Guest we represent the departments of transportation of the countryes of and puerto rico and puerto rico in the district of cologne appeared we are an advocacy group. And where theport most Important Missions is to make people understand the value of transportation investment. Host for the people you are representing, how are they looking on these potential announcements from the white house when it comes to infrastructure . Guest we are very interested in what the white house will release and we are pleased the white house has put so much emphasis on infrastructure. We know we have an infrastructure gap in this country. State and local governments are really stepping up. One of the things we know to be the case is this is a shared responsibility. It takes the federal government, state and local governments, and increasingly, the private sector, to make sure were adequately invest in. Right now we are not purely to see some change. We are hopeful what we see from the administration wil
We did not embarq on a truckonly Highway Program. Guest it is darn expensive to do that. Not that there have not been proposals for that kind of approach. You find truckonly lanes in various places around the country. We know that Freight Networks are a huge concern. They are leading commerce. It is one thing we think this administration will care about. Anyding additional lanes in road, especially in an urbanized area, is a difficult and expensive proposition. There are elements we would agree with. I dont think we will see a wholesale truckexclusive interstate any time the near future. Host transportation. Org is the website for our guest association. Washington journal continues. Host our guest is Debra Knopman , a principal researcher for the rand corporation. Not everything is broken, the future of u. S. Transportation. Good morning. What are you suggesting when you say not everything is broken and Infrastructure Spending . Guest we are not suggesting there are not problems. There
Our refuge in lifes stormy seasons. Inspire our lawmakers to place their trust in you. Lift them above divisions and cynicism, as they depend upon the unfolding of your powerful providence. May they find peace because of your redemptive love. Remind them that you are faithful to help those who ask you for guidance and strength. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Mcconnell mr. President. The presiding officer the majority leader. Mr. Mcconnell today, President Trump will put forward his budget requests for the next fiscal year. I look forward to reviewing the president s priorities. The bipartisan with a bipartisan Funding Agreement now in place, congress and the white house can Work Together to begin rebuilding our milita
President trump calling on congress for 1. 5 trillion bill to help fix the country crumbling infrastructure tomorrows report, apple gets a downgrade, disappointing iphone demand and the s p 500 the worst day since may of last year despite the sell off though. Almost, six decades heading into the trading section of the month, each 5. 5. Nasdaq is up 7 for the month. 14 record s p 500 closes is the most since 1955. I have to go back, thats seven years. I heard the speech last night, not only the president , hes literally taking credit for the stock market and hesdone lot to make it so that this rally makes sense. You look at the boeing quarter today. You everyone is skeptical and some of them is antitrump. Come on, this economy is thnot that good. You look at the electricity number, they dont lie and you come back and say listen, what do you want how for real do you want it to be what do you need to see . A 6 gdp number . It is real you can make an argument that it is reflected in stock
Social security was much closer to going bankrupt and then it is today. The reason we have it today is the work the commission did, the surplus that was piled up in the intervening years until finally the baby boomer generation began to retire and are drying it down pretty rapidly. An opportunity to do that again, if we could reform Something Like that, we prevented this for three consecutive congresses by this president could be the person who saves Social Security, put it on firm footing and it would be done in a bipartisan way. My friend on the other side of the aisle are always concerned this means cutting but look what Ronald Reagan did with that commission was to bowe neil and Ronald Reagan the next year won reelection with 49 states and to bowe neil remained speaker of the house, you can do this in a bipartisan way as long as you are protecting the program because it is a popular program. The way they did it is gradually raised the age, i was 34, told me youre going to retire at