this will help us review payments to identify and correct in realtime any problem that is we see. so mr. chairman, the faa is proud of what we've accomplished to date. we're in the midst of millions of dollars of bids being received dale daily. the bid process is robust and the savings resulting from excellent bids are allowing us to stretch the dollars. we're able to undertake more projects than we had originally anticipated. so we thank you for your support in this effort. we continue to keep you informed on our progress. of course, i'll be happy to answer any questions you might have at the end. >> thank you very much and congratulations on your designation. i'm clearing the senate and your appointment. i'm clearing the senate to the administrator of fail road railroad administration. glad to have you here. i know you have a long record of experience. hands-on experience in railroading and welcome to our hearing, the first 06 many you'll have before this committee or subcommittees. >> thank you mr. chairman and ranking member micah and members of the committee. certainly it's a

this will help this repayments made to such grantees to identify and correct in realtime any problems that we see. mr. chairman, this faa is proud of what we have accomplished and we are in the midst of billions of dollars of bids being received daily. the bidding process is robust and the savings resulting from excellent bids are allowing us to stretch the dollars. we are actually being able to undertake more projects and plant and found more projects than we originally anticipated so we thank you for your support in this effort. we will continue to keep you informed on our progress and i have course of be happy to answer any questions you might have at the end. >> thank you very much henigan congratulations on your designation on clearing the senate and your appointment. mr. martin szabo was my colleague on being designated and clearing the senate to the administrators reaudit administration. i know you have a long record of experience, hands-on experience in railroading and welcome to our hearing. will be the first of many key will have before this committee or subcommittees. >> th

trained specialists assist callers in times of natural disaster and crisis providing realtime information on shelter locations, food and water distribute sites -- distribution sites and all-important evacuation routes. 211 disseminates accurate information about the crisis, and it relieves the very overworked 911 sis patchers -- dispatchers who are also taking those calls. as you're aware, 211 was a bright spot in responding to the 2005 hurricanes katrina and rita. prior to landfall of katrina, the 211 in new orleans had to close. our united way, the united way of northeast louisiana and monroe, began taking all the 211 calls that were directed from new orleans. overnight we expanded from a four-person call center there in monroe to a 65-person 211. we had additional support that was outstanding from 211 call specialists around america. twenty-five states sent people to our community, and there were hundreds of local volunteers that responded. as a result of that in monroe, 211 responded to more than 111,000 calls in two monts. the call volume peaked at 7,358 the day that rita hit. after

but what that's told me because it occurred in realtime, exactly when these things were going on, on a day-to-day basis you didn't know what assets were word, worth, including these toxic assets. is that correct. >> very difficult to know. >> i appreciate your service in trying to do the best you could in this tough situation. but one thing -- my last question is: when it came to the m.a.c., you said a moment ago that it only could be invoked if in fact you had forward-looking lesser revenues, it was not material to the balance sheet, if i can paraphrase you, but to the income statement. that's what i heard you say. >> that's what i understood the memorandum to say. >> but if that's true, isn't it true if you have to restate your income, prospectively or retrospectively, then by definition the go-forward is reduced. in other words, if you never made as much as you thought you made because the assets materially degraded because they were never going to produce what you had said in the past, then in fact it is a m.a.c. event. so losses accumulating could we will have been a viable reas

those are the areas that demonstratively provide real jobs in realtime. so the unclear why mr. tiahrt's singling out these agency when is so many other agencies, others in this bill, also receive funds under the recovery act. but it is just the wrong time to reach back and to try to undo the stimulus package at a time when the economy is recovery -- recovering. he measured by a lot of things. recovery in the credit markets, improvements in the credit -- in the capital markets. mr. chairman, i rise in opposition to the amendment. it's an unwise time to do this and i would hope that the body would oppose the amendment and i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. the gentleman from kansas. mr. tiahrt: how much time is remaining? the chair: the gentleman has 2 1/2 minutes remaining. mr. tiahrt: i thank the speaker. mr. speaker, the reason that we are -- that we would repeal the recovery act or stimulus bill is because it simply doesn't work. in the 1930's we tried a similar philosophy. we borrowed money from other countries and we