For more information on this and other cities on the local content vehicles tour, go to cspan. Org localcontent. Now, James Gustave speth argues that building a democratic and ec lookicallysustainable Economic System will bring about a new wave of prosperity. This program is about an hour, 40. [applause] thank you, john, and thank all of you for braving the weather and coming out, and thanks especially to the cosponsors who joined ips in this and the aflcio for making in the room available. Its wonderful to see so many people here and so many old friends here. So thank you all very much. I will try to not talk for too long. I have my watch. I didnt have it one time when i was speaking at yale, and im delighted to see some of my students from yale here, and i ran over real badly, and i apologized for not having my watch and letting things get out of hand, and students said, that east okay, dean speth, theres a calendar on the wall behind you. [laughter] its good to be here, also, on the
An agreement before the new years deadline. The house is due tomorrow as well. We do not have an agenda and there. With the fiscal cliffhanging out there heading into the year 2013, do you have optimism or pessimism heading into the new . You can also send in your comment via twitter, a post a comment on facebook, or write us an email. The theme of optimism or lack of it is prevalent in the papers. Wednesday with congress and the president heading back to washington. Here is a headline on usa today. In the wall street journal if the in the washington post. We welcome your phone calls. We will get to them in a moment. We did find another piece at politico. There you have it in the papers this morning about people being optimistic or pessimistic about things. I want to dig a little bit deeper into the wall street journal piece. I we will probably see some what of a flurry of activity tomorrow. If first call. What is your name and where are you calling from . I think that caller is gone.
Made the right decision to take a riskbased approach and put readers where they need to be. And that we think thats going to be a measure in our program for our program considering its a biometric credential. I think the last thing is share information. Which we do on a daily basis. So we need good, quality information to make good decisions with. We need the information to keep on coming so we can continue to make good decisions after we issue the credential. We need to install readers. And we need to continue to share information, which we do on a daily basis with our partners. Mr. Caldwell . Thank you very much. I mean, the most difficult question is how do you measure security and risk . I think we have actually looked at that quite a bit across a lot of these programs. I think one of the better problems we found is Coast Guard Program called maritime Security Risk analysis model where they can, at the facility level, try to measure the riskbased on vulnerabilities and threats and
Request project level data upfront so we can start to get that information to form even more effective measures of outcomes. On the grants management side, senator, we certainly have measures now, and even over fy 12 measures of our monitoring. Mr. Caldwell mentioned the level of monitoring. 100 of our Port Security grants undergo some level of monitoring. We have a tiered Monitoring System where our Program Staff on our routine basis look at every award, look at the history of the grantee, the history of the outcomes achieved, their Financial Measures from draw down, rate of expenditure, rate of deobligation. That, then, is reviewed. We do prioritize based on the risk we see in their management of the grants all the way up to desk reviews where we request a lot of information from grantees and site visits. What i would tell you, senator, i look forward to continue working with you and continue to get the data we need to form more effective measures. I agree with you that everybody can
Mesherment that shows that in a more compelling way. Each has a security plan, right . Yes. Has Homeland Security done an analysis of what the total cost would be to bring it up how much total for all of the tier one ports would we need to spend to bring them where they need to be. Do we have that . Do we know that . Im not aware of that analysis. Thats an important question because if you dont know what they need, i know you know where the weaknesses are. If the total bill for bringing our tier one ports is 2. 5 billion, were 12. 5 years from bringing that. By that time youll have replacement needs so the question is dont we think its important to know and heres the total cost to get us where we want you. Which one of those top eight ports, which one has the greatest vulnerability and should we not be spending maybe 70 million at one port and 30 million at the other eight on the basis what the total need to to get them to the level where we feel confident. Well take a close look at th