robert poole and randall o'toole discuss the administration's proposal to fund various modes of transportation, including railway, transit, airports, and highways. this cato institute event lasts about an hour. >> hi, there. welcome to the cato forum today on infrastructure. i am chris edwards, an economist at the cato institute.

bob poole and randall o'toole. i am going to give a brief overview of what is in president biden's infrastructure plan, and then we are going to hear from bob and randall. you can send us text questions that we will address after our panelists have spoken. there should be a text box on your screen. you can also tweet questions to us with the hashtag #catoecon. infrastructure is a hot issue. president biden has announced a $2.3 trillion for stretcher plan and congress is considering their options. we can break the nation's infrastructure into three different piles. the first pile is federal infrastructure, such as amtrak, for example. the second pile is state and local infrastructure such as highways and pools and transit systems. the third pile is private infrastructure. everything from broadband to electric utilities to trains and railroads. the reason there is no definition of infrastructure, about 65% of the nation's infrastructure is owned by the private sector, about 30% is owned by state and local governments

so i started with this extraordinary actor, peter o'toole.r, she was starting out. she was tough and wonderful, a wonderful woman. i was young, i was 29, and i had confidence, i was bullish and tough. we did one scene and i had that kind of confidence, and, so, we did the scene in rehearsal and at the e me telhing, don't havcse y've got a head shoulders and good voice, just speak the lines, and watch spencer tracy in bogart and learn how to do it. just speak the lines. and that was the best add violence. >> stephen: didn't she say never turn your back to the camera. >> yeah, don't turn the back of your head to the camera because i'll steal the scene from you, i'll probably do that anyway, but, darling, give yourself a break. ( laughter ) >> stephen: i really hope that i can talk to both of you gentlemen again. thank you so much for being here, best of luck. enjoy yourself hopefully this weekend at the oscars, and thank you again for your beautiful film and your exploration of our humanity. "the father" is in theaters and on demand now. sir an

world a leading light of all race cars originally it was supposed to be a limited edition he says o'toole would do this car was originally intended as a homologation model for motor sports fufu thinks that means only $500.00 were supposed to be built as auto saluted on it was supposed to weigh under a 1000 kilos and be used mainly in motor a set of. whole saga botia under-estimated one thing this fall demand from her performance oriented customers. was suddenly there were people who wanted this r.l. it could be not for the racetrack and for the but for the road so off you just toss it it's now so in demand then it's the most faked car in the world. yard to sleep so i can see one of the certainly it is down in part to how its value grows and r.s. from the model year 973 can cost up to happen a $1000000.00 euros more than the other models of all that's plenty of motive for george noory and there are days it's depending on what i've gotten from to me to show that every 2nd car i have to give an expert opinion honestly is a fake as you try to fudge. one striking feature is the rear spoiler wh

world a leading light of all race cars originally it was supposed to be a limited edition he says o'toole would do this car was originally intended as a homologation model for motor sports salute the flag and so that means only $500.00 were supposed to be built as old was loaded on it was supposed to weigh under a 1000 kilos and be used mainly in motor a set of. also all the porsche under-estimated one thing this fall demand from her performance oriented customers. because suddenly there were people who wanted this are it not for the racetrack and for the but for the road so often just toss it it's now so in demand then it's the most faked car in the world. yard to sleep so i didn't see and of certainly it is down in part to how its value crows and r.s. from the model here in 1973 can cost up to happen a 1000000 euros more than the other models you know that's plenty of motive for george noory and there are days it's depending on what i've got in the front of me to say that every 2nd car i have to give an expert opinion honestly is a fake as you don't why defoe's. one striking feature is

world a leading light of all race cars originally it was supposed to be a limited edition he says o'toole would do this car was originally intended as a homologation model for motor sports before and so that means only $500.00 were supposed to be built as old was loaded on it was supposed to weigh under a 1000 kilos and be used mainly in motor a sense of. also although botia underestimated one thing this fall demand from her performance oriented customers. because suddenly there were people who wanted this are really not for the racetrack and for the but for the road so often just toss it it's now so in demand that it's the most faked car in the world. yard to sleep so i didn't see one of his certainly it is down in part to how its value crows and r.s. from the model year 973 can cost up to half a $1000000.00 euros more than the other models. that's plenty of motive for george noory and there are days it's depending on what i've got in front of me to say that every 2nd car i have to give an expert opinion honestly is a fake as you try to focus. one striking feature is the rear spoiler whi

film will be picked up by netflix for international distribution but that's what happened with all o'toolehey a nigerian crime drama that not only gets under your skin but could have quite an impact on the future and perception of african cinema. things shall not be everything. until. they tell you that i was a very good actress a screw up. it's long question though that this is not the route you are on. the plot often feels like a crime writers work of fiction young journalist goes undercover to expose the sordid world 6 work and human trafficking in an injury and city. which is now my story but the now famous netflix film was very much based on the facts and experiences of real life journalist to. its arab world of exploitation. i mean social economic it was psychological exploitation of women i had to because. i had to become a sex worker and mean glahn with the sex walk as you're on it university the friend who she says died after being trafficked to italy. in 2013 to see how young women alluding to the trade she went undercover as a street walker in lagos and then for 7 months. i was

film will be picked up by netflix for international distribution but that's what happened with all o'toole hey a nigerian crime drama that not only gets under your skin but could have quite an impact on the future and perception of african cinema. for you that you think shall not be every scene. until. they tell you that i was a very good actress of scroope. slumbrous you know that this is not the real you are who are on. the court of law today feels like a crime writers work of fiction young journalist goes undercover to expose the sordid world 6 work and human trafficking in an injury and city. he's now my story but the now famous netflix film was very much based on the facts and experiences of real life journalists. it's very bored of exploitation. i mean social economic it was psychological exploitation of women i had to because. i had to become a sex worker and mingling with the sex was. university of yury lost a friend who she says died after being trafficked to italy. in 2013 obviously set out to see how young women alluding to the trade she went undercover as a street walker in lag

and on the night glenn close tied peter o'toole for having the most acting nominations without ever winning, eight, she showed she wasn't too downhearted by taking part in a film quiz and doing a dance. there were british wins in eight categories. emerald furnell was nurse patsy in calld the midwife emerald furnell was nurse patsy in call the midwife and camilla in the crown. now an oscar winner for best original screenplay for her female revenge film promising young woman. i'm trying very hard not to cry which is very difficult as an english person because we don't cry ever, ever. good night. all in all it was a very strange and rather muted oscars. hollywood will be hoping they can leave the train station when normal service is resumed next year. time for a look at the weather. here's susan powell. good afternoon. so much dry weather so far this april, still a lot of sunshine across the uk at the moment, but we do have some rain in ourforecast for the next moment, but we do have some rain in our forecast for the next few days. not a lot but hopefully at least some for almost or regions of

hell i got some lovely warm spring sunshine it's a process scandinavia o'toole's about 6 days love the big area of high pressure in charge just has to keeping it cool bryce and sunny and all seep out a little further west as well a little more clout in across the british isles into areas of france into a good part of germany some showers that we have a full showers into central parts of europe system west of weather coming through here just around southern poland czech republic austria sings well too wintry showers as well for good measure over the high ground just want to say wintry shabbas to just around southern parts of the balkans and you see some wet weather that was bill gates was the black sea it was that western side of the some more anchored of around 20 degrees celsius 20 on the other side of europe from madrid so not too bad here although it does cool off a little as we go through a cheese day with the child's the same showers creeping in here not too many showers across the british isles scotland will see wanted to those they fizzle out as they pump into our area of high p

world a leading light of all race cars originally it was supposed to be a limited edition he says o'toole would do this car was originally intended as a homologation model for motor sports and so that means only $500.00 were supposed to be built as old was loaded on the it was supposed to weigh under a 1000 kilos and be used mainly in motor a sense of. also although bosch underestimated one thing the small demand from a performance oriented customers. because suddenly there were people who want to this are at work you know. for the racetrack for the but for the road so. it's now so in demand that it's the most faked car in the world. to sleep so i didn't see certainly it is down in part to how its value crows and r.s. from the model year 973 can cost up to happen 1000000 euros more than the other models. that's plenty of motive for george noory and there are days it's depending on what i've gotten from to me is that every 2nd car i have to give an expert opinion on is a fake as you don't why do fudge. one striking feature is the reader's spoiler which made its debut on the artist premium

are all this - message of support that came in for king o'toole, what does this tell us?hich all the neighbours _ us? the speed with which all the neighbours and _ us? the speed with which all the neighbours and allies _ us? the speed with which all the neighbours and allies like - us? the speed with which all the neighbours and allies like the . neighbours and allies like the united states and the gulf monarchies as well, it they swiftly put out statements expressing full support for king abdullah, expressing support for the stability of his kingdom, notjust security, stability of the kingdom. why are they anticipating that information we come out that link them to this alleged plot? were they worried about their own problems at home? whatever was behind it, it is absolutely crucial, this is what the underlying, thatjordan has been an island of stability next to iraq, next to syria, next to saudi arabia, the west bank, ifjordan starts becoming unstable, to have a ripple effect across the region. so much as jordanians, most of all, it matters to the region and beyond.- jo

and on the night glenn close tied peter o'toole for having the most acting nominations without ever winningdance. there were british wins in eight categories. emerald furnell was nurse patsy in calld the midwife emerald furnell was nurse patsy in call the midwife and camilla in the crown. now an oscar winner for best original screenplay for her female revenge film promising young woman. i'm trying very hard not to cry which is very difficult as an english person because we don't cry ever, ever. good night. all in all it was a very strange and rather muted oscars. hollywood will be hoping they can leave the train station when normal service is resumed next year. time for a look at the weather. here's susan powell. good afternoon. so much dry weather

randall o'toole specializing in transportation, land use, and environmental issues. he has written six books, why the passenger trains we love are not the transportation we need. he finds compelling evidence that government subsidies for rail, whether it is amtrak or subways is unproductive and not efficient. with that, i'm going to hand it over to bob to take away. bob: thank you, chris. get my powerpoint. ok. there we go. ok. there we go. thanks very much. sorry for the delay in getting started. i think the overall philosophy that underlies the biden plan is troubling. it ignores the user pay, user benefit principal. our very wise principal, and it ignores the role of potential private capital to leverage whatever money government would invest. it ignores sound principles of federalism, in terms of which level of government should do which function. on highways, the 115 billion over eight years sounds like a lot, but the way it appears to be divided up is kind of disappointing. it ignores the need to spend an estimate of $1 trillion over 20 years to rebuild the int

film will be picked up by netflix for international distribution but that's what happened with all o'toole hey a nigerian crime drama that not only gets under your skin but could have quite an impact on the future and perception of african cinema. in. the shower will not be every scene. and some of the. very so you don't see very good actors of group. slumbrous you know that this is not the real you are who are on. the part of the today feels like a crime writers work of fiction young journalist goes undercover to expose the sordid world 6 work and human trafficking in an injury and city. if you've now my story but the now famous netflix film was very much based on the facts and experiences of real life journalists. it's very bored of exploitation. i mean social economic it was psychological exploitation of women i had to because it's sex because. i had to become a sex worker and mingling with the sex was. university of yuri lost a friend who she says died after being trafficked to italy. in 2013 you set out to see how young women alluding to the trade she went undercover as a street walke

hell i've got some lovely warm spring sunshine it's a process scandinavia o'toole's about 6 days love the big area of high pressure in charge just has to keeping it cool brice and sunny and old say about a little further west as well a little more clout in across the british isles into areas of france into a good part of germany some showers that we have the eiffel showers into central parts of europe system west of weather coming through here just around southern poland czech republic austria sings well too wintry showers as well for good measure over the high ground just want to say wintry shabbas to just around southern parts of the balkans and you see some wet weather that was bill gates was the black sea it was that western side of the symbol and critter around 20 degrees celsius 20 on the other side of europe earth madrid so not too bad here although it does cool off a little as we go through a cheese day with the child's the some showers creeping in here not too many showers across the british isles scotland will see want to those they fizzle out as they pump into the area of h

and on the night glenn close tied with peter o'toole for having the most acting nominations without evernhearted when taking part in a film quiz and doing a dance. there were british wins in seven categories. emerald furnell was nurse patsy in call the midwife and camilla in the crown. now she's an oscar winner — best original screenplay for her film female revenge film, promising young woman. i'm trying very hard not to cry, which is very difficult as an english person, because we don't cry, ever. goodnight. all in all, a very strange and rather muted oscars. hollywood will be hoping normal service is resumed next year. colin paterson, bbc news. let's speak to our west coast correspondent, sophie long. shejoins us from she joins us from los angeles. thank you for being on the programme. strange and muted. it felt very different to. it strange and muted. it felt very different to.— strange and muted. it felt very different to. ., , , , different to. it was very different, as everything _ different to. it was very different, as everything else _ different to. it was very different, as eve

and on the night glenn close tied peter o'toole for having the most acting nominations without ever winning the midwife and camilla in the crown. now an oscar winner for best original screenplay for her female revenge film promising young woman. i'm trying very hard not to cry which is very difficult as an english person because we don't cry ever, ever. good night. all in all it was a very strange and rather muted oscars. hollywood will be hoping they can leave the train station when normal service is resumed next year. alice doyard is the producer of colette, which won the oscar for best documentary short. shejoins me now with she joins me now with the oscar. you clearly can't bear to be apart from it! , �* , ., , _ clearly can't bear to be apart from it! w _,,_, clearly can't bear to be apart from it! w _,_,, it! yes, i'm very happy to be with ou. it! yes, i'm very happy to be with you- that — it! yes, i'm very happy to be with you- that is _ it! yes, i'm very happy to be with you. that is wonderful, _ it! yes, i'm very happy to be with you. that is wonderful, many - you. that is wonderfu

and on the night glenn close and tight peter o'toole for having the most acting nominations without ever'm trying very hard not to c and woman. i'm trying very hard not to cry and that's _ woman. i'm trying very hard not to cry and that's typical— woman. i'm trying very hard not to cry and that's typical for _ woman. i'm trying very hard not to cry and that's typical for an - cry and that's typical for an english person. mil cry and that's typical for an english person.— cry and that's typical for an english person. all in all, a stranue english person. all in all, a strange and _ english person. all in all, a strange and beaded - english person. all in all, a| strange and beaded oscars, english person. all in all, a _ strange and beaded oscars, hollywood hoping they can leave the train station and all normal services will be resumed next year. film criticjason solomonsjoins me now. one of the big winners is no mad land. . one of the big winners is no mad land. , ., ., land. the big winner of the whole season, land. the big winner of the whole season. this _ land. the big winner of the w

and on the night glenn close tied with peter o'toole for having the most acting nominations without everss southern england, particularly the south east. on tuesday, the best of the sunny weather and remaining dry as well. elsewhere, much more cloud around, showers in many areas, perhaps a few for the fire southwest, relentless rain across the east coast and chilly, 7 degrees in aberdeen. this era of low pressure sinks southwards for wednesday, things clearing up somewhat across scotland, the greater chance of showers across wales, the south west of england and the midlands. still rain elusive across the south east, perhaps the odd shower throughout the day. much drier in scotland, brighter but some showers on the breeze across the tops of the mountains, the air is cold enough that we could still see some snow. still chilly on the north sea coast. as there is low dose across the continents, finally some rain for the southeast of england, and then the chilly northeasterly wind kicked the north sea. attracts us into artic air, there ice appears open up, the winds for your lights, showers d