Quarter of 2019. There is slight increases in expenditures, about 2 at zuckerberg, but at the clinics, there is about 16 jump, primarily because we had Maxine Hall Health Center with a bid that came within budget. That is why its jumping from 20 in march to 36 currently. I hope you can see some of this detail. Sorry. I was going to do [laughter] 11 by 17 and my printer got crazy. But let me tell you about the framework that we have here. And what id like to do is have terry salts from zuckerberg and talk about how the team has been able to navigate a lot of risk on the project. This represents bringing both programs at zuckerberg and the clinics into black in terms of budget balancing. So on the chart, what we did, we broke the projects so that you could see basically most of the money that zuckerberg is going into clinical. Thats the bulk of the money. Then as you move down, we have categories for infrastructure, seismic, et cetera. So you can see where the variations are happening. O
S p 500. You are talking about how investors are happy with the fed decision. This chart suggests they may get happier. A chart of the s p 500. We see theseyear, areas of consolidation as the bulls took outcome of the buyers taking out above the 50 day moving average. In may, that bearish action. There was an area of congestion that went to the sellers. The buyers have stepped up in this area of congestion into todays meeting. Broke to the upside yesterday. You can see less than 1 away from alltime highs. Gaining momentum. The s p 500 is confirmed for 30 six, suggesting new alltime highs are ahead for the s p 500 this summer. Emma if you were just watching gold this afternoon, you got a clear read on what we learned from the fed. It approached a 14 month high at one point during the session as investors said that fed would cut rates. Two ways in which this benefits that the fed may be considering cutting rates suggesting that the economy is getting worse. If the times are going to get
[laughter] 11 by 17 and my printer got crazy. But let me tell you about the framework that we have here. And what id like to do is have terry salts from zuckerberg and talk about how the team has been able to navigate a lot of risk on the project. This represents bringing both programs at zuckerberg and the clinics into black in terms of budget balancing. So on the chart, what we did, we broke the projects so that you could see basically most of the money that zuckerberg is going into clinical. Thats the bulk of the money. Then as you move down, we have categories for infrastructure, seismic, et cetera. So you can see where the variations are happening. Oops sorry. So the first project that was the original budget with little or no detail that went into the 2016 bond. The forecast second column project tells us where were at today with all the available information. And then the four variation column tells us how we varied. So ill just touch on this, because i think terry can give it m
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Hi, everyone. Good afternoon. Welcome back. I know you are excited to be back with us. Id like to introduce secretary raimondo whos been here many times before and we are excited to have her back to announce the next step the department of commerce is taking to implement the 50 million of the chip act funding so with that i will turn over. Thank you. Hello, everybody. Its great to be here, and this is a very exciting day for those of us that are obsessed with ann excited about the chips. Thanks to President Bidens leadershipde into the bipartisan work in congress, we now have an Incredible Opportunity to unleash the next generation of american innovation, protect our National Security and preserve our Global Economic competitiveness. As we have talked about for decades in the United States, our Innovation Ecosystem and investments in innovation have been in decline and today begins a chapter in revitalizing innovation and research and development and today we begin to reverse the decli