Page 155 - Infrastructure Program News Today

Latest updates on this topic.

Latest updates on this topic.

>> the president will continue to talk about what hes talked about so far, extending the payroll tax holiday. thats important. thats already in the system. if you do that, and you absolutely should, it keeps your foot on the accelerator, to let that stuff expire, as its schedule to do do at the end of the year, that takes your foot off. >> so hes going to get payroll taxes down, and hes going to make sure the dollars go out. what does he do to create jobs? >> theres the infrastructure program. t...

To talk about what hes talked about so far, extending the payroll tax holiday. thats important. thats already in the system. if you do that, and you absolutely should, it keeps your foot on the accelerator, to let that stuff expire, as its schedule to do do at the end of the year, that takes your foot off. >> so hes going to get payroll taxes down, and hes going to make sure the dollars go out. what does he do to create jobs? >> theres the infrastructure program. the president has talked about t...

>> the president will continue to talk about what hes talked about so far, extending the payroll tax holiday. thats important. thats already in the system. if you do that, and you absolutely should, it keeps your foot on the accelerator, to let that stuff expire, as its schedule to do do at the end of the year, that takes your foot off. >> so hes going to get payroll taxes down, and hes going to make sure the dollars go out. what does he do to create jobs? >> theres the infrastructure program. t...

The short-term. >> do you oppose the $50 billion infrastructure program? >>guest: no, that particular part is long overdue. thats the part i didnt like about the last stimulus. we should have done more infrastructure. it was a mistake then. and right now, those are real jobs that are measured with a long term benefit to the economy to improve our infrastructure. thats part i support strongly. >> given the division when the democrats do you think the votes are in congress before the election to g...

To break it down for us. what do these plans do with all that money? >> first off, the $50 billion infrastructure program would rebuild or build 150,000 miles of road, 4000 miles of railroad track, 115 miles of airport runways. essentially, that would be paid for with taxes on the oil and gas industries. its a six-year program, no new jobs created immediately, and much of the criticism is that it is essentially a payoff to the unions. there is a second plan to be unveiled tomorrow, the "wall str...

"the washington post" financial reporter with the five reasons to be optimistic about the economy. good morning to you. >> good morning. >> listen. before we get to the top five reasons for optimism, what do you think about the infrastructure program the president is putting forth? >> its interesting theyre finally pulling out the policy guns trying to show theyre doing something on the economy. we have the proposal today. on wednesday, looks like a proposal on research and development tax credi...