Seriously considered. Senator mccain has already referenced them. One is i think we have to take a hard look at overhead. The army but not just the army but the military across the board, all of the services to include department of defense are very very Large Organization with a big bureaucracy with a significant overhead. A second is acquisition. As already previously mentioned, theres a considerable amount of cost and in many cases waste in the acquisition process. We need to get that under control. And the third and final piece that i think is worth taking a look at theres a wide variety of emerging technologies that could in the outyears could lend itself to automated processes and reducing either manpower or manpower costs, compensation cost over time. Thats three big areas that would want to lock at if confirmed. We have russia creating a looming threat in europe, we have the pacific and chinas expansion or i should say increased activity there. We have the ongoing war in the mi
It compounds month after month. That is only to people who are getting unemployment or are unemployed. Many are the heads of household. The implication of this part of the crisis affected many tens of millions of americans well into the 50 and 60 million. 27 million americans directly affected, so the Ripple Effect into 50 or 60 million americans just from employment. Housing prices collapsed back into thousand one levels relatively quickly. Historic foreclosures were out of control, millions and millions of foreclosures. Small businesses were crushed. As Economic Activity plummeted one of the frontline organizations started going bankrupt at historic rates due to the complete lapse of Economic Activity. Underwater homes, the silent crisis, when over 30 . The mortgages were much higher than the value that the homes could be sold for in the markets as prices collapsed. Even through today, there are still waiting money way too many underwater homes. There are tens of millions of american
Displaying good faith, honoring commitments, and adopting the right approach, then diplomacy can prevail over violence, suffering, and oppression. This will provide a Solid Foundation for further and more effective diplomatic interactions. Before i conclude, let me thank those ambassadors who supported the jcpoa and also those countries who helped this deal happen. Let me respond to some baseless accusations by some members, some previous speakers. It is ironic that the distinguished ambassador of United States accused of my country of harboring a hostage. Reckless acts of the United States in our region for so many years are at the root of so many challenges we are now facing in our neighborhood. Iran is a stable country in an unstable region. We want our stability to persist. We do promote a stability in the region and we help our neighbors to stabilize and cooperate towards that. In conclusion, let me also inform you that my delegation upon instruction from a government is forwardin
That it will improve gdp. Maybe it will. But if it does not increase middleclass incomes, which is the greatest problem we face in the country, i cannot before such an agreement. Brendan the white house said it will open the economy to more products. The imf is playing hardball with greece. Christine lagarde said she will not let greece skip a payment. Greece told creditors earlier this month that it might have to skip a payment. The issue comes down to other greece will agree to more economic reforms. The greek finance minister said that the answer is yes. What were asking for is absolutely sensible. We are a new government. We need to come to terms with our partners on four or five large returns reforms. Brendan chances appear to be shrinking that the fed will raise Interest Rates in june. In february, the atlanta fed president said he wanted to keep the possibility open. After his speech yesterday, he said the june was not off the table. Dont we all just sit around and listen to all
Mother from georgia my father from southern virginia and washington. Its where they met, married and had me so without the great migration i wouldnt be here. I dont know who you would be talking to. So ive lived with all my life. I grew up with people from North Carolina South Carolina georgia all around me in the neighborhood where he grew up and i was surrounded by the language the food, to the music the ambitions of the people who had migrated from the south and competition about whose child will go to catholic school, School Across the park so its been with me all this time. To enforce regulations under the doddfrank financial law. The sec is requesting 1. 7 billion for nick steers budget and the cftc is asking for 280 million. This is an hour and a half. Good afternoon. The subcommittee will come to order. I am pleased to convene this hearing of the Financial Services general Government Subcommittee to consider the fiscal year 2015 funding request of two key federal regulatory age