Is Infrastructure Spending the Key?

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-- -- -- Mary Fallon that is the correct pronunciation Gupta Mary Fallon is joining us from the floor all of the New York Stock Exchange governor can you hear me okay.

Certainly but we're very pleased to have you with us today and I commiserate with -- having to bring -- development New York Stock Exchange on a very much a down day -- I wanna ask you about the president's job creation plan some details are coming out and it includes we understand.

A new infrastructure.

Investment bank.

Which would invest in this infrastructure projects.

If this passes.

Would you as a Republican governor of Oklahoma would you take the money.

Well it depends on how much strings are attached to your program you know what we typically find as governor areas.

Grant has faith is offered -- for some type of program where there's a stimulus program.

The health care program education for the market -- might -- that they're always sometimes the strings attached so I'm all for infrastructure development I think it's one of the things that we do need to do in our nation's investment infrastructure -- for economic development job growth.

That what we couldn't find out this administration is there are lots of is a testament to my at this at ramp up in spending that no funding to go with that once the program.

For the funding hands.

-- when this plan is announced and we get the full details.

What would you most like to see in -- that would create jobs in Oklahoma.

Well what I'd like to see is of course thanks to have flexibility.

To be able to prioritize water needs are and are saying this so whatever structure.

I was talking to in my department transportation director the other day.

And He was talking about the set aside some of mandates and the federal rules and regulations and half sometimes.

We in Oklahoma are mandated to spend money on -- -- on things that we really don't mean.

Things that we'd rather put the money ports and roads and bridges financial priorities are besides let's finally get -- as a governor.

Now it's not going to happen but would you like to see the repeal of Obama can.

-- absolutely you know I think the federal health care -- expensive.

It's too -- big government federal overreach in a private sector.

Marketplace which is what I support health care system and very concerned about the unfunded mandates.

-- pants on down to our say how much it's going to cost our state budget time and we've been trying to make that.

Revenue shortfalls in Oklahoma's economy.

Concerned about the taxes on businesses can and should send out for that matter how they're real.

I presume you have been concerned about the drop in the price of oil today -- down about three dollars a barrel down to 84 dollars and 83 dollars now as we speak that that's -- be -- -- -- -- -- producing state like Oklahoma.

Well absolutely we're selling gas industry has been very good to Oklahoma -- very fortunate right now that we have a five point 3% unemployment rate.

We seeing double digit increases in our revenue growth.

That might -- dollars governors -- to create -- -- Pro business climate where businesses can -- making great jobs.

That they know what they're -- I think that's why they certainly -- -- the question is that the public policy is -- -- -- federal rules or regulations that there's so much unpredictability.

Again the policy in Washington DC where they were gonna raise taxes there's going to be more rules or regulations.

They're manner parents and various marketplaces that I see businesses sitting on the sidelines in Oklahoma at least try to create a level playing field where people know what -- -- again.

Government -- -- Republican of Oklahoma thank you very much for taking time out on this particularly.

Busy day shall we say for being with a -- Vaughn and company thank you don't know --

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Is Infrastructure Spending the Key?

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