Page 164 - Stimulus Program News Today

Stimulus program. >> neil: what about the last time it was granted. >> it did pretty good. whether the money under bush gave the exemption and next 12-24 who has months. >> whether did that happen? what year? >> neil: who cares. >> talking about all this cash on balance sheets, he was asked, why is it still there. he said basically we live in a post-9/11 world. i worry about terrorism. >> if you are a shareholder of apple this is how you wanted them to spend the money. you dont want them to make...

That part was missed because we got too much in the way of politics, determining what our stimulus program was and we lost the chance to do a lot of things i think would dramatically improve the economy. >> what would dramatically improve the economy? >> i would absolutely increase the amount of what we call infrastructure. infrastructure at least if youre spending money you have something to show for it. on top of that it improves the efficiency of the economy. when we built the interstate high...

Test, theres no splitting the baby, if you will. hell either approve it or hes not. if he approves it, hes going to anger all of those folks. again, it will have marginal consequences on his overall approval and wont be helpful. >> last question, i want your judgment. does he build it? yes or no. >> i think -- [ laughter ] >> come on. >> predictions are -- i would say he would because public opinion is in favor and the state department has given him the political cover. >> and unions want it too...

Free-- but only if you act right now. call the number on your screen now! look at that beautiful sight. >> the capital of planet earth. there she is, where all the wheeling and dealing is going on all day, minding your business this morning. federal reserve chairman ben bernanke. christine romans is here with that. >> thats right. the fed is cautious. theyll continue to keep their pedal to the metal and stimulate the economy. washington is paralyzed with politics but the fed has a massive stim...

I gave it to bloomberg, he expanded it. the city is in much better shape as a result of it. we spend $5 billion to $6 billion a year on fixing our infrastructure and we finance that. because its going to benefit the future. so two republican mayors and two democratic mayors able to agree with this. this isnt liberal -- i consider myself a political fiscal conservative. that kind of spending is very, very tight. its very important. it gives long-term benefit. and if the president had done this wi...

Would fall apart. he began a capital expenditure campaign, 20 years, cant do it all at once, but put aside what he could afford, i expanded it, i gave t to bloomberg, he expanded it. its been going on for 20, 25 years, the city is much better shape as a result of it. we finance it because its going to benefit the future. so two republican mayors and two democratic mayors able to agree with this. i consider myself a political fiscal conservative. >> right. >> that kind of spending is very, very t...

And the net increase is more than the sequester cut, and i can do this with a lot of boards and chalkboard better than i can talking about it, but if you have an increase in the money, minus the 85 billion tkpwhrar dollars that was supposedly cut from the across the board sequester there will be a lot of republicans, especially in the house who are very upset. jon: thinking about it, i mean the sequester numbers $85 billion that is less than one tenth of the stimulus program passed four years ag...

Right? there is lot of talk whether or not italy should go through austerity to get the books right or whether or not that is the correct way to go. paul krugman writes about austerity. says it doesnt work. nations imposing harsh austerity suffered deeper economic downturns. the heart cher the austerity the deeper thedown attorney. do you see it that way? >> what paul krugman wants he wants a lot of money printing. he think as stimulus program. he wants an even bigger one for europe. he doesnt c...

They barely have enough to go to coney island. >> right. i9s a stimulus program, too, and it doesnt cost us anything. >> joan walsh, jonathan capehart, thank you both for your time this evening. ahead, the nra just responded to president obama. they deserve a vote. and it was nothing short of disgusting. >> first, the right wing talkers have no issue with a 102-year-old woman waiting in line for hours to vote. shes a lhero, but not to the right. my response is next.

Earlier today. martha, back to you. martha: its a big night in america. we are hours away from the presidents fourth state of the union address. hes calling for investment in infrastructure and education. which means well see more spending. what do we expect tonight, stuart? >> reporter: well see the president make a call for a robust presence of the governments presence in the economy. in three areas he will call for more spending, education, green energy and infrastructure. those are three key...