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-- -- -- we're not busting to back anger we're investing in the country and have more to just come -- and it -- like but -- Cutler's coming from here.
Within a Pennsylvania governor Ed Rendell I'm gonna I heard people -- go.
Zuckerman has pointed out -- -- -- just now.
They're disappointed in this guy's.
Dig in and then make -- -- Lawrence.
What is so well let me start out with this embarrassing and I love more Superman I'd love to see -- -- a permanent part of any administration in Washington.
-- and -- to do it.
But and he made some very very important points is how many times have you heard me say Neil.
The infrastructure investment is not spending its investment we get a Betty -- we are doing a lot of that going around and it hasn't.
That part of the stimulus but -- bill has produced jobs both on the construction site and an American factories.
The problem with the stimulus bill as we didn't have enough infrastructure spending it and -- sit right we have to have a long term infrastructure investment program.
It produces jobs produces federal taxes that offset some of the spending.
And it's important in the nation and we can funded by -- as you know I tried to convince the federal government to allow us to toll I eighty.
As a way of -- -- for transportation infrastructure spending so number one that's the most important thing the single best job creator that we can do.
So -- you have probably you're gonna get your wish I mean he's going to have more spending more infrastructure spending more alike well we have to see what it is right now I understand that but.
I won't get an -- very good point -- -- originally I was CNN is doubling down on something that hasn't in the network.
It has worked infrastructure spending is the best part of the stimulus its work to have you seen -- on another site.
It it but I've seen what's happened to construction manufacturing in my state construction and manufacturing we're getting pounded.
Until stimulus went into effect.
Our construction and manufacturing have grown the last six months and grown fairly significantly.
It the problem was there wasn't enough infrastructure spending and Mort said something that's very right and I hope you picked it up.
He said he can't be just for year to ask -- a long term.
Sustained commitment that's number one.
Nobody also said we don't know what -- deficits don't have to watch her -- absolutely not there but when we talk about spending we have to have.
Be fair for example he he he said the thirty billion dollar.
Small business bill that's spending but it's paid for it is actually paid for it -- and one.
Dollar to the federal deficit to help cure a lot of people who -- don't know whether the governor as to whether it's Paramount now -- it's totally paid for they have these these small business -- The health care and I don't know how important here is what it's doing what it depends on the paperwork.
It is paid for according to the CBO and need I know you don't like pink quote quote the CBO all the time.
But the CBO said on the health care bill which you guys always rail against.
Health care bill will reduce the deficit by a hundred billion dollars in the first ten years and by a trillion dollars in the second year and you'll want to -- CBO you're quoting governor has updated that forecast updated it to Medicare.
Updated the deficit forecast that it isn't.
What they said before that there are a lot more problems -- because.
It's still reduces the deficit number one and number two I think you've got to be fair.
The projected deficit now isn't bad at nine and a half ten trillion dollars but six trillion of that came.
From the tax cuts that were -- and not paid for by the Bush Administration.
We're not sure I didn't answer you just made got up.
-- absolutely -- six trillion is devoted to the tax cuts and.
Governor governor DeBartolo he barely but I do -- -- is is that because you know you know you just oozes through a long one there.
Did know then you know I thought new years ago.
Nine years ago right before September 11 you know the NASDAQ was imploding.
The market was imploding.
Internet stocks were bloating and they'll recognize -- -- -- and and the revenue from all of that was imploding and Uncle Sam.
Democrats told then President Bush that they said they were on board sixteen in the senate with tax cuts to address that.
The revenue was already leaving them already leave it.
-- -- -- -- I will get you CBO report bring me back tomorrow I'll of the senior report.
Saying that six trillion dollars of the deficit -- from the tax cuts and for Medicare part.
And I want to you know I'm Anaheim got a son had to give -- complete breakdown of what that we just ran his son to show the other day to know -- -- -- -- bar charts.
But I'm just telling you governor whether.
You can argue -- it's -- -- you sir here's what you're dealing with.
The cruise director on the Titanic yelling at everybody more -- No not north got -- no doubt -- -- this.
I agree we feel that things should be paid for.
I agree with you but if we're gonna continue the tax cuts for whoever is the middle class everybody whatever.
We should find a way to pay for them because we've got to get serious about the deficit went crazy when I don't -- -- -- middle class tax cuts as well.
Absolutely I think I've got to do it but I think what we have to do is -- got to take the Simpson -- report.
Both parties have to decide that -- -- do something for the country they're gonna take a uniform hit we've got to do something about entitlement programs.
Do something about tax cuts find a way to pay for or whatever do something about military spending.
Then we'll get some real deficit reduction.
Our governor great seeing you again see those -- you know.
In May not like -- Activision and join his yes I've always looked to have you back a -- regardless.
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