Are sold. Faa administer testifies about airplane Safety Standards and oversight. The Senate Transportation committee is investigating the faas safety certification process after two deadly crashes involving the boeing 737 max aircraft in 2019. From earlier today, this is just over two hours and 45 minutes. Good morning. Today the committee convenes for a hearing on the federal Aviation Administrations oversight of aircraft certification. I welcome our witnesses, faa administer steve dixon and michael stumo, father of samyo who tragically died and thank them for participating. March 10th marched the oneyear anniversary of the crash of ethiopians flight 382. The aircraft involved in both accidents was the boeing 737 max. Our deepest sympathies continue to go out to the families of those loved ones who are among the 346 souls lost in these crashes. Since the Ethiopian Airlines crash, the committee has heard from many whistleblowers at the faa, at boeing and in the Aviation Industry. It i
Good morning. Today the committee convenes for a hearing on the federal Aviation Administrations oversight of aircraft certification. I welcome our witnesses, faa administer steve dixon and michael stumo, father of samyo who tragically died and thank them for participating. March 10th marched the oneyear anniversary of the crash of ethiopians flight 382. The aircraft involved in both accidents was the boeing 737 max. Our deepest sympathies continue to go out to the families of those loved ones who are among the 346 souls lost in these crashes. Since the Ethiopian Airlines crash, the committee has heard from many whistleblowers at the faa, at boeing and in the Aviation Industry. It is increasingly clear from our investigation that the faa has a number of Serious Problems to address. My investigation staff has interviewed dozens of witnesses, reviewed many thousands of documents and emails and been diligent in pursuit of these facts. No matter where they lead. However, i must express my
Said that the evidence suggests that nationwide were at the peak on new cases whats your evidence for that where the numbers well all were doing is looking at the numbers were looking at our graphs were looking at our models were getting a great response from deborah and from tony and from many of the professionals that are working we have great professionals working with us and i think based on that where were doing very well based on that it looks like were headed absolutely in the right direction but some states are looking at other states and theyre saying i cant imagine what theyre going through because theyre not in that position theyre in very good shape i would say that we have 20 states at least but you really have 29 that are an extremely good shape you have others that are getting much better and i think with almost a few exceptions you have every state that is either doing better or on the way to doing better yet place. That one on your threat to adjourn or. Circuit adjourn
Again to an impossibly distant 2015. , the year that film comes to mind as i think about the changes we are seeing in how seniors approach work and retirement, the topic of todays hearing. For most of the past century, seniors have been withdrawing as americansforce came to view retirement as a time of uninterrupted rest and leisure that could last for decades. Ofthe year 2000, only 32 werecans age 55 and older still working, and the average age of retirement had dropped to just 63, but the babyboom generation has reversed this trend. Today, 40 of workers 55 and older remain in the workforce, a ratio not seen since the eisenhower administration. Remainingoomers are in the workforce longer for many reasons, but one leading reason is the need for Financial Security. Many americans today dont have the resources they need to live comfortably and retirement without working. It used to be said that Retirement Security was a threelegged stool, the first leg being an employerprovided pension,
Expected to grow modestly this year and a solid pace through the next few years. Although real adjusted inflation grew weekly in early 2015, the economy now appears to be on firmer ground and we expect the pace of Economic Activity to pick up over the next calendar year and the next few years. After that, we expect to see moderate to constrained early growth in the workforce. Real gdp will grow by 2 this calendar year, by 3. 1 in 2016, and by 2. 7 in 2017. Above its potential or maximum sustainable rate over that time frame. The economy will grow at an average rate of 2. 2 , equal to its real growth rate. This will be driven by consumer spending, business investment, and residential investment. Over the next few years, the faster pace in growth output is expected to reduce the quantity of underused resource, or slack, in the economy. The estimate was about 3. 4 in 2014. Cbo next to narrow that gap to its historical average by the end of 2017. Although labor Market Conditions continue t