Services. [please stand by]. Second, the budget assumes that placements of clients in other Housing Alternatives p predominantly in the second half of the fiscal year would allow the city to ramp down this s. I. P. Program as the other programs are ramped up, and thats essential because were planning for our world in unknown timing where the city will work to have these individuals housed but without the fibenefit of fema reimbursements. Our latest projections, which we published earlier today and which you all have, indicate that some early costs with some modest delays in the implementation of the project, its projected to go beyond its costs by approximately 75 million. The plan is heavily heavily re fema, and id be happy to answer any questions that the board has after abigail presents. President yee abigail . [please stand by]. Many who come from all over the city as well as our nonprofits have our deep gratitude for rising to this occasion, and our commitment to rehousing of ever
Chuck blah house is back ,o talk about Social Security chuck strategist at blah house come as we sit here eightmonth into the pandemic, with the resultant economic downturn, he talks first about what covid impact has been on the health of the Social Security system in this country. Nott it probably will surprise your viewers to see that it is having a negative effect. The recession that has been , wages have covid gone down. All of that weakens the Financial Sense of full security. Ate looking at a painful security programs even before covid, and this has made the situation more urgent than before. It . Urgent is what is the status of Social Security right now . Guest i would say it is extremely urgent. Wen before the pandemic hit, were risking getting past the point of no return with the Social Security finances. The five readjustment that we have to make if we want to continue to have our Social Security program that has been financed and historically the weight has been, five of tho
Belgium urge eu leaders to step up plans for a no brexit. 50 questions from german lawmakers. We will talk to a member of the team. Rd investigative a warm welcome to the program. U. K. Data. Datac sector net borrowing coming in this morning. Excluding the banking group. At 28. 3ber has come in billion pounds. That is below estimates. The estimate was for 30 billion. That are than anticipated. Really interesting aspect here payhat the Public Sector conversation will look like from here. We have a Spending Review coming wednesday of next week. In july, the chancellor made the point that the fed felt publicsector pay was needed. We are bracing for some effort from the treasury with regard to Public Sector pay. Squeeze in Public Sector pay perhaps coming. We will focus on that and it will be interesting to see the comments coming through or the numbers coming through on the banking sector. That is the u. K. Data. Markets. Futures looking a little bit mixed really if you take a global pict
Phone lines split up as usual this morning. Democrats, 202 7488000 is the number to call in. Republicans, 202 7488001. Independents, 202 7488002. You can also send us a text. That number, 202 7488003. If you do, please include your name and where you are from. You can catch up with us on social media, twitter and facebook. A very good monday morning to you. You can start calling in now. Theheadlines on this topic, first use of the vaccine maybe december 13. 40 million doses said to be available by the end of the month. That from the front page of usa today. Frontline gets the first vaccine doses, but then who . Thats the question we are asking this morning, asking you to be in the position of setting the priority, how would you do it . Turning to the cdc webpage there, i q a on how the cdc is making its covid19 vaccine recommendations. Making those disease vaccine recommendations based on the input from the Advisory Committee on immunization practices. Its a federal Advisory Committee
Entered a new wave of cases. Europes twin battles. E. U. Leaders make no progress. Chancellor merkel says finding compromise will be difficult as france and belgium are said to have urged e. U. Leaders to step up contingency plans for a nodeal brexit. Very good morning to you and happy friday. What a week it has been. Witharted the week off optimism and euphoria with markets on a high into vaccine news and we will be ending the week on a much more sobering tone. The news coming out in the United States, california imposing a new curfew, with pressure on officials. We wake up to a public clash between Steven Mnuchin and jay powell on unused lending funds and we saw that hit the futures market. S p 500 futures paring some of those losses. We have nasdaq futures relatively flat this morning. Treasury yields steady. In the pound, north of 132. We do have sources telling bloombergs that Emmanuel Macron is urging his e. U. Counterparts to start drawing up contingency plans for a nodeal brexi