Hours and 20 minutes. [inaudible conversations] the subcommittee on housing and insurance will come to order. Without objection the chairs other is to declare a resource recess from the anytime. Without objectio on members have five legislative days to submit extraneous material to the chr for inclusion in the record. I now recognize myselfor five mites to give an opening statement. Today t subcommitteeill hold a hearing to discuss the lack of affordab housing in many communities acrosshe country. In particular we will examine governmental barris as well as rketbed solutions to bring down the cost ofousing. Americans spend more in housing than a other household expense representing 33 of that the familys budget. Historically. Families in many areas of the country would love to get back to that level. The rising home prices and rents as far exceeded, as far exceeded the rate of wage growth, so in cincinnati of iowa city once consider affordable to medium home prices 2,270,000 which is a
Hours and 20 minutes. [inaudible conversations] the subcommittee on housing and insurance will come to order. Without objection the chairs other is to declare a resource recess from the anytime. Without objection on members have five legislative days to submit extraneous material to the chair for inclusion in the record. I now recognize myself for five minutes to give an opening statement. Today the subcommittee will hold a hearing to discuss the lack of Affordable Housing in many communities across the country. In particular we will examine governmental barriers as well as marketbased solutions to bring down the cost of housing. Americans spend more in housing than any other household expense representing 33 of that the familys budget. Historically. Families in many areas of the country would love to get back to that level. The rising home prices and rents as far exceeded, as far exceeded the rate of wage growth, so in cincinnati of iowa city once consider affordable to medium home pr
And stanford . A more Perfect Union goes to the school to see how it operates on a shoestring budget. But we begin this mornings eye opener with your world in 90 seconds. Weve seen it against innocent bystanders. A car plows through a crowd in australia. Two men were arrested. Its always a lot of fun when you win. The president takes a victory lap on the tax bill. They may be celebrating today, but i have a feeling that next november they will not be celebrating quite as much. In Mexico Police say driver negligence and speed caused a bus crash that killed eight american tourists. In washington, a highway shutdown after a deadly amtrak crash has reopened again. They condemned the decision to recognize jerusalem as the capital of israel. Let them say a lot. We dont care. The good news, nobody got hurt. All that battery conspiracy. Apple confirms it slows down the iphone to reduce power demands. And all that matters. What kind of grandmother is Gloria Estefan . A fun one. I just enjoy it
Their own. Think about anybody who all of a sudden has a child that you werent aware they were pregnant. The fbi now joining the search. All i want for christmas and christmas crunch time. The lastminute deals and apps to use to get the perfect present just in time for the holiday using only your phone. And good morning, america. Thank you so much joining us on this thursday morning. Its great to have you, tom, here with a terrifying attack australia. A d cro Holiday Shoppers durin rush hour on a busy street in melbourne injuring more than a dozen people. Police have called it deliberate and that driver is under arrest along with another person and James Longman has the latest. Good morning. Reporter amy, good morning. Police are saying they still have no clear idea on motive although the suspects Mental Health issues are being raised. This is another deadly attack in a major western city. The white suv plowed through busy street barreling across intersection filled with pedestri 19 in
2027488001 is your number this morning. You can also join us on twitter if youd like at twitter. Com cspanwj or post your omments on facebook. Com cspan. Republicans only this morning will start off the show with just hearing their voices on the possible back and forth between republicans and democrats on allowing undocumented youth to say here in exchange for the wall. Does any deal have to claw wall . The Washington Times frames it this way this morning. Democrats back off wall for better deal on dreamers. Senate dreamers on wednesday backed off their red line host though the president said it can be built much faster and cheaper. Here is the minority whip in the house, steny hoyer of maryland yesterday talking about this. He held a News Conference with socalled dreamers. Heres what he had to say. Senator feinstein said to the president , mr. President , youve greed were going to do this in two phases. One being the dreamers and the second being comprehensive Immigration Reform of a