income renter households paying at least half of their income toward their rent each month, and many were paying much more, 60%, 70%, 80% of their income, just to keep a roof over their head. when you have so much limited income and pay so much toward are always one financial emergency away from potentially missing rent, being evicted, and worse case, becoming homeless. for many of these same renters, the coronavirus has been that financial emergency. aty have lost jobs, hours work, wages. it is hard for them to cobble together what they need to make rent. host: when was the eviction moratorium passed in congress and when does it expire? act,: the c.a.r.e.s. enacted on march 27, included limited federal eviction moratoriums. those moratoriums covered 30% of renters throughout the country. renters who live in homes directly subsidized by hud, public housing, voucher holders, credit unions, or renters who live in properties where the mortgage is backed by fannie mae or freddie mac. altogether, that is 30% of renters protected under this federal eviction moratorium. in addition, there h

and without rental income coming in. and congress must also appropriate $100 billion in emergency rental assistance. and allows the small landlords and with that housing stock i don't want to lose that with the crisis. >>host: are properties governed by state regulation are there any federal regulations and protections in place nationwide? >> one of the moratorium was put in place under the cares act and they expired two weeks ago. there are some state and local eviction and moratoriums in place but they are expiring rapidly. >>host. >> i'm having a hard time the only time when the president and canada and i can't find a place to live. my husband died 2004. i am 80 years i old. had will pay for it. so what do we pay taxes for? the common care destruction. nobody wants to help nobody black or white. and you cannot get no help. >>host: diane yentel? >> i'm so sorry to hear about the loss of your home. that's terrible. i hope you can find someone locally with assistance. and that eviction crisis i'm thinking of right now an

jobs at growing income.ou are going to have other states play into that factor, but exactly what you would expect to see a state in the top five is going to have. there are so many other factors at play. we only capture 15 of them and we could measure 1000. there will be a degree of difference, but that is such a tiny degree. we are just very proud of how utah has done on a outlook and performance side. >> jonathan, would you tell him about the chapter that we had four or five issues ago where you compared the outlook rankings with actual performance rankings over time and how close that was? >> that is a great point. we had the former vice president research the san francisco fed say what is the outlook, performance, and what happened. you have a few outliers here or there as you would with any other broad study. we saw a good relationship over time between outlook and performance. especially after you correct for certain factors. there are going to be outliers. oregon is an outlier that it does fairly well

african american income is about 60% of white income. well for african americans is about 7% less than white what health. most people gain their wealth through housing. this is an enormous difference between 60% income ratio and 5% wealth ratio. that is almost entirely attributed to unconstitutional federal housing policy that was practice in the 19 thirties forties and fifties. the wealth gap was attributable to segregation. >> interesting. it is wonderful how you synthesize this history, where you have african americans confined to one track of housing and white americans are gifted a another track. it's a way to build well for one group. states -- states subsidize this opportunity. not private, this was a state subsidized opportunity. i wonder which african americans were excluded from, i agree with you in terms of consequences being profound, but it begs the question why? >> why was this done? >> that is a difficult question to answer, that's not what researchers, that's not the papers or the archives. i can speculate. that is someth

income senior housing. what we did. we had a small campaign, put together to get bond money to build some senior housing and to apply senior operating subsidies to those who needed it. we included money to build housing for people with disabilities and families with extremely low income. certainly on a related subject. the a.m.i. metrics from the mayor's office on housing that tries ttries to align householde and income with affordable housing needs reworked to fit reality. the recently released report from the supervisors budget and legislative analyst says the city needs 9300 affordable housing units or three times the number of approved units in the city's pipeline just to keep up with the rise of low wage jobs expected in the city over the next six years. certainly any resemblance of social and racial equity strongly supports that housing. let's focus on affordability. i stand with those and so does the senior disability action to focus on affordability. thank you. >> next speaker. this is for 4 and 5 o

but not just to fixed income.at equities, real assets, look at alternatives, and risk adjust those returns. we are looking at more of a balanced approach, and taking on . little bit more credit risk we have taken credit risk in investment grade and recently rated to favorable our high-yield stance as we think there are some opportunities there. lisa: you upgraded to high-yield at a time of possibly record bankruptcies? please explain. george: that is a challenging message, but there are some short-term challenges within the market, be at the idea of the elections, the longer-term elections, fiscal stimulus. , businessesg haul are a spot in the economy that you should start changing and looking out over the long term. even with increased potential defaults, we still think there are opportunities now. a lot of the money have been made with the ccc's actually compressing. we think you stay up in the higher grade of high-yield, specifically the double be -- and you have to actively look at these sectors, be very secto

income.th my regular i have a friend working at lowe's. when the $1200 checks went out, they recorded black -- they reported black friday numbers. people had money to spend and ran to the stores and spent it. ising to open businesses kind of like supply-side economics. yourpen your business, overhead continues and you may or may not have any customers. we need to control the pandemic. before that flu vaccine we open the stores, before we open our businesses. if you don't feel safe, stay home. thank you. in clemmons, north carolina, republican line. caller: thank you for taking my call. i just wanted to comment on the stimulus. i feel like the holdup is the -- toats wanting to add this bill. it seems like every time there is a bill brought up where you pay out money, they want to add something to it that has nothing to do with the basic bill. thank you for taking my call. host: thank you, carolyn st. louis, democrats line -- carol in st. louis, democrats line. caller: i think a great compromis

extremely low income folks under 30% of area median income. who are they? thousands of low wage essential workers, families of color yous r under popty line, 75,000 social security seniors and others priced out of housing and tax credit housing and closed out of private public housing and sros. the second trend is that city agencies are excluding those with the greatest need. by reinventing the definition of affordable. planning does it when they include the units when we know new a.d.u.s start at market rate. they push affordable to incomes higher and higher. planning does it when they go to 5,000 affordable units in 10 years with 120 for the extremely low income. zero for 2019. we have no extremely low category. the reports show we will never achieve racial and social equity. we will never adequately house the people with greatest need until we stop reducing affordable housing. that is deeply affordable housing. that need is growing. the voices are getting louder. thank you very much. operator: next speaker, please. >> caller: this is stewart flash man sp

income in this country. unfortunately these studies lag timewise. their conference have been difficult to do but studies of income mobility from 199,016,005. out that we have a great deal of income mobility. it divides income into five quintiles and from that study what you find is half of the taxpayers during that tenure period move from one quintile to another. you find that half of the people in the bottom quintile of income during the tenure period move up to a higher quintile income which i think you wouldn't normally believe if you were just listening to the inequality debates today and then even a fourth of the people in that top quintile dropped out. there is even mobility going down. it's not like the upper 1% as they always call them get their and stay there. even they experience mobility so it's sort of forks up and down the scale. that's really the question we should be asking about income. our people in this society still able to find their place and move up and down and the evidence suggests th

it's already a mixed income community. we know that some of the things on the screen -- maybe we'll come back to them in conversation -- are what mixed income communities, if done well, could contribute to our effort to create cities and neighborhoods more inclusive and equitable. i love the quote that was used to open the meeting today from the late congressman john lewis, that included a reference to extraordinary vision. man, if we want to look anywhere for extraordinary vision, look no further than treasure island. we're more blown away when we learn what you have ahead now. some has been a vision for decades. some still unfolding. but it's an incredible vision to bring together a community of people from such a wide span of income levels and of backgrounds and cultures and of races and other forms of difference. we are -- we're tremendously excited by that vision. we are daunted by the realities of what it will take to pull that off. and our research -- and we're building on 15 years of research across the country now

income for 2020 and forward. heather covered a good portion of these things. it is going to sound like i am going to sound like a half broken record. >> you can never hear this stuff enough. >> the traditional 401-k. what is that? did i lose you? >> you are fine. i was saying you can never hear this information enough. >> i listed on the different accounts like your biggest at the top going down. use traditional 401k has an annual limit as of $19,500 depending on your age you may qualify for catch up contributions. she mentioned workplace retirement plans. what if you are self-employed are these available to you? the answer is yes. there is a range of plans. if you want be the higher 401-k limit, especially if you are a solo entrepreneur or small business plan in the sense it is you and spouse working together in a business. consider setting up a solo 401-k for higher limits. this is the traditional ira. individual retirement account. you set it up not so much with an employer separately. this is something that e

whoave low income workers -- we call them low income workers and now they are essential workers. they have been going to work, exposing themselves to the virus. we see low income workers are the first ones to either be furloughed or laid off. what covid has done is just exasperated the issue that has been impacted with low income from a health perspective, and to shed light on what children and students are going through, the digital divide, the educational divide, time to learn and do remote learning is not just shown a bright light on some of the issues that are impacting low income communities today. but howunds so bleak, are renters coping and this time and how are you working with them? are in a really difficult situation and we are very concerned. we have a stalled stimulus package. we know from renters that it was the stimulus payment, the temporary unemployment benefits that help them, that had been helping them get through this economic crisis. the surveys that renters today are worried about paying their rent next month and it is those payments that have been helping th

it will be income tax for middle income and lower income people, middle income people because they pay lot of income tax. you do have tax inequality. i am saying that as a republican, you do have tax inequality. we will be looking at income tax and we will be looking at capital gains tax, cuts on both and may be substantial, and we will be reporting back fairly shortly on that. news, butg news, big very important. we want to have our jobs flourish, we want to have our companies do great and have 401(k)s, now at a level -- if you look the stock market, it is great, if you have stocks in nasdaq, you are higher than you ever were, and this is still during the pandemic, the stock market because they see such incredible things happening, smart people, the stock market is almost at an all-time high. we are just a short of it and nasdaq is higher than it ever was. it has broken a record 14 times in the last couple of months. 401(k)s are doing fantastically. i hope you kept your socks and did not sell -- stocks and did not sell and i hope you had confidence in your president and confidence tha

extremely low income folks under 30% of area median income. who are they? thousands of low wage essential workers, families of color yous r under popty line, 75,000 social security seniors and others priced out of housing and tax credit housing and closed out of private public housing and sros. the second trend is that city agencies are excluding those with the greatest need. by reinventing the definition of affordable. planning does it when they include the units when we know new a.d.u.s start at market rate. they push affordable to incomes higher and higher. planning does it when they go to 5,000 affordable units in 10 years with 120 for the extremely low income. zero for 2019. we have no extremely low category. the reports show we will never achieve racial and social equity. we will never adequately house the people with greatest need until we stop reducing affordable housing. that is deeply affordable housing. that need is growing. the voices are getting louder. thank you very much. operator: next speaker, please. >> caller: this is stewart flash man sp

savita: i think there's one reason to keep the income potential -- to keep the stocks, which is the income. let's think about what we learned in financial classes. you take your normalized earnings number, you apply the appropriate cost of capital. even though we get really aggressive in terms of our equity risk premium, we are assuming a full recovery back to normal by the end of next year, and a fair value model only gets 500 using0 on the s&p fairly aggressive assumptions. so we've added on a little bit extra just on the fact that sentiment is still pretty tepid on stocks, and maybe positioning could move a little bit higher. i think the reason the market is going up is simply because the income and the growth offered by competitiveis very relative to other asset classes. but once that changes, that is where i worry. if anything happens in the rates market, where rates start to offer more competitive yields in equities, i think a lot of those income investors moving to equities will go back to fixed income. if anything threatens the primacy of tech stocks, what is scary today is that te

about income inequality, what it is to be a human who wants things. that is why these books left such an impact on me. let's do one more question, 657. how do we reframe the narrative from with the corporate right has managed to frame it as? >> i don't know. >> let me pull up something that was really amazing. i have no idea, it is all you can ever do, actually i have a better answer for the question. i grew up with most of the people i grew up with were extremely conservative, very conservative. certainly don't believe in universal healthcare, think the minimum wage is fair, right to work, whatever, and i think, i think there is increasingly, there's never been time, there is no time to mess around right now and i am hardens how much more plainly people are putting things. this went around twitter, a kim stanley robinson piece in the new yorker that is just i can't find it. it is just the quicker and more directly people can call bullshit, we can't beat around the bush anymore. we never have. >> it is possible to speak more plainly, possible to say y

income housing tax credit. it is the most effective tool to produce new housing and preserve formal housing. there is also the new market tax credit. it is a way to bring in private investment capital. again, allowing communities to decide what type of critical infrastructure they need. is it more medical services? charter schools? supermarkets? very flexible and -- flexible and private capital into these areas. another one is the home program. the home program is probably the most taxable of the hud programs. it allows localities and state governments to decide what are their unique housing needs for their particular jurisdictions. there is also section eight vouchers which gives individuals a choice of where they want to live. there are a number of production programs that help on the supply side. there are also demand programs like the section eight housing vouchers that give individuals a choice. much for sharing those important thoughts with us today and for supporting today's program. we really appreciate

the numbers are out for income and spending. income up .4%.will look and see what the components of that is, because it was significantly higher in recent months because of the transfer payments from the government. last month it was down 1.1%. spending up 1.9%. it was up 5.6% in june. the forecast was for 1.6% gain. it looks like we have a significant slowing in spending in the u.s. the question is what happened with services? we knew retail sales had slowed but we did not know what happened to services spending and we are waiting for that dated across. the other number everybody wants to see is the pce deflator. personal consumption expenditure favoritethe feds measure of inflation. it is up 1%. a bit of a rebound. it was up when it percent in june. that leaves the year over year at 1%. if they are looking to get over 1% -- over 2%, they are less than halfway there. tom: i am sorry. my head is spinning with all of these numbers in you're doing a great job translating this. lisa, can i steal your insight? what is important is the lisa abramow

it will be income tax for middle and lower income people but middle-income people because they pay a lot of income tax and you do have tax inequality. i'm saying that as a republican, and you do have tax inequality, so we are going to be looking at income tax. we are going to be looking at capital gains tax cuts on both and maybe substantial. we will be reporting back fairly shortly on that. that's big news. that's big news, but very important. we want to have our jobs flourish. we want to have our companies do great. the want the 401(k)s, which are now at a level, if you look at the stock market, we have stocks -- in nasdaq, you are higher than you ever were. this is still during the pandemic. the stock market, because they see such incredible things happening, smart people, the stock market is almost at all-time -- nasdaq is higher than it ever was. it has broken the record 14 times in the last couple of months. so 401(k)s are doing fantastically. i hope you kept your stocks. i hope you did not sell. i hope you had confidence in your president and confidence that your president was

so we also heard a desire to serve more lower income households, so now, the proportion of lower income units to be provided in the project will increase from a minimum of 35% to a minimum of 50%, so in other words, moving that 1 9d93 units to 275 unitsr the very low-income. 20% of the low-income units will be provided at very, very low, between 30% and 55% a.m.i. the percent of moderate income units will be maintained at a range of 70 to 85% of moderate. moderate educator units will have a range from 70 to 130%, with an average of 100% a.m.i. any educator will be rental rate or purchase rate set above 100% of a.m.i. will have a minimum occupancy of two persons. we also put in language to serve multichildren households or multigenerational household does, and we wanted to broaden the neighborhood province area to include all new residents included in ingleside. in working with supervisor safai, we are broadening the neighborhood preference of 1.15 miles of the site to serve more residents of the ingleside neighborhood that are both in the 11 and 7. as with regard to the developer commit

income world, the fundamentals of the fixed-income world., good morning. i want to go to the 10 year and the disinflation by its. when you see a -1.04% on the tenure tips, what does that indicate? scott: as a couple things. one is that the breakeven, the spread between the nominal rate and inflation bond has risen a lot and retraced 100% of the collapse in inflation expectations we saw, so to price are negative in yield, but the spread or expected inflation protection is around 1.5% up to about 1%. despite the real rate being negative, the breakeven inflation, and expected inflation, has risen to 1.5 percent, oil prices, economic recovery, activity restart, that is all of the things that brought this to empire. tom: i know it kristin -- princeton, you have to -- do we see the nominal move up or down, or does the real rate adjust? which is the greater mover in the next months? scott: that's a great question. we focus on the tenure treasury, but that has been the -- the volatility has been low. been moreat has volatile was 30 year rates. as we

income for 2020 and forward. heather covered a good portion of these things. it is going to sound like i am going to sound like a half broken record. >> you can never hear this stuff enough. >> the traditional 401-k. what is that? did i lose you? >> you are fine. i was saying you can never hear this information enough. >> i listed on the different accounts like your biggest at the top going down. use traditional 401k has an annual limit as of $19,500 depending on your age you may qualify for catch up contributions. she mentioned workplace retirement plans. what if you are self-employed are these available to you? the answer is yes. there is a range of plans. if you want be the higher 401-k limit, especially if you are a solo entrepreneur or small business plan in the sense it is you and spouse working together in a business. consider setting up a solo 401-k for higher limits. this is the traditional ira. individual retirement account. you set it up not so much with an employer separately. this is something that e

every real income over the last decade has been stagnating in. our which contributed to a lot you know a lot of the current discontent so you don't have extreme politics but you have a wasp are getting very little ok so people aren't as well off as many feel they should be let's just briefly also talk about the country's currency because we hear that those protests are driving investors out of the country who actually are these investors who is investing in belarus. the right of ash to surprisingly because miller which has quite well you can't you do labor force if disciplined it's relatively cheap so people are investing from there from abroad most of them are russians cheney's there are also westerners. more robo before the elections bill refused to have irreparably developing i.q. sector and look at himself has introduced quite a few laws helping to develop this sector but the elections demonstrated that it's very difficult to combine our kike political system reason modern technology and now people people and businesses all even. i write will

in the form of you know gort so they aren't like incomes and then the savings that has in the whole of who are so that also drives the price of gold you know in india and actually you know buys a $100.00. $900.00 pounds of gold from the international market so for india an economy it's not a quantity because black money also means that while if you theory it also means that you know your investment is not going to productive because you know the black economy you know also drive on productive activities there are going to be a human buying of gold in india is the negative people the indian economy in london michael hewson is there an upside to any of this say for example people are buying more gold is that actually good for anybody other than the people selling gold would argue no because the simpson or the reason why gold is rising the way that it is is because people don't have any confidence in fear at currencies and ultimately politicians if you look at the problems facing the global economy at this time in pretty much since the financial crisis what kind of a 19 pandemic has do

but residents of thelums still make only half the averageouse hold incom in banok.the late 199,his wom migrated here from a rural village. >> pmanee jankup came to bangkok when s was7. with t money she bught along, she could only affordo live in e sms. she lived amo many other peoplerom her how my town whenhe met her husband. she currently les with him and eir son. he wks as a driver for a business owner while s sells send hand clothing. their family can only spend few days off togetheeach month. rent is64 u.s. a month for this h hom with a toilet in th corner othe main room and sleeping space on the second floor. wiwith the unstle income, junk l jankap and herer famy can't affordny betetter. >> the familyy liveses out tiri days jt one step from poverty. all of their house holdd electronics are hand-me-downs. despite having been the foundation for thailand's economic growth, many laborers have been left in the dust. this episode depicts the struggles of those getting by in bangkok's largest slum, klong toey. >> on the main street of klong toey is a popular second ha

middle family income in boston is 247,$000 a year. the black family in boston is $8. those types of any qualities, you have serious institutions pushing things in this direction. unable to access the financial system. a particular form of anger and moral outrage, what we see in the current process. >> you have a number of interesting proposals called policy proposals for national wealth funds, direct transfers to household income which are quite novel and provocative and persuasive, but how would that play out? the new dealer great society, we had pushes like this which get filtered through race and other kinds of biases that lead to important parts of the population not benefiting. is there a way these new proposals could get away with that. >> to take that into account, who is this group for, basically everybody with these questions, threatening a dialogue. there were a couple of fallen's -- and into normal tech. it sounded -- all the solutions that have gone on and all you need is -- it is uncertain, back into a dialogue, with these proposals that are negative. >>

and middle income countries. there will be no choice. all of you have shown just how much ingenuity and intellectual capacity and commitment has been brought to the table. i think all of the speakers who have been with us today who have been intellectual and institutional leaders in this field. thank you. peggy: thank you all. thank the panelists. thanks to you, steve, for your tremendous leadership. team.ole csis this is it. thank you all. >> president trump holds a news conference today on his administration's response to the coronavirus. watch live at 530 eastern time on c-span -- 5:30 eastern on c-span, c-span.org, or listen free on the c-span radio app. ♪ >> "the contenders,'about the men who ran for the presidency and lost but changed political history all week at 8:00 p.m. eastern on c-span. candidate james blaine. ♪ c-span has covered every minute of every political convention since 1984. we are not stopping now. this month's political conventions will be like none other in history. with the coronavirus p

a loss we must start from the assumption that the citizens income has been badly managed in italy in germany they certainly manage the better. because these people are comfortable staying at home and earning this free salary while there are people who just want to work i believe the problem was created by our government and people obviously take advantage of it. only a couple in ecuador is celebrating being crowned the world's oldest married couple after being together for nearly 80 years and the centennials have one huge family to celebrate that. i have this image of the you know it's couple of dad and mom doing everything together from the schedules of children both to help with our homework we always were celebrating birthdays and anniversaries and of course sometimes there was an argument which is normal but never in front of us. i joined him because i was in love and because he wrote very beautifully he wrote me verses and letter. of a story to end with thanks for staying with r.t. international i'll be back with more of the top stories in half. join me every thursday on the ale

increase in income and wealth inequality. over the past five months, and i hope all of you will hear this, 467 the past five months, billionaires have seen their wealth go up by some $800 billion. know, thel of you house has acted. and, what everybody should understand is that over three months ago, the house of representatives responded to the enormous pain and suffering of the american people by passing a $3.5 trillion economic relief package. the heroes act, passed by the house in may, would extend the $600 increase in unemployment benefits. it would provide working-class americans with another $1200 stimulus check. billion inovide $175 rental and mortgage assistance to prevent millions of americans from losing their homes. it would provide nutrition assistance so that so many of our seniors and people with disabilities and children will not go hungry. $900uld provide over billion for state and local governments to prevent the massive layoffs of teachers, firefighters, nurses and construction workers. it would provide haza

a loss we must start from the assumption that the citizens income has been badly managed in italy in germany they certainly manage the better. because these people are comfortable staying at home and earning this free salary while there are people who just want to work i believe the problem was created by our government and people obviously take advantage of it. after the defeat of islamic state over 2 years ago thousands of wives and children of killed or imprisoned terrorist fighters were left at able to return home and you are to documentary looks at what these families have gone through and how russian and international human rights groups have been trying to repatriate them you can watch the film here on r.t. throughout the day for now here's a preview. god has to. dance before not. you mustachios sit up and say you. know what you. can judge the tools. like teachers or the wizard i need some sleep but a close up show too much else to. eat. them by the. door push each. moment was. a jew in the state of the war since 2017 the human rights organization object has helped bring more

but i mean the lack of stuff for hotels restaurants is becoming quite critical if this is ins income is creating many problems many people prefer to take the money stayed home and don't work many people also take the money while not actually needing it. it's clear that if restaurants or other companies believe that they can exploit workers then i disagree because it's clear that if a person has to go for 12 hours and $600.00 euros a month he would probably stay at home and receive the citizens income is. a loss we must start from the assumption that the citizens income has been badly managed in italy in germany they certainly manage the better. because these people are comfortable staying at home and earning this free salary while there are people who just want to work i believe the problem was created by our government and people obviously take advantage of it. we turn to some news in brief now on sunday hundreds gathered outside a johannesburg police station to demand justice for. a 16 year old died last week after being shot in what the police say was an exchange of fire between o

i am an income investor. stimulus round to as an income investor, is it bigger per stocks or is it more pro-credit allocation? we need to see the details on the stimulus? as an income investor come around to, are we skewed to a more top off than a credit top off? georgina: i am skewed toward a credit allocation. more domestically in the market, but given the policy support in a number of countries directly supportive of ongoing buying of credit, i think we would definitely focus there as we remain more neutral, more cautious on equities and the reason for that is interest rates are likely to stay lower for longer. fixedsupport for the income market from that perspective, but the growth outlook is uncertain and that is critical for equities and given the valuations and where they are, we would see credit over the equity market. nejra: what about your ideas on the dollar, georgina? i know you've been buying the dollar against certain em currencies. are you looking to shift that stands given the weakness we have

extremely low income folks under 30% of area median income. who are they? thousands of low wage essential workers, families of color yous r under popty line, 75,000 social security seniors and others priced out of housing and tax credit housing and closed out of private public housing and sros. the second trend is that city agencies are excluding those with the greatest need. by reinventing the definition of affordable. planning does it when they include the units when we know new a.d.u.s start at market rate. they push affordable to incomes higher and higher. planning does it when they go to 5,000 affordable units in 10 years with 120 for the extremely low income. zero for 2019. we have no extremely low category. the reports show we will never achieve racial and social equity. we will never adequately house the people with greatest need until we stop reducing affordable housing. that is deeply affordable housing. that need is growing. the voices are getting louder. thank you very much. operator: next speaker, please. >> caller: this is stewart flash man sp

a loss we must start from the assumption that the citizens income has been badly managed in italy in germany they certainly manage the better. because these people are comfortable staying at home and earning this free salary while there are people who just want to work i believe the problem was created by our government and people obviously take advantage of it. the ecuadorian government and the international monetary fund have struck a new $6500000000.00 economic relief deal however the lifeline has prompted fears of more painful austerity measures ecuador has been in the grip of an economic crisis for years and the i.m.f. has helped prop it up financially with loans to secure them kyoto has had to slash funding for the public and health care sectors that critics say has left the country vulnerable during the pandemic it is among the hardest hit by cope at 19 in latin america. i. think the everyone into. population had this grown the virus but we did not have medical help because the doctors did not come here they are only in the city and we had to go and look for them so people use

so we also heard a desire to serve more lower income households, so now, the proportion of lower income units to be provided in the project will increase from a minimum of 35% to a minimum of 50%, so in other words, moving that 1 9d93 units to 275 unitsr the very low-income. 20% of the low-income units will be provided at very, very low, between 30% and 55% a.m.i. the percent of moderate income units will be maintained at a range of 70 to 85% of moderate. moderate educator units will have a range from 70 to 130%, with an average of 100% a.m.i. any educator will be rental rate or purchase rate set above 100% of a.m.i. will have a minimum occupancy of two persons. we also put in language to serve multichildren households or multigenerational household does, and we wanted to broaden the neighborhood province area to include all new residents included in ingleside. in working with supervisor safai, we are broadening the neighborhood preference of 1.15 miles of the site to serve more residents of the ingleside neighborhood that are both in the 11 and 7. as with regard to the developer commit

children of families that are mostly low income. in a survey, the county found almost half of the people there didn't have internet fast enough to watch a video without buffering. or taking ten or more seconds to load. and almost 60% are without a computer at all. for a population of people who are mostly essential workers, the canal alliance and thay de onof those fundamental elements that have to be in place for everything else to work well. >> right now knowledge is power. especially during this epidemic. and it's really important for people to understand we're all interconnected and the health of your neighbors, the education of your neighbors, that matters. >> emily, will anyone beyond students be able to access the network if they're working from home? >> yes, that short answer is yes, they will. but the focus really is about students right now. in fact, they've been using the start of school as their deadline. all ready, there are pieces in the first part will be up and running by the start of school. they hope to have everyt

low-income immigrant workers need help in san francisco. [inaudible] is providing essential resources to the chinese families. as a newcomer parent with language and social difference, it's difficult to navigate the school system in a new country. my family has seen tremendous support from parents of public school. they use various social media to deliver the important information and provide resources to our community. it serves up to 15,000 parents in the last year. they're so important to us. please keep parents of public schools by funding them. these two comments, thank you for your time. >> clerk: thank you for your comments. next speaker, please. >> my name's david cross, and on behalf of faith in action, i plead with you to find $5 billion in this budget to provide direct rent subsidies to keep san francisco seniors in their homes. over 20,000 seniors are paying over 30% of their incomes in rent, and over 5,000 are paying 70%. many have lived in their homes for decades. most are immigrants and people of color. i'm not one of those a

on his personal income taxes.ave you or will you refer that to the irs? and do you believe he evaded personal income taxes in a pattern over several years? >> i will not again come to a conclusion on whether or not he violated internal revenue code. we are in the midst of submitting our complaint to the irs and we will contact the irs accordingly. so thank you our next question is from cbs. >> hi thanks very much for taking my question but many people today were speculating the conference was going to be related to present donald trump can you give us an investigation you have with president trump or they've reportedly received documents of also subpoenaed georgia bank have they complied with your subpoena? and if so can you give us a sense of what they've given you? >> thank you for that question which is not the subject of today's press conference and we will not comment on any other investigation. thank you. >> the next question comes from john campbell. [inaudible] news. hello attorney general. the trump found

a loss we must start from the assumption that the citizens income has been badly managed and. in germany they certainly manage the better. because these people are comfortable staying at home and earning this free salary while there are people who just want to work i believe the problem was created by a government and people obviously take advantage of it. well some world news in brief on sunday hundreds gathered outside in johannesburg police station to demand justice for nathaniel julius the 16 year old died last week after being shot in what the police say was an exchange of fire between officers gangsters local residents though claim he was gunned down by the police. in sao paolo people are calling for schools to be open hundreds of parents and teachers march together through the city schools were shut in response to the penned up. and there's concern in boston over mandatory shots the governor has ordered that students under the age of 30 must have them the idea is to take pressure off the health care system which is already stretched due to the pandemic. the ecuadorian g