somebody at a time when our infrastructure is literally a deep level grade according the american society of civil engineers we get deep in there these days is the future of our economy their infrastructure is going to work as a face of those two issues which are you just don't fear the one percent. in the military industrial complex suddenly we are solutions to all the issues really there is money to invest in the new resisting the economy no selling his money to reform it looms them out we see energy as you can turn roads into solar panels that's not possible we like with our money in france. right now. writing. that it was this mother target like the birth. of your. street. we are right. here. because. they say that the occupy movements major victory to date is that we have changed the conversation that people are now debating issues such as western equality at this point i think we can all agree there is no debate there is inequity when it comes to wealth period full stop and it is growing and the super rich are not super rich because of some force of nature like summer morphing into fall or heat are al

somebody at a time when our infrastructure is literally a deep level grade according the american society of civil engineers we get a deed in there these days or it is the future of our economy very infrastructure is going to work and so if you face of those two issues which are you know just war going on here the one percent the military industrial complex suddenly your solutions to all the issues really there is money going to exist in the new resisting the economy you know certainly there's money to reform and whom we see energy so you can turn roads into solar power and that's where possible we think that's why we have our russian friends on the right it was frightening. frightening. that it was this mother targeted like. you. you're right it was. street. we were right. here. and. they say that the occupy movement major victory did. it is that we have changed the conversation that people are now debating issues such as well some quality at this point i think we can all agree there is no debate there is inequity when it comes to wealth period full stop and it is growing and the super rich are not super r

somebody at a time when our infrastructure is literally a deep level grade according the american society of civil engineers we get deep in there these days drip is the future of our economy very infrastructure is going to work and so if you face of those two issues which are you're just working on fear the one percent. in the military industrial complex suddenly we are solutions to the issues he's selling his money to invest in the new green sustainable economy will certainly his money to reform it looms them out wasting energy so you can turn roads into solar panels that's not possible we like with our money in france i don't have it. right me. right. he said it was this target like the rest. of the earth by the way and. it's. we are right. here. they say that the occupy movements major victory to date is that we have changed the conversation that people are now debating issues such as wealth inequality at this point i think we can all agree there is no debate there is inequity when it comes to wealth period full stop and it is growing and the super rich are not super rich because of some force of nature

somebody at a time when our infrastructure is literally a deep level grade according the american society of civil engineers we get a decent there's these days is the future of our economy very infrastructure is going to work as if the face of those two issues which are you're just wrong and unfair the one percent. in the military industrial complex suddenly we are solutions to the issues he's selling his money to invest in a new resisting the economy will certainly there's money to reform and rooms that are wasting energy you can turn roads into solar panels that's where possible we like. our running friends on the. right the. right. place at least this mother target like the president. there are easier. street. we are right. here. and. they say that the occupy movements major victory to date is that we have changed the conversation that people are now debating issues such as wealth in a quality at this point i think we can all agree there is no debate there is inequity when it comes to wealth period full stop and it is growing and the super rich are not super rich because of some force of nature like summ

somebody at a time when our infrastructure is literally a deep level grave the core of the american society of civil engineers we get a deed in there these days is the future of our economy our infrastructure is going to work and so if you face of those two issues which are you know just war going on here the one percent in the military industrial complex suddenly your solution is to tell you she's going to lose money to invest in the new resisting the world. no certainly there is money to reform and whom we see energy so you can turn roads into solar power and that's where possible we think that's why we put our money back on the right it was right that. it was frightening. that this was this was our target like the rest of you. you're right. we were right. here. and. they say that the occupy. movement's major victory to date is that we have changed the conversation that people are now debating issues such as well some quality at this point i think we can all agree there is no debate there is inequity when it comes to wealth period full stop and it is growing and the super rich are not super rich because of

somebody at a time when our infrastructure is literally a deep level grade according the american society of civil engineers we get a deed in there these days is the future of our economy very infrastructure is going to work and so if you face of those two issues which are you just going on fear the one percent the military industrial complex suddenly your solutions to the issues i mean there's money to invest in a new breed sustainable. you know certainly there's money to reform and we see energy you can turn roads into solar power and that's where possible we like. our models ran on. right. right. right. that was it it was this was our target like the president. or the or the red streak. we were like are. here now. they say that the occupy movements major victory to date is that we have changed the conversation that people are now debating issues such as wrestling equality at this point i think we can all agree there is no debate there is inequity when it comes to wealth period full stop and it is growing and the super rich are not super rich because of some force of nature like summer morphing into fall

goat through the american house, but will place a band aid on america's growing cancer of failing intrastructure. a 2009 study of u.s. infrastructure by the american society of civil engineers concluded that we need $2.2 trillion to be spent over five years to bring the nation's roads, bridges, railway tracks, airports and associated systems up to grade. let me make three crucial points. first, this is the big bang. it would be the most effective way to create good jobs. unemployment in the construction industry is among the nation's highest. around 16%. the private sector is still not investing much in construction. second, it's cheap. the federal government's borrowing costs today are lower than they are ever likely to be, again. deferring maintenance is not fiscal prudence. when your boiler explodes, it costs more than it would had you just spent the money keeping it in good functioning order. we need to spend that money now. third, this is an area where the federal government has always had a big role, one that republicans have long embraced. in 1930, even as herbert hoover was trying to balance the federal budget, he urged large scale expenditures on infrastructure. de

the american society of civil engineers says we have a $2.2 trillion, $2.2 trillion backlog of just getting roads and highways and bridges and water systems up to a safe, reasonable level. and this kind of cutback that we're doing now, this sequester, besides being stupid because it's across the board and nondiscriminating, and besides being unnecessary is absolutely harmful for all the reasons we're speak about. but also it will take so much demand out of the economy that the estimates are it will cost at least a million jobs, at least a point in economic growth, and probably about a point in the unemployment -- increased unemployment. and we should simply scrap it. you know, we've reduced the deficit from 10.1 of gdp to 7%. and it's going down to 5%. that's enough at the moment. concentrate on unemployment. concentrate on getting the economy back in shape. worry about the long-term deficit problem after we've got the economy in shape. >> well, if you believe that power point presentation that boehner put together in the summer of 2011, this has all been part of the plan. let's bring in th

the american society of civil engineers said we need to invest $157 billion a year in our infrastructurelose 3.1 trillion in the economy over the next few years. that's obviously something to pay attention to so i don't want to suggest it's wrong to have big projects but what we don't have in transportation spending that we should have to make government smarter is actual long-term planning so where are our investments best made in order to ensure that we are making the smart investments? public transit is one of those and really been one grossly underfunded and let's remember that literally, literally 75% of all low skilled and medium skilled jobs in this country are more than 90 minutes away from public transit. this means the people who are most likely to need those jobs are not living anywhere near a place where they can actually access them. and we have to change that. >> you know, we are talking about this a lot in the context of the sequester and the federal role in funding transportation but there's obviously a big role for state, cities, municipalities providing money and policy

we saw a report card from the american society of civil engineers giving us a big fat d.rade we would be embarrassed if our kids brought home on their report card. we need to invest in roads and bridges, and in broadband to expand the information superhighway. the united states is fall bhininged many of its competitors in that area and we cannot allow that to happen. i mention all those things because it would be incredibly short sighted to shortchange those important investments at this particular time. it is also true that we have to act now to put in place a plan to reduce our rising long-term deficits and debt, that unless we act will go unchecked. and so there's no disagreement with that. but our deficit reduction plan should not just pick a number out of a hat, an bayer trare political number. it has to be in the context of an economic strategy. again, the goal here is an expanding economy, growing jobs, and making sure we strengthen the middle class. how we deal with the deficit has to be addressed within that context but after all if we look at our european partne

we just saw the report card from the american society of civil engineers giving us a big fat "d," a grade we would be embarrassed if our kids brought home on their report card so we have to invest in roads and bridges and invest in broadband to expand the information super highway. the united states is falling behind many of the competitors in that area, and we cant allow -- cannot allow that to happen so i mention all of those things because it would be incredibly short sided to shortchange those important investments at in particular time. it is also true that we have to act now, put in place, a plan to reduce our rising long term deficits and debt that unless we act, will go unchecked. there's no disagreement with that, but our deficit reduction plan should not just pick a number out of a hat, an arbitrary political number. it has to be in the context of an economic strategy. again, the goal here is expanding the economy, growing jobs, and strengthen the middle class, and how we handle the deficit has to be addressed in that conflict. if we look at the european partners, they said redu

so we get of failing grade from non-partisan groups like the american society for civil engineers. look, the issue is, there are certain parts of our economy like basic scientific research which helped launch the space program which led to very many important developments, including money that helped see the foundation -- neil: but that is when we had money, congressman. we don't have money. became strategically invest that we don't have. i understand we can create money, but my worry, congressman, you and i have gotten into this before. i heard very little out of the president about whether the debt is such a big issue and we should address it at all and when it does come a closing loopholes and the like maybe that is the way to close these next budget goals that may be, you know, go after tax loopholes and special breaks and allowances. very little in terms of cutting spending, and the president seemed to be saying the 4 trillion a roughly agreed to come even though no one agree to anything yet is about as far as i'm going to go. did i hear that right? >> well, i heard very clearl