San francisco has shareholdeou much of the housing load and are already at 140 of our market rate housing goal in our current cycle, which goes until 2022. We do not need to increase our market Rate Housing Development goal, especially now as we see an exodus of hilowincome works out of San Francisco. The Affordable Housing needs are great, as we all know. San francisco has roughly 49,000 extremely rent burdened households in 2015, the overwhelming majority of housing facing cost burden, are very lowincome and extremely lowincome households, and a majority of lower income households are house burdened. During the covid19 pandemic, the Housing Needs of low to moderate Income Housing workers have become increasingly evident. So this urges abag and rnha to focus on current Housing Needs in San Francisco [inaudible]. Clerk thank you, supervisor mar. Supervisor peskin . Supervisor peskin thank you, madam clerk. Colleagues, mr. President , i have a number of items that i would like to presen
Postal service . There certainly are. We all know there are. After all the usps has been on the Government Accountabilitys highrisk list since the beginning of the Obamabiden Administration. The systematic issues are not nufmente they did not creep up in the last few weeks since the new postmaster has been in office. They have been here for a while. If we are trying to address issues, there is room for discussion. The late chairman Elijah Cummings and the how white house chief of staff mark meadows had a bill that had serious effort put into it. Tomorrow well have a hearing with the postmaster to discuss the build we are arguing today. The white house has offered 10 billion package, which the speaker has rejected. There are option it is we want to address the real issues. Todays not about a serious effort. Todays effort is yet another smokescreen. Another Conspiracy Theory forced on the American People to distract us from the real problems facing the American People. To distract from t
Him about the cuts he made to the Postal Services funding. Fox news Congressional Correspondent has the latest from capitol hill. Reporter President Trump is standing by his belief that mailing voting would lead to voter fraud in the upcoming election. This is democrats saying he is trying to sabotage the election by making cuts and defunding the Postal Service that would slow the flow of mail. This is a claim the president denies. Its not a political issue. We cannot have millions and millions of ballots sent all over the place, sent to people who are dead, sent to dogs, cats. Reporter the postmaster general is set to testify on friday. Meanwhile, House Democrats are calling for the fbi to investigate whether he or the board of governors have committed any crimes by slowing down the mail. It is one of the most undemocratic things i have ever heard of. You are opposed to people voting by mail, disenfranchising them. Reporter nancy pelosi is bringing back the house from their august rec
I also rise in strong support of the brave postal workers across this nation who are continuing to deliver the mail for the American People in the middle of a global pandemic. Pandemic. He Postal Service is the critical component of americas infrastructure. Lifeline of medication, supplies, and mail all americans everywhere they live, especially in this need. F earlier this year, the postal to help. Sked congress they asked us for 25 billion in assistance to help navigate through this crisis. Other ke all these industries did. Usinesses and entities who received federal funds from congress. This was not a democratic request. From the Postal Service, and it was supported unanimously governors. D of all of whom were appointed by trump. Nt in response to this urgent request, the house acted. Said yes. We acted swiftly to help the Postal Service. Voted to include 25 billion in the heroes act, and we passed on may 15. Unfortunately, the president agree, and the request has language wished f
At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p of 21 points, two thirds of 1 . Look at the nasdaq, a half percentage point and more because a big tech again. The market is also getting help from the europeans who reached agreement on a near trillion dollar rescue plan that helps and they are still negotiating a plan for the United States as of right now. Bottom line, big tech in the market going up again today. A different story in our cities there is a confrontation going on on one side local largely democrat mayors on the other federal auth