With children unexpectedly being at home and you are having to deal with worrying about how you will pay your rent or how to keep your families safe. We really appreciate that youve joined us here to talk about something that should be seemingly minor which is a government bureaucracy budget. But for us, nothing is more important than our budget. Because it is the only relevant statement of our agencys values and it determines how we use our very, very limited resources in order to uphold the public good. Public transportation plays a Critical Role in the unfolding of this Health Crisis and in the unfolding of what will be likely a long economic crisis. Our job is to figure out how to steward our declining resources in order to therefore the services that essential workers need to have to get to work and in order to poise San Francisco for recovery, thats what were here for. Everything we do, whether its muni, parking is connected with the health and safety of budget of San Francisco.
There are other supervisors present. Will you please identify yourself. Anybody else who is not on the budget and Appropriations Committee . Thank you very much. I would like to thank Daniel Williams from sfgovtv for broadcasting this meeting. Madam clerk, do you have any announcements . Yes, the covid19 Health Emergency and to protect City Employees and the public the board of supervisors legislative chamber and Committee Room are closed. Members will participate remotely. This is taken pursuant to the state way stay at home order. All proceeding local and state and federal orders and directives. Committee members will attend through Video Conference or telephone and participate to the extent as if they were physically comment. Comments will be available on each item. Channel 26 and sfgovtv. Org are streaming at the top of the screen. Each speaker will be allowed two minutes. You can call 888 2045984. 888 2045984 access code 3501008. When connected Public Comment is open and dial one
Vice chairman and theyll share what to do with your money amid this massive selloff. Lets have a look at whats driving the action the major averages falling into correction territory as the global brought yaoutbreak grows Goldman Sachs is warning that u. S. Companies may generate no Earnings Growth in 2020 based on the elevated uncertainty from the virus and oil prices are plunging on the fears with crude dipping below 46 per barrel at the moment the s p is down 2. 9 , dow almost 800 points. Joining us today is cnbc contributor stephanie link and senior markets commentator mike santoli. Ste steph, youre always looking for the bright side, the growth and optimistic picture we were talking earlier, both of us were talking earlier that this feels like december 24th, 2018, when we got the big swish down and it was really hard to buy then its really hard to buy now. But i can understand where we were selling off we were coming off of a much higher level now than we were in 2018, but it does
In whatever they do for you and humanity. Lord, give them the wisdom to refuse to deviate from integrity, coveting heavens approval in their labors for your kingdom. May they also remember that they are representing your divine purposes for our nation and world. Lord, thank you that your mercy is from everlasting to everlasting upon those who come to you with reverence. May your glory endure forever. We pray in your merciful name. Amen. The president pro tempore please follow me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding officer under the previous order, the leadership time is reserved. Morning business is closed. Under the previous order, the senate will resume consideration of the conference report to accompany s. 1790 which the clerk will report. The clerk conference report to accompany s. 1790, an act to autho
Some of you. And are looking at. So thiis weak little brin t weat so pack that umbrella as you head out the door for work in school. Daytime highs for today, seasonal. 56 in San Francisco. 55 concord and 61 for san jose. Were going to timeout that showers coming up. Gianna . No major accidents to report right now. We have reports of a broken down vehicle. Typically that would not cause too many delays. It is on the upper deck of the bay bridge. Traffic backs up very quickly. As you work your way out of the east bay into San Francisco, you can see speed stepping down to 21 miles per hour. Just past Treasure Island. That upper deck heading into the city. It is blocking one lane there. Chp is on thing. They are trying to move it out of the lanes as quickly as possible. So hopefully that will happen soon. With that means, youre going to see some brake lights there as you work your way on the upper deck of the bay bridge. Things are starting to back up just slightly. A few more cars now at