we re also fixing what s called this has been the bane of driving me crazy when i was out of office the public service loan forgiveness program. this program forgives student loans to encourage those students who had those loans if they go into public service. think of the millions who are. public school teachers, local police officers, workers at local charities, members of the military and the national guard, and so many more. think of the folks who work for federal, state, local, governments keeping essential services going, responding to natural disasters, firefighters and cops, the program is designed so that if you serve in one of these jobs, you will be able to list those, accurately assess whether you do, and make your loan payments for ten years, even if it s not consecutive years your remaining balance will be forgiven. it s a great idea but the program is a mess. so inefficient and complicated too many people give up. think of a service member that defers their
bettingfield at our camera on the white house north lawn. hi, kate. hi, how are you? i m good. thank you for being with us on day that is important to the white house, a day important to the president. i don t know if you had a chance to hear some of ellison s reporting my colleague out with borrowers but one described to her that though feel this is kind of a band aide right now and want to go further and see the white house do even more. what is your message to folks on that end of the spectrum who think this simply isn t enough? well, i would say look at what this is going to do for families across the country. this is going to be a massive, massive amount of breathing room for people who are currently under student debt that s preventing them from doing things like buying a house or starting a business. this is giving breathing room to the middle class to people who are going to use it both to make their family stronger and more secure and it s also going to contribute to the
people. and i think donald trump will fix those structural problems. there is no question. and the proof i have is that carrier was offered similar incentive bis the state of indiana. they didn t take it because they didn t believe in the philosophy behind president obama but they believe in the philosophy behind donald trump or or they are scared of president donald trump who s going to control the defense budget of which a vast majority of united technologies business comes from. you are going to look at what, $68 million versus i don t know how many tens of billions at stake here. so that makes sense. totally makes sense. in business what you call a lost leader. you expend money knowing you are going to lose money knowing eventually that is going to help you make a lot more money. the argument at carrier right now is really the divide in america at in point. and here in new york as we re sitting around these tables we re talking about how a band aide right now in a macro sen