North american infrastructure debt at black rock, susan gray and david nassan. [applause] thank you, kevin we have hard act to follow. The administration has really prioritized a big boost to Infrastructure Spending on the order of a trillion dollars, clearly thats a very big sum but also very much warranted. Public construction in this country has been declining for years and is now 1. 5 of gdp annually. Just to put that into context, western europe on average spends 2. 5 of gdp annually and china, closer to 8 of gdp. Any of you who have spent time on the roads and airports wont be surprised the u. S. Infrastructure report card from the American Society of civil engineerings and i think they gave them a great of a dplus. Over the past your years with over 4. 5 trillion. So we have two big questions. First, funding a trillion dollars in spending is a daunting task. So even if direct federal spending is only a fraction of that. Some suggest it could be on the order of 150 billion to 250
Windows and put holes in the walls trying to see into the house. Break into a home and then barricade themselves and and threaten Law Enforcement that they are armed, this is a dangerous person. So anything is possible and we are not going to rule out that he is not lying in wait for us. Reporter now, this all started around 1 30 p. M. Yesterday when a Fremont Police officer tried to pull the suspect over. He backed the car into the officer patrol car and a gun battle broke out. The officer was shot. The suspect fled the scene got into another gun battle with a second officer. That second officer was shot, as well. Both of them were taken to the hospital. One of them possibly shot in the face. He later entered a home on the 41000 block of roberts avenue. Thats where officers tracked him down around midnight and they have been in negotiations with him since. We are expecting the Fremont Police chief to be out here later today to give us an update on the officers. The whole ordeal in its
The hearing today, what does it deal with . Guest something called the commission on care. Something that was part of the choice act. When Congress Asked the robert to carve out six 2 60 of our budget million of our budget. Time, they came up with 18 recommendations. Of the 18, we said we agree with 15 of the 18. 12 of the 15 are already underway or already completed. For us, the commission and their findings reinforces but we are trying to do with our my v. A. Transformation in transforming the work of the v. A. To better care for veterans. Host although care delivered by the v. A. Is comparable or better than clinical quality generally available to the private sector, it is inconsistent from facility to facility. How would you respond to that . The Biggest Issue was inconsistency. Some were leaders and Lean Technology as a way to provide care. There are some who had never heard of lean. We tried to defuse best practices across. I came from the private sector, i was 33 years of procte
We will be speaking to the head of deco, the European Market they are thects largest provider of temporary workers of the world. , the ecb day, and the euro worlds worstperforming major currency, currently at 109. 62, some people calling for it to reach parity and other saying it will never happen. Miners are leading the chart. This is on the back of and whatss out there mario draghi can do. Lets get to the first word news with nejra cehic. Nejra chinas Consumer Prices jumped by the most since mid 2014, driven higher by phone costs. Cpi rose 2. 3 from a year earlier as prices surged. The Producer Price index fell almost 5 , extending declines to a record 48 months in a row. The man who led volkswagen through the emissions scandal has unexpectedly quit. He is said to be leaving my mutual agreement. Inbecame the u. S. Ceo january, 2014. He improved dealer relations so much that when he came to light, independent retailers lobbied for him to stay, saying his removal would be catastrophic.
202 6280205 for independence. You can also make a comment on social media. Front page of the Washington Post this morning, epa chief agency was too slow to help flint. Over theessed concern issue. Her mccarthy did not use powers until late january. Assuming the state would make good on promises to take decisive measures, the epa did not push michigans Environmental Quality agency hard enough to begin treating the water, mccarthy acknowledged. Often fearod up to he is questioning at a congressional hearing that calls forepublican her resignation, asserting that under the law her agency had done all that it could to residents. Nts 95,000 she refused several times to accept blame for the catastrophe, laying the responsibility. Here is a bit different the hearing yesterday. Gina mccarthy the underlying circumstances that allow it to happen are really ot. Not. As a country, we have a systemic problem in under investing in the Environmental Protection community. This is an Environmental Just