at the same time additional expenses, whether it's gas expenses, taxes or et cetera. the governor and the interest groups said not enough. >> it's now up to the house to discuss and vote. there's some talk of increasing the sales tax. president mike miller doesn't think that will work. >> it raises -- raised the sales tax two years ago and put it in a position where this wouldn't be competitive. the house is expected to have the debate completed by tomorrow afternoon. in annapolis, don harrison, abc2 news. >> the second special session is expected to happen sometime this summer. >>> in a few hours the first ceremony. he was installed as the 16th archbishop of baltimore. we will be streaming that live on our website at abc2news.com bang tomorrow at 1:30. >>> president obama honored those who made the ultimate sack cry fiessments today the president spoke at national peace officers memorial service. >>> let games begifnlt the naval academy's freshman class is spreading their fins. >> i don't even know what time it is right now. >> it is a really good feeling. >> it's ab

generally, san francisco is the most expensive. we are about 10% more expensive than the rest of the bay area and that goes to another disincentive for businesses to expand in san francisco relative to other parts of the bay area. the third we looked at his business taxes. business taxes are third for a reason. we seem to have the highest business tax burden in the bay area, but when you look at the differences of tax payments verses what date paid in labor or office space, there is no comparison. supervisor cohen: are you specifically talking about payroll tax only? >> yes. it is true that businesses pay a lot of other taxes, but this is just comparing our payroll tax which is what is generally a gross receipts tax. those are three cost factors -- housing price, labour, office space differences and taxes. it creates a situation within which there are substantial cost differences being in san francisco and other places. it is important that the city make decisions and these are relatable to policy decisions this city makes. be mind

gasoline has gone more expensive. health care is more expensive. those factors are making a gap in their city's budget, where our income is not growing as fast as our expenses. so our task tonight is to hear from you. as the mere mention, but want to hear from you about how do we think about investing, how do we think about innovating, and how do we really think about this new challenge of balancing a two-year budget in thinking about the long term? this is really just the beginning of our budget process, and there are lots of opportunities for folks to continue to be involved. we're looking forward to hearing from you tonight. teaneck? -- 8tina? >> whoa, that was fast. [applause] you had another five minutes. as you heard from what she said, i counted 19 -- 18 of you out here. i know there are more supervisors and police. how far that budget has to go is just mind-boggling and how to decide upon it. you know, hopefully you can get some questions. we are going to have some speakers up, but then put some questions in that would have relevance. i thi

expenses. should i stand forward or back? what is the sound issue? ok -- just technology. if you think about your household expenses and business expenses, you would separate them out. that is what we do in the city. all of our business expenses are in the enterprise fund. household expenses are in the general fund. that is our human pass social services safety net, public safety services, fire, police, ems. it is also our streets and infrastructure. building capital projects and improving our streets. it is also recreation and park. so it is all those kinds of things. we also spend money on paying people to do those services. you all know, the spoke work for the city. we have about 26,000 people that work for us, and we spent half of the budget every year on salaries and benefits. so it is a big cost for us. but a lot of people ask me, why do you have a budget shortfall? what is going on? i hear revenues are getting better, the economy is turning around. the best way to think about it is, for

that is very expensive. this is going to put affordable housing at a disadvantage, office tactic -- office tenants leasing at a different -- a disadvantage and others as well. the property values will not quite double, but very close to that. property tax is about 1% and we're going to add another half a percent to the value of the property. this is very expensive. i suggest you need to look at this. item number two, which is of real concern, we might be able to -- we might be building a park that no one can get to, much as a bridge to nowhere. when i say that, there's only one viable entrance to the park. if we budget for more entrances to the park, based on this report i see here, but they will not occur until the next phase. i believe the budgeting items, to get access to the park, and make a real, a viable entity should be in the construction phase of the park. the timing of the budgeting and the paying for these things is incorrect we need access to the park. we do not have it right now. it needs to be

what this would do is any expense has to come to this board for approval. it requires the stuff to put together significant packets for us. it requires use of board resources and department resources. in the last fiscal year we had 139 accept an expensd and explae majority of which were under $100,000, but the majority comes to only 2% of the total value of all of those. and many of those accept and expends are retroactive in nature, meaning the department has already accepted the money or spend it, and it comes to us for retroactive approval. particularly the smaller accept and expense are almost never referred to committees. they almost never have a report from the budget analyst. so we have all of the effort that goes into the smaller except an expense under $100,000 that had a minuscule percentage of the value of the total to accept and expand, and consumed a significant -- significant amount of resources. it also causes delays in receiving this money, and there are times it cost the department as much or more to process the materials for the board in t

to cover her living expenses and at the same time she's telling the greek people shut up and just vote correctly and i don't feel pity for you you little slobs you little peasants for you not being able to feed your children well at the same time she's telling the american taxpayer mostly but also british taxpayers to pay for her family and her living expenses and her travel expenses i mean the phrase use is a payback it is a back to the greek people and that's really disgusting from christine legarde to use this type of phrase eola jean describing these these people in greece who are being financially raped there but they're subjected to financial terrorism from christine lagarde the i.m.f. they're dying they're having their livelihoods in their countries assets stolen stripped from them from folks like the i.m.f. they're being left with absolutely nothing and she needs to herself i think enjoy the wrath of the mob at some point to come in there and restore some justice because she's sure her head is completely in the wrong place of her anatomy sheets she's not thinking clearly she's

and her travel expenses i mean the phrase use is a payback yes a back to the greek people and that's really disgusting from christine legarde to use this type of phrase jala jean describing these these people in greece who are being financially raped there but they're subjected to financial terrorism from christine lagarde the i.m.f. they're dying they're having their livelihoods in their countries assets stolen stripped from them from folks like the i.m.f. they're being left with absolutely nothing and she needs to herself i think enjoy the wrath of the mob at some point to come in there and restore some justice because she's she's sure her head is completely in the wrong place of her anatomy sheets she's not thinking clearly she's waving the flag for bank paris credit lyonnais xin credit agricole who are owed money by the greek government is exactly right she is down there trying to. to get money paid back to be to be paid back yeah that's to pay back but those debts the b.n.p. floated were unsecured therefore they took the risk now they've got to eat the loss is gold capitalism ok

what do i mean when i say drugs are way too expensive? is that you are ready now when i tell you drugs are way too expensive. even the research was staggered to see how expensive some of them are. attacking the hundreds of thousands of dollars for your street name. how did this happen? drug companies interestingly don't deny the drugs are very expensive. they say that they are, but explain they have to be expensive because they invest so much money bringing them to market. in 2001, thomas e., the report that was hardly endorsed by the pharmaceutical manufacturers claiming that every new pill that came to the market cost $802 million to bring to market. it was upwards of a billion dollars. two years ago upwards of a billion dollars. now the claim $2 billion for every new drug on the market and that is why the medications are so expensive. economists had looked at the sunset now, i think the figure you want is closer to 200 le dollars. that is not chump change, but it's not $2 billion either. the tb alliance at their own analysis and said n

and two or higher is prohibitively expensive.y going until its heyday from 2004 through 2007 could sell for 30 times earnings and still inexpensive, that's right, cheap, because it had a 30% plus long-term growth rate. that's a p.e.g. rate of just one, right at the cheap end of the spectrum. and the growth kept accelerating, sending the stock to new high after new high. why did you think it could keep going up? i do p.e.g. rate analysis. where did i come up with these numbers? observation. the value investors, who will be attracted to stocks selling at p.e.g. rates, p.e.g.s of one or less create the floor. find a buyer if it's at or below its growth rate. the growth investors hardly ever pay more than twice the growth rate. that's the p.e.g. rate of two. which means there is almost no way that stock goes higher. to stick with the example of google when it had the mega growth mojo, the 30% long-term growth rate, it would have become a sell if it traded up to 60 times. too high. like with any of my methods or anyone else's for that

but good organic produce is sometimes hard to find and sometimes expensive.the question is when is it worth the big effort to buy organic or maybe even grow it yourself? well, here is my grocery list. produce like apples, celery, strawberries, they typically have the most chemical residue. i think to buy them organic. onions, corn, avocado, those are typically going to be safer. i might save a little money and buy the convention versions. an easy rule of thumb is if you're going to eat the skin, go organic because that's where a lot of the residue of the pesticides live. unfortunately, our office hours are up. stay connected with me at cnn.com/sanjay. keep the conversation going on twitter @sanjayguptacnn. next weekend we're going to be teaming up with hb o for a look at the weight of the nation. we'll confront america's obesity epidemic. make an appointment and see us next friday at 4:30 p.m. eastern and at sunday 7:30 in the morning. time to get you a check of your top stories in the cnn "newsroom."

what do i mean when i say that drugs are way too expensive? i suspect you already know without me telling you, but even i was completely stagger today see how expensive some of them are. we're talking literally hundreds of thousands of dollars for a year's treatment. how did this happen? drug companies, interestingly, they don't deny their drugs are very expensive. they say that they are, but they explain they have to be expensive because they invest so much money bringing them to market. and, um, i think 2001 demassey released a report that was heartily endorsed by the pharmaceutical manufacturers claiming every new i pill that came to the market cost $800 to a million dollars to bring to market. two years ago it was a rise the $3 million. now it's $2 billion for every drug to come to the market. well, economists looked at this and said, no, i think the figure you want is closer to $20 million. that's not chump change, but it's not $2 billion either. the tb alliance did their own analysis, they said, no, they're in the ballpark of 150-200 mil

these are very expensive programs. the nurses, the doctors, the blood products, the drugs, et cetera, are very expensive. and yet... most liver transplant centers do some allocation of liver availability according-- considering criteria-- according to a patient's ability to pay. that's not broadly discussed, but the fact that a patient can or can't pay the bill is a big consideration in who gets certain services. another factor in the equation is the efficiency of the health-care delivery system itself. many hospitals today are operating at only 65% or 70% capacity. that's much too low. you want to have some capacity in case you do have a flu epidemic or a train accident or something like that. you don't want to be 100% occupied, but you really do want to be 80%, 85% occupied as a hospital. we've got an awful lot of excess capacity in the hospital industry. a lot of hospitals really do need to close. it is particularly expensive for hospitals with trauma centers to maintain the necessary state of readiness. mark laret:

. >> and you'd consider $5.00 to be very expensive for someone like you. >> yes. is very, very expensive. >> but let's look for a shop where we can get some recharge credit, and then we'll take it from there. >> ok. >> hello. please, do you have mtn recharge credit? how does it make you feel that in the rich world, the internet is so cheap, but in the poor world, in developing countries, it's so expensive? >> well, i feel very sorry for the developing countries. since the internet in the developed country is at the subsidized rate, but in the developing country is so expensive that the poor man that cannot have access to internet. and if you have access to internet, you get so many information. and information is power. [drums playing] >> if our families in south korea have discovered from this whole experiment that there are compensations to an internet-free life, the experience of the people of gitata has reinforced the enormous benefits to be had from being connected online to the rest of the world, if they can afford it. >> i have experienced it. i enjoy it. i

custom categorize your expenses anywhere. save time and get back to what you love. latest innovation. only for ink customers. learn more at chase.com/ink >>> since 9/11, the georgia national guard has deployed more than 12,000 soldiers to fight overseas. today, 147 are coming home to georgia. >> come on. get on the bus. let's go. >> i'm back! >> good to be back in georgia. >> at carmelo's house, they've been up for hours getting ready. >> oh, i'm so excited. >> he's only 24, but he's supporting his mother and two siblings. >> can't just stop. you have to keep that income going, so you have to look for a job to keep providing. >> today is the best day of my life. >> thank you, baby. >> welcome home, casey. >> it's exciting but nerve racking at the same time. he's not here. i can't see him. i can't touch him, but i know he's coming. >> i'm really, really looking forward to seeing my family. >> i've had two sons go to war, and i've had two sons come back safe. >> while i was deployed, my daughter gave birth to my first grandchild. i'm just looking forward to holding he