It is not realistically within the realm of possibility. This committee follow the murray ryan agreement and mark up at a trillion, 14 billion. That was the deal, and we will stick with the deal. The second issue that was raised is on the subject of entitlement reform. One of the reasons the mandatory programs are growing are because of the success of people who represent agencies at this table. Social security, people live longer. So we have more people than might have been anticipated by the actuaries in 1950 and 1960 when people died from heart attacks and so on instead of the challenges of chronic illness. One of the reasons that medicare is also an issue is because, again, people are living longer, and we need to manage the chronic illness. But there are paths forward to bend the curve, one of which is, again, from research. Much has been said about alzheimers. And, gosh, if we could crack that code, it would have a tremendous impact. So it all kind of goes hand in hand that, one,
Million alone and closer to now be a total of 883 million of essential Capital Improvements. We think of our capital as both essential. You have to do it in order to keep thing just running and the low cost power coming into city hall and funding all the street lights, the General Hospital and the muni. And then also there is a lot of other Capital Projects that youll hear about during our Budget Hearing that we would like to be able to do, but theres just not funding identified yet. So, youre going to hear Capital Needs in excess of a billion dollars. Mountain tunnel alone i mentioned earlier is one that is about 6 28 million, and this tunnel has been in operation for 80 years ~ with little maintenance at all. And its a function of how well it was built and being built through granite. Additionally, to the expensive and not aging infrastructure, we have benefited significantly as a city from very low cost of distribution rates. An Interconnection Agreement settlement in 1987 with pg e
The pucs power enterprise was balanced the last two. Previous to that it was not balanced and it showed a shortfall. But it did you point out that it is relatively straightforward if we dont have more revenues to pay for costs, we could only buy what we can afford to. So, here again now, we fast forward two years three new pieces of information mean costs even larger than what we have ever assumed. Mountain tunnel was already in last years capital plan [speaker not understood]. It was in it for the last several as far as the maintenance work, but it was in at 100 million of cost. With the potential for collapse of the mountain tunnel which would disrupt the water supply and a recently completed engineering study, though costs have gone upwards of 6 28 million ~. So, that, sir, is new, and i do understand that that would be a very surprising and large change. The Interconnection Agreement expiration, though costs have always been in our tenyear plan, but not to the recently filed and he
Ladies and gentlemen, please welcome Margaret Spellings, president of the george w. Bush president ial center. [applause] good morning, everyone. Thank you for joining us today as the announcer said i am Margaret Spellings the president of the bush president ial center in dallas, texas and i am so glad to see so many familiar faces with us for a special announcement. We would like to thank our supporting founders without whom we would not be here. The moody foundation, our friends are sitting on the front row is leading the way and their gift is making this possible they are joined by two other foundations and the representatives from those organizations are with us today. Thank you to my partner and best friend Bruce Lindsey of the Clinton Foundation and my friend who is the ceo of the Library Foundation and the chairman of the lbj Foundation Library board in austin. Our National Archive partners are led by the affiliated libraries are here with us. And smu, Clinton School of Public S
With success in you know, weekly coping 19 special every thursday on d, w. A b or a this week on . Well stories, clemency for x, terrorist in indonesia, jackals attacking, croatian islands. We in, in ukraine where soldiers are gradually preparing for winter after the army successful offensive, and hoping to gain even more terrain. They are digging in. The soldiers have only recently moved forward to the new position. Now they are fortifying their defenses, repairing, retrench. Its been more than 3 months now since ukrainian president volume is zalinski and ice cubes counter offensive. In the salt law, we are constantly trying to drive the enemy from their positions with these attempts have been successful color and we are moving forward. We now have new positions and we fortifying them. That is how we make a constant progress forward. You can shuttle hemispheres for quite some time. Ukraines successes in the south have been less spectacular than those in the north east of the country.