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Im going to encourage everybody to sit down, grab their seats. Keep eating. Okay. Welcome, everybody. Im maya mcginnis, i run the committee for a responsible federal budget and it is not every day that you see an overflow crowd for a whole event on budget process, so were really excited to have you here. We have a cspan audience, were Live Streaming this, so wonderful to have everybody joining us for what i think is going to be an excellent conference. Im really excited about the people weve gathered here and the ideas we are going to be discussing. So welcome. The committee for responsible federal budget for those of you who do not know is a nonpartisan organization, the board of directors are people who many of whom are here with us today who have run all the big budget institutions in washington, so the federal reserve, the treasury department, omb, cbo, the Budget Committee ....
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another case made was the obstacles that existed absent. the plans we now have easter neighborhood, there seems to be more of an acceptance of these plans but in those days the battles were pitched over every project. i m going to make a motion to approve as mentioned by staff with the period extending back to one would assume 4/4/2013 if i m drafting it correctly. commissioner? yes. unless i missed it somewhere. the stimulus policy gets adopted today which i assume it will be adopted today. is there an expiration date on it? did i miss something or does this continue to go on? it would have a 60-day window. yes. so once the notices go out then a response is back and this is a one time deal. that s correct. it s a one shot deal. if you miss the 60 days then you have to go through the process. i would make a motion to adopt the policy and changes as is. i did make a motion. i didn t hear a second yet but i had a motion already. there was a motion on t ....
yes. unless i missed it somewhere. the stimulus policy gets adopted today which i assume it will be adopted today. is there an expiration date on it? did i miss something or does this continue to go on? it would have a 60-day window. yes. so once the notices go out then a response is back and this is a one time deal. that s correct. it s a one shot deal. if you miss the 60 days then you have to go through the process. i would make a motion to adopt the policy and changes as is. i did make a motion. i didn t hear a second yet but i had a motion already. there was a motion on the floor. the ten year period. right. commissioner? i m somewhat indifferent to the 8-10 years. but given the scope of the recession and that you have to act, i will give it a second to 10 years. on the motion to extend the period to ten year period adopting both resolution? commissioner, so moved, commissioners that motion passes 4-3. commissioners that will place you under ....