We could reach even more kids in need. My food Bank Provides more hot meals a day or case throughout the year. Children who visit partner sites were not partner sites a model to receive a nutritious meal bubble have a safe alternative to being on the streets. They get tutoring mentoring and sports. Far too many children cant read afterschool programs particularly in the summer. My stay of less than 10 of the lowincome kids in and 18 nationally. Why is that . Our programs are concentrated in Jefferson County and urban county were programming and services are available at many children can get the sites. The current number of 3d model which requires real designated site works great in these instances were children have congregated for tutoring and mentoring. We face two challenges enriching kids in a warm rural community. Lack of sites and transportation. Those communities simply lack facilities were kids can congregate and consuming that which makes the onset eating requirement difficul
About the eligibility requirements of the current child nutrition assistance cadre of programs as they exist today . I think the important thing when youre talking about reducing errors and improper payment which is i think we all agree is a very important endeavor is to create a culture where a culture of compliance with the rules. We want the rules to be followed. I dont think the rules themselves are the problem i think its helping people understand them and there are lots of different people involved in the system. Its families when theyre filling out applications, its schools when theyre running programs, its states when theyre administering them. So i think that kind of day in and day out work is whats most important to reduce errors and reduce improper payments in the program. I would second that and also add its important to as a former president once famously stated, its important to not only trust but verify. I would add to that and say its important to trust and verify in a
Has put in place knew rules for prime institutional funds that get rid of the fixed dollar value. They will have net asset values that will reduce run risk. That aside to allow firms to impose fees something that could create Financial Stability risk that we need to watch. The so called Triparty Repo market which is a major source of shortterm wholesale funding, that contained great risks. We have taken steps important steps to mitigate. Central counterparties a thrust of reform has been to try to move as many derivative contracts as possible into central counterparties to have them. By central counterparties something that serves to reduce risk and complexity and enhance Financial Stability but when these entities themselves become systemic and clearly need supervision something that you have mentioned in imf work is that we have a major growth of open ended mutual funds where you have funds that are investing in highly illiquid assets. The industries are promised immediate liquidity.
Weekends and in the summer, but limited resources mean we cannot provide a backpack to every kid who needs one. We also looked into mobile summer feeding programs but our Rural Communities are so small and far apart the time requirement of having a kid eat a full meal before going to the next location thats required is cost prohibitive. Waiving it to allow Program Models in hard to reach models will address these barriers and significantly expand the number of children we reach. Finally, the summer ebt demonstration demonstration projects provide another model. This model families of children receiving free or reduced Price School Meals are giving an ebt card to purchase food at Retail Stores in the summer. We would like to see this expanded in communities that have high need and are difficult to reach. I would like to close by saying im convinced that child hunger is a solvable problem. Its going to require collaboration between government, business and nonprofit stakeholders and were
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