or funding one company when there was an unsubsidized competitor. the reforms that we put in place are designed to. the transition is challenging. but our focus is on achieving the goals for rural america. it's the purpose of universal service. doing it in a way that involves accountability. and you're completely right, predictability. we're in the hardest part of implementation. we'll continue to work together as a group to get the balance right so that we get broadband to people who don't have it, who don't deserve it, that we don't waste money. we're also cognizant of the business realities and deal with the companies in a fair and reasonable phased in way. the market is very aggressive right now. many americans are concerned about the misuse, possible fraud and abuse of the lifeline program. it's like saying the wheelchair ad on television, you know, where you contact us and you'll get this free. it destroys trust in the institutions. so can you comment on reforms. what do we need to do to fix the programs? >> we shared the concerns. tackli tack

and tackling those areas where the fund is supporting one company where there's an unsubsidized competitor, we agree that needs to be phased out. what if there's partial overlap, those are issues that we will work through as we implement it, broadband to unserved americans, fiscal responsibility pep and c cogny sans -- we have near term reliances that we have to take into account. >> and is the additional use this fund have any impact on those small telephone companies that are 60 or so percent. we have one or two that may be as high as 90% are depend independent on the help from the u usf? spend more of this on broadband. does that mean you have less available to spend on traditional phone service? or how is that impacted? >> no, because the networks are the same. many of the companies in this particular category. most of the issues come from a subset of rural providers, and that's the ones that are under a rate of return regime. guaranteed 11.25% return. most companies don't operate that way, and in fact most unserved rural americans live in areas served by companies that are called poli

even when you're in school, those unsubsidized loans are going to earn interest. which means that that $15,000 that you have in loans could be $18,000, $19,000 by the time that you get ready to pay them off after law school. so chunk away at those if you've got any extra money in your budget. pay them off. and make sure that as you take out loans for law school that you're taking as much subsidized aid as you can before diving in to the unsubsidized pool. those are very hard words to say this early in the morning. >> thank you so much. >> pay while she's in law school. pay off some of those loans if they're unsubsidized definitely pay those off because you don't want that interest to accrue. >> if you can. >> thank you, elizabeth. now let's go to the phone line. we've got jamie calling in from connecticut. good morning, jamie. >> good morning. >> what's your question? >> my husband, daughter and i have outgrown our condo, yet bought back in the height of the market bang in 2007. right now, our condos are listing for like tens of thousands more than what we owe. we

. >> we are all telling to get our unsubsidized loans out of the way first so we will not be affected by these changes and lawns. >> when congress plans to meet again about this measure, the main problem right now they differ on where the funding should come from for the program. caught in the middle -- millions of students. >> thank you. tonight we are learning one expert's estimate of the cost of not extending the metro silver line to dulles international airport. loudon county could lose 40,000 potential jobs and billions of dollars in revenue if it chooses not to extend the metro. they have until july to decide if they want to help pay for the silver wide. politics has contributed to the delay. >> city council wants the state to look at decriminalizing marijuana laws. they adopted a resolution calling on the state to revisit sentencing guidelines for marijuana possession. they would like to see the general assembly consider bills that would decriminalize legalize, or regulate marijuana like alcohol. >> police in frederick maryland are beefing up security for the g-8 summit. freder

we are designated as unsubsidized, for-profit operators. but incremental restrictions that the city have -- has been imposing on these providers makes it increasingly difficult for us to survive. sro should have a seat at the table. i am against this ordinance because it is ill-conceived, does not have any input from the affected constituents. the people pushing this legislation do not have all of the facts in front of them to make a proper decision on whether this legislation is even necessary. it is being proposed to protect -- my question is, is this legislation being proposed to protect new developers of student housing because it is scared of competition? i believe this legislation discriminates against sro operators. there should be more development instead of more discreet -- more restrictions on us. >> i will call a couple of other names. >> good afternoon, commissioners. i am the president of the independent hotel owners and operators of the homeowners' association. it is about 146 sro hotels, approximately 8000 units. i am here to

funding, for if i providers in a single area or finding one company when there is an unsubsidized competitor. the reforms that we put in place are designed to cut those back and then finally move forward with funding broadband friend served americans in places like arkansas. the transition is challenging but it focuses on achieving goals for rural america is the purpose of universal service in a way that's consistent with response ability accountability and predictability insurgency. so in some ways the hardest part of implementation will continue to work together as a group to get the balance right so that we get broadband to people who don't have it who deserve a comment that we don't waste money and wales are cognizant of business realities for come and he is receiving funds for the program and deal with those companies and a fair reasonable, phased-in way. >> very good, thank you. one of the things that all of us hear a lot about our dimasi is that the lifeline program and the marketing is very, very aggressive now. many americans are concerned about dimasi is possible fraud and abuse at

funding four five providers in a single area for find funding, one company when there was an unsubsidized competitor. the reforms we put in place are designed to cut those back and move forward with funding broadband 4 and served americans in places like arkansas. the transition is challenging but our focus is on achieving these goals for rural america and the purpose of universal service in a way that is consistent with fiscal responsibility and accountability and predictability and certainty. we are in some ways the hardest part of the implementation. we will continue to work together as the group to get the balance right so that we get broadband to people who don't have and deserve it and don't waste money but also are cognizant of business realities for the company's receiving funds for the program and to deal with those companies in a fair and reasonable and phased in way. >> any of you can jump in on this. what we're hearing a lot about our miss use of the lifeline program. marketing is very aggressive now. many americans are concerned about the possible fraud and abuse of the lifel

even with the support of subsidized and unsubsidized loans. i've put out over $80,000 into my eldest son's college. please, let's help those that help themselves. if not, then the economy's going to fail. -- continue to fail. the middle class will go bankrupt just trying to pay for these kids'

can you imagine the unsubsidized rate? now, it wasn't all dreary. we did have disco. fortunately for all of us that craze subsided. look, i'm sharing this ancient history with you not to depress you, but rather to give you a reason for optimism. because when i think back hidden in all this lousy news at the time were seeds of many positive developments that we never could have recognized then. for example, many historians now see afghanistan as a key to the collapse of the old swoon soviet union -- soviet union. ladies and gentlemen, for all the global hot spots we have today, no one would want to go back to the world where a nuclear war between two superpowers seemed a real possibility. most people also did not foresee that we were on the verge at that time of medical, technological, and consumer product ref lution that is would turbo charge our economy for decades to come. the first apple computer with all of 8k ram, that's not g it's k. it seems quaint today. i think it's a museum piece. it was the first vestige of our modern informational electronics era. similarl

community, paper producers and their employers have been hurt by unfairly sdiced imports of paper -- unsubsidized imports of paper from china. the international trade administration is to devote the same level of funding, $11.4 million, for china anti-dumping and compliance activities. given the rise in chinese imports and the increased complexity of cases, the i.t.a. must evaluate, we must ensure that efforts to protect u.s. manufacturers and employees from unfair trade practices receive sufficient dedicated funding. my amendment increases the amount the i.t.a. must use for these activities by $5 million, from $11.4 million to $16.4 million, using existing resources provided for under the bill. i want to thank chairman wolf for working me on this amendment and i want to encourage all of my colleagues to support the amendment. with that i yield back the balance of my time. the chair: the gentleman from ohio yields back his time. the gentleman from pennsylvania. >> we would agree to the amendment. mr. wolf: i accept the amendment. i think it's a good amendment. the committee continues to support i

can you imagine the unsubsidized rates? it was not all dreary. we did have disco. [applause] for all of us, that crazes subsided. i am sure it is ancient history and to give you a reason for optimism. den werehink thback, hideen seeds a positive development that could not have recognized then. many historians see afghanistan as the key to the collapse of the old soviet union. for all the global hotspots we have today, no one would want to go back to the world were a nuclear war between two superpowers seemed a real possibility. most people also did not foresee that we were on the verge of medical, technological, and consumer products revolutions that would turbocharge our economy for decades the kind. the first apple computer with all of eightk ram, no 8g, 8k. it was the first vestige of our modern economics. lilly that i join was a far cry from what it is today. three years after i joined, it they traded the very first madison created using the new dna -- there's after i joined, if they created the first medicine using the new dna technology. several years later,