economy that will sustain to last. among them, $476 billion over transportation projects. $141 billion in nondefense spending and research initiatives. and $8 billion for a community college job training program. that s why the president is at the community college in virginia today. white house chief of staff and budget director jack lew appeared on meet the press to present his case. he explains why many of the cost-cutting measures take place after the presidential election. the time for austerity is not today. we need to be on a path where over the next several years, we bring our deficit under control. we have recovery taking root. and if we were to put in austerity measures right now, it could affect the country in the wrong way. we ve seen from republicans in the house, where republicans generally, they don t want to be part of a plan that raises taxes at all.
there is a lot more spending including $476 billion for transportation projects, and $30 billion to modernize schools, and $30 billion to higher teachers and police and firefighters and today, $8 billion for community colleges. all noble ideas but wisconsin republican senator says we cannot afford one. guest: of thely, the senate will not take up a budget this year according to senator harry reid which is irresponsible. and i came off the floor of the senate trying to give the big picture. you are talking about the small items that will not come close to fixing the problem. and we need to center on the fact over the next 10 years, he is proposing spending $47 billion, taking the debt up to rather, trillion, trillion, trillion and proposing to take the debt even more and we
$476 billion for infrastructure. it will be built with union labor to union scale. $60 billion for teachers and first responders. that essentially goes towards the teachers and their unions. teachers are employed because the tax revenues that pension fund! let s go ahead and take a look at how the president plans to pay for it because obviously, we d like to know $1.5 trillion for new taxes on corporations and high income earners. wait a minute, i thought they weren t supposed to do that during bad times plus half a trillion in more cuts to the department of defense. look at the first line first. $1 1/2 trillion, new taxes on corporations. that s banks and oil companies, ok, unpopular targets, go get them. it s a tax and new tax on millionaires and it s bring back the old tax rates of those making $250,000 or more. tax the rich. why is there no discussion about entitlement spending? i mean, that seems to be the elephant in the room in this entire discussion and instead of m
class and where does he roll out that priority? the community college. transportation projects get 476 billion. research and development and unemployment insurance gets an extension. senate democrats haven t passed a budget in 1,000 days even though the law requires it. i intend to offer the president s budget for him so he gets a chance to get a vote. will a deal get done on the payroll tax extension? public more finger pointing than negotiating is getting done. last year we saw an awful lot of incidents where washington s dysfunction became part of the uncertainty and the problem in the economy. congress has a challenge from now until the end of february to
about. when they look at exactly what may have caused whitney houston s death, the autopsy is complete. the results are on hold. they re waiting for toxicology reports which they say could take up to eight weeks or longer. whitney houston was found in a bathtub at the beverly hilton hotel on saturday late afternoon. there were some reports that maybe she drowned an there are some sources who said it could have been a combination of drugs and alcohol. radar online is saying that police found prescription drugs in the room. lorazepam, a generic version of valium, xanax, valium. the coroner though is not commenting and says he will not comment until the toxicology results in in in roughly eight weeks. last night though the music industry honored whitney at the grammys. it opened with a prayer from the host, ll cool j. and although she is gone too soon, we remain truly blessed to have been touched by her beautiful spirit and to have her lasting legacy of music to cherish and sh