Page 2 - Dollar Infrastructure Program News Today

Has been in office and he is determined to pass massive tax reform and massive tax cuts that will put people back to work and will create u.s. jobs. we will bring back trillions of dollars that are sitting offshore by having a one-time tax and going to a territorial system and making u.s. businesses the most competitive in the world. >> tucker: the idea and congress for a long time has been that you would take that money offshore when it comes back to united states and put it back in some kind o...

Pay for that overseas. are you willing to make that kind of trade-off? >> i agree cuts to the stated department increase our security problems, not lessen them. one of the reasons we have had to count on the military to do so many things over the past few years is because the state department and other agencies are not capable of doing them. so i think we have to be smart by the. but just back to basics. 2/3 of this federal budget is in mandatory spending. the defense is 14.7% of the budget. sur...

Economic advisers chair austin goldsby, and stephen moore. austin, i remember when president obama liked the idea of public-private partnerships for infrastructure spending. what exactly does that mean and do you still believe it will work? >> well, we dont know exactly what it means, because there werent a lot of details in this speech by president trump, which is fine, this is not normally a big policy-heavy address. if you look at previous presidents. i think in this case, there was a subtle ...

Infrastructure because that is the key component to making his economic nationalist message work. people have jobs, if people feel like their livelihood is better that gets trump a second term and validates their vision for what trumpism is, whatever that is. >> by the way, that is -- this is how the white house thinks. what jeremy just said is exactly what they are thinking. a lot of distractions and crazy things going on. yes, there is chaos in the white house. they will admit behind the scene...

During the presidential campaign, donald trump promised massive tax cuts to the rich, a trillion dollar infrastructure program and an explosion in defense spending which would increase the federal deficit. yet over the weekend, trump said his pick for budget director was mickey mulvaney, who is willing to push the country into default in order to reduce spending. >> the national mood now is such that people recognize we cant keep spending this money that we dont have. we need to get back to fisc...

Hes going to ask his friend vladimir putin, isnt that where the money is? >> do you believe donald trump will deport millions of illegal immigrants. only 39% say yes. by the way, only 40% of republicans say yes. 51% of republicans say no. 52% overall say no. and so, gene, republicans dont even believe the mass deportation. >> yeah. because its not going to happen. he probably wont try it. he back-pedaled during the campaign, and it was, it touched a nerve when he said that, and it clearly was th...

It clearly was the issue that drew a lot of people to him, but i guess people just didnt take him seriously. about the trillion dollar infrastructure program. at one point during the campaign he said something that actually did make sense. he said, you know, interest rates are at historic lows. this is a great time for us to borrow money and improve our infrastructure from coast-to-coast. now thats not republican policy. but it did kind of make sense. it would be interesting if he went to the re...

People saying about whether they believe what donald trump said on the campaign trail and yes, we are going to slap a tariff on chinese goods or see it as campaigning? >> the chinese are pragmatic about these things. they see this and they want to see this as campaigning. there is an understanding in beijing that china will be a whipping post on the campaign trail. we saw it both from donald trump and hillary clinton, to be honest. so, they say campaigning trump is going to be a different animal...

Supposedly menacing caravan trump conjures up. >> why is he demonizing these destitu destitute, defenseless people? the most likely answer he is searching for a strategy for the upcoming midterm elections looking grim for republicans. they have little to talk about. there is no trillion dollar infrastructure program, the tax law is unpopular, seemed as a giveaway to corporations and the rich. it has not boosted economic growth as promised. health care is now even more complicated given the parti...

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