Page 14 - Infrastructure Programs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

House releases their budget proposal generating negative headlines. rural nebraska would take a hit under the trump budget. trump budget axes program that funds west virginia infrastructure programs. and in alabama, cuts in trump budget proposal would slash some local programs. as we noted yesterday, something for nearly everyone to dislike, including republican lawmakers. on capitol hill today, white house budget director mick mulvaney faced a grilling from gop congressman mark sanford over the proposal's unusually creative accounting. >> you have said that the foundation of your budget is 3%...

>> good luck, god speed. >> why aren't he getting credit from you. >> because i said-- >> wait a minute, no, no, let me finish this. illegal border crossings down 70% without spending a dollar, without laying down a brick? that ought to make you hoip. >> i'll tell you why. >> and wait, wait, by the way, richard, mercy says that the democrats care about open border and don't care about the infrastructure project. >> not true. >> wrong, blue collar democrats in the district where i live are happy about the infrastructure programs and also about the border crossings being-- >> let me make a coupl...

>> we could potentially create 10 million jobs. we have democrats and republicans supporting this concept. >> tucker: if it does even half of that, that's great. >> the key is this deal which is international tax within infrastructure. there's 50 different ways of cutting the deal. whatever you do, we fix this international tax system that we have and we generate revenue for infrastructure. >> tucker: boy, if that does not get through, something is wrong. >> the president has not been that specific, he said $1 trillion. i think the only way to pay for it is quarter adjustment tax, if you do th...

All that money to potentially come back to the united states. we think about how that money could come back if the system was fixed. that is where the pay for comes from for the big infrastructure programs. >> tucker: that's just a tidal wave of money flowing outside of the country. >> it is owned by the corporations, then they divest it, they give it to their i shareholders, in addition it would generate federal tax revenues. right now the government is theoretically owed this additional money but they are not getting any of it because the companies are elected to defer. by lowering the rates...

Because if they're just going manual piece work, they're not going to make a lot of money. they're going to make manufacturing wages are much higher than service-paying wages. that's the reality. threason is, is because of that automation, we are more efficient and we can pay for it. >> i hope you're right. we've got so many people. i want to bring in john spivey. he was a trump voter out of the business community. >> i live near central park. and i watched donald trump complete a skating rink in six months whose the city of new york, whose budget this year is approximately $82 billion, couldn...