Beginning. It was worse than a gamble. It was sort of betting your life savings on the turn of a roulette wheel. Reporter back in 2012 the University Spokesman told us there was nothing to worry about. We have no financial issue here for at least the next 26 years. Reporter somehow he stands by that Statement Today claiming the cal athletics deficit is separate and cannot be tied to the stadium. The stadium debt has little, if any, impact on that deficit. Reporter he said numbers show the stadium made 26 million in revenue in 2017, an 8 million surplus, math that only works if you divorce the stadium loan from the Athletic Department deficit altogether and even the chancellors Intercollegiate Athletics task force linked the deficit to the payment. When this charge is deducted from operating profit, it creates expenditures over revenues. There is no distinction made there whatsoever. And so it seems like a shell game to me of the way that youre explaining it, you know, robbing peter to
Earlier today, the u. S. House debated the 2018 budget resolution which sets overall 2018 federal spending at 1. 13 trillion. The measure also requires committees to work on tax reform. The house passed the bill 216212 after the Senate Approved it last week. Well show you the house floor debate from this morning. Its an hour and a half. Tennessee. From mrs. Black thank you, mr. Speaker. I yield myself such time as i may consume. Tennessee. Mrs. Black thank you, mr. Speaker. I yield myself such time as i may consume. I rise today in support of Senate Amendment house concurrent resolution 71, the budget resolution for fiscal 2018. Passing a budget is never easy and has once again been a challenge this year. But i am encouraged with where were now and i am pleased that the senate did its work by approving a budget. One that we can support in order to unlock tax reform for the American People. Without question there are plenty of things that i wish were included in what the Senate Passed.
We ask your blessing now on the whose of this house responsibility lies also beyond the local interests of constituents while honoring them. Give each member the wisdom to represent both local and National Interests and responsibility calling for the wisdom of solomon. Grant them, if you will, a double portion of such wisdom. Bless us this day and every day and may all that is done within the peoples house be for your greater honor and glory, amen. The speaker the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1, the journal stands approved. The pledge of allegiance will be led by the gentlewoman from hawaii, ms. Gabbard. Ms. Gabbard i pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The speaker the chair will entertain up to five requests for onemin speeches on each side of
At 1. 32 trillion and require federal committees to work on tax reform. Heres a look at some of the debate from the house floor. This runs about an hour and a half. Concurrentsupport of 71. T of Senate Amendment house concurrent resolution 71, the budget resolution for fiscal 2018. Passing a budget is never easy and has once again been a challenge this year. But i am encouraged with where were now and i am pleased that the senate did its work by approving a budget. One that we can support in order to unlock tax reform for the American People. Without question there are plenty of things that i wish were included in what the Senate Passed. Ideas that the house put forward earlier this month when we approved our budget. For example, i still feel strongly about addressing unsustainable mandatory spending, and that hasnt changed. The growing burden of debt caused by mandatory spending is a real problem that cannot be ignored. We owe it to the American People to do something to offer serious
Unsustainable mandatory spending, and that hasnt changed. The growing burden of debt caused by mandatory spending is a real problem that cannot be ignored. We owe it to the American People to do something to offer serious reforms that ensure Government Programs are financially sustainable and working well for generations to come. And i think we will tackle this important issue in the future. A choice. Dont have but despite any shortcomings of the Senate Passed budget, i am encouraged that it does reflect the shared priorities of both chambers. Moving forward with this budget by our upported president. I want to remind my colleagues that before final passage last week the senate did include numerous provisions previously passed by the house. And i was proud to be involved in those negotiations with the leaders of the house, the senate, and the white house. For example, the Senate Passed budget creates a mechanism that would permit the Budget Committee chairman to adjust the budget alloc