Good afternoon. I like to call the subcommittee on housing transportation and Community Development committee to order print out to thank you as always senator you and your staff are working with us on this hearing. What a focus on Community Development Financial Institutions or cdfi and how specifically cdfi can promote Housing Development and Economic Opportunity. I think both center at lummis and i believe everyone in this country should have the freedom and the opportunity to build the lives they want. This is the American Dream and an essential Building Block for pursuing this dream the people have access to capitol and lending and resources so they can buy a home or build a Small Business or get an education. We also know not everyone has equal access to capitol and Financial Services this inequity drives big gaps for disparity, opportunity and wealth which is will be sooner country. Communities of color and Indigenous People and rural areas often do not have the same access to c
Find a full schedule on your Program Guide or watch online anytime cspan. Org history. A healthy democracy does not just like this. It looks like this. Americans can see democracy at work citizens are truly informed. A republic thrives. Get informed straight from the source on cspan unfiltered, unbiased, word for word the nations capitol to wherever you are because the opinion that matters the most is your own. This is what democracy looks like. Cspan empowered by cable. Execs ceos from Community Lending develop meant organizations testify on the impact organizations have an Economic Opportunity but they discussed needed investment in underserved lowincome communities. Bridging the gap between rental markets and homeownership. This runs an hour and 20 minutes. Good afternoon. I like to call the subcommittee on housing transportation and Community Development committee to order print out to thank you as always senator you and your staff are working with us on this hearing. What a focus
Or anytime, cspanshop. Org. Cspan is your unfiltered view of government funded by these Television Companies and more including media. Com. Com we believe whether you live here or here or way out in the middle of anywhere you should have access to fast reliable internet. That is why we are leading the way. Edia. Com supports cspan as a Public Service with other Television Providers giving you a front row seat to democracy. Next, ceos from community, lending, and develop and organizations testify on the impact organizations have on Economic Opportunity. They discuss needed investment in low income communities and bridging the gap between rental markets and home ownership. This runs an hour and 20 minutes. Good afternoon. I would like to call the subcommittee on housing transportation and community developing committee to order. I want to thank you and your staff for working with us on this hearing which will focus on communities relevant, Financial Institutions, how specifically they ca
Good afternoon. I like to call the subcommittee on housing transportation and Community Development committee to order print out to thank you as always senator you and your staff are working with us on this hearing. What a focus on Community Development Financial Institutions or cdfi and how specifically cdfi can promote Housing Development and Economic Opportunity. I think both center at lummis and i believe everyone in this country should have the freedom and the opportunity to build the lives they want. This is the American Dream and an essential Building Block for pursuing this dream the people have access to capitol and lending and resources so they can buy a home or build a Small Business or get an education. We also know not everyone has equal access to capitol and Financial Services this inequity drives big gaps for disparity, opportunity and wealth which is will be sooner country. Communities of color and Indigenous People and rural areas often do not have the same access to c
National debt . It is we the people so the National Debt is our debt. What percentage or our personallyprivately owned debt different than the percentage of National Debt. Host take us through the definitions here. Guest the National Debt refers to when referring to the governments budget. There are Consumer Debt measures out there and the Federal Reserve bank keeps track of that. You spend things on your credit card and they show up in Consumer Spending but another set of statistics address that issue and measure that. The financing is different than the spending which is what we measure. Host we have been talking about reports from the bea, how are businesses going to use the reports in the coming weeks, months and years . Guest i dont know if they will use the data to make realtime decisions. In some ways it is just informative to tell us how we got to where we are today. There is a two year lag for the most part. Business tends to be operating in a realtime bases. There is a lot fo