what we do know what is going on in places like schenectady we have lost 6 million manufacturing jobs since the so-called manufacturing renaissance, 580 thousand have come bam and that is hurting out in the middle of american and that is a global problem and that is a problem of our competitiveness all around the world. >> i think this is where we may disagree. i think we are going to get those jobs back. i think the next 20 years, i think this country is going to have an economic renaissance. >> mika doesn't agree with you. >> no. back off the wage issue. >> 3% of americans in the nbc poll are hopeful or optimistic. i tell you what, man, i'm optimistic. >> up to 4%. >> i think the next 20 years for this country could be absolutely phenomenal if the government does three or four things right and gets out of the way. i'm sorry, go ahead, willie. >> ron, go ahead. ron wanted to get in. >> actually, i'd like to ask a question to joe and to steve. this isn't the first time we have been through this kind of wrenching economic change coupled with technological advances and leaving a lot of

nicholas heymann and william ge fromllow schenectady to shanghai. is to set up this big reduction in sg na to allow them to overcome the dilution, which was even greater than when they exited nbc. as they set up to exit the north american super finance business. >> with a baseball analogy -- what inning are we in as mr. him immelt and keith sharon tried to stay out from under the debacle? >> there is a lot of heavy lifting to be done here. >> it is a really complicated transaction because they have to do it in a tax efficient way and it is not easy to pull off. i have a question for you on what the company is saying about organic growth projections atween numeral four percent 7%. that is a lot more than industrial companies out there. why are they so optimistic? >> they have been up 17% in emerging markets over the last four years. infrastructure is an emerging market game, so they have a good backlog. i think that they put a lot of money into a lot of r&d. r&d starts to come down a little bit as a percentage of sales, terms oferationally in the pro

and they have three core cities troy schenectady and albany and all the people living in the midst ofthose so it has metropolitan area with a little over a million people. it's not large enough for a subway system or rail system but bus rapid transit is made for it traded fits to a tea and i help them get as cdt eight grant plan for their brt. they have been working with fta regional offices in new york and they are poised to apply for ignition to a small starts program. they are already working really well on this and they have a red line already from downtown albany downtown schenectady and they plan to more one to try and one out to the u. of albany. it's great so are you familiar with the plan in albany at all? >> i spoke with people at cdt eight. we are pleased to give them that planning grant and you are right they are well along in the development. i think the good news here really as it relates to this project in all of the interested new entrants to the new starts in small starts program is the agreement currently pending on the floor. you will recall last year the combinatio

they have three core cities, choi, schenectady, and albany. is made -- it has a metropolitan area of more than a million people. not large enough for a subway system, rail system, but was rapid transit, it is made for it to a t. i help them get a grant to plan their brt. they have been working with fta regional offices in new york, poised to apply for admission to the small starts program. they were already working well on this. they have a redline already from downtown albany to downtown schenectady. two more planned to troy and the u of albany. are you familiar with the plan at all? >> i have spoken with people at cvta. eased to hear that development. as it relates to this project and all of the adjusted new entrants to the new starts and small starts program, is the conference agreement currently pending on the floor. , theill recall last year combination of continuing resolution and then the sequester below that, left funding for the new smart -- starts and small starts program at a place where we could not fulfill our existing obligation

and they have three core cities, troy schenectady and albany and all the people living in the midst ofthose so it has metropolitan area with a little over a million people. it's not large enough for a subway system or rail system but bus rapid transit is made for it traded fits to a tea and i help them get as cdt eight grant plan for their brt. they have been working with fta regional offices in new york and they are poised to apply for ignition to a small starts program. they are already working really well on this and they have a red line already from downtown albany downtown schenectady and they plan to more one to try and one out to the u. of albany. it's great so are you familiar with the plan in albany at all? >> i spoke with people at cdt eight. we are pleased to give them that planning grant and you are right they are well along in the development. i think the good news here really as it relates to this project in all of the interested new entrants to the new starts in small starts program is the agreement currently pending on the floor. you will recall last year the combinatio

you hear g.e., and you think schenectady, new york, lynn, massachusetts. petropolis, brazil? >> it's the world we live in today, lesley. this is where we have to be today to be successful. >> and they are wildly successful in brazil, where g.e. is growing at a rate of 35% a year compared to 1% in the u.s. immelt showed us around a g.e. locomotive plant. >> if you go back 5, 10, 15 years, maybe we made 30 or 40 locomotives here, you know, lesley. we're now making 150. >> here we can honk the horn. >> that's the horn? >> so just push? >> push down. [horn sounds] >> i need one of these in my office. >> g.e. has become so global that more than half of its 300,000 workers are now overseas. we spoke to him on the floor of g.e.'s jet engine servicing plant in petropolis. how much of your revenues, now, come from overseas? >> 60%. >> 60% of g.e.'s revenues is foreign. >> when i became ceo, it was 30. now, i wish all our customers were in chicago. i mean, everything about the u.s. is easier than doing business here, but this is where the growth is. >> you know, it's like a bucket of i

ponemon earned his master's degree from harvard and ph.d at union college in schenectady new. he also attended the doctoral program at carnegie mellon university. we welcome you all and look forward to your expert testimony. mr. kennedy, will you leaders often? >> thank you, mr. chairman. good morning to everybody in the house science and technology committee, to the honorable mr. smith as both ranking member, ms. johnson but it's great to see you folks again as with all of the other ranking members here today. i appreciate your time to hear us discuss the issues with the healthcare.gov security concerns as was the consequences around the stolen identities. what a want to start off with is to me this is not a political issue. i take no political party stands. i have no particular. for me personally this is a security issue. working in the security industry for over 14 years as was thing a number of years iraq and afghanistan my testimony today is to talk about the issues with security, and that's it. when i talk about the issues we see today its base of expertise of working in

brian from the city of schenectady road to me that he had been paying a must be entered $60 per month for a plan with the dental or vision coverage. new york state on-line exchange able to get a better -- medical plan and purchased until coverage for $290 per month as he described to me, more coverage for less money. able to complete the process in less than two hours. because he makes only $11 per hour the difference in premiums is having a huge impact on his budget. he is not alone. as of january 1 with an 2,415,202 new yorkers were heralding quality low-cost health insurance coverage to my house exchange. more than 6500 dagen notes in my district now have health insurance to their parents' plan in more than 12,001 of the seniors the district receive prescription drug discounts worth $60 million. 124,000 seniors and now losel for medicare preventative services without paying any copays chemical insurance, or deductibles. i could go on and on, but the affordable care act is here to stay. it never ceases to amaze me how hard our republican colleagues work to avoid a knowledge in the b

they have a redline already from downtown albany to downtown schenectady.a plan to more, want to go detroit and one to go out to the you of albany. it's great. are you familiar with the plan of albany at all speaks i am. i've spoken with the people at cbd a. we were -- they are well along in the development. i think the good news here really as relates to this project and all of the interested new entrants to the new start and small start program is the conference agreement that is currently pending on the floor. you will recall last year the combination of the continued growth solution and the sequestered below that let funny for the new start a small stores program at a place where we could not even fulfill our existing obligations that we had already signed up. the appropriations bill currently pending before you is, through the combination of unobligated bounces and new appropriations, gets us to our request level which means we are back in the business of looking at new folks to admit. >> and you will do your work and do everything you can to see that

brian from the city of schenectady wrote to me that he been playing almost dollars 360 per month for a plan with no coverage.vision through new york state's online exchange he was able to get a comparable medical plan and also purchased dental coverage for $290 per month. it to me, this is more coverage for rest money. -- less money. brian was able to complete the process in less than two hours and makes he makes only $11 per difference in premiums is having a huge impact on his budget. asan is not alone, january 1, more than 241,522 new enrolled in now quality low cost health insurance coverage through my exchange.'s in addition, more than 6500 young adults in my district now throughlth insurance their parents' plan and more than 12,100 seniors in the receive prescription drug discounts worth $16 million. 124,000 seniors in the district are now eligible for medicare, preventive services, without coinsuranceopays, or deductibles. i could go on and on, but the affordableat the care act is here to stay and it is providing an enormous benefit already to the people of the 20th congressio

brian from the city of schenectady road to me that he had been paying almost $360 per month for a plan with no dental or vision coverage. to new york state's online exchange he was able to get a comparable medical plan and also purchase dental coverage for 290 dollars per month. as he described it this is more coverage for less money. ryan was able to complete the process in less than two hours and because he makes only $11 per hour, the difference in premiums is having a huge impact on his budget. ofan is not alone hurt as january 1, more than 241,522 new yorkers are now enrolled in quality low cost quality health insurance coverage through my stays healthy change. many young adults have health insurance to their parents planted more than 12,100 seniors in the district received the scripture and drug discounts worth $16 million. one hundred 24,000 seniors in the district are eligible for medicare services without saying any co-pays, coinsurance or deductibles. i could go on, but the point is that the affordable care act is here to stay and it is providing an enormous benefit already t

schenectady haven't seen a 20% decrease in the price at the pump. we are still 350, 360 in that neighborhood. and in some places you will see that an oklahoma city we are about $2.85 or $2.90 and it's about 60 cents a gallon. it was running close to 5,000 -- >> what someone help me explain? very quickly or my time is up. >> 72% of the price of gasoline is due to the crude oil price. when you lower the price, the gasoline will come down. >> we have been told there are going to be four votes on the senate floor that by my calculation the senators can have their five minutes that would be good. >> thank you mr. chairman. i want to commend del tougher buying econ finery in pennsylvania. that is good if you are using the accrued from north dakota. also, andy is an outstanding individual and as a good job and i want to commend you as well. my questions are for mr. hamm. the number one priority for americans when you talk energy is they want what they call energy independence. i know you would refer to this as energy security because the global market but

brian from the city of schenectady wrote to me that he had been playing almost dollars 360 per month for a plan with no dental or vision coverage. through new york state's online exchange he was able to get a comparable medical plan and also purchased dental coverage for $290 per month. as he described it to me, this is more coverage for rest money. -- less money. brian was able to complete the process in less than two hours and makes he makes only $11 per hour the difference in premiums is having a huge impact on his budget. brian is not alone, as january 1, more than 241,522 new yorkers were now enrolled in quality low cost health insurance coverage through my home state's exchange. in addition, more than 6500 young adults in my district now have health insurance through their parents' plan and more than 12,100 seniors in the district receive prescription drug discounts worth $16 million. 124,000 seniors in the district are now eligible for medicare, preventive services, without paying any copays, coinsurance or deductibles. i could go on and on, but the point is that the affordabl