Okay, good morning, everybody welcome to the final 2016, meeting of the San Francisco board of supervisors budget and finance committee meeting. My name is mark farrell and i will be chairing this committee and i am joined by supervisor norman yee and joined momentarily with tang and i want to thank, lindy wong and sfgtv for covering the meeting. Do you have any announcements . Silence all cell phones and devices completed cards and documented to be included as part of the file should subm submitted to td clerk. Call item one. Hearing on the recent updates regarding the citys financial position, including the mayors budget instructions to departments for the physical year, 17, 18, and 18, to 19. And requesting the mayors budget director and the controller to report. Thank you very much, supervisor tang has joined us, and this is an item that we called and i want to thank the budget dreker for being here and i thought that it was the end of the year here and the mayors instructions that
Silence all cell phones and devices completed cards and documented to be included as part of the file should subm submitted to td clerk. Call item one. Hearing on the recent updates regarding the citys financial position, including the mayors budget instructions to departments for the physical year, 17, 18, and 18, to 19. And requesting the mayors budget director and the controller to report. Thank you very much, supervisor tang has joined us, and this is an item that we called and i want to thank the budget dreker for being here and i thought that it was the end of the year here and the mayors instructions that came out last week and it would be a good idea to get the up date as a board and a city hall and thank you for being here and i know that you have a presentation to go through. Great. Thank you chair farle and so im melissa the director and i am joined by the controller, and we will be going through this presentation for about the next 20 minutes. Feel free to stop me if you ha
Christina pierson covers, for the wall street journey wall street journal. Erik wasson covers budget and appropriations process for bloomberg. Christina, you are up first. Christina the current funding expires on april 28. Are we a week away from a Government Shutdown . Rep. Yarmuth i think it is highly unlikely. I think most likely he will see a shortterm continuing resolution a week or two. That will provide enough time for negotiations to take place. I think both sides have things they would like to see in any funding mechanism over the last five months of the fiscal year, so i suspect we will look for more time to do that rather than get that all accomplished in basically three days next week. Eric republicans control the white house and both houses of congress, but i hear some of your democratic colleagues saying democrats have the upper hand in the bill will luck it would have under president obama. Do you agree with that . Rep. Yarmuth i think we have a letter leverage in the si
Christina pierson covers, for the wall street journey wall street journal. Erik wasson covers budget and appropriations process for bloomberg. Christina, you are up first. Christina the current funding expires on april 28. Are we a week away from a Government Shutdown . Rep. Yarmuth i think it is highly unlikely. I think most likely he will see a shortterm continuing resolution a week or two. That will provide enough time for negotiations to take place. I think both sides have things they would like to see in any funding mechanism over the last five months of the fiscal year, so i suspect we will look for more time to do that rather than get that all accomplished in basically three days next week. Eric republicans control the white house and both houses of congress, but i hear some of your democratic colleagues saying democrats have the upper hand in the bill will luck it would have under president obama. Do you agree with that . Rep. Yarmuth i think we have a letter leverage in the si
Moments ago, White House Press Secretary Sean Spicer playing coy with President Trump tomorrow on tax reform saying only hes got a great plan for you to see and that the president plans to do everything he can to make america more competitive. Capitol hill in the last 15 minutes, were Hearing Senate Majority Leader Mitch Mcconnell sounded optimistic about reaching an agreement on funding the government to avoid a shutdown saying hopefully well have something in the next couple of days. Folks, its midnight on friday night, so, yeah. Three days left. While minority leader senator Chuck Schumer is saying americans should breathe a huge sigh of rief now that the wall does off the table. President trump leading with his brandnew secretary of agriculture, sunny purdue at this hour, and hes bringing along farmers to the white house. First time farmers have been invited inside the oval office in the white house since ronald reagan. A breadbasket lake a trade deal with canada. Were going to bri