You can see that we are near a 60 year high. Weve come somewhat off it, were near a 60 year low in revenue. That says to me weve got to work both sides of the equation. Those who say weve got a spending problem have it half right. We also have a revenue problem and both sides have to be addressed. Our gross federal debt surpassed 100 of our g. D. P. This year. It is projected to rise to 115 by 2022. The definitive work on death studied 200 years of financial history, looked at dozens of countries and concluded once you reach a gross debt of more than 90 of g. D. P. , your future economic prospects are affected in a negative way. You have reduced Economic Growth once you get to a gross debt of more than 90 of your g. D. P. As you can see, weve passed that marker. We are over 100 of g. D. P. , we are headed for 115 of g. D. P. If we fail to act. This is why many of us have called for action. It was six years ago this month that senator greg and i first came up with a commission to addres
Country and ill be asking some of the questions you submitted online. Its never been a more important or difficult time to be a mayor of a big city in america. Over the last month, mayors have faced unprecedented challenges, a once in a century pandemic thats forced mayors to make timely and difficult decisions under tremendous pressure. Decisions that if they get wrong, could cost thousands of lives. Then, in the wake of the Police Killing of george floyd, we have seen a once in a generation movement. Huge street protests and calls to end police brutality, but more deeply to fundamentally reorder the priorities governing the agendas of cities, to undo the decades of systemic racism that have resulted in everything from mass incarceration to health and racial disparities. S all of that is happening in that fraught moment. Because big city mayors are navigate thing, they are negotiating the calls for safety and health, equity and justice being made. Its been over a month since george fl
Questions you submitted online. Its never been a more important or difficult time to be a mayor of a big city. Over the last month, mayors have faced unprecedented channels, a once in a century pandemic thats forced mayors to make timely and difficult decisions under tremendous pressure. Decisions that if they get wrong, could cost thousands of lives. Then, in the wake of the Police Killing of george floyd, we have seen a once in a generation movement. Huge street protests and calls to end police brutality, but more deeply to fundamentally reorder the priorities governing the agendas of cities, to undo systemic racism. All of that is happening in that fraught moment. Because big city mayors are navigate thing, they are negotiating the calls for safety and health, equity and justice being made. Its been over a month since george floyd was killed by a Minneapolis Police officer. There are still people protesting in the streets across america, night after night for a month. The protests a
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Prime Minister and Minister for Pacific Games Jeremiah Manele has handover over keys to recipients of 20 Indian-donated Tata buses at the National Stadium.