Apply and a lot of people are getting hit with these huge bills that they do not know about. A lot of the consumer advocates that we talked to said that lawmakers really need to step up on this and take some sort of action to close the loophole in the overall law for Debt Collection so that it does include government Debt Collection as well as consumers consumer Debt Collection so that everyone is on the same Playing Field and that consumers do not end up in these situations. Host the story can be found on cnnmoneys pace. The headline is the secret world of government Debt Collection. I want to thank both blake ellis and melanie heck of a for joining us as one. Guest think you very much. Host were taking it to the Senate Energy and Natural Resources committee. There is a hearing their. There is a hearing there. Well see you right back here at 7 a. M. Eastern, for pacific on washington journal. Call the hearing to order this morning. We are here this morning with secretary jewell and mr
Budget to help the people of king cove . What have you actually done over these past 14 months to fulfill the promise that you made, because you said that you have concluded that other methods of transport remain that could be improved to meet community needs. What has been done to help the people . Can i have a few minutes . Please. As we talked, senator, we have engaged conversations with corps of engineers about alternatives. Negotiating an mlu with them. It is i think approximately 40 miles between king cove and cold bay, if you drive there. Its ten miles through the refuge. You already have most of that road built. And as i have spoken with people in the community when you and i were both there it is very difficult in harsh weather conditions to move around that territory, period. So i have worked with the corps of engineers. Were continuing to do that to look at alternatives, such as Helicopter Services between cold bay and the end of the road that is built as you referenced, bec
Opportunities alaska has with regard to resource production, you have enabled an unprecedented attack on our ability to responsibly bring these resources to market. The president has withdrawn over 22 million more acres of alaska from Energy Production just in recent weeks, and that has occurred on top of many other restrictions and regulations being imposed on us. Its occurred despite the Tremendous Energy opportunity and potential in those areas. Despite our no more clause. Despite the pressing need to refill our pipeline. And despite strong opposition from most alaskans. The map that i have behind this is one my colleagues are going to become familiar with because im going to be pointing it out quite frequently. The colors on the map represent those areas that are withdrawn from any Development Opportunity whatsoever. Some are, in fact, proposed critical habitat areas, so they are not fully withdrawn at this point in time. But we have the anwr new wilderness proposal. The president
Budged. Dow futures down by 6 half a points below fair value. The s p 500 closed another record high on friday. Nasdaq down by 9. 5. One Economic Data point of note, the National Association of Home Builders will release its Housing Market index for may. Thats due at 10 00 eastern time this morning. A little bit of news out of chicago, charlie evans, he says the feds should aim to boost inflation by keeping Interest Rates near zero until early next year. Evans is a Voting Member of the fomc and argues inflation has been running too low for too long. We just had him on. Yeah. Yeah. Exactly. Thats not new, is it . They have got the dual mandate. Right. We knew this was kind of where he was headed with things but people are looking at fed speak very closely right now to try to figure out. Did you see the fed futures in september pushing that of 0, thinking its less lick like dr likely. It could be negative in the first quarter. Could be. 5 for the first half. What happened to 3 . 3 . And
Leaders and it was very clear that there is no daylight amongst the elected leaders in terms of how they are viewing these decisions coming out of the administration. So i just want to make again very clearly enunciate very clearly that i oppose this administrations decision on anwr i oppose its decision offshore, i oppose its costly restricts and endless decisions within the mpra and oppose what its doing to our plasser miners and Timber Industry and many other Resource Producers ready to provide good jobs to hardworking alaskans. The state of alaska was actively ignored. The north slope bureau, alaska native corporations and many alaskans all of whom asked for an oil and gas alternative in interiors anwr plan by claiming that it requires an act of Congress Even though an act of wilderness requires the very same. The actions from this administration seem destined to shut down our transAlaska Pipeline weakening our economy, forcing our state to make steep budget cuts and really violati