Doctors, many of them from the bay area. What is your groups ultimate mission . So first i do want to agree with you that the governors staff have put together a really superb group from experts from southern california, nourn california, academic institutions, health departments, so it is a great group of people with a lot of expertise. My understanding is that our committee and there are other advisory committees relating to covid and the vaccine. Our committee is primarily being asked to review all the information as it comes out, about what we know about these new vaccines and to look very carefully at their safety, at their effectiveness and make recommendations to the state of california regarding their use. Ok. So essentially getting your sale seal of approval before its released to californians. What steps will you be for the efficacy. The trials that are currently being done and we dont know exactly when those data will become available, but presumably sometime in the next one
Moderately above 2 inflation, moderately is what it says in the statement but does not define exactly what moderately means. There are two centers to this action, Robert Kaplan wants to see the statement to the way it was pretty wants to statement to read the economy or stance will remain the same until the economy has weathered the storm and the economic storm we have here. Well cash on the other side dissented because he wants more dovish language in this. On implement rates, statistics are very interesting here. They have reduced now the planet rates rates and estimation of this year to 7. 6 by the end of 2020 grid that is down from 9. 3 from their june projection and then also 5. 5 from on a plummet rates in 2021, 4. 6 and 2022 and 4 in 2023. The real gdp prediction cut in half for the losses they are paired they are now saying its a loss of 3. 7 at the end of this year with a bounce back of 4 next year. The inflation, fed estimates that pce inflation is 1. 2 this year up from 1. 7
Several of whom will participate remotely. I will come artisticpa wish panl of witnesses. I thank them for a period. Today we will hear from mr. Steven berry, president and chief exec of Competitive Carriers Association paid ms. Shirley bloomfield, chief executive officer of the ruralhe broadband association. Mr. Dean kimmelman, Senior Advisor of Public Knowledge who will be appearing at testified remotely and mr. Jonathans vulture, president and chief executive officer of u. S. Telecom broadband association. The crisis has changed lead dramatically for every american. As the administration and the center for Disease Control and prevention encourages social a distancing to prevent further spread of the virus normalia activities like work, school and Health Care Services are now increasingly taking place online. This has caused a huge uptick for the use of broadband in one estimate shows that every Broadband Usage is up by 47 since the pandemic began. The good news is theres been progre
A half hours. [captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] this hearing will come to water. Welcome, welcome. Today the committee convenes to broadband during the covid19 pandemic. I extend my appreciation for my colleagues attentions attendance and participation. I welcome our distinguished panel of witnesses. Mr. Y we will hear from stephen barry, president and chief executive officer of the competitive cares organization and the chief executive officer of the Rural Broadband association. Mr. Gene kimmelman, Senior Advisor on public knowledge, who will be appearing, testifying remotely. Jonathan spalter, of u. S. T and ceo broad,. Covid19 crisis has changed life dramatically for almost every american. As the administration and the centers for Disease Control and prevention encourage social distancing to prevent spread of the virus, norm
The use of broadband. One estimate shows average Broadband Usage is up by 47 since the pandemic began. Good news is that theres been some progress in connecting all americans. The fcc has recently released broadband deployment report shows us the number of households without Broadband Service continues to decline. Yet despite these advances, there is still significant work that needs to be done to get every american connected. The Current Public Health crisis has made these efforts all the more urgent. I appreciate the initiatives led by the fcc to sustain and accelerate the availability of broadband connections. This includes the keep americans connected pledge, where providers have committed not to terminate Broadband Services to any residential or Small Business customers because of an inability to pay their bills, among other commitments. Along with temporary mod ifbss to existing universal fund usf programs to support the surge in demand for an internet service. These commitments