Live in an sro. I ask that you give to the families. So i ask that you give housing to families so they are stable, and i made all effort to apply for housing, but i didnt get housing because i live in a hotel. I ask that you give to the families and there is more funding for families and their housing. Thank you very much. Thank you. Next speaker, please. So im going to say a few words. So my name is laurdes. I worked in sf for about seven years now helping family find housing, specifically latino families and families that speak spanish. Again, i want to also echo what [inaudible] said, the hardest hit right now, our families are working families and they are immigrant families and they are family out there who are cooking in the kitchens, cleaning, these are our most displaced families, and there are decisions that are being made inside this place that are effecting the lives of every single individual here including yourselves, and there are families here that couldnt be here becau
Chief of staff mark meadows and treasury secretary Steven Mnuchin. Those top officials also said to meet with democratic leadership this afternoon. Secretary mnuchin previously telling reporters the next one will primarily focus on kids and jobs and vaccines. A republican senator John Barrasso weighs in on that in a moment. First to our Congressional Correspondent chad pergram who is trying to keep this all straight. Chad . Good afternoon. This is the first round of negotiations and as you say, they are having these round robins today, three total meetings here on capitol hill as they try to get this launched in the next couple of days. House Speaker Nancy Pelosi indicates that she would like a bill to be finished by the end of next week and Mitch Mcconnell the Senate Majority leader indicates he is going to take the reins on this bill, going to write the base bill and release that in the next couple of days. However, he indicates that he needs to get republicans in the first. The amer
We will have about 25 minutes and i know he will have to leave about 1 45 p. M. And will stay with us as long as possible to take as many questions as he can. After that, he will have to leave and we have to continue our day. With that thank you again. Good afternoon and good to see you all. Before taking questions come i want to talk more about the Economic Impact of the administrations student loan plan. It will lift a large weight of tens of millions of middleclass americans, people who came by and large from working families and who are working class now. Teachers, nurses, firefighters, police, members of the military and more. We are not only benefiting them and their families, we are benefiting the committees they live in and the economy as a whole. There is good evidence that student loan date that makes it harder for people to start new Small Businesses. This means more middleclass americans can open more businesses in their community and it means more Job Opportunities in the
I mean yes we are going to be living i mean i have an economic forecaster but everything i read suggests we are going to be living with an unusually high levels of unemployment, a lot of pain from over indebtedness and a quarter of the country is on food stamps. I mean its not a great depression. We are not repricing exactly what happened in the 30s but its a version of that. See the Consumer Financial Protection Bureau estimates that Student Loan Debt is more than a trillion dollars. Up next the Senate Budget committee looks at how that that affects borrowers and the economy as a whole. This is an hour and a half. [inaudible conversations] see this hearing will come to order. I want to thank senator johnson who is filling in today for my Ranking Member senator sessions. Welcome to you and all of our colleagues who are joining us today as well as a roomful. Welcome to all of you on a really important topic today. We are going to be talking about a challenge that 40 Million People aroun
People have to turn to Student Loans to help finance their education. In just a few moments you will hear from britney jones. Shes going to be talking about how taking out Student Loans made it possible for her to get a College Degree and britney id look forward to hearing more about your experiences. You were to start a teaching career and the same time paying down the student loan the but later college. Of course britney is not alone. Dealing with overbearing student debt is becoming a reality for growing number of americans. Statistics are staggering. Today the average College Graduate will have to pay back around 30,000 in Student Loans and a Record Number of young households owe student debt. Back in 1989, 16 of young households have student debt. By 2010 that figure had more than doubled according to the pew research center. More young people than ever before are dealing with more student debt than ever before and that can have lasting consequences. Americans who took out school