Journal texas congressman gene green. Us to discussns her new book. Washington journal is live every morning at 7 00 eastern. Cspan, we bring Public Affairs and events from washington directly to you. Putting you in the room at congressional hearings, white house events, and conferences. Offering complete coverage of the u. S. House as a Public Service of private industry. Created by the tv cable tv industry and funded by your local cable or satellite provider. You can watch us in hd. Officials from the u. S. Army, navy, air force, and raines testified about how the fence as restraints and marines defense budgetw restraints are affecting the military. This is about two hours. The hearing subcommittee will come to order. Good afternoon. The tactical air and Land Forces Committee meets today in open session to be seek testimony from each of the four military services on the impact of sequestration and continuing resolution known as cr. For over two years, this committee has held numerous
And, for example, installing the 8 megawatts of rooftop solar on city facilities as well as the grants that have been provided for private solar on rooftops. But the system is aging and needs a great deal of improvement. Take a moment and think about our mountain title as an example, its been in Continuous Operation for over 80 years with very minimal improvements. And, so, you will hear from us as our commission has been deliberating over the last several months, that our Capital Needs have increased significantly. We run a system that is in large part 50 to 100 years old. And many of those assets have had little to no refurbishment because they were built to last that long, and thats a testament i think some of the [speaker not understood] soundness of the men and women in San Francisco and those that came before us. The Central Capital improvements mean that our capital plan and our required spending is going up over 500 million alone and closer to now be a total of 883 million of e
Million alone and closer to now be a total of 883 million of essential Capital Improvements. We think of our capital as both essential. You have to do it in order to keep thing just running and the low cost power coming into city hall and funding all the street lights, the General Hospital and the muni. And then also there is a lot of other Capital Projects that youll hear about during our Budget Hearing that we would like to be able to do, but theres just not funding identified yet. So, youre going to hear Capital Needs in excess of a billion dollars. Mountain tunnel alone i mentioned earlier is one that is about 6 28 million, and this tunnel has been in operation for 80 years ~ with little maintenance at all. And its a function of how well it was built and being built through granite. Additionally, to the expensive and not aging infrastructure, we have benefited significantly as a city from very low cost of distribution rates. An Interconnection Agreement settlement in 1987 with pg e
The pucs power enterprise was balanced the last two. Previous to that it was not balanced and it showed a shortfall. But it did you point out that it is relatively straightforward if we dont have more revenues to pay for costs, we could only buy what we can afford to. So, here again now, we fast forward two years three new pieces of information mean costs even larger than what we have ever assumed. Mountain tunnel was already in last years capital plan [speaker not understood]. It was in it for the last several as far as the maintenance work, but it was in at 100 million of cost. With the potential for collapse of the mountain tunnel which would disrupt the water supply and a recently completed engineering study, though costs have gone upwards of 6 28 million ~. So, that, sir, is new, and i do understand that that would be a very surprising and large change. The Interconnection Agreement expiration, though costs have always been in our tenyear plan, but not to the recently filed and he
Power below cost, there just is not enough money to do all the things that are good and that we would want to do. And, so, the fiscal plan for the pucs power enterprise was balanced the last two. Previous to that it was not balanced and it showed a shortfall. But it did you point out that it is relatively straightforward if we dont have more revenues to pay for costs, we could only buy what we can afford to. So, here again now, we fast forward two years three new pieces of information mean costs even larger than what we have ever assumed. Mountain tunnel was already in last years capital plan [speaker not understood]. It was in it for the last several as far as the maintenance work, but it was in at 100 million of cost. With the potential for collapse of the mountain tunnel which would disrupt the water supply and a recently completed engineering study, though costs have gone upwards of 6 28 million ~. So, that, sir, is new, and i do understand that that would be a very surprising and