Video & Transcript Research : 'cost of borrowing'

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KY
Transcript Highlights:
  • for cost efficiencies, evaluating effectiveness of the Medicaid program, and optimizing delivery of
  • heard of churn, but there's a lot of heard of churn, but there's a lot of churn.<00:24:43.360>
  • of the breakout by regions of um of the enrollment.
  • There's six of<00:33:24.720> those. of those. of those.
  • services, their cost containment, those sorts of things.
Summary: The first meeting of the Medicaid Oversight Advisory Board opened with Chair Ken Fleming and Co-Chair Rocky Adams welcoming members, explaining the board’s purpose, and introducing the diverse membership of legislators, providers, advocates, and state officials. Fleming said the board would meet monthly, allow public comment at the end of meetings, and operate transparently with materials posted online and distributed in advance. Both chairs emphasized that the board’s work would focus on improving Medicaid outcomes, efficiency, and oversight, while preparing for possible federal changes and avoiding premature assumptions about what Congress may do. Members then gave brief introductions describing their backgrounds in medicine, nursing, hospital administration, behavioral health, insurance, budgeting, pharmacy, and Medicaid administration. Several noted direct experience with Medicaid populations or managed care, including the Department for Medicaid Services commissioner, health plan representatives, hospital and clinic leaders, and legislators with health care backgrounds. The board also heard from Stephanie Bates of the LRC Office of Health Data Analytics, who said her office supports the General Assembly with health-related data, policy, and research and would serve as a resource to the board. Bates then began a presentation on Medicaid basics, explaining that House Bill 695 created the board and that the presentation would cover eligibility, enrollment, covered benefits, waivers, managed care, the budget, and the federal reconciliation bill. She described Medicaid eligibility as complex, noted that Kentucky had more than 1.4 million enrollees, and explained enrollment churn and the unwinding of pandemic-era continuous coverage. She also outlined mandatory and optional Medicaid benefits, the requirement that services be medically necessary and provided by enrolled providers, and the main waiver types used in Kentucky, including 1115, 1915(b), and 1915(c) waivers. No votes or formal actions were taken at this meeting beyond organizational setup and receiving the initial informational presentation.
KY
Transcript Highlights:
  • I serve as the president of the Kentucky Association of Conservation Districts. Mr.
  • structures, roads, and highways on the surface of some of these easements, as long as these roads are
  • That seems like a big cut for their cost of doing business.
  • I represent half of Boyd County and all of Lawrence County. Today, what I have is House Bill 315.
  • That being one of them was a particular focus of mine for a possible research farm.
Summary: The committee met with a quorum, heard brief announcements, and moved quickly through four House bills. House Bill 24, as amended by a committee substitute, would raise the audit threshold for conservation districts from $750,000 to $1 million and also clarify that temporary roads, highways, and structures may be built on certain easements if they are removed when work is complete. The substitute was adopted, the bill passed on a roll call vote, and a title amendment was also adopted. House Bill 304, presented by Rep. Ryan Bivens with support from the Kentucky Soybean Association, would adjust soybean checkoff language so the state checkoff could rise from one-quarter to one-half percent if the federal checkoff ever ends, keeping funding levels effectively the same and allowing the state board to continue promotion, research, and education work. Members asked about the cost impact on farmers, and sponsors said there would be no added cost because the language is intended as a backup to match the current federal rate. The bill passed unanimously with favorable expression. House Bill 186 would streamline rules for churches and nonprofits providing food to homeless shelters or people displaced by declared natural disasters, reducing regulatory barriers for safe, wholesome food service. The sponsor argued current requirements are too restrictive for simple food distribution. The bill passed. House Bill 315, with a committee substitute, would protect agricultural land from entities tied to designated hostile governments, while also allowing some land to be used or leased for research purposes; the sponsor noted the substitute reflected prior work and concerns from bankers about lien priorities, which he said he would address later on the floor. The committee substitute was adopted and the bill passed unanimously. The committee then adjourned.
KY
Transcript Highlights:
  • Um, but, you know, in terms of cost savings from transportation and handling of those individuals, I
  • c><00:42:04.000> from terms of cost savings from terms of cost savings from transportation<00:
  • That's one of the primary differences in the cost.
  • That's one of the primary differences in the cost.
  • That's one of the primary differences in the cost.
Summary: The Public Safety and Judiciary Committee met without a quorum, so approval of the January 3, January 20, and February 3 minutes was postponed. The committee then heard an update from the Department of Corrections on halfway house and Recovery Kentucky funding and operations. Deputy Commissioner Hillary Daily said DOC contracts for up to 1,752 halfway house beds and 780 Recovery Kentucky beds, with 16 halfway houses and 13 Recovery Kentucky centers statewide. She reported 6,329 admissions in fiscal year 2025, average daily populations of 1,041 in halfway houses and 494 in Recovery Kentucky, and explained that Recovery Kentucky placements are more restrictive, generally excluding violent and sex offenders, while halfway houses serve probationers, parolees, and sex offenders who need treatment. She also described programming such as MRT, parenting, adult basic education, and trauma-focused services, and said some facilities offer supervised visitation. Daily said no new funding request was included in the current budget, though DOC has sought rate increases in prior cycles. Community Transitional Services director Barbara Stum also testified in support of halfway houses as re-entry and substance abuse treatment centers. She said CTS primarily serves men coming out of prison or returning to prison who need treatment, and that halfway houses provide security, accountability, treatment, employment support, and help with home placement. Stum said the state moved substance abuse treatment into the community in 2010 to avoid sending people back to prison for treatment, and argued halfway houses are the least expensive form of incarceration. She cited daily rates of $33.61 for CTS beds and DOC figures of $37.33 to $44.33 per day, compared with higher prison and jail costs, and said reimbursement has not kept pace with inflation since the last increase in 2019. She said staffing and supplies are the main pressure points, with counselor pay below market rates, and noted two counselor vacancies. A former resident, Michael Bird, testified that CTS helped him recover and re-enter the community successfully. The committee also received an update from the Administrative Office of the Courts on implementation of the video arraignment/video conferencing system. AOC officials Zach Ramsey and Charles Buyers said the system is now fully implemented in all courtrooms and is used for video arraignments and other Zoom-based court proceedings. Buyers described the pandemic-era transition from older, inconsistent equipment to improvised laptop/webcam setups, then to a more integrated vendor-supported system with touchscreen controls and a judicial support specialist position for training and operation. He said 324 courtrooms are already up to the current standard, with 128 remaining on an older bundle, and that there are no technical barriers to continued use. AOC said it is seeking $3.8 million in recurring annual funding to keep the systems upgraded and current, and plans to upgrade 46 systems in fiscal year 2026 across 15 counties.
AL

Alabama 2026 1st Special Session

Alabama Senate Judiciary Committee Feb 18th, 2026

Judiciary

Transcript Highlights:
  • that piece of legislation and what it means to the citizens of the state of Alabama, I'm going to ask
  • were a product of a committee of judges were a product of a committee of judges and<00:12:41.480
  • only the lives of them but the lives of only the lives of them but the lives of the<00:19:54.720
  • history of service to the state of history of service to the state of Alabama<00:46:50.160> and
  • Is all of this new? All of this is new. Is all of this new? All of this is new.
LA

Louisiana 2026 Regular Session

House of Representatives May 27th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • Nelson, President of The Church of Jesus Christ of Latter-day Saints.
  • cost of certain public facilities, provides relative to allocation exercise of taxing authority within
  • And we're looking at a cost of $312,500.
  • And we're looking at a cost of $3,000, $12,500. dollars. Any marginal decrease in judicial salary.
  • ; provides for the amount of fees and costs.
LA

Louisiana 2026 Regular Session

House of Representatives May 27th, 2026

Louisiana House Floor Meeting

Transcript Highlights:
  • Nelson, President of The Church of Jesus Christ of Latter-day Saints.
  • cost of certain public facilities, provides relative to allocation exercise."
  • "New development, sharing in the cost of certain public facilities, provides relative to allocation exercise
  • And we’re looking at a cost of $312,500.”
  • , provides for the amount of fees and costs.
Summary: The House convened with a quorum and opened with prayer by Archbishop Checchio, the pledge, and the national anthem. Members also used personal privilege to recognize visiting officials, university leaders, grocers, Governor’s Fellows, and several special guests and honorees, including Grambling State University for its 125th anniversary, Tiger Athletics, and the Tiger Marching Band, as well as CASA volunteers and advocates. The chamber adopted a number of ceremonial resolutions and made several conference committee appointments and committee discharge motions. The floor then took up a series of Senate and House resolutions, many of which were adopted without objection or after brief debate. These included resolutions creating or studying task forces on topics such as homeowner catastrophe claims and insurance-related litigation, the Louisiana-Ireland Trade Commission, informed consent laws, fiscal note procedures, K-12 student success pathways, and military funding alignment. Members also adopted resolutions on domestic violence protective-order access, flood risk mapping, seismic activity in North Louisiana, illegal dumping enforcement, toll signage and customer service, and other local or commemorative matters. Several Senate resolutions were temporarily returned to the calendar, while others were adopted by recorded vote, including SCR 29, SCR 33, SCR 37, SCR 63, SCR 30, SCR 65, and SCR 40. The House then considered Senate Bill 259, which authorizes an online application process for civil protection orders and restraining orders for domestic violence victims; it passed 93-0. Senate Bill 312, dealing with public-sector labor organizations and dues/withdrawal procedures, prompted extended debate focused on whether the bill unfairly singled out teachers’ unions and whether teachers already have the ability to opt out; the bill ultimately passed 60-38. Senate Bill 348, allowing the City of St. George to contract for administrative assistance in motor-vehicle crash response, passed 84-9 after questions about citations, reports, and the role of third parties. Senate Bill 485, concerning St. George’s municipal fiscal authority and insurance premium taxes, passed 91-0 after an amendment removed new public facility charge authority. The House also debated Senate Bill 197, which would reduce the number of judges on the Fourth Circuit Court of Appeal from 12 to 10 based on a workload and population study by the National Center for State Courts. Supporters cited the circuit’s smaller population and lower per-judge workload, while questions focused on the study’s publication and whether it actually recommended a reduction. The transcript ends during that debate, before final disposition is shown.
OK
Transcript Highlights:
  • of doctor or nurse of the day, correction of the previous day's journals, House and Senate bills, a
  • Next to him is Darrell Wootton, who is the leader of the Assemblies of God in Oklahoma.
  • Third reading of the bill.
  • Do you have an idea of what the cost will be on the food truck industries related to these fees?
  • There are thousands of them across the state of Oklahoma.
KY
Transcript Highlights:
  • So oversight of the of the test itself.
  • November of 2029. November of 2029.
  • November of 2029. November of 2029.
  • Are part of that cost going to KCTCS going forward for them administering this test, or will they apply
  • to >> are are part of that cost is it going to >> are are part of that cost is it
Summary: The committee first adopted a committee substitute for House Bill 139, which would allow a political party to replace a candidate who dies or withdraws after the filing deadline but before ballot certification. Representative Decker explained the substitute as a narrow election-related fix, and the bill was then passed by the committee on an 11-yes, 1-pass vote and sent to the full House. The committee then heard House Bill 356, which would move the Property Valuation Administrator (PVA) qualification test from a once-every-four-years, Frankfort-based format to administration through the Kentucky Community and Technical College System at multiple locations and times. Representative Bridges said the Department of Revenue would still write and control the exam, KCTCS would only administer it, the fiscal note was zero, and the change would improve access and convenience without weakening standards. KCTCS said it was prepared to help if directed. Members generally agreed PVAs should be tested, but some raised concerns about test integrity, whether a broader testing network could create uneven conditions, and whether the change should instead use a smaller number of regional test sites. Others supported the bill as a common-sense way to expand access and avoid forcing candidates to wait years after missing a single test date. The committee also discussed the lack of a study guide for the exam and whether that should be addressed separately. No final vote on House Bill 356 is reflected in the transcript excerpt.
KY
Transcript Highlights:
  • Uh, the uh, essentially the CIO of education becomes chair of a new board, which is comprised of the
  • that has tens if not hundreds of that has tens if not hundreds of thousands<00:04:59.759> of<
  • lot of this work anyway. lot of this work anyway.
  • So that's one of, you know, potentially dozens of examples of things you really don't want falling on
  • of things potentially dozens of examples of things you<00:32:02.480> really<00:32:02.640> don't
Summary: The meeting began with a quorum call and approval of the prior meeting’s minutes. Senator Williams then presented a discussion draft involving KCNA and COOT/Kentucky Wired governance changes. He said the proposal would make the COOT executive director the KCNA director, place the education CIO as chair of a new board of constitutional officers, terminate existing KCNA employees at inception, and return KCNA funds to the general fund. He described the measure as a temporary holding pattern focused on customer connectivity until an audit is completed next summer. Senator West asked whether the bill would change existing Kentucky Wired contracts, and Williams said the contracts would remain in place and COOT would simply handle the work without an extra layer of bureaucracy. No vote was taken; the item was for discussion only. The committee then heard a presentation on geoengineering and related legislation from Rep. John Hodgson, Sen. Rollins, and retired meteorologist Randy Baker. They described geoengineering as attempts to alter climate or weather, including solar radiation modification, stratospheric aerosol injection, marine cloud brightening, and cloud seeding. The presenters distinguished these activities from ordinary jet contrails, crop dusting, ground-level emissions, and airport fog control, and said the proposed Kentucky bill would exclude those ordinary activities. They argued Kentucky lacks a current prohibition on weather modification, said the bill would protect farmland, crops, animal agriculture, aquaculture, and human health, and cited public concern, federal uncertainty, and similar legislation in other states. They also said cloud seeding is used in some western states but remains scientifically unproven and potentially harmful. Members asked about enforcement, federal preemption, and whether other states’ actions could affect Kentucky. The presenters said high-altitude spraying would be difficult to hide, that satellite imagery could detect large releases, and that the bill was intended as an assertion of state sovereignty even if federal law later changed. They also said there were no known active geoengineering projects in Kentucky. The discussion remained informational, with no committee vote or final action taken on either topic.
KY
Transcript Highlights:
  • implementation of of uh House Bill 257. implementation of of uh House Bill 257.
  • > for<00:25:18.760> a one-time cost offset of $15,000 for a one-time cost offset of $15,000
  • A program for general cost is assigned a weight of one, and then if it is determined to be a high cost
  • year's<01:10:26.920> graduates of of of last year's graduates of of of last year's graduates
  • of of education member a lot of board of of education member eligibility<01:20:28.200> questions,
Summary: The Education Assessment & Accountability Review Subcommittee approved the minutes from its October 14 and November 4 meetings and also approved the Office of Education Accountability report analyzing student discipline data in Kentucky schools. The main presentation came from KDE Commissioner Dr. Robby Fletcher on implementation of House Bill 257, which he said has two major parts: selection of a statewide college entrance exam through a new procurement process, and development of locally designed indicators of quality for accountability. On the college exam, Fletcher explained that the state had to reopen procurement after Senate Bill 197, with the RFP released May 21, vendor questions handled through the Finance and Administration Cabinet, proposals due June 22, and scoring and review expected in July and August, with a vendor decision not likely until October. He emphasized that the exam is a norm-referenced college-readiness measure, not a test of Kentucky academic standards, which are assessed by the KSA. Members asked about the science requirement in statute, the possibility of multiple vendors or district choice, and whether the CLT could participate; Fletcher said vendors must address science in the RFP, multiple vendors could be possible, and any vendor could submit a proposal if it meets the rubric. He also noted that ACT and SAT differ in structure, that either can meet college-readiness benchmarks, and that there were no major complaints about the SAT during its first year of use. The second major topic was the locally developed indicators of quality under House Bill 257. Fletcher said these are intended to let districts measure themselves against their own goals rather than compare districts statewide, while still aligning with Kentucky standards. He described examples such as achievement, growth, student well-being, safety, fiscal responsibility, civics, internships, apprenticeships, project-based learning, and defenses of learning. He said districts may use local assessments such as MAP, STAR, and I-Ready alongside state data, and that local models should be developed with families, community members, and workforce partners. He added that KDE is providing technical assistance, has applied for a federal CGSA grant, and will use a one-time $15,000 cost offset for districts implementing local accountability models, with a superintendent webcast planned for August.
LA

Louisiana 2026 Regular Session

Senate May 14th, 2026

Louisiana Senate Floor Meeting

Transcript Highlights:
  • of the Legislature of Louisiana upon the occasion of the passing of Carolyn Ann Cherry Moore.
  • of Louisiana upon the occasion of the passing of Carolyn Ann Cherry Moore.
  • It takes care of the people of this state.
  • chance of electing... ...for that matter, a one-out-of-six chance of electing a candidate of their choice
  • It's given one-third of the population of this state only one out of a sixth chance of having a district
Bills: SR122, SR123, SR124, SCR12, HB940, HB221, HCR109, HCR58, HB27, HB143, HB205, HB259, HB267, HB288, HB308, HB403, HB405, HB414, HB417, HB478, HB546, HB548, HB555, HB557, HB609, HB670, HB672, HB740, HB779, HB786, HB796, HB812, HB848, HB909, HB915, HB917, HB921, HB930, HB933, HB938, HB971, HB1095, HB1096, HB1103, HB1129, HB1154, HB1166, HB1187, HB1195, HB1230, SB121, SCR22, SCR24, SB29, SB30, SB32, SB41, SB42, SB43, SB47, SB84, SB93, SB113, SB192, SB199, SB219, SB220, SB221, SB222, SB241, SB253, SB255, SB289, SB292, SB306, SB314, SB351, SB399, SB404, SB14, SB102, SB133, SB151, SB165, SB169, SB170, SB200, SB217, SB280, SB291, SB300, SB303, SB330, SB449, SB489, SB521, SB45, SB156, SB181, SB203, SB274, SB304, SB379, SB396, SB410, SB425, SB427, SB436, SB424, SCR61, SCR9, SB35, SB65, SB215, SB246, SB249, SB269, SB282, SB296, SB323, SB363, SB369, SB474, SB490, SB492, SB500, HCR31, HB296, HB299, HB322, HB364, HB519, HB535, HB538, HB568, HB571, HB622, HB635, HB676, HB772, HB784, HB1006, HB1018, HB1043, HB1070, HB1134, HB1239, HB62, HB193, HB203, HB210, HB220, HB228, HB246, HB420, HB475, HB486, HB574, HB584, HB750, HB813, HB815, HB826, HB870, HB949, HB953, HB1045, HB1092, HB1151, HB1162, HB1176, HB1177, HB1196, HB1214, HB1241, HB22, HB28, HB33, HB41, HB47, HB87, HB115, HB162, HB195, HB214, HB217, HB233, HB283, HB290, HB319, HB324, HB345, HB362, HB363, HB368, HB377, HB380, HB382, HB386, HB392, HB406, HB431, HB441, HB466, HB503, HB533, HB559, HB575, HB590, HB593, HB618, HB636, HB655, HB664, HB685, HB692, HB707, HB715, HB732, HB738, HB741, HB748, HB776, HB807, HB822, HB856, HB860, HB868, HB887, HB888, HB905, HB908, HB961, HB980, HB990, HB992, HB999, HB1000, HB1010, HB1146, HB1157, HB1233, HB1236, HB1243, HB17, HB36, HB73, HB119, HB126, HB129, HB133, HB140, HB159, HB166, HB211, HB226, HB245, HB271, HB280, HB337, HB351, HB354, HB399, HB677, HB712, HB723, HB726, HB728, HB759, HB789, HB844, HB850, HB966, HB1036, SB149, SB382, SB441, HB134, HB258, HB359, HB782
LA

Louisiana 2026 Regular Session

Senate May 14th, 2026

Louisiana Senate Floor Meeting

Transcript Highlights:
  • You've said that the fear of the Lord is the beginning of wisdom, and the knowledge of the Holy One is
  • Reading of the journal. Official journal of the Senate.
  • of the Legislature of Louisiana upon the occasion of the passing of Carolyn Ann Cherry Moore.
  • It takes care of the people of this state.
  • It gives one-third of the population of this state only one out of a six chance of having a district
Bills: SR122, SR123, SR124, SCR12, HB940, HB221, HCR109, HCR58, HB27, HB143, HB205, HB259, HB267, HB288, HB308, HB403, HB405, HB414, HB417, HB478, HB546, HB548, HB555, HB557, HB609, HB670, HB672, HB740, HB779, HB786, HB796, HB812, HB848, HB909, HB915, HB917, HB921, HB930, HB933, HB938, HB971, HB1095, HB1096, HB1103, HB1129, HB1154, HB1166, HB1187, HB1195, HB1230, SB121, SCR22, SCR24, SB29, SB30, SB32, SB41, SB42, SB43, SB47, SB84, SB93, SB113, SB192, SB199, SB219, SB220, SB221, SB222, SB241, SB253, SB255, SB289, SB292, SB306, SB314, SB351, SB399, SB404, SB14, SB102, SB133, SB151, SB165, SB169, SB170, SB200, SB217, SB280, SB291, SB300, SB303, SB330, SB449, SB489, SB521, SB45, SB156, SB181, SB203, SB274, SB304, SB379, SB396, SB410, SB425, SB427, SB436, SB424, SCR61, SCR9, SB35, SB65, SB215, SB246, SB249, SB269, SB282, SB296, SB323, SB363, SB369, SB474, SB490, SB492, SB500, HCR31, HB296, HB299, HB322, HB364, HB519, HB535, HB538, HB568, HB571, HB622, HB635, HB676, HB772, HB784, HB1006, HB1018, HB1043, HB1070, HB1134, HB1239, HB62, HB193, HB203, HB210, HB220, HB228, HB246, HB420, HB475, HB486, HB574, HB584, HB750, HB813, HB815, HB826, HB870, HB949, HB953, HB1045, HB1092, HB1151, HB1162, HB1176, HB1177, HB1196, HB1214, HB1241, HB22, HB28, HB33, HB41, HB47, HB87, HB115, HB162, HB195, HB214, HB217, HB233, HB283, HB290, HB319, HB324, HB345, HB362, HB363, HB368, HB377, HB380, HB382, HB386, HB392, HB406, HB431, HB441, HB466, HB503, HB533, HB559, HB575, HB590, HB593, HB618, HB636, HB655, HB664, HB685, HB692, HB707, HB715, HB732, HB738, HB741, HB748, HB776, HB807, HB822, HB856, HB860, HB868, HB887, HB888, HB905, HB908, HB961, HB980, HB990, HB992, HB999, HB1000, HB1010, HB1146, HB1157, HB1233, HB1236, HB1243, HB17, HB36, HB73, HB119, HB126, HB129, HB133, HB140, HB159, HB166, HB211, HB226, HB245, HB271, HB280, HB337, HB351, HB354, HB399, HB677, HB712, HB723, HB726, HB728, HB759, HB789, HB844, HB850, HB966, HB1036, SB149, SB382, SB441, HB134, HB258, HB359, HB782
Summary: The Senate convened with a quorum, heard a guest minister’s prayer and the pledge, and dispensed with reading the journal. The chamber then received Legislative Bureau reports on numerous House bills, many of which were reported favorably or without amendments and ordered to third reading or to the Legislative Bureau. The Senate also adopted a House concurrent resolution commending Special Olympics Louisiana by a 35-0 vote, and it took up several Senate resolutions, including one urging the Navy to use a transparent and competitive acquisition strategy to protect jobs at Conrad Shipyard, one commending Metairie Park Country Day School, one designating Early Ed Day, and one offering condolences for Carolyn Ann Cherry Moore. The main floor debate centered on Senate Bill 121, the congressional redistricting bill. Senator Morris presented the bill as a response to the federal court’s Calais decision, arguing the current map was unconstitutional and that the new plan should avoid race as the predominant factor while using partisan advantage, incumbency protection, compactness, contiguity, and communities of interest. Senators questioned whether the proposal effectively created a 5-1 Republican map, whether it diluted Black and Democratic voting strength, and whether it split too many parishes. Morris said the map was drawn from the 2022 plan, tweaked in committee and again on the floor, and that litigation was likely regardless of the final version. Two competing amendments drew extended debate. Senator Morris’s amendment, which further refined his map, was adopted 26-10. Senator Price then offered an alternative map based on an amicus brief and algorithmic criteria, arguing it would create two opportunity districts, split fewer parishes, avoid using race, and better reflect the state’s partisan balance; supporters said it was fairer and more compact, but it failed 10-27. After the amendments, the Senate returned to SB 121 for further questions, with members continuing to debate whether the bill’s 5-1 structure was a lawful partisan gerrymander or an impermissible racial dilution of voting strength.
US
Transcript Highlights:
  • I think that when you look at DOT today, we do not have good systems, good understanding of our costs
  • Have you ever walked in and fired thousands of people without any analysis of the cost of benefits?
  • I don't believe in the Department of... defense, any of our leaders fully understands our cost structure
  • , and at one hit of a button could say, like most of our CEOs, could say, this is what this costs, this
  • It is burdened by a lot of bureaucracy and obviously to everyone it's prone to cost over... overruns.
Summary: The meeting primarily focused on the nomination of Steven Feinberg as Deputy Secretary of Defense. The committee emphasized the urgent need for strong leadership in response to a complex array of global threats posed by adversarial coalitions, including China, Russia, and Iran. The discussions highlighted concerns regarding budget cuts and personnel reductions within the Department of Defense, showcasing the challenges posed by the current economic context and the pressing need to maintain military readiness and capabilities. Various members expressed their apprehensions about how impending layoffs and budget reductions would impact the defense workforce and national security.