Page 143 - Infrastructure Program News Today

As ive come to call them are ignoring often of this noise. the dow cracked a major number for the first time today gaining more than 300 points. this stock market is up more than 15% from election date based on promises in a donald trump made too reduce taxes, to reduce -- >> regulations. >> -- regulations and to have this infrastructure program. what the market was waiting for was two specific things, number one is can 40e get through the speech which he did and number two, he offered no specif...

Moments ago, the president who is going onto marine 1, to newport, virginia, where he is going to deliver a speech on the military. i know this question is fraught and politically charged, but the question a lot of folks have is how much of what were seeing gets laid on the plate of donald trump? he wants people to believe that the reason that the market is going up is because of him. >> reporter: thats a good question. the market was going up before donald trump got involved. in fact, while eve...

Previously at something much less ambitious. paul ryan said when it was first suggested and there was half of that cost, 500 billion, he didnt like it. listen to paul ryan back in september. >> you help a president donald trump pass a $550 billion or more infrastructure program. would that be something that you would help him achieve? >>. >> thats not in the better way -- just so you know, we did pass the biggest highway bill. >> since the mid 1990s. >> in case people are just listening and not ...

Why wont he get the temporary -- what is a temporary keynesian boon? >> a temporary keynesian boom is when you have $200 trillion deficits in those days surging into the economy and you had room to finance it. today hes walking into the debt trap. the debt ceiling is going to freeze in on march 15th at $20 trillion. theyll have about $200 billion of cash. its being burned at $5 or 6 billion a day. theyll be out of jash by june or july. there will be the mother of all debt ceiling crisis and no p...

Talk about an infrastructure program that president trump says some of it will be public money and some will be private money. we are going to hear that bell ringing right now. there we go. we will open up in seven seconds. want you to put the picture of the board up right now, and look at that thing go as soon as it starts. in one second, you will see it go up at least 175 points if not greater, stephanie. >> i mentioned earlier standing up at the podium with tom farley and woods, we know its t...

What hes saying and what he wants will be decided by the congress and hes going to be left with the hand they dealt. >> is there anything for democrats -- >> not yet? nothing in sight. you know, they were excited about the infrastructure program. so far no details on that, some rumors itll get pushed off to next year. ab sthaent, i dont see an attraction. >> talk about that as the challenge for democrats right now. the president hosted all the nations governors today, a lot of them democrats. ha...

We have seen this before. its just reckless populism. were on path of exploding national debt and trump says i will give more tax cuts. the wealthy, greedy people cant wait. they are salivating. these are tax cuts that will go to the top of the income distribution. its so reckless thats on offer now. thats the american political system which is promise tax cuts, total populism. a little bit of vidoodoo that i sprinkled in we will grow so much, well grow out of it. we should do better. the whole ...

Corporate taxes and regulations. there was also a report this afternoon that maybe the administration is disagreeing with the house proposal on the border adjustment tax. possible delay about kick starting the infrastructure program as well. this has investors a little bit worried. were heading into a weekend, people are taking a little bit of money off the table. and of course the markets will be closely watching president trumps address to congress on tuesday. looking for any hints as to when ...

And they get that working with communities they need to enforce the law in matters and you dont want to disrupt that to get somebodys grand mother who is crossing the street and you help her to the sidewalk and, oh, boy the way, how are your immigration papers? >> so heres where it seems there will be a big fight with you folks in the senate and the house. particularly with the senate, which is money. weve seen huge increases in the budget and staffing of i.c.e., customs and border patrol which ...

The way, how are your immigration papers? >> so heres where it seems there will be a big fight with you folks in the senate and the house. particularly with the senate, which is money. weve seen huge increases in the budget and staffing of i.c.e., customs and border patrol which doubled in the last second term of the bush administration. it went up even more under barack obama, weve seen huge increases in deportations, though theyve tailed down a bit. one thing that seems clear is theyll want to...