. >> reporter: republicans including president trufr think it could under drps cut the russia investigation. the house is expected to vote on whether or not to release this document to the public. >> okay. we'll be watching that closely. thanks. >>> let's bring in erin delmore and pamela. erin, i'll start with you here. the same legal team which spent the latter half of last year telling the president the russia investigation would be wrapping up, how big a deal is it going to be wednesday night when he delivers the first state of the union address while he is und underish sunder i issue. >> you can tell when he gets questions that it's not something he is eager to talk about. in the state of union he is looking to lay out for the year to come. they are play jor ledmajor legiy or -- legislative priorities. >> any expectation of the president trying to go so far as to discredit the russia investigation during the state of union speech? >> i think it would be pretty extraordinary. i'm not saying it won't happen but i think i wow a little bit surprised and think it was a big deal if they did t

commissioners, that'll place this on your discretionary review calendar fore item 21, case number 2015-008473 drp at 531 30th street. this is a discretionary review. >> commissioners, nanny tran, planning department staff. the item before you is a discretionary review request for 531 30th street. the proposal is to construct an approximately 640 square foot vertical addition to the existing single-family residence. the project includes interior remodelling and interior windows. no other work is proposed on-site. it's located on the south side of 30th street between laidley and noe street. the neighborhood ranges from single to multifamily units. the subject property is -- [ inaudible ] constructed circa 1900 and contained wholly within the rear yard. the residential design advisor team reviewed the project and the department is in general support of the proposal design. the proposed project meets all applicable -- -- this concludes our presentation. >> thank you. dr requester? >> good evening, planning commissioners. my family and i live at 21 laidley street, which abuts the property in question,

commissioners that will place us on item 23 for case number 2016011929 drp at 579 belvedere street. this is a discretionary review. [ inaudible ] >> david lindsey, department staff. excuse me one moment. st pactets that you have in froin -- the packets that you have in front much you include the proposed plans, but i have more copies that i'm going to ask jonas to pass out: thank you. the project consists of the demolition of a two story exterior rear staircase and the construction of a three story horizontal addition at the rear of the single-family house at 573 belvedere. the subject property is located on the west side of belvedere, midblock between beverly and bell valley. this area of coal valley -- [ inaudible ] -- the subject building and its two neighbors on either side are between eight and 18 feet shorter in depth than the other five structures on this block of the street. the dr requesters are steven and allison kubric who own and resize at 569 belvedere. the kubrics concerns with the project are as follows, that the project will affect light, layer and habitablity of sur

does overevvaluation cause a drp >> fear could cause a evaluation people are worried that things arexpensive, but are they priced appropriate le gily givee outlook. the answer is yes. there's very little risk of recession but people have a hard time believing that because of how long the recovery has been going on >> the thing people talk about is we overinflate the tax cuts, that throws fuel on a hot economy, that causes the fed to act more quickly >> that doesn't create a crisis. >> it's from such a low level, too. >> most people are saying -- >> could 4%, 5% cause a recession of long-term rates >> no, 4% or 5% won't. but it's a matter of the uncertainty and the volatility if there's a big enough shock, for whatever reason, it can feed through to the real economy. >> it seems like you would need a north korea or an iran or an oil shock or something like that >> most of which are not predictable, right so the question is based on what we can predict or what we have a sense we can predict, the economy and the like, are things overpriced now the answer is no there's a reason to be opt