i was able to run under it. >> joe gibbs carried off the field into the history books. the redskins were off to their first super bowl with a 31-17 win. >> it was the ultimate game. the spectators' game, the players' game. >> we have a team and it's been said many times, it's just a team. all i can add to that, it is one hell of a team. >> ten years after losing in their first-ever super bowl appearance, the redskins recei

john donovan has the stories. >> there are homes that know nothing of reality of raise ago troubled childthen there are those that do miss long put her home in the second group in a blog posting this weekend called i ahmad am lanza's mother. that rocketed around the world. i love my son she wrote. but he terrifies me. >> my biggest fear is some day he will fly into a rage and hurt me. or hurt himself. >>reporter: he is mentally ill she writes and has threat end her at times. even pulled a knife on her. she called this a cry for help. one that was medley echo in remarkable way by pants across the country both on line and talking with abc news. >> i'm afraid for my daughter. fearful for my daughter. i'm fearful for what will happen to her or to anybody that is around her if she snaps in a public place. would this be her that i'm getting a phone call about. >>reporter: it was connecticut that triggered this. yet these parents fear conflict with virtually all expert opinion about the mentally hill. statistically they are not dangerous to the community at large. nor to perpetrator of large sca

remember, mike shanahan and company, they traded donovan mcnabb to minnesota for a sixth round pick. that turned out to be alfred morris. on this run, he breaks clinton portis' single season rushing record of 1516. he shattered. he ended up with 1613 yards for the season. here is rg iii. he is kind of limping getting around that concern but still, he has so much moxie and so much will, he gets there and scores the go ahead touchdown and here is morris and as you say, that is the hammer. >> the hammer. >> and they dropped the hammer 33 times on the cow pokes and they win going away 28-18. three touchdowns. his average per carry, 6.1 yards last night. mike shanahan, rg iii talked about the great win after the game. >> i don't think i've ever been 3-6 and ever had seven in a row. i don't think so. i don't think i've ever been anywhere close to that to be honest with you. >> i think everybody believed in what we had already. it was just about going out and executing it. when your back is pressed against the wall, a lot of times, it will make that come out of you and everybody stepped up

the whole notion of the meeting we had with secretary donovan and the transit players in new york is what is the most cost- benefit to the region looking at the entire transportation network, even the son island ferry. -- staten island ferry. >> in other words, it is more fiscally prudent to do the mitigation. >> absolutely. i know it seems trite, but i have a very large tree in front of my house. one branch fell and went through the windshield of one of my friends cars earlier this year. one branch fell and went through my car. we do not park under the tree anymore. we are smarter than that. >> i was pleased as the subcommittee chair working with senator johnson on emergency relief, how do you think this program can help our agency build better and faster? >> femsa will only reimburses transit agencies to their defeat in a will only be -- fema will only reimburse agencies to their pre-existing condition. this program allows us to restore the agency to the level that providesbedroo reliable service and is up to modern technology. it also authorizes payments to prevent future disaster

and now sean donovan who runs the department of housing and urban development, hey, we are taking stepstry to lighten the load, but is it enough? and what is theright rescue? what is the right plan for the fha? >> actually, it is a timely question. we had the hud secretary before the banking committee yesterday. fha has over a trillion dollars in its portfolio. it is hemorrhaging billions of dollars. it has a negative worth of value right now. i am afraid i is going to be asking senate and later for a taxpayer bailout. they alrea have the mechanism in place to tap the treasury. i hope there won't. the secretary, i hope, will -- he has some tools at his discretion. he can run the premium of and bring in more money. he can stop the hemorrhaging that way. he can also, perhaps, what to he makes loans to. some of the loans that were made are just defaulting left and right. you can't have that kind of a housing policy. gerri: will it be enough simply to raise premiums? they have already done that, already trying to market these bad loans as quickly as they can. does the situation called for a

captions copyright national national captioning institute] >> sean donovan will talk about his agency's budget today at 10:00 eastern. on c-span 2 at 9:00 a.m. eastern, u.s. pacific commander told a news briefing at the pentagon. the senate commerce subcommittee will talk about the impact of hurricane sandy on ins -- transportation systems in the northeast including rail and port infrastructure on c-span 3 at 10:30 a.m. eastern. in about 45 minutes, we will continue to examine the so- called fiscal cliff with called fiscal cliff with armstrong

host: donovan, secretary of housing and urban development, will be testifying today in front of the senateommittee on the oversight of the fha program. he was in the house yesterday. 10:00 this morning will bring you live coverage of that hearing with secretary donovan. here is the front page of the state newspaper of columbia, south carolina. 38% endorse governor nikki haley's performance is the headline. weakness shows despite better numbers than other polls, does this signal is a threat to governor's reelection chances, is the question that the newspaper asks. this is the "die hard for courant" this morning. forecast, a surge in 2014. jobs boom projected after a moderate 2013. that is the lead story this morning. this is in the "washington post ," joe lieberman would not have been as tough on barack obama. if he could do it all over again. lieberman, the former democrat who was the vice-presidential nominee in 2000, famously but the party and supported republican john mccain for president and would designain 2. lieberman said obama had not yet reached across party lines to accomplish an

single mother herself, alexa donovan sees the need in letters she sees each year. >> they want to dohild. >> reporter: now her grown daughter and family make "operation santa" their holiday tradition. >> our family doesn't exchange presents. >> we stopped doing that. we were doing more of this. >> reporter: more is the feeling shared by other letter elves. >> i started with one and this year i'm up to two so next year it will be three and hopefully the year after that even more. >> reporter: just everyday volunteers who understand the true meaning of christmas. so there are 26 post offices across the country that take part in this operation santa. to find one near you to become an elf yourself to go in, get a letter and do this, which is a great thing, about to beanelf.org for more information. >> you still have a couple weeks to do it. >>> up next from gift giving to holiday parties we've got your awkward holiday dilemmas and there are a lot of them, answered, after these messages. sales are at an all-time low! but kissing is at an all-time high! i want answers! oh. right. kay. [ fe

rice will get another big job at some point, there's talk about national security adviser if tom donovaneaves. and do you think that the gop could end up regretting susan rice taking her name out of contention? >> i don't think this was so much about ambassador rice, this was political, this was about benghazi, this is about the republicans trying to focus on something and making hay out of it. in terms of ambassador rice going up to the hill and making nice with senator mccain. moses couldn't play nice with senator mccain. if he gets it in his head that he doesn't like you, there's nothing going to change his mind. >> the point i was making was that nobody was going to change their mind based upon what senator mccain said or didn't say. >> the issue was you -- >> you judge a candidate -- if you can't no shut up, then you ought to be ambassador to the u.n. >> the point is you need to judge someone on their merits, not make it political and that's what senator mccain did. >> we don't know what went on in the meeting with senator collins. he was the person that the white house i think was