Intro: |
The administration's China hub project meets skepticism at a Senate briefing. |
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RunTime: | 0:39 |
OutCue: | SOC |
Wrap:
Senators are saying they need more information.
A spokesperson from a private company hired by the Nixon administration presented the cost-benefit model of the hub, but was met with a whirlwind of questions from senators.
Savannah Senator Brad Lager says the sacrifices necessary to make in order to build the hub must be taken into account.
Actuality: | LAGER2.WAV |
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Run Time: | 00:13 |
Description: "Every dollar that we invest in this, or any other economic incentive, is a dollar that we're not gonna put in education, or we're not gonna put in roads, or we're not gonna put in a bigger issue. And we need to understand what those returns and opportunity costs are." |
Senators plan to meet later today to continue the discussion.
From the state Capitol, I'm Rebecca Woolf.
Intro: |
Lawmakers question the administration's consulting firm on China hub tax break benefits. |
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RunTime: | 0:44 |
OutCue: | SOC |
Wrap:
Discussion regarding the hub is ongoing and senators are asking for more information.
A spokesperson from a private company hired by the Nixon administration presented the cost-benefit model of the hub, but senators say they still have questions.
St.Louis Senator Maria Chapelle-Nadal says she wnats to see the company address the issue of road construction before she makes a decision.
Actuality: | NADAL.WAV |
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Run Time: | 00:15 |
Description: "I would like you to put in your hypothesis - in your formula - any changes, possible changes, you foresee in the road infrastructure. And then I would like to see the benefit of cost ratio." |
Discussion regarding the China trading hub will resume later today.
From the state Capitol, I'm Rebecca Woolf.
Intro: |
Missouri senators grill a consulting firm about the administrations China hub tax break proposal. |
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RunTime: | 0:32 |
OutCue: | SOC |
Wrap:
A spokesperson from a private company hired by Nixon's administration presented the cost-benefit model of the hub to senators, but they say they still need more information.
St.Joseph Senator Rob Schaaf says he wants to see proof of the model's effectiveness before he makes a decision.
Actuality: | SHAW.WAV |
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Run Time: | 00:09 |
Description: "Do you have anything at all to give us - say REMI models work, somethimes they don't work? What percentage of the time do they work, what percentage of the time do they fail?" |
Discussion regarding the China trading hub will resume later today.
From the state Capitol, I'm Rebecca Woolf.