but the reserves we're asked to dip into is a budget and finance committee reserve because the budget and finance committee has not previously wanted to be sending more money over than was definitely -- and that's right, right? am i getting it? >> that's my understanding. >> as you know, supervisor mandleman that has happened where the bla will recommend and back to money in our own reserve. so, indeed, you are correct, that this is our budget and finance committee reserve and this has been, i think, suggested, i'm assuming, by the bla, that we would hold this in reserve and so, this is what is coming back for, the release of the funds and i do think that supervisor walton's question, though, is even if we decide to vote on this today to release the funds from our own reserve in the puc, is there another fund that helps to pay for these sort of expenses? is that correct, supervisor walton? >> correct, or would even allow for revenue to be released for these expenses. >> sure. so i think that what he is -- correct me if i'm wrong -- we were wondering, there is a timeline for this or th

i'm standing you chair of the budget budget and finance committee i'm joined by supervisor shamann walton and rafael mandelman. madam clerk, do we have any announcement? >> due to the covid-19 health emergency, city employees and the public, board of supervisors and committee room are closed. committee members will attend the meeting via video conference and participate in the meeting. public comment will be available on each agenda. both channel 26 and sfgovtv.org are streaming the number across the screen. each speaker will be allowed two minutes to speak. when your item comes up, dial star 3 to be added to the speaker line. speak clearly and slowly and turn down your television or radio. you will submit following in either of the following way, email to me, the budget and finance committee clerk. if you submit public comment via email, it will be forwarded to supervisors and will be included as part of the official file. this concludes my announcements. >> supervisor fewer: thank you very much. can you please call number one. [agenda item read] members of the public who wish to provide

but the reserves we're asked to dip into is a budget and finance committee reserve because the budget and finance committee has not previously wanted to be sending more money over than was definitely -- and that's right, right? am i getting it? >> that's my understanding. >> as you know, supervisor mandleman that has happened where the bla will recommend and back to money in our own reserve. so, indeed, you are correct, that this is our budget and finance committee reserve and this has been, i think, suggested, i'm assuming, by the bla, that we would hold this in reserve and so, this is what is coming back for, the release of the funds and i do think that supervisor walton's question, though, is even if we decide to vote on this today to release the funds from our own reserve in the puc, is there another fund that helps to pay for these sort of expenses? is that correct, supervisor walton? >> correct, or would even allow for revenue to be released for these expenses. >> sure. so i think that what he is -- correct me if i'm wrong -- we were wondering, there is a timeline for this or th

i make the motion to continue this item until the next budget and finance committee. can i have a roll call vote please? >> on the motion, supervisor walton. >> aye. >> supervisor mandelman? >> aye. >> chair fewer? >> yay. >> thank you very much. please call item 14. >> item 14 resolution retroactively authorizing the department of public health to accept and expend a grant in the amount of $883,,000 from the california department of public health for participation in a program entitled "sexually transmitted disease program management and collaboration for the period july 1, 2019 through june 30, 2024." members of the public who wish to provide public comment should call 408-418-9388. please wait until the system indicates you have been unmuted and you may begin your comments. >> superviser fewer: thank you very much, madam clerk. today we have with us dr. susan phillip from the department of public health. doctor, the floor is yours. >> thank you very much, chair fewer. thank you, supervisors walton and mandelman. thank you. i am coming today to talk about this grant

but the reserves we're asked to dip into is a budget and finance committee reserve because the budget and finance committee has not previously wanted to be sending more money over than was definitely -- and that's right, right? am i getting it? >> that's my understanding. >> as you know, supervisor mandleman that has happened where the bla will recommend and back to money in our own reserve. so, indeed, you are correct, that this is our budget and finance committee reserve and this has been, i think, suggested, i'm assuming, by the bla, that we would hold this in reserve and so, this is what is coming back for, the release of the funds and i do think that supervisor walton's question, though, is even if we decide to vote on this today to release the funds from our own reserve in the puc, is there another fund that helps to pay for these sort of expenses? is that correct, supervisor walton? >> correct, or would even allow for revenue to be released for these expenses. >> sure. so i think that what he is -- correct me if i'm wrong -- we were wondering, there is a timeline for this or th

scandal at the bundestag what's been happening there bring us up to speed there is a special finance committee hearing behind closed doors that's taking place this afternoon where the finance minister and the economy minister have to answer questions and lawmakers have said that there are a lot of unanswered questions that need. says because they say the whole scandal risks undermining germany's credibility on the financial markets as a whole so they want to know just who knew what when and who didn't do their jobs properly both on the side of the government but also on the regulatory authorities and you know what could the fallout be for america's government. the scandal is potentially toxic for the german government because both the finance ministry and the chancery have been in contact with manages off the company all their representatives finance ministry documents show that all of sides the finance minister was informed of misconduct suspicions at wired in february 2019 and still the scandal only broken june this year also i'm glad machall the chancellor travel to china in the autumn last

i make the motion to continue this item until the next budget and finance committee. can i have a roll call vote please? >> on the motion, supervisor walton. >> aye. >> supervisor mandelman? >> aye. >> chair fewer? >> yay. >> thank you very much. please call item 14. >> item 14 resolution retroactively authorizing the department of public health to accept and expend a grant in the amount of $883,,000 from the california department of public health for participation in a program entitled "sexually transmitted disease program management and collaboration for the period july 1, 2019 through june 30, 2024." members of the public who wish to provide public comment should call 408-418-9388. please wait until the system indicates you have been unmuted and you may begin your comments. >> superviser fewer: thank you very much, madam clerk. today we have with us dr. susan phillip from the department of public health. doctor, the floor is yours. >> thank you very much, chair fewer. thank you, supervisors walton and mandelman. thank you. i am coming today to talk about this grant

but the reserves we're asked to dip into is a budget and finance committee reserve because the budgetmittee has not previously wanted to be sending more money over than was definitely -- and that's right, right? am i getting it? >> that's my understanding. >> as you know, supervisor mandleman that has happened where the bla will recommend and back to money in our own reserve. so, indeed, you are correct, that this is our budget and finance committee reserve and this has been, i think, suggested, i'm assuming, by the bla, that we would hold this in reserve and so, this is what is coming back for, the release of the funds and i do think that supervisor walton's question, though, is even if we decide to vote on this today to release the funds from our own reserve in the puc, is there another fund that helps to pay for these sort of expenses? is that correct, supervisor walton? >> correct, or would even allow for revenue to be released for these expenses. >> sure. so i think that what he is -- correct me if i'm wrong -- we were wondering, there is a timeline for this or this can be contin

. >> i want to show our viewers with senate finance committee chuck grassley, republican of iowa, had to say yesterday about the justification for changing the current on appointment assistance formula. >> regardless of the boosted on appointment benefits is significantly more then democratic senate and democratic president approved in the 2009 economic crisis which, by the way, was only $25 a month addition when we had the worst recession in this country since the great depression of the 1930s so i am hearing people cry just a few minutes ago about our not doing enough. it does not make sense to do what we knew we were doing wrong but we had to do it to get help out to the people who are unemployed when for the last four months we were paying out of the federal treasury $600 a month in addition to what each state would pay for those unemployed. >> senate, your reaction to the senator. >> sure, there is a lot to impact. the senator is correct that in the great recession congress passed the $25 a week to on a plummet insurance benefits. i think we are in a different situation today. we

scandal has also called into question the role of germany's financial regulator the government's finance committee is set to hold a special hearing on wire cards next week. sky watchers the world over have been out in force for some weeks to catch a glimpse of the new wise comment it's currently about as bright as the north and can be seen with the naked eye is expected to make its closest approach to planet earth on wednesday night before returning to deep space. when comets come too close to the sun their ice evaporates. this shoots massive dust particles into space and creates shimmering clouds. because of these glowing particles you can see the comet without a telescope. the astronauts on the international space station also follow this unusual drama as they orbit it at around 400 kilometers above the earth. it was just awesome sight to be able to see all these changes are just examples of our world around us it's not a stagnant place continues to change it continues to evolve and you know part of our job is to capture capture that change and share it with people. on july 23rd the comment will

but the reserves we're asked to dip into is a budget and finance committee reserve because the budgetnd finance committee has not previously wanted to be sending more money over than was definitely -- and that's right, right? am i getting it? >> that's my understanding. >> as you know, supervisor mandleman that has happened where the bla will recommend and back to money in our own reserve. so, indeed, you are correct, that this is our budget and finance committee reserve and this has been, i think, suggested, i'm assuming, by the bla, that we would hold this in reserve and so, this is what is coming back for, the release of the funds and i do think that supervisor walton's question, though, is even if we decide to vote on this today to release the funds from our own reserve in the puc, is there another fund that helps to pay for these sort of expenses? is that correct, supervisor walton? >> correct, or would even allow for revenue to be released for these expenses. >> sure. so i think that what he is -- correct me if i'm wrong -- we were wondering, there is a timeline for this or this

scandal has also called into question the role of germany's financial regulation the government's finance committee is set to hold a special hearing on wire cards next week. in south africa the number of corona infections is growing rapidly with the country reporting $570.00 deaths in the last 24 hours the highest during the pandemic since the end of march the country has implemented one of the world's strictest lock downs but it's having severe economic consequences not least for the food and restaurant industry many in the sector now fear that hundreds of thousands of jobs could be lost our correspondent at the un krishna reports from cape town. a 1000000 seats on the streets this is how restaurants call the biggest ever united protests in the history of south africa's restaurant industry when the center of capes on brie street normally it's really was promised but at the moment you can see it's business move tables and chairs on the streets to protest against the current looked on regulations and to highlight the plight of the industry many are disappointed and angry. and we haven't had an incom

i make the motion to continue this item until the next budget and finance committee. can i have a roll call vote please? >> on the motion, supervisor walton. >> aye. >> supervisor mandelman? >> aye. >> chair fewer? >> yay. >> thank you very much. please call item 14. >> item 14 resolution retroactively authorizing the department of public health to accept and expend a grant in the amount of $883,,000 from the california department of public health for participation in a program entitled "sexually transmitted disease program management and collaboration for the period july 1, 2019 through june 30, 2024." members of the public who wish to provide public comment should call 408-418-9388. please wait until the system indicates you have been unmuted and you may begin your comments. >> superviser fewer: thank you very much, madam clerk. today we have with us dr. susan phillip from the department of public health. doctor, the floor is yours. >> thank you very much, chair fewer. thank you, supervisors walton and mandelman. thank you. i am coming today to talk about this grant

committee members. thank you for hearing this item. i'm from the office of public finance. first in context, in november 2014, the city voters approved proposition a, general obligation bond. prop a authorized the city to issue up to $500 million in general obligation bonds to implement a wide range of transportation infrastructure repairs and improvements. earlier in the presentation, you saw the various categories of projects to be funded through the bond program. also on the earlier slides, you'll note that from the total authorization, $241 million has been issued to date, which leaves $258 million unissued from the prop a program. we're proposing to issue up to $140 million of the remaining authorization here for the third issuance in the program to fund an expected $1334 million -- $134 million in projects, plus issuance costs as shown in the slide. mta just presented the plan projects. i'll be speaking to the fiscal impacts. next slide, please. the final numbers will vary somewhat based on conditions at the time of pricing, but based on market interest rate of 3.75 e

committee members. thank you for hearing this item. i'm from the office of public finance. first in context, in november 2014, the city voters approved proposition a, general obligation bond. prop a authorized the city to issue up to $500 million in general obligation bonds to implement a wide range of transportation infrastructure repairs and improvements. earlier in the presentation, you saw the various categories of projects to be funded through the bond program. also on the earlier slides, you'll note that from the total authorization, $241 million has been issued to date, which leaves $258 million unissued from the prop a program. we're proposing to issue up to $140 million of the remaining authorization here for the third issuance in the program to fund an expected $1334 million -- $134 million in projects, plus issuance costs as shown in the slide. mta just presented the plan projects. i'll be speaking to the fiscal impacts. next slide, please. the final numbers will vary somewhat based on conditions at the time of pricing, but based on market interest rate of 3.75 e

this is the july 21, 2020 special budget and finance committee meeting. i'm standing you chair of the budget budget and finance committee i'm joined by supervisor shamann walton and rafael mandelman. madam clerk, do we have any announcement? >> due to the covid-19 health emergency, city employees and the public, board of supervisors and committee room are closed. committee members will attend the meeting via video conference and participate in the meeting. public comment will be available on each agenda. both channel 26 and sfgovtv.org are streaming the number across the screen. each speaker will be allowed two minutes to speak. when your item comes up, dial star 3 to be added to the speaker line. speak clearly and slowly and turn down your television or radio. you will submit following in either of the following way, email to me, the budget and finance committee clerk. if you submit public comment via email, it will be forwarded to supervisors and will be included as part of the official file. this concludes my announcements. >> supervisor fewer: thank y

wyden:: thank you, senator schumer, and particularly for doing this in such a timely way to read finance committee has been looking at the republican upposal, and if i can sum it in a sentence, the republican ofposal is a textbook case total indifference to human suffering. and with respect to the unemployment issue, which, of course, has been a lifeline for millions of americans, the americans who walk this economic tight rope, always trying to balance the rent bill against the grocery bill, the grocery bill against the cost of their reality, here's the those people face. say you were a server in a restaurant that, for years, has done pretty well. thegot laid off, but then restaurant said, you know, we are going to try to make it, and you got called back to work, but you got laid off the second time when virus cases exploded. said, we areaurant closing for good. seeing small business after small business across america closing their doors for good. thatis republican argument all these workers, they just don't want to work, and of course it's essentially against the rules to turn down a job if you

so i am joining with my colleague, ranking member wyden of the senate finance committee, to introduce a bill that will both, a bill that will serve as both a short term to this solution and a bold long-term strategy to keep americans working, american workers and the american economy afloat. and i thank senator wyden for his help and senator bennet for his help. together we have put together a very strong piece of legislation. our bill, the american, the schumer-wyden american workforce rescue act would do something very simple. it would tie the extension of enhanced noit -- unemployment benefits to economic data, not arbitrary political deadlines. as long as unemployment remains over 11% enhanced benefits will stay in place. when unemployment goes down, the benefits will phase out appropriately. this automatic stabilization for unemployment benefits would be one of the first programs of its kind. but at its core, this policy is basic common sense. when americans truly need the benefits, the benefits will be there. and when the economy gets better, those enhanced benefits will be redu

one of the provisions in the finance committee on the tax side of this is to increase the deduction for meals, business meals, from 50% to 100%, that will encourage more folks to spend more money in restaurants whether it's takeout, eat in in the limited space in some states. that will provide millions of dollars that will increase the number of hours worked by the wait staff and number of hours by folks working in the kitchen. if we'ring for the way to help the hardest hit individuals in this nation. one. best sectors to focus on is the restaurant sector and this is the pro vision that i'm talking about. about. >> we'd like to draw attention to one of the-- actually two of the consequences of the covid crisis that deserves that attention and perhaps don't have as much public awareness as i think they ought to. one is, as a result of the covid crisis, we're seeing the trust funds for medicare and social security approach insolvency on a much more rapid timetable than we anticipated and secondly, we're adding up a lot of debt. we're going to have over $27 trillion of debt and that debt r

it is outrageous i want to stop it now here is what i need from the finance committee. we never got such a call. >> that is before i was confirmed as you are aware. >> i understand that. but when you learned about it why didn't you call the chairman and i and say let's stop this? >> we are stopping it. >> no. you are doing various things with budgets and the like and i'm interested to hear it but a specific question. when you learned about this , it seems to me it is priority business. billions and billions of dollars and you won't find time to go after folks of the earned income tax credit? why didn't you call up chairman hatch and i to say we have to do something about it now? in my view this should have been a call made almost two years ago. why didn't you do that? >> and i tell you what we are doing. i will call you. >> commissioner, first i want to know, why when you saw this going on shortly after you were confirmed why you didn't stay to this committee and a bipartisan basis i have to stop this. answer that person tell me what you are doing now. >> shortly after

has been accused of fraud another executive has fled to russia so the german parliament's finance committee will be questioning senior government ministers today in the hopes of finding out more. why are card once a golden child of german finned tech now a by word for criminality and $29000.00 allegations began america in the financial times that executives were cooking the books not only did the authorities turn a blind eye they went after the reporters but the truth is that wire cards dizzying ride was too good to be true. the farm's model was to set up contracts between retailers and credit card issuers banks and online payment systems like pay pal saving retailers time and money. but why are card never around as much as they say the dead for years former c.e.o. marcus brown and at least 2 other managers manipulated the balance sheets on a massive scale lino stand accused of fraud embezzlement and market manipulation. in the recent us. working together the suspects began negotiations on various loans and with investors well knowing that 1900000000 euros in assets a quarter of the balance

john: i did, i got to be cochairman of the illinois finance committee with a friend.e worked for penny pritzker, and that was a magical thing to to be involved with on the ground floor. once he was elected president i got to be cochairman of the inauguration, and that was special. and it was really special when he first got elected, we were the temporary transition headquarters at ariel. so for three days he was there helping to form the government. that i will never forget. david: you helped him in his campaign, he is using your offices in the transition. did he offer you a job and why did you not take it? john: we never really had that conversation. i love investing, and i love our business and i have a great team, as i mentioned earlier, at ariel, so there was never a thought i would go to washington. david: are you worried about a recession in the near future? john: i am not worried about a recession. warren buffett always says that last century the dow started 66 and ended at over 11,000. and we had two world wars, a great depression, and presidents assassinated

to recuse himself from decisions around the program and on thursday faced a house of commons finance committeee charity‘ with the program was made independently. we charity received no preferential treatment, not for me, not from anyone else. the public service recommended we charity and i did absolutely nothing to influence that recommendation. i didn't even know it had been made until may the 8th. and when i learned that we charity was recommended, i pushed back. i wanted to be satisfied that the proposal that we charity delivered the cssg had been properly scrutinised. there's growing scrutiny around the pm — and for more on exactly what this will mean for him, i'm joined by cbc political host, vassy kapelos, who's in ottawa. justin trudeau spoke for about 90 minutes, so quite a long bit of testimony. is it going to be enough to satisfy his critics? he certainly hope so and the people around him do as well. it was a bit of a spectacle here in canada, the prime minister of our country basically grilled for an hour and a half by opposition mps about how they characterise an ethical lapse by h

rescheduled budget and finance committee meeting. i'm sandra lee fewer, chair of the finance and budget committee. i'm joined by committee members supervisor walton and mandelman. our clerk is sandra wong. i would like to thank sfgovtv for broadcasting this meeting. madame clerk, any announcements today? >> clerk: yes, due to the covid-19 health emergency and to protect board members, the committee room are closed, however, members will be participating in the meeting remotely. the media through video conference and parti

here is what i need from the finance committee. we never got such a call. mr. rettig: that report addresses a time before i was confirmed. sen. wyden: i understand, but when you learned about it, why didn't you call the chairman and i and say, let's stop this? mr. rettig: we are. sen. wyden: no, you are doing various things with budget and the like. i'm interested in hearing it, but i'm asking you a specific question. when you learned about this, it seems to me this is priority business. we are talking about billions of dollars. you all can find time to go after folks who could get the earned income tax credit. why didn't you call up chairman hatch and i and say, we have to do something about it now? in my view, this should have been a call made almost two years ago. why didn't you do that? mr. rettig: can i tell you what we are doing? you -- like to tell sen. wyden: commissioner, i want to know first why, when you saw this going on shortly after you were confirmed, why you didn't say to this committee i have got to stop this? answer that first. then tell me wh

at a hearing that i testified at at the senate finance committee, only side -- one citation have been issued in health and safety --response to

vonnie: and the senate finance committee is evaluating a possible payroll tax cut, right?an: there is speculation about whether or not that will come into the bill. as of the moment but the senate left washington to go back to their states, the payroll tax cut was out. they were not going to do that. but there is speculation that there might be a way to get it back in, that is something they're working on. you can see these details are being ironed out even to what we expect will be the last minute when this will be unveiled on monday. dan, thank you. on why, jim o'sullivan economic data is showing a couple of different paths forward. this is bloomberg. ♪ vonnie: this is bloomberg markets, i am vonnie quinn. we have seen data points pointing to deterioration in the economy. and joining us to make sense of o'sullivan.s jim what can we say about the u.s. economy right now from what we know, everything from what ceos are telling us to the high-frequency data. hugeobviously there was a collapse in the second half of march and into april, and a strong rebound in may and june. a

rescheduled budget and finance committee meeting. i'm sandra lee fewer, chair of the finance and budget committee. i'm joined by committee members supervisor walton and mandelman. our clerk is sandra wong. i would like to thank sfgovtv for broadcasting this meeting. madame clerk, any announcements today? >> clerk: yes, due to the covid-19 health emergency and to protect board members, the committee room are closed, however, members will be participating in the meeting remotely. the media through video conference and participate in the meeting to the same extent at -- the each item on the agenda, and sfgovtv are streaming the number across the screen. each speaker will be allowed two minutes to speak. you can call (415) 655-0001, meeting i.d. 1451400281. then press pound twice. then you will hear the meeting discussions. your item of interest comes up, star needs to be added to the speaker line. speak clearly and slowly and turn down your television or radio. alternatively, public comment in either of the following ways, e-mail to myse

chairman of the finance committee. we have the proposal from the republicans and it is a big gap.an they overcome that? >> they will, because they have to. but there is tension. obviously not only between the democrats and republicans. but there is also a lot of tension in the republican party between the liberals and conservatives. it is such an increase in our natural debt, making it hard to reach a compromise between speaker pelosi and mitch mcconnell in the white house. they will get it done because they have to. the company is in dire shape. major you not only were a leader in the united states senate. you also ran for office successfully. we have an election coming up in november. how can someone afford to leave it short when it comes to stimulus of the economy given how many people are unemployed and about to lose their houses perhaps because they cannot pay the rent? >> well, they can't. the first rule of almost every member of congress is to get reelected. do whatreelected, you the people back home want you to do. they are frightened, scared. they are either sick or afrai

it's my understanding that it would be good to move this item to the budget finance committee to shore it up with the other tax measures. like to make a motion to send this item to our budget and finance committee. >> supervisor ronen: okay, if we can have a roll call vote on that motion. >> on the motion to defer this matter to the budget and finance committee. [roll call] the motion passes. >> supervisor ronen: thank you so much. can you please read item number two. >> [agenda item read] >> supervisor ronen: thank you. do we have supervisor preston, the author of this measure with us today? we do not. maybe while we wait for him unless my colleagues have comments, we can open this up for public comment. >> members of the public who wish to provide public comment on this item should call (408)418-9388 to meeting i.d. is -- please wait until the system indicates you have been unmuted and you may begin your comment. are there any members of the public to speak at this time? >> there are currently three callers in the queue. >> supervisor ronen: every caller will have one minute to speak

what we wrote in the finance committee, and secretary mnuchin signed off it. per week and finally, nobody talked about in the 1920s, a workers of part-timers and independent contractors, they got a fair shake. the reason this is so important to supercharged those benefits and what we feel so strongly about doing it now with $600 per week. people can make rent. they pay groceries. when all these folks i work. we learned again about thousands and thousands of more workers in every part of the country. they got hit again. jobless americans receive unemployment benefits, it becomes one of the biggest booster shots for the market economy. it received unemployment benefits. expended on food and car payments and rent. expended on medical bills. it's part of the gross domestic product. it makes no sense to take the support away as to the senator from wisconsin cease to do. 1.4 million people filed from the planet benefits before the pandemic. it never crossed 700,000 and sing a week, but even during the great recession. they now been 20 million prior 19 straight weeks

. >> reporter: kimberly guilfoyle is the national chair of finance committee 2020 and president's sononald trump jr.'s girlfriend. sources confirming to cnn on friday night that she tested positive before she was slated to attend the event at mt. rushmore friday night. sources saying that kimberly guilfoyle was not with the president, had not been in recent days, and donald trump jr. has so far tested negative for coronavirus. the news was first reported by "new york times" but just latest individual in proximity to the president, including additional staff who have also tested positive. campaign staff who have tested positive in recent weeks. kimberly guilfoyle has played a prominent role in president's campaign, spotted at event in tulsa, oklahoma, two weeks ago, jeremy diamond, cnn, washington. >> donald trump jr. has tested negative so far but self-isolating and cancelling upcoming events as precaution. he and guilfoyle have been with a lot of campaign donors in recent days. >>> u.s. has reported more than 50,000 new cases for third straight day. another country closing in on 2.8

he is the chair of the senate finance committee. this.l get his take on plenty to discuss with the senator. what are the parameters we are working with here when it comes to the next round of stimulus out of washington? alix: the narrative at 8:31 is that the economy is in good shape, that was what president trump said in his victory last at 9:30. >> it is coming up extremely strong. we have some areas where we are putting out the flames or the fires, and that is working out well. alix: joining us now is constance hunter, kpmg chief economist. if you were to describe the economy, is it roaring back? what is it? jobsance: with 34% of the lost in march and april have i think ato that reverent would be 75% of the jobs coming back. 34% of the jobs coming back is a reasonable expectation given what is happening on the ground with the progression of the virus. when we break that down into different sectors, at least either biggest return it bottom in a fracturing. second-biggest return into -- in auto manufacturing. second-biggest return

. >> is finance committee chairman, i look forward to introducing further assistance to individuals. >> conservative republicans are concerned about the cost as the government does not actually have the money for $1 trillion reward package and it would be added to the national debt. democrats have the opposite view and say it does not go far enough. >> from what we know it will not include rental assistance or extend the moratorium on evictions >> here are a couple places where the $1 trillion plan and democrats $3 trillion here is act differ. republicans propose $16 billion for testing and democrats offer 75 billion. democrats want to extend the $600 unemployment bonus that ends next week and republicans are considering 70% wage replacement but don't want people making more on unemployment than they do on the job. >> we are not going to pay people more to stay home. >> steve mnuchin said the payroll tax cut will not be included in the bill and president trump previously said that was a priority. >>> santa cruz county reporting injury despite increasing coronavirus cases. two thirds

at a hearing when i testified in the senate finance committee, only one citation had been issued on health and safety in response to the tens of thousands of complaints coming in in response to the pandemic. we have to keep the virus from spreading. that is what is going to save the economy. without basic health and safety standards, i do not understand how that gets accomplished. on twitter from diana who says this -- my unemployed 27-year-old daughter lives at home's has a covid payment that has to be paid, car insurance, cell phone, gas, etc.. let's get to tom who is in ohio. caller: hello. host: you are on the air, tom. go ahead. caller: good morning. first, i want to say that trump had stopped all visitors coming from out of the country in here as soon as he heard about the pandemic, first off. second off, i am retired, 73 years old and i have been working two jobs since 1983. i go out and i look for work, and i right now have been working through the pandemic as a cleaner, and the companies i strict., they are very they take your temperature before you even enter the process. we have

i'm standing you chair of the budget budget and finance committee i'm joined by supervisor shamann walton and rafael mandelman. madam clerk, do we have any announcement? >> due to the covid-19 health emergency, city employees and the public, board of supervisors and committee room are closed. committee members will attend the meeting via video conference and participate in the meeting. public comment will be available on each agenda. both channel 26 and sfgovtv.org are streaming the number across the screen. each speaker will be allowed two minutes to speak. when your item comes up, dial star 3 to be added to the speaker line. speak clearly and slowly and turn down your television or radio. you will submit following in either of the following way, email to me, the budget and finance committee clerk. if you submit public comment via email, it will be forwarded to supervisors and will be included as part of the official file. this concludes my announcements. >> supervisor fewer: thank you very much. can you please call number one. [agenda item read] members of the public who wish to provide

go to today's budget and finance committee agenda. click on the link to item 4 and look for the document link title "summary of amendments". so, for the first set of amendments that are about -- really about affordable units. while the development agreement includes affordability restrictions, the terms were capped at 57 years. it has always been the intent of the affordable housing to be permanently affordable. i also recognize the importance of keeping the land underneath the affordable housing part of the city, city's portfolio, especially if we are providing funding for them. so those are two elements that we're seeking amendments on. therefore, we are making changes to require that the development dedicate three affordable parcels back to the city by deeding it back to the city. the parcels will then be released back to the developer to operate similar to other mayor's office of housing projects with permanent affordability outcomes or restrictions. when it comes to educator housing affordability restrictions, we will be -- we wa

two-thirds of the senate finance committees. and yet, at a time when americans are struggling to afford rent and groceries, my colleagues across the aisle suddenly chose to drop their support for this bipartisan drug pricing reform bill that they helped write. let me make that clear. the democrats helped write the bill with senator grassley. those that sat on the finance committee approved this bill last year. this year, they are refusing to assist my senior senator, chuck grassley, in moving forward a bill they helped write. that begs the question what changed? what changed over the course of one year? and do you know what, folks? that's exactly what happened. it was the year. 2020 is an election year, and that means washington is not focused on solutions. it's all about the political scoreboard. we've seen it already this year with our friends across the aisle blocking us from even debating the justice act, the police reform bill that contained about 70% of what our democratic colleagues were asking for in police reform. iowan