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Sooner rather than later. i think you will hear changes to medicare and medicaid to help sustain the program. you will hear sensible cuts to the defense that do not weaken but reduce spending. more reduction in social programs. and i think you will see a call for a greater contribution from the wealthiest people in the country, millionaires and such. >> greta: when you have a program, i dont know how you can evaluate tonights program unless we know what it is going to cost and where are we going...
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Ready is political rhetoric. if were going to start infrastructure programs, then lets start when its real, makes things that are made abroad now that could be made here that make sense to make here so the money stays here and creates aggregate demand in the united states. using concrete, steel, all of those good things democrats love about construction and stimulus spending. lets do that. those are two areas we could move on pretty rapidly and we could get the economy going again. business regu...
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Four of you. give me a second here. the idea that you are sitting here cutting spending the same time were trying to put people to work is absurd and asinine. its also very, very -- >> eric: i didnt see a spending cut in the leak. >> bob: why should there be a spending cut? >> eric: that is what the liberals do. wave taxes and increase entitlement. not only the infrastructure spending will they increase, they will increase the time of infrastructure. >> bob: what is wrong with infrastructure pro...
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Tax cuts, infrastructure programs to help create jobs. and steps to help people who have been unemployed for a long time. that same official said all the proposals would be fresh ideas. no rehash here. but so far republicans do not sound very impressed. our chief white house correspondent ed henry traveling with the president in alpha, illinois, north and west of peoria, tonight. the president mostly stayed away from specifics today, didnt he. >> he did, shep. he told cbs news is he not fearful ...
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Spending money that is meant to be spend on high-speed rail, improving runways, buildinghi roads, the type of thing where you see construction money going right toanonstruction companies and workers, $100 billion in the extension of an existing tax credits toho companies who inve money in research and development, and $200 billion as a new tax credit to companies who build physical plants, buildings, or invest in equipment. lets go to diane swann. diane, this is $350 billion in commitments, putt...