Students are getting the education they deserve. This is a large problem. Nearly a nearly 100 schools in detroit Public Schools, 60 Charter Schools in and around the city, 18 Educational Achievement schools, several adjacent charter and school districts, yet parents cannot find the quality education they seek. One of the issues is detroit Public Schools are in debt. By this summer it will be over 515 million in debt. To achieve the needed academic outcomes Financial Stability and detroit Public Schools must be achieved. Going1100 per student is to debt service, and not to classrooms. Problem lets solve this problem and help the kids. Prompt legislative action is needed to minimize the fiscal impact on both detroit, and the rest of michigan. The time to act is now. And avoid Court Intervention that could cost all this much more and be more detrimental. I want to thank senator hanson for the legislation and the input of many legislators that they provided over the last several months. I
Also, i am looking for tour conversation about our primaries and what they all mean to us because in a few weeks well be in the midst of it all. One one of the real questions i think is whether it will be a rare instance where this is a form policy election or an election that is driven in a large part by Foreign Policy rather than domestic issues. We have a number of experts with us today. Opens, charlie cook editor and publisher of the cook report, a colleague of mine, sam feist was senior vp of cnn who can entertain us with stories about organizing debates. , jim lindsay who is chair of the council. His long time partner. Well have an initial period where i lead a conversation but we will have ample time for you to ask your questions and make comments. I will get you out of here at 930 a. M. , as promised. I would remind you this is on the record, well simulcast of my casting this. This is not a typical cf our event where it is on what we call house rules. Let me start off by asking
Resilient, whic ways that we bee are going to help both businesses and consumers. The bill includes investments in Energy Storage which helps integrate Renewable Energy. It has provisions for advanced grid technologies, which really help make our electricity grid smarter and more intelligent to move Energy Around more efficiently. It has Cybersecurity Research and development. I dont think there will be anybody here in the senate that wont support this more robust effort on cybersecurity, given the challenges and threats we face. It has a focus on new renewable technologies, which are great brickintroduce in helping to which are great breakthroughs in helping to drive some costs. The cost is basically onethird to onehalf less of newgeneration services. This chart here focusing on that is the question of whether you want to pay 4. 6 cents a kilowatt for production or 12 cents a kilowatt for production. I know this id rather pay 4. 6 cents. I would rather drive the efficiency down to the
Senator rand paul dropped out of the republican race today. He is going to focus now on getting reelected to his senate seat in kentucky. Now to the democrats, after losing to Hillary Clinton in iowa, by the narrowest of margins, Bernie Sanders is beating her nearbily 2 1 in the latest poll in New Hampshire. Here is nancy cordes. Their argument is, look, you are behind. Reporter with her poll numbers sinking here, Hillary Clinton all but concede to Bernie Sanders today. Putting it off on geography. New hampshire always favors neighbors which i think is neighborly. Reporter sanders represents vermont next door. How much of your lead do you think should be attributed to neighboring state . If you did a poll about how many people in New Hampshire new Hillary Clinton, how many people knew Bernie Sanders, i suspect more would have known Hillary Clinton. Reporter he says he is with the states progressive base. 56 of democrats who voted in New Hampshires 2008 primary called themselves liberal
Banks in greece may soon be facing the European Central bank reportedly looking at limiting emergency liquidity assistance. Proposals that would raise the discounts imposed on collateral securities when the bank of greece makes loans. The steps will be taken if greece does not reform its economy to get bailout money. A former ecb president says the rest of europe is waiting for greece to act. We have to be realistic. It all depends on the maturing of the position of the greek government. If it wants to deliver growth and jobs which is the main goal of that government it has to produce a recovery program. Betty european ministers are scheduled to meet on friday. The banks said a key measure of financial strength fell in the First Quarter. It may need to boost capital. The ceo. In the businesses where we are focused, we are doing well. The credit business, which was more difficult for the industry in the quarter, emerging markets, those are businesses that are power alleys for us and we