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four formula programs with more flexibility within those four formulas. in the exchange, states require are required to develop annual benchmarks of performance, and annual reports so that there is transparency and clarity about what states are planning to do. increased federal funding we will provide. within that structure that i just described, to require states this is what we have proposed? to require states to certify, and have addressed the bridge needs or the surface transportation repair needs, this would be in our first category. and have fully addressed everything they have set forth in their plan. and then have flexibility to address such things as capacity out of that state of good repair category of funding. what is your reaction to that? the devil is in the details. the states are not opposed to performance plans. it would be interesting to see what levels or performance targets people are setting out there and is there sufficient funding based on wh ....
major figure from the president on down is merely reading what somebody else in some committee has produced. philip perzian wrote about presidents and his literary editor at the weekly standard. sunday night he will share his insight on washington on q&a . the congressional budget office projects the federal deficit will be more than 1.3 trillion dollars this year. slightly below last year s record. speaking to reporters on capitol hill, doug elmendorf warm about the long-term effects of higher debt and the effect of high employment over the next several years. this is a little less than an hour. good morning, everybody. thanks for coming. this morning, cto released the summer update to our annual budget and economic outlook. it is available on our website at www.cbo.gov. if you have any questions during the day or afterwards, please don t hesitate to find me. are briefer today is our director, douglas elmendorf. he will do a short talk and then will be happy t ....
Transcripts For CSPAN U 20100819 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.