today is where we were when we were building these projects. they're preparing for the 21st century, predominance in the 21st century. you go to singapore. mika's father came back from singapore. the infrastructure there is absolutely remarkable. investing in infrastructure, that's not going to damage us as far as the debt goes. structurally over the next 30, 40 years, that's not the challenge. the challenge comes in a lot of other areas. you're right, we have got to re-invest in roads and bridges and our trains and our power grid. all of these things. there are arteries of commerce -- >> the president tried to put the focus on jobs yesterday after months of negotiations and political rhetoric and just hours before the midnight deadline congress passed legislation to raise the nation's $14.3 trillion debt ceiling. the senate voted to approve the deal, 74-26, guaranteeing that the united states will not default on its obligations.
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