Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Would Ronald Reagan Like Obama’s Jobs Bill?

Details

  • Description

    FBN’s David Asman sounds off on the president’s $500B jobs plan.

  • Duration 1:40
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Finally tonight the president's jobs bill is not going to get a single Republican vote.

But there is one Republican trying to sell as president Obama's transportation secretary Ray LaHood.

In a piece published today secretary lahood defends the president's half trillion dollar stimulus plan.

By making the extraordinary claim that it's a kind of bill Ronald Reagan would have liked.

According to -- hood that's because Ronald Reagan once supported a big highway bill back in 1982 well.

Yes Reagan dead but Reagan's bill was about 100 times smaller.

Than the massive spending bill proposed by Obama.

And Reagan's bill didn't include things like a multi billion dollar infrastructure bank.

Which would make politically Greece loans like Solyndra a lot easier to get out.

With a lot less oversight.

And of course another difference between the Reagan plan and the Obama plan is that.

Reagan's plan passed with bipartisan support again not a single Republican is willing to sign on.

To the same -- snake oil that has failed to turn around us economy for the past four years now we're happy that secretary lahood remembers the legacy of Ronald Reagan.

But suggesting that President Reagan would have approved -- president Obama's jobs bill.

Shows a kind of disconnect -- the reality that should probably disqualify a person for operating -- machinery.

Let alone running a cabinet office and that's it for tonight thanks for joining us be here tomorrow when we're gonna be targeted congressman Tim Murphy.

He is a member of the house panel that tomorrow will be voting on whether or not to issue subpoenas to the White House for information --

Load More