Tarp Bill News Today : Breaking News, Live Updates & Top Stories | Vimarsana

now. thank you for jumping on with us, our viewers have new seen it, what was your reaction when you learned this happened? >> well, thank you, sandra and john. thanks for being on with us today. yeah, this is a marine corps town, we were shocked, saddened and disgusted. >> john: we understand the marines were on leave from camp pendleton, some teens were lighting fireworks and i don't know if it was a simple request, or if it was some sort of pointed request from the marines to stop doing it. what happened then? lay it out for us, mayor. >> yeah, we understand that we had some local...

yeanjanetyellen says governmentn out of cash june 5th. make payments of $130 billion to medicare, social security and veterans programs in early june. but then the government will only have what she termed, quote: an extremely low level of resources. it was another day without a deal. >> here we are, night after night after night and the pressure is more, the consequences are greater. we recognize that. we know details are thornier. >> workman dates for people to receive some federal said a flash point. republicans and democrats will not move. >> white house very difficult on this is...

Disaster. we're still trying to figure out rules on the arp bill. at the end of the day, you have to make sure every state has the right balance. i'm not going to speak for new york. the child tax credit needs to go to things like child care, making sure the nurses and teachers the have a place for their kids to get supported. we have a lot of rental assistance. we don't have a rental assistance problem. i want that money to be turned into more bricks and mortar housing: i guess my overall argument is washington can set these opportunities but leave it to the states to help design and have the...

>> well, we did pass the tarp bill, which was a response to an emergency, right. but i think that was over a decade. that was at the end of bush continued into the beginning of obama. >> and, in fact, the last six years of barack obama's administration, there wasn't a significant piece of legislation passed. how do you move washington past where it is right now? >> well, there were some bills i have to say that got some support with a few republicans, but not in the way that you are talking about. i think that people are crying out for change. they want to see a different washington. i'm not a...

Programs that make life complex, but overall the fundamentals are capital accumulation is going to go through the roof due to our tax cut is the big one and human capital we need to work on. k-12 education higher educations teaching that free markets and businesses is bad. we have to change that narrative , get everybody back in the workforce, and that's the answer. neil: we'll see what happens professor, congressman very good seeing you again. >> thank you, neil. neil: all right and to the congressman's point what happens now in the federal reserve, everyone seems poised to think that it's go...