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A. M. Eastern tuesday morning. Join the discussion. Next a hearing on the u. S. Economic outlook with keith hall, director of the Congressional Budget Office that provides analysis. This is two hours. Welcome to the committee on the Budget Hearing on the Congressional Budget Offices and outlook. I want to thank everyone for being here this morning. Were holding the hearing to discuss the congressional economic outlook, which gives us a tenyear projection of our spending, our National Debt and how the economy is going to perform over the next decade. The report forms the corner stone of the work at the House Budget Committee and i want to thank everyone at the cbo for hard work i ....
The subject matter description, with respect to agenda items it will be afforded when it is reached, each member may address the commission for up to three minutes,vy no speaker cards. Does any member like to speak on a nonagenda items. Seeing and hearing none we will close comment. That will place us under the department matters, directors announcements. Mr. Fry is not here at the moment, so maybe we will reopen that later. Sure. We will move on to commission matters. Yes. Very good, commission matters item three, president s report and announcements. Item four, consider of adoption for the minutes arc july, 20, and the draft minutes of hpc february first, 2017 hearing. Commissioners anything for comments . All that i have to dredge my memory. We transscribed the comment letter from the staff on to here and we are probably waiting for that. I thought that was mine. Okay. Does any member of the public wish to comment on the draft Mee ....
We will move keeping into it and any other comments so through mark and make sure the staff gets that and we have plans to show you the plans and the details. Back to the financial questions at the interface of the bond budgets and what is not in the bond budgets which maybe a television that wasnt planned or a chair or stool or a staff i guess how do those things get worked out . What is in the bond and what is not in the bond . And what if theyre under run or over runs how do the dollars get worked out . We dont allowed over runs sir. [inaudible] [off mic] how do we manage the risks around the budget since were talking about budget . Surely wont be a television set; right . Yeah, right. So we can go into as much detail you would like but we have a pretty good process that we practiced in 2008 bond which had a very large and ebs Extensive Program and we have high level of magnitude and we literally have a process where we brin ....
We are in agreement we do things like from the city college we dont mess around why not more middleIncome Housing for First Responder and working class folks all of the Different Levels of people need more housing in the city we can build rehab and one thing in 2014 i said we needed a housing plan i know said that to john rahaim his staff was going nuts not getting all the permits out get them out faster at the knew and the public knew we announced thirty thousand rehab housing by 2020 well, today, because everyone is middleclass and working together 17 thousand one hundred of units have been completed clapping. 36 affordable inform middleincome and low income we have to keep it going working very hard and build and when we Work Together we can get stuff done toda ....