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The white house from the outside is that its actually a very normal life upstairs on those two floors in the white house residence. First ladies probably and i know i did lie on the couch and read a book and in my case my cat would always curl up next to me. Up next ahead of the Congressional Budget Office on the deficit. The Economic Outlook and how the labor market is being affected by the Health Care Law. Douglas elmendorf was before that House Budget Committee for two and a half hours. [inaudible conversations] see the hearing come to order. I love everybody and welcome. I first want to th...

A percent of gdp during that time. They are hire in each of those years than they are today, is the rights because thats right, congressman. And their higher, are they not do, in each of those years than it will be as a percent of economy 10 years from . Yes, thats right. My calculation is that the average amount of revenue as a percent of gdp when the last balance the budget was 19 of gdp. During those four years the average amount of revenue was 90 of gdp. Now, you have just testified that the main reason that were going to see an increase in the deficit in the out years is because we have t...

Programs that reduce the existence of poverty and the suffering associate with it. So i want to ask you, what policies are antipoverty initiatives tend to get the most bang for our buck in terms of boosting Economic Growth . For example, what is the impact of Economic Impact of not extending Unemployment Compensation for the 1. 7 Million People have lost their checks what theyre looking for a job . Will we see them fall into the ranks of the poor . Does raising the minimum wage boost Economic Growth and reduce poverty . Whats the impact on poverty and Economic Growth rate as a result of, unfor...

For the welding and the fabrication we have done well keeping up on that and almost now almost 170 cast nodes i think its 170. I have to do the math quick. Cast nodes in the delivery, about halfway through so were looking to finish that up. More cast node shots in the inspection stages and ready for shipping out of the fabricators. We ran into one more pg e line in the work so they have promised us right guy . That they will be done relocating that in july so we will finish up that work in august. The contractor is ready to move back in as soon as pg e gives the all clear sign. Going through t...

The mitigation is 2. 5 million over what we anticipated at this point. The chart that we shared with you. This is a chart that we shared with you as sth of mitigation if we stay on average within the estimate. It shows that the remaining reserves would be 15 million [inaudible] and the remaining construction contingency which is addition to the construction contingency and the [inaudible] would be 72 million, 72 and a fraction so right now were off target by 2. 5 million dollars. The assumption is if were within the estimates on the award of the project we would have 50 million in reserves lef...