The chair is authorized to declare a recess at any t time i now recognize myself for an Opening Statement. Good morning todays hearing will focus on the f35 joint Strike Fighter a highly technical Stealth Fighter that is the pentagons largest and most costly acquisition programs in cf 35 Program Began more than 20 years ago the department of defense more than 350 billion onts Development Total cost to sustain the program is estimated at more than 1 trillion. Unfortunately this program is plagued by challenges including major problems with maintenance of the aircraft. This hearing will address the many, time and manpower the military is forceded to spend for spare parts from Lockheed Martin. Juneck 2019 the dod Inspector General found over a threeyear period more than 15000 spare parts for the f35 lacked dialogue that maintains Important Information of the spare parts. 2020 Committee Staff from the majority and minority visited multiple military bases and interviewed personnel who maint
I am pleased that it is one we can work in a bipartisan manner. I believe we all want a Strong Military and a strong private sector and a strong government that is wisely tracking taxpayers money and spending it efficiently for the purposes that it was meant for. I look forward to working with the Ranking Member in the future and i am so pleased he is with us here today. Without objection the chair is authorized to declare a recess of the committee at any time and i now recognize myself for an Opening Statement. Good morning. Todays hearing will focus on the f35 joint strike fighter. A highly technical stuff fighter that the pentagon largest and most costly acquisition program. Since the 35 Program Began more than 20 years ago the department of defense has spent more than 350 billion on its development. Total cost to sustain the program are estimated at more than 1 trillion. Unfortunately, this expensive program has been plagued by challenges for years, including major problems with ma
Next, Defense Department officials testified at a House Oversight hearing on the f 35 joint star fighter jet program. They were asked about maintenance issues and concerns that prime contractor Lockheed Martin provided defective spare parts and Outdated Technology systems for the aircraft. And generalsident manager of the f35 program at Lockheed Martin corporation also joined the hearing remotely to answer questions from lawmakers. The committee will come to order. Like to all, i would congratulate Ranking Member komar. This is his First Full Committee Hearing as a ranking i believe we are want a strong private military, strong private sector that is widely tracking taxpayers money and spending it efficiently for the purposes that it was meant for. I look forward to working with the Ranking Member in the future and i am so pleased that he is with us here today. Without objection, the chair is authorized to declare recess of the committee at any time, and i now recognize myself for open
Public comments are available on each item on the agenda channel 26 and sfgovtv are streaming the number on the screen. Each speaker is allowed two minutes. Opportunity goes to speak during the Public Comment are available by calling 4156550001. 146 3191053 then pound pound. You will hear the meeting discussions you will be muted. When your item comes up dial star 3. Call from quiet location and speak clearly and slowly and turndown your television or radio. The budget and finance committee. Email will be forwarded to supervisors and included as part of the official file. Items acted upon today will appear on the agenda february 2 unless otherwise stated. Thank you, mr. Chair. Thank you. Today we have a full budget and finance committee agenda. Thank you for being brief. Please call items 1, 2, 3 together. 1. Authorizing the Mayors Office of housing and committee to Submit Application to the allocation committee. 2 residential Revenue Bonds in paamount not to exceed 90 million for 1151
Pandemic. The paycheckum Protection Program receiving 349 billion and another 310 billion of supplemental legislation. And with accountability are crucial because the moment theti administration became clear for those that needed it most. So we are not taking any other floor and then to take this opportunity for unanimous consent to get Something Real done with bipartisan support and who can be against transparency and otaccountability . Were close to 700 billion of the taxpayers money iso going and unfortunately the publicly traded companies have secured ppe loans putting some Companies Truly Small Businesses however hundreds of thousands of momandpop shops with the Restaurant Owners with the baker and the candlestick maker have been shut out with a standing relationship with a big bank. So when it comes to minority owned businesses with the center for responsible lending 90 percent of africanamerican and latino ownedno businesses are likely to shut out of ppe funding womenowned busin