during the t.d.m. program creation and adoption period, the issues of if and how transportation that work companies or t.n.c.'s should be included in this program was raised. program staff emphasized there was no data to indicate that t.n.c.'s reduce vehicle miles traveled from individual development projects. last year two studies were released by the san francisco county transportation authority on t.n.c.'s. one found that t.n.c. trips accounted for approximately 20% of all local and daily v.m.t. another stated that there are still no specific t.n.c.'s policy to reduce congestion. as such, no t.n.c.'s are include index this program. moving forward, program staff will return to this commission every four years on the same timeline as the sf eta's county transportation plan is released to present again on the monitoring of the t.d.m. program and the individual t.d.m. plans in more detail. in addition to these types of information i just reported on, these reports will also cover rates of compliance, updates on

that you identified in the hardest hit program afflict the other programs under t.a.r.p. as well? >> well, i think in terms of the a.p. housing programs, we have found people who have tried to scam homeowners. the other ones are sort of program related, like bank fraud, related to t.a.r.p. banks. >> okay. so, mr. kranbuhl, let me come back to you. you know, there is some suggestion that treasury, if not washing its hands of what goes on at the state level, is somewhat indifferent or lackadaisical about it. is that right? y basically just trust the state authorities to implement this in an efficient way with integrity? >> thank you for your question. mr. ranking member. we work with the states andave conducted more than 100 in-person reviews. i can't speak for what sigtarp's methodologies that they use are. however, our reviews are incredibly detailed. we look at each expenditure to make surere complying with -- >> have you followed through on all of the recommendations made by the special inspector general that came out as part of her report? >> there are two reports outst

now, you can watch the entire program at c-span.org. the u. senate is about to meet. they're continuing work on defense department programs and policy for 2019. amendments have been stalled over which amendments should get a vote. so, a final vote, which was projected to happen by the end of this week, is now likely next wednesday. unless senators can reach an agreement on the amendments. on-span2. coverage now here the presiding officer: t senate willome to order. the chaplain will lead the senate in prayer. the chaplain: let us pray. loving and ever-present god, we thank you for being our helper in the present and our hope for the future. we trust you to direct our steps with youprovidalow. forgive our slowness t

through the h.i. program. on the other side, there is a slowdown in the expected growth in in-patient utilization trends, which does offset most of those increases. i think i walked through that. so predominantly lower income. i think i hit all that. slightly higher expenditures. got all that. and on the factors leading to lower expenditures, reduced provider utilization growth, as well as some lower economic assumptions. there's a little price effect there as well. taking a step back, not just looking at the depletion date, there's this notion of the 75-year actuarial balance. this looks at the present value of future income. and subtracts out present value of future costs, this is all equated and put on to a taxable payroll. denominator, so theact that taxable payroll comes down in most years, does not have an effect on the income rate it could certainly have an effect on the cost rate. the fact that we're projecting lower revenues in the future means that both the amount of income coming in is lower as well

the program. it strikes me that there are other parts of our immigration system that are even more problematic and that is when we let people into the country for free. without any identifiable skills or making any other concrete contribution to our economy. i agree we need targeted reforms, i've introduced a bill to that effect along with senator flake and others and integrity measures to root out fraud and eliminate bad actors. after intensented negotiations with the industry and other stakeholders, as well as you and chairman goodlatte, we were not able to broker an agreement earlier on reforms this year. i would welcome the chance to get this done and move on. >> we got an agreement we were just not able to get it passed. close and i believe we can finalize the legislative package, that will preserve eb-5 program and included integrity measures that will address many if not all of the concerns raised today. i thank you for holding the hearing and i look forward to working with you, hopefully we

of the program. we will recall it was south dakota senator george mcgovern who was pushing for those. that is what got the farm bill pass, the coalition of urban nutrition advocates and rural folk looking for farm policy that gets this through congress. we will see if it succeeds. host: steve from burlington, kentucky. what is your question? caller: how're you doing? all these folks complaining about not making enough money and a living wage, my first question is, you have to have a skill set. flipping burgers are welcome to walmart is not a skill set. of course you will never get any living wage with that. that is my question and comment. alan: i have never been able to flip a burger to save my soul. i would argue with that. getting to the republican job training plan, that is the idea behind the proposal. the idea that we have all these unfilled jobs that require people with skills. we had people on the snap program. maybe if we move money to job training and gave people the skills to fit this econo

the program. it strikes me that there are other parts of our immigration system that are even more problematic and that is when we let people into the country for free. without any identifiable skills or making any other concrete contribution to our economy. i agree we need targeted reforms, i've introduced a bill to that effect along with senator flake and others and integrity measures to root out fraud and eliminate bad actors. i will say i was disappointed that after intense negotiations with the industry and other stakeholders, as well as you and chairman goodlatte, we were not able to broker an agreement on reforms earlier this year. i would welcome the chance to get this done and move on to other things. >> we got an agreement we were just not able to get it past the big four. >> we were close and i believe we can finalize the legislative package, that will preserve eb-5 program and included integrity measures that will address many if not all of the concerns raised today. i thank you for hol

we have the sugar program. we subsidize going the way we subsidies because we always have, at least since the great depression. it's really tough to shake someone from that kind of paradigm, that create a program that perhaps met in need at the time within economies evolve, trade involves and the ability of farmers and ranchers to manage risk that the use of not able to manage has occurred, however, you still have a guaranteed subsidy stream. that guaranteed cash flow comes from growing certain commodities and just becomes a cycle that feeds on itself. that's a big part of it. and i think politically things move slow. they certainly move slower usually than they do in the private market. i think even in the insurance regime we've seen insurance market as a global market now and you can ensure anything you want. literally. if you're willing to pay for it. what happened was in crop insurance there are certain risks that farmers have better ways of managing the risk. we given growing crops since literally the dawn

my daughter participated in the spotlight program last pro -- last year and the continuation program. she is turning 16 this week and she is a rising junior and we live in the outer richmond. i am a single parent. i adopted her at four and a half months from vietnam. the impact of this program on her has been immeasurable. she has changed, she has matured, she is a competent speaker. she manages deadlines and supervises relationships all on her own and this is all a direct result of this program. she has become focused and inquisitive. she took ap human geography this spring and is taking ethnic studies in the fall. all is the result of issues that she discovered through this program. as a single parent, i'm dependent on other adults to help her come into her own and help her become the adult we want her to be. and the director of the program has helped her immensely -- >> supervisor cohen: thank you. next speaker. >> good morning. i want to speak to the reserve program that is in place now. it has been in place for a year. i want to talk about how that gives people like myself who ar

the smi programs. being they're so different, it's important to evaluate their financial conditions very differently. i'll walk you through that in a moment. we'll start with 2017 experience. so how did the projections of what would actually occur in 2017 compare to what was projected last year? on the income side, you could see there was for hi, there was significantly low er amount of payroll taxes that were collected. this was predominant ly through some of the asunlgss that our colleagues in the office of is chief actuary at social security being these programs are both financed on the taxable payroll. our colleagues in the office of chief actuary are the ones that project the payroll tax. payroll rates. payroll taxes and the amounts of revenue that come into the various trust funds and as i understand, there are some significant revisions in how bureau of economic analysis evaluated some taxable pay relative to gdp in prior years, so the amount of actual payroll taxes collected in 2017 was signific

the s.f. reserve program, which was 317,000, and the other was for the senior community employment services program, which was 250,000, both providing subsidized employment for nonprofits. we want to be part of the solution to issues you heard today, so please put us to work. when you go back to your office, you'll find a flock of worker ducks have left more about this message in your office. thank you. >> supervisor cohen: thank you. next speaker. >> good afternoon, board of supervisors. my name is judy young. i'm the executive director at the vietnamese youth support center. we're asking to support a mental health program supporting vulnerable vietnamese youth and families who are experiencing depression and trauma that go untreated, and when they ask to see a therapist, they have to wait two to three months to see a culturally competent therapist. so with the grant, we would be able to serve youth at our community site with an on-site therapist. and the second ask is a $160,000 facilities renovation. this will allow us to serve over 500 youth in our community with bathrooms and a.d.a. compliant.

it fails to implement reform or reinstate the program. those eligible for or enrolled tcontribute $1.8 billion annualy to states and localities. economists say reform could reduce the deficit by $900 billion, increase productivity and grow the economy by 5.4%. i hope we can address these and put forward a budget that reflects the nation's valley is, a nation built by immigrants. i yield back. >> thank you for the ranking member. every day americans are in active thoughts in this budget. every day brings new examples of the manner in which the current president governs. his zero-tolerance criminalization family separation policy, which i witnessed firsthand in mcallen and brownsville today which he could end immediately if he chooses to do so separate frightened children from their mothers and fathers for no legitimate reason and this is a spirit of his entire life. there's nthere is no legitimates to strike fear in the hearts and mothers are t or to strike feare hearts of children. but know that some of the deployment of the trump deportat

gao reported an overall deterioration in the major program portfolio primarily due to the fact that nine out of 17 projects in development are experiencing cost and schedule performance growth as a result of risky program management decisions, significant technical challenges and issues beyond the control of the projects. last year gao assessed that nasa projects were continuing a generally positive trend of limiting cost and scheduled growth, maturing technologies, and stabilizing designs. however, gao also noted that many of the more expensive projects were approaching the phase of their life cycles when cost and schedule growth is most likely. the subcommittee will also investigate specific nasa cost estimating methodologies such as joint cost and scheduled confidence level. the jco process. nasa management techniques related to projects scheduled determination and use of headquarters resource funding. we are particularly interested in the nasa inspector general's recommendation in improvements of cost methodologies, especially if there's a need to continue using jco process or adopt

the medicare program runs a deficit of $350 billion. some payroll a taxes and a whole lot of revenue. e have them looking at general revenue and pretend we can borrow. so it takes place in the larger context and that is a reason to move. the other reason to do it, it's pretty even to fix. if you get on the metro, you can fix it. there are payroll taxes coming in and benefits going out and benefit formulas and different variations on all sides that will get system but we can get there. and in my view, congress should take an easy problem and take on a hard problem and there is no way it's going to get around taking on both the next 10 years. the bottom line is simple, fix this now. we should have fixed it before now. but my life is one of repeated do policy work ndc, that is what your life is, sorry. academy foraud the holding this every year. i want to thank the trustees and staff for what they do to eliminate the problem. the issue is to fix it. >> let me step in for second and put in a plug for the national academy of social insurance,

i'm here to speak about the free program at city college. in november 2016, something terrible happened, but also something really good happened, the voters in san francisco passed proposition w by an overwhelming majority. prop w leveed a tax on real estate transfers over $5 million in order to fund a ground breaking new free city college program that promised to make city college free for all san franciscans. in its first year, the free city program has been wildly successful, more successful than any of us imagined, meaning that over 10,000 san francisco residents attended and enrolled in free city in order to get vocational training, associate degrees, professional development for career changes or to begin their four-year degrees. that fabulous success however has left city college with a $5 million debt. >> supervisor cohen: thank you. let me just ask you a question. what is the budget ask? >> $5 million increase make the program permanent and cover the summer semester for city college. thank you. >> supervisor cohen: thank you. next sp

change in the program from last year to this year. very close in the current your expenditure. in the longer-range it's still down. it's largely because of the issues i mentioned earlier. as well as some of the upward pressure that were actually meant joining -- mentioning. and so looking at the full picture we are at 3.7 percent of gdp this is total medicare expenditures. looking out at the end of the projection. it's still a significant growth relative to where we are today. this is looking at over the last several years of history. and you can see here that programs change. it has decreased it started at 77 percent. and drops down. there has been a number of years of reduced inpatient spending. within the part a program. looking at part b. the payments had been declining over time. the story here is that it's more of a bright -- byproduct and be a more significant portion. this one is pretty dramatic. most of the benefit was going to a direct subsidy. everyone that was part of a program was getting the benefit from. the larger share

for the program. so, the -- provided by one person for the case management program to help with in-house chart review and sign-up source plans and things of that nature. >> vice president loo: thank you. >> president serina: and did you -- your other question answered? >> vice president loo: no, the question was not answered. i was just wondering why their charge is higher compared with the others. >> it's a very good question. when we go into the budgeting process we have a certain amount of flexibility with each organization what they charge and how they charge it in their budgeting. i would be happy to get you a detailed response on that.enter i don't have one with me. i do know that episcopal community services serves a high need of homeless clients in the area, which requires a lot of resources. i also know that the case management supervisor has a certain case load as well. so, if you'll notice a number of unduplicated clients is higher than 110. part of that is because the supervisor chips in an

and that is reflective in the cost of our program, cost of the medicare program, cost of lots of things including pvgc probably. uncertainly illustrations, we throw this in because want to make sure that you know we do not just simply make the sort of central intermediate assumptions. we have at least actually several ways of showing variation in what the estimates might be because we know we're unlikely to nail it and have it exactly the right numbers all the time. the central numbers are what we have on the dashed lines for our actual intermediate projection, but then we show our high cost and low cost where we vary all the principal assumptions toward better or worse for the financing of social security, but in the solely lines the 95% confidence interval for the annual cost rates for the program under our methodology. and we'll give you a preview that we've been working for quite a while now, it is indicated in the trustee's report from time to time that we think this range is probably not as great as it should be. there are some technical things like parameter uncertainty, i'm sure

to access the senior food box program. the bill that this committee has crafted appropriately recognizes the diversity of american agriculture and makes investments in local and regional food systems, especially crops. provides permanent mandatory bias line funding for organic research. the bill also makes significant investments in conservation programs. it codifies the conservation reserve enhancement program, which is greatly important to the state of pennsylvania and increases funding for the regional conservation partnership program. i'm grateful for the pennsylvania priorities that are included in the bill. and i want to again commend the chair and the ranking member for their work and i want to thank adam, joyce and claire of my staff who did such good work. thank you. >> thank you, senator. senator ernst. >> thank you very much. thanks, mr. chair. and of course thank you, ranking it member stabenow as well. also to the members of this committee for all of the diligent work over the past year. i know this has taken a

those include the following energy programs, by a management research, the bio-based market program, the refinery renewable chemical and bio-based products manufacturing assistance program for the bio energy program and crop assistance program. it also provides support for those that tried using the market protection program in the first three years before it was modified by congress and again by the mark i am committed to working on behalf of all providing funding to these programs. it is a priority for several senators on the committee. senator stabenow. >> i just want to also support this amendment. thank you senator klobuchar for her terrific leadership on this and it builds on what we did as well in the last farm bill, and this is a jobs amendment. it is about the economy. it's about jobs in rural ameri america. the leveraged within $5 billion in private investment since 2009. so i want to thank senator klobuchar for working with you on this mesh debate the issue mentioned. i would also indicate a and very pleased senator gillibrand priority is in this package to help the small d

, discontinue the program, expand the program. we expect to learn a lot f enforcement is part of the program and we want to make sure to the extent that we grant a permit and we have appropriate mechanisms in place whether confiscating scooters or taking the permit. we don't want to get there, but we need to be able to give the public assurance that in granting access that we are going to enforce the conditions of the permits that we established. one of our great partners and enforcement in the public right-of-way and really in the management is san francisco public works and we worked with them in the permit program and application and will continue to work with them as this plays out. i would like to pass the mic. to our director of public work. >> i am excited that we are putting a pilot permit program in place as many of you know when these scooters handed in our secretos in fran, we have been working really hard to try and make sure that at least they are following some kind or order and since they handed we have had to pick

lastly, what has been called the noninfrastructure program but not all the noninfrastructure work that we do -- [indiscernible] we have spent a lot of time working with our partners who are funded through that grant to identify goals for expanding this program from 36-103 schools bringing on new partners to help us be able to provide a meaningful program to two or three types as many schools and that includes the police cart or their school resource officers and going out to elementary schools and making sure our messaging is on point, bringing in the fire department who are increasing their activity in schools they have a program where they are trying to make sure every firehouse has a -- and make sure that the firement is talking to kids about safety and about street safety and bringing the san francisco transit writer's group. we really wanted to make sure that as mode shift is a key goal of the obeg funding that is funding this program we are working on biking and transit use as we expand to 103 schools means we will expand into the middle school and high school program. with that,

about the disability program. a lot is going on in the disability program in terms of finances. you said that the applications and claimant's incidents rates were going down. the other item is the initial benefits are just lower and i understood that henry, the you answered this question for me. >> since they answered for me, i'll answer for you. >> why are initial benefits down and does it have to do with a backlog? >> it's interesting, it's more about the mix of the new awarded benefits. let's see if i've got this straight. so, while the backlog was growing, there were fewer awards at the alj level. administrative law judge level. more at the initial determination level and one thing we discovered this year is that awards at the alj level are actually about, what is it, 10 to 12% lower than those at the initial level. this was news to us. something we just discovered, as we were digging into it. so, while backlog was growing, there were more of those and benefits were elevated a little bit at that time. now, as the backlog is finally starting to go down, we're seeing sort of a

>> for the youth program, it is 100,000 annually, and for the united families, program, 50,000 annually. >> supervisor cohen: thank you. >> thank you. >> supervisor cohen: next speaker. >> hi. good afternoon, supervisors. want to thank the budget committee for all their work on the budget so far, and also want to thank the board of supervisors for their unanimous support for supervisor ronen's legislation. we're really excite today work with the different city departments in the city to do the work of preserving or neighborhoods and also stablizing our communities that make san francisco really unique. just saw the spending plan and we're glad to see that included in it is funding for the department do have staffing to work with the cultural district, but we'd like to ask that the board of supervisors continue their -- the funding to be able to maintain the operations of the cultural districts, 'cause we are the ones on the ground kind of doing the hard work. for soma filipinas, we're asking that the funding be continued this year and the next fiscal year, and that would really -- >> su

fiscal solvency and the future of the program's benefits. this is an hour and a half. >> such a bright crowd. okay, i think we're ready to get started. on behalf of the national academy of social insurances board of directors, we have two representatives who will be introduced to you. the extraordinarily dedicated staff of the academy, many of whom are here, and our members who are the life blood of the academy, i'd like to welcome all of you to this annual briefing that we conduct with a key group of panelists on social security's finances. i'm bill arno, i'm the chief executive of the academy. i just came back, along with josh gotbalm from arlington cemetery, where today we commemorated the 50th anniversary of the end of robert kennedy's campaign. knowing the age group in this room, how many of you have heard of robert f. kennedy? oh, i feel much better. i asked the interns that and i get all these, like, who? i worked for him, as you may know. i was on his senate staff when i was the age of an intern. and you might say, today was as you mi

the total plan. that's inclusive of your private equity program. the orange is the private equity program return. you can see that in every multiyear period starting from year 3, the private equity program has added significant value to the total plan. in the one year period, the public portion of the portfolio has done incredibly well and generated a 17% return overall for the planned assets. the short term results are less meaningful and we had a very strong year for publics then. in the short term, that is usually smoothed out over time. so i'd focus more on the longer term returns. turning to page five with the exposures for the program, you'll see here what we have for the exposures. the exposures show a good balance across the sub sectors. venture, growth, buy out. and then the remainder for special situations, opportunitistic. the left hand side is what's in the ground today in terms of the net asset value. on the right hand side, we have the exposure by nav, plus unfunded. we like the risk of return profile within gross capital as well ch well. the industry exposure for the program, you ca

the signs are what we expect of space programs. that said, we can do better and particular we can improve our ability to identify early on when we can still make design decisions when it runs the risk of exceeding budget constraints and if so, what options we have at our disposal to make sure it meets our budget constraints. at the stakeholders including the national academy expressed concern that they could run into potential problems, nasa established expert groups who review the costs and objectives for the missions. i commend nasa for taking this action. the steps are being taken and while there is still time to reconsider the scope and approach of the nations who preclude the cost expectations. i look forward to discussing learning opportunities in determining whether the future would benefit from incorporating similar processes to minimize future schedule delays and cost increases. one thing i learned while serving on the committee is that nasa is a unique engine of innovation. a force for pushing new advanc advances. but i'm

program. it also provides for the producers to try to use the market program in the first three years of the program before it is modified by congress and again by the mark i'm committed to working on behalf of all in providing funding to these programs as a priority for several senators on this committee. >> thank you mr. charan. i also want to support this amendment and think senator klobuchar for herlo leadership n this and it builds on what we did as well in the last farm bill and this is a jobs amendment, it's about jobs in rural america. these programs have leveraged more than $5 billion in private investment since 2009, so i want to thank the senator for her great work and for working with you on this. there's a number of important issues and i would also indicate very pleased that the priority is in this package to help small dairies that were not able to use the new program the last farm bill so this is very positive as well. >> i've got sympathy for what the senator is trying to do the problem is toth pay for the economic adjustment assistance program is a very popular program that has kep

the refinery council. for advanced crop assistance program. they tried using the market protection program. and again by the mark. it's clearly a priority for several senators on this committee.om i just also want to support this amendment for the treasurer for leadership terrific leadership on this. this really builds on what we did as well in the last farm bill. it's about jobs in rural america. these programs have leverage more than five dollars. i would also indicate that the priorities is in this package to help our small dairies i that were not able to use the new program. there is a further comment on this amendment. the problem is the economic adjustment. has kept many meals across the country in business and certainly this is a jobsis situation also. currently 44 companies participate i would encourage a no vote and works you at some point find a way to pay for it. $3billion was set aside in the last budget which is significantly more than some of these other programs and that's why given what we are facing in the midwest right now with the prices in the issues that sender grassley