transportation secretary anthony foxx. thank you for being with us. >> great to be here. >> the highway trust fund runs out of money soon. it will not be resolved by august. >> we are working very hard with congress to get an answer before the highway trust fund becomes insolvent. in the event it becomes insolvent, we are working through contingency plans to work with states so we can do the best job we can. >> projects by july will be stalled. some projects will be canceled. >> you say by july. >> the trust fund will become insolvent as early as august. before then, many state d.o.t.'s will be making decisions. there has been a lot of consternation about this. we have had 27 band-aids put on transportation. the biggest issue is how you pay for it. the president put forward a framework, a bill out that says we can do this with tax reform. >> did you get any receptiveness from john boehner? >> we introduced -- we think there is bipartisan interest. >> can you use some of the proposal to finance -- there is a lot of symmetry

transportation secretary anthony foxx. for being with us. >> great to be here. >> the highway trust fund runs out of money soon.

transportation secretary anthony foxx puts "all manufacturers on notice." if they don't report safety-defects immediately. the maximum fine, 35-million dollars doesn't sound like much to a hundred billion dollar automaker, such as gm. but it may be just the beginning. the national highway traffic safety administration fined general motors 35-million dollars in civil penalties for failing to notify government regulators about safety-defects that transportation secretary anthony foxx says gm knew about for years--but said nothing. "this is one fine. gm still has to pay $7,000 a day for questions to congress it hasn't answered and that was weeks and weeks ago." the penalty is for g-m's ten- year delay of recalling more than two and a half million cars for a defective ignition switch, which came after dozens of accidents--in which 13 people were killed. "i think it's difficult to tell what information regulators have access to in a defect investigation." so far, g-m has more than doubled it's number of safety investigators. from 20-to-55... and last week, annou

s/anthony foxx, secretario del departamento de transporte de ee.uu.io de transporte anthony foxx dijo hoy que gm viol la ley al ocultar la falla mecnica que evitaba que las bolsas de aire se activaran en ms de dos-millones de vehculos. el problema en el interruptor de arranque al parecer caus la muerte de por lo menos trece personas. la multa podra no ser lo nico que gm tenga que pagar. s/ joseph malouf, abogado "las familias que perdieron seres queridos por la falla mecánica también requerirán que se les pague." s/ randy serrano @randytelemundo "y los problemas no terminan ahí. apenas ayer general motors anunció un nuevo retiro de por lo menos dos millones de vehículos con luces defectuosas y problemas con los frenos. en lo que va del año gm ha retirado más de once millones de vehículos por fallas mecánicas" la administracin nacional de seguridad del trfico en las carreteras tambin exigi que gm report peridicamente por tres aÑos sobre todas sus actividades. por su parte la presidenta de la compaÑa dijo hoy en un comunicado que la empresa ha aprendido

transportation secretary anthony foxx

. >> this week on political capital, anthony foxx on whether the highway trust fund will go bust. jobs report. janet yellen. the latest from ukraine. margaret carlson debates epa's big win. we began the program with the u.s. transportation secretary anthony fox.x thank you for being with us. >> great to be here. >> the highway trust fund runs out of money soon. it will not be resolved by august. >> we are working very hard with

but today i'm here along with our secretary of transportation, anthony foxx.applause] about one of the best ways to create new jobs and spur economy, and that is to rebuild america's infrastructure. it's been about five and a half years since the financial crisis that rocked wall street and then ultimately spread to main street. thanks to the grit, the determination of the american people, we've been steadily fighting our way back. four years our businesses have now created jobs.llion new auto industry that was booming.g is now a manufacturing sector is adding ins for the first time years. troops fighting two wars are home. home or are coming rather than creating jobs in if other countries more and more itpanies are recognizing makes good business sense to locate right here in the united states of america without standing american work -- with outstanding american workers. made progress, but here's the thing we could be doing a lot more. we could make the decision easier for businesses to locate here in the united states, here york state if we do a job rebuild

. >> reporter: secretary of transportation anthony foxx said today tragedy might have been averted. > together, these penalties should put all auto makers on notice. >> reporter: in a 67-page consent order, g.m. admitted it broke federal law, it agreed to give the national highway traffic safety administration, or n.h.t.s.a., a written list of every safety-related issue concerning vehicles already in the fleet, and it will pay the biggest penalty n.h.t.s.a. has ever imposed. still, less than one day of revenue for g.m. senator ed markey. >> $35 million is too low of a fine. it's a parking ticket. we have to change the law so that the fine can be five times or ten times greater than this fine is, just so a message is sent that it can never happen. >> reporter: markey wants information on all crashes reported not just to n.h.t.s.a. but the public. right now, that doesn't happen. g.m. first knew about ignition switch problems in 2001 and knew as early as 2009 it could disable airbags. today, internal confidential documents released by the d.o.t. showed how g.m. trained employees to tamp

secretary of transportation anthony foxx was noncommittal. >> i think it's a laudable goal.g a look at the bill. >> reporter: n.h.t.s.a. falls under the department of transportation and secretary foxx did say he does want the maximum fine for car companies to be raised from $35 million to $300 million. scott, g.m. today had no comment on the hearing. >> pelley: jeff, thank you very much. tonight a predator is back on the prowl after a standoff that lasted nearly five hours. last night police responded to calls of a mountain lion roaming the streets of a san francisco suburbs. the big cat was cornered beneath a car in a parking garage an tranquilized. it was later returned to the wild. we'll meet the nba's top player and the person without got him there when we come back. ...with non-insulin victoza. for a while, i took a pill to lower my blood sugar, but it didn't get me to my goal. so i asked my doctor about victoza. he said victoza works differently than pills, and comes in a pen. and the needle is thin. victoza is an injectable prescription medicine that may improve blood

. >> reporter: department of transportation secretary anthony foxx told us the rush of bakken on the rails has forced his agency to act. >> what you have is a proliferation of a new growth energy product in this country without a proliferation of inspectors. without a proliferation of, in many cases, the regime that needs to go along with making sure that everything is safe. >> reporter: railroads have already agreed to reduce speeds for oil trains and improve braking systems. but vivian kornegay wants oil trains rerouted around heavily populated areas. >> there will be a next time with all the amount of oil moving throughout this country. it's bound to be a next time. and i don't want that next time down here where my residents live. >> reporter: the white house will review the safety proposals. we're told approval can take months. elaine quijano, cbs news, albany, new york. >> pelley: malaysia has a sobering message for the families of flight 370. that's next. and ortho weed b gon max. enter homeowner, kills weeds without harming innocent lawns. guaranteed. ortho weed b gon max. ge

the transportation secretary anthony foxx asked for passage of the 302 billion-dollar for your trance or tatian bill that would and some business tax breaks to boost the highway trust fund. it needs to be reauthorized by the end of september that it could run out of money in the late summer. that again from reuters. here are the secretaries are marked from the white house earlier. >> thank you jay and i think all of you. i would like to be here celebrating all the work that's happening around our country to reinvigorate our nations transportation networks. unfortunately however this may be the most dire moment in the american transportation system has faced in decades. as soon as august the highway trust fund the account that pays for building and repairing our nation's roads will start bouncing checks unless congress acts up to 700,000 americans will lose their jobs over the next year. and roadwork, bridge building transit maintenance all of these types of projects may be delayed or shut down completely. which means freight won't move which means trade will slow which means businesse

at a conference here transportation century anthony foxx told me the time for bipartisan i will bills now. -- highway bill is now. >> right now we are falling short. we are under investing in infrastructure and we need to strongly send a signal not only to ourselves but the rest of the world that america is back in business. the case for the administrations for year $302 billion plan to deal with this. half the funding would come from a temporary tax increase on corporate overseas earnings and they would be no increase in the politically sensitive gasoline tax under the president's plan. no one in congress has signed on to it just yet. at least no major players. and haley barbour took part in that government conference. he agrees on the need to invest in infrastructure but he is not sold. [inaudible]t -- he w >> if you spend the money on transportation infrastructure or in the shorthat term that is positive. in the long term we ought to change our tax so we do not double tax and keep it from coming back to america. >> do you think there is a compromise? >> dave camp talks about it as

at a bloomberg government conference this morning, the transportation secretary, anthony foxx, paintede picture of the nation's infrastructure challenge. he called on congress to reach agreement sooner rather than later. now, we are falling short. we are under investing in infrastructure. and we need to strongly send a signal not only to ourselves but to the rest of the world that america is back in business when it comes to our transportation system. for themade the case administration's own proposal. the four-year plan is $302 billion. transit or objects would be funded by a temporary tax increase on overseas earnings by companies, in part. no increase in the politically sensitive gasoline tax. the idea of taxing overseas income is an idea that has been floated by republicans as well. is the bestthat alternative funding right now. but key members of congress have not signed onto the idea. a bipartisan senate bill released late tuesday approaches things a little differently and would cover six years. the bill would cost $105 billion a month that they are leaving the idea of how to pay

the senate transportation committee will hear testimony today from my next guest, anthony foxx. you, sir. >> good morning, chuck. >> you guys are asking for more money. the house republicans offer for a lot less. is this a gulf that will disappear once the republican primary season is over or is this going to take us to the end of the year? >> we certainly need to get certainty in the system. over the last five years congress has passed 18 continuing resolutions and nine extensions of transportation bills and the result has been that the pipeline of projects at the state and local level has started to slow. in some cases states are spending millions of dollars just to plan a project and much less implement it and they're counting on federal support to get those projects done. so the lack of certainty in washington is creating a lack of certainty at the state and local levels. >> finish your thought. >> no, no. within that context, what the president and i have proposed is a $302 billion grow america act that would substantially increase the investments in our infrastructure so w

transportation secretary anthony foxx said gm's silence caused deaths.fect,w no one is but what we cannot tolerate, what we will never accept is a person or company that knows danger exists and says nothing. silence can kill. what we now know is that gm knew about this issue years before this past february. , gme at least november 2009 has had information linking the ignition switch problems with airbags failing to deploy. they had that information and they told no one. recalled another 2.7 million vehicles last week, bringing the total this year to 12 point 8 million. the arkansas supreme court has halted same-sex marriages one week after a state judge struck down a ban on marriage equality. hundreds of couples obtained licenses in the days after the initial ruling, but arkansas justices put those unions on hold friday pending the outcome of the state appeal. the case is expected to reach the supreme court which set off a wave of state marriage equality rulings after overturning the defense of marriage act last year. idaho also saw its marriage equality

our nation's secretary of transportation, anthony foxx. we've got a lot more coming up tonight, including a weird personal thing that i'm already regretting in advance doing before i do it. it's coming up, stay with us. >>> in massachusetts, the tea party republican candidate for governor says the state republican party tried to buy him off with $1 million. the state republican party, in turn, says, actually, no, the tea party guy tried to extort them for $1 million. but now that million-dollar mess in massachusetts, which honestly is the most entertaining mess in that state's politics in a long time, that mess in massachusetts has started to spread to other states. and specifically, to another republican governor, one who really, really wants to be president. and that story is next. [ male announcer ] eliminate odors and reduce allergens with new febreze allergen reducer. [ man ] wanna see some allergens? [ together ] eww! what is that thing? they could be all around you right now. [ gasps ] ♪ how would you deal with them? um... ninjas. [

transportation secretary anthony foxx. >> what we cannot tolerate, what we will never accept, is a personcompany that knows danger exists and says nothing, literally, silence can kill. >> brown: the company's new safety chief, jeff boyer, acknowledges the investigation prompted the avalanche of other actions. he told the associated press: we're not waiting for warranty trends to develop over time. in the meantime, g.m. has conducted its own investigation of the ignition switch issue, but has not yet released any results. that's expected to be released in the coming weeks >> brown: we look at the re- calls and the impact on g.m., with erik gordon, a professor at the university of michigan ross school of business. and daniel hill, president of ervin-hill strategy, a public relations firm here in washington. erik gordon erik gordon, let me start with you. what are we to make of this run of recalls, some even very small. what's happening from a business perspective? >> well, it's a disaster for general motors. it's damaging their reputation, will end up damaging their sales, hurt their stock

our nation's secretary of transportation, anthony foxx.ve got a lot more coming up tonight, including a weird personal thing that i'm already regretting in advance doing before i do it. it's coming up, stay with us. sfx: car unlock beep. vo: david's heart attack didn't come with a warning. today his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before you begin an aspirin regimen. if ...hey breathing's hard... know the feeling? copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immed

our nation's secretary of transportation, anthony foxx.e've got a lot more coming up tonight, including a weird personal thing that i'm already regretting in advance doing before i do it. it's coming up, stay with us. in the nation, it's not always pretty. but add brand new belongings from nationwide insurance... ...and we'll replace destroyed or stolen items with brand-new versions. we take care of the heat, so you don't get burned. just another way we put members first, because we don't have shareholders. join the nation. ♪ nationwide is on your side ♪ and i get a lot in return with ink plus from chase i make a lot of purchases for my business. like 60,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards even cash back. and my rewards points won't expire. so you can make owning business even more rewarding. ink from chase. so you can. all stations c

transportation secretary anthony foxx said that's unacceptable. >> we know no one is perfect. what we cannot tolerate, what we will never accept is a person or a company that knows danger exists and says nothing. literally silence can kill. >> woodruff: for its part, g.m.'s c.e.o mary barra issued a statement saying: the top health official at the u.s. department of veterans affairs has resigned. dr. robert petzel gave his resignation a day after testifying before a senate panel on the department's failures to provide adequate health care for the nation's veterans. it comes in the wake of allegations of treatment delays and falsified records at v.a. hospitals, including one in phoenix where allegedly up to 40 veterans died while awaiting care. twin blasts went off in the kenyan capital of nairobi today. at least ten people were killed and 70 more injured. police said two improvised explosive devices were detonated in a market area near nairobi's downtown. the white house condemned the bombing as u.s. ambassador to kenya requested more security and is reducing the number of sta

. >> secretary anthony foxx, it is good to have you on the program. thank you. >> thank you. >>> and hillary clinton is about to speak live in washington, d.c. karl rove wondering how she is feeling, and we will talk about his 2016 medical advice. >>> and then first, the emotional return to ground zero, taand the dedication is tomorro of the new museum, and we will take you inside and hear from the family members of the victims. you are feeling powerful with a 4-cylinder engine. [ male announcer ] open your eyes... to the 6-cylinder, 8-speed lexus gs. with more standard horsepower than any of its german competitors. this is a wake-up call. ♪ this is the first power plant in the country to combine solar and natural gas at the same location. during the day, we generate as much electricity as we can using solar. at night and when it's cloudy, we use more natural gas. this ensures we can produce clean electricity whenever our customers need it. ♪ tigers, both of you. tigers? don't be modest. i see how you've been investing. setting long term goals. divers

anthony foxx can go back to north carolina and possibly challenge for the race when that state is purple and castro could be a vp candidate in 2016 and make texas interesting with hillary clinton and castro on the ticket. it's a way to develop young tall epment something the republican party does a poor job at in contrast. >> you mentioned 2016 and the republicans' role in that. we talked about the historic nature of having two women on the ticket. what about a castro ticket. this will be a good idea. do you think it will be the perfect play for the democrats? >> for 2014 it seems that way. two years ahead. it will be great. you can make tefl as competitive -- texas competitive. you can make it to north carolina, go to florida. all of a sudden the purple state, ones that used to be solid red, now purple are arse that the republicans have to focus on. states that are swing states would likely lean democrat. this is something that could be a major problem for the party yip. >> let's talk about those competitors. in fact, karl rove. by midweek rove was backpedalling on a story questioning h

but today, i'm here, along with ur secretary of transportation anthony foxx. [applause] to talk about one of the best ways to create new jobs and spur our economy, and that is to rebuild america's infrastructure. it's been about five and a half years since the financial crisis that rocked wall street and then ultimately spread to main street. thanks to the grit, the determination of the american people, we've been steadily fighting our way back. in just four years, our businesses have now created 9.2 million new jobs. auto industry that was flatlining is now booming. a manufacturing sector that had lost a third of its jobs back in the 1990's is adding jobs for the first time. troops that were fighting two wars, they're either home or coming home. rather than creating jobs in other countries, more and more companies are recognizing it makes good business sense to locate right here in the united states of america with outstanding american workers. [applause] so we've made progress, but here's the thing. we could be doing a lot more. we could make the decision ea

. >> all right, that is the transportation secretary anthony foxx talking about that fine for gm, as decree as it relates to the recall of the cobalts. phil lebeau, your reaction? >> not surprising. we knew the information nhtsa was gathering from general motors made it very clear that gm knew about this for sometime. and they said it pointblank, gm knew at least in 2009 that there was a link between ignition switches failing and air bags not deploying, and obviously, there are 13 deaths related to this defect. so it was very blunt language. that's what we expected from the d.o.t. what is interesting is that we still have the doj investigation out there, carl, and you can bet that if there is some kind of settlement or a fine at the end of that doj investigation, which is a possibility, you can bet it's not going to be $35 million. just look at toyota. i think people are looking at that as sort of a more of a benchmark of what we might expect if doj does hand down a criminal penalty against general motors. >> that's a departure from where we are right now, for sure. >> you bet. >> ph