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Its sunday, october 8. Good morning and thanks so much for joining us. Im chris wguyen. Carolyn tyler has date off today. Frances is in for lisa blue skies for today. Temperatures in the 60s. Fairfield just hit 69, San Francisco is currently 56 degrees. Check out this beautiful live view. Its going to be a great day. Sunny and mild in the next hour, most temperatures in the 50s and clear and blue this afternoon. In fact, well still see a warm evening by 5 00. Inland areas will be in the low 80s, around the bay mid70s and mid60s at the coast. Things will get very windy overnight into tomorrow, so red flag warning will be in effect starting at 11 00 a. M. Ill have the details coming up. Chris . Frances, thank you. Developing news out of marin county. The chp has arrested a man in connection with hitting four bicyclists with his truck. The Department Posted this picture of the ....
Understanding that we are doing our kids and grandchildren a great disservice if we dont own up to the infrastructure problems we have right now and we work with the governors around the country to move forward on this issue. So mr. Chairman thank you very much. Snack thank you senator. Let me make this comment. We are very proud to have all of you here. We had some al masai think so the full panel was not here but i appreciate very much your coming. Its important i believe when i look at this politically is going to be necessary to have a lot of pressure a lot of pressure from the states in order to get the support necessary to get this through. Its going to be heavy lifting. We know you guys are available and are able to do that. Lets start with opening statements. Thank you sir and good morning everyone. Its a pleasure for me to be with you senator inhofe and senator boxer and i appreciate senator sessions great introduction of may a good friend of my appreciate all the members of t ....
And local governments have the tools they need. This is a very important topic. We learn a lot when we got involved with Hurricane Center recovery and we are taking the larynx that we derive from that and trying to build into more of our programs routine resilient construction. For instance we found that stoplights needed to be waged in the ground deeper to be more resilient. And when that local leaders in my state are working hard to address whether its new york city or projects to improve sidewalks and crosswalks in upstate new york. Yielding pedestrian infrastructure and how we design our streets safe slice. As this Committee Works to revise map21 we should invest in critical safety programs that protect the safety of pedestrians including the children and the elderly and people with disabilities. What would be the implications of failing to adequately address the safet ....
That is why we sent you to grow america act last year and why we will send you a new and improved grow america act this year. We certainly know that the grow america act is not the only approach to solving the infrastructure and mobility challenges of the future. We look forward to fully engaging this committee and with others on both sides of the aisle to chart this path together. But we believe there are some essential principles that any bill must have. First were going to need a substantially greater investment. Were also going to need a greater level of investment over time. Not just six months, or even two years. If we want communities to build big projects they can take in some cases five years or more. We need to ensure funding for roughly that same amount of time. I think senator boxers analogy of trying to buy a house with a fivemonth loan is a great analogy. There are processes that neat to be dealt with. We believe we can do that while ensuring better outcome for the enviro ....
Great big mansion if we have the resources to build a hut. And i think that our system right now really needs a substantial injection of a longterm bill but also substantial growth to counteract the cumulative effect of the shortterm measures in the recent past. And one followup real quickly on that specific point. Is there a version of that proposal you are talking about that doesnt have the big tax increase on successful folks as part of it . Because going back to the spirit of my comments, im suggesting that, you know, we get real and we cut to the chase so we actually solve this in a meaningful way by may. So if were just talking about that version, in all due respect, i dont think that is meeting my test. Well, you know, the green book last year published three specific ideas about pro Growth Business tax reform that i think potentially would meet your test. One was eliminating lifo. Another was eliminating accelerated depre ....