Impact on jobs and the economy. This is just over an hour. Good afternoon. Welcome to the Heritage Foundation in our douglas and sara allison auditorium. We welcome to those on our cspan. Org for these occasions. We ask the courtesy that cell phones and other mobile devices have been silenced or turned off as we begin. For those watching online and here in house we remind everyone questions or comments can be sent at any time to speaker heritage. Org and post the program on the heritage home page for your future reference as well. Leading our discussion today is Michael Sergeant Research Associate in our thomas a. Rowe institute for Economic Policy studies an leads our efforts to formulate free market policies and overseas and schexamines infrastructure around the country. He is a regular contributor to the daily signal and his commentary featured in the boston post, washington herald and fox news. Please join me in welcoming michael. Good afternoon. Thanks for joining us at the Herita
That questions or comments about be sent at any time to speaker heritage. Org and of course, we will post the program on the heritage home page for your future reference as well. Leading our discussion today is michael sergeant, Whos Research society yat in our institute for Economic Policy studies. He leads our efforts to form late free market transportation and infrastructure. He oversees and watches and examines ur surface transportation aviation, waterways and other policy issues related to infrastructure around the country. He is a regular contributor to the daily cig nsignal and has bn the Washington Post, boston herald, houston chronicle, the hill and fox news. At least in terms of sheer lip service, infrastructure was one of the most prominent issues during the 2016 campaign. Both candidates addressed it as a way to deal with our crumbling roads and bridges and dilapidated airports. Now the new president is poised to offer a 1 trillion infrastructure plan and has the democrats
Time its turn at the podium. Im chris edwards. Editor of cato. Thanks for all you folks coming today. Infrastructure is certainly a priority issue for the new administration. President trump has repeatedly called for a trillion dollars infrastructure plan. We dont know exactly what that means. Does he mean a trillion dollars in new federal Government Spending or does he mean the plan put together by his advisors wilbur ross that called for a tax credit for new investment in infrastructure . Im not a fan of either of those approaches, so im hoping that the white house is open to different ideas on infrastructure reform such as the ideas that are panelists are going to be talking about today. Everyone agrees that America Needs to improve the efficiency of its infrastructure investment, trump has talked about deregulation as one way to reduce the cost of infrastructure. Hes talked about for example, reducing the cost of highway building so we would get more and better highways and so i th
Just in the last 30 minutes or so here as we see these stories unfold as the gang on power lunch talked about. You have not only conflicts brewing with north korea, triang gulated with china, but syria with russia. On the ground there in palm beach. Things growing by the hour here as we prepare for the summit between president xi and trump, yes . That is correct, and cannot be overstated, bill. We are watching as the first family descends the stairs at the airport nearby in west palm beach, arriving more than an hour after the chinese president and his wife arrived. Greeted by secretary of state tillerson. Interesting that the chinese president received by the secretary of state and not the president himself. Safe to say this is a tense relationship. Both sietsz ades prepared for a difficult meeting where potentially the chinese side comes with specific things it wants to see over the next four years while the trump team is said to look for tactical wins despite the fact that they have
Billed as a major tax announcement tomorrow. What we know now. Forget about china. America may face a trade war with canada, our second largest trading partner. What the president said moments ago about all this. Show of force. North korea celebrating it is military with a life fire artillery drill as u. S. Nuclear powered submarine standing at the ready. Melissa back to wall street. Major announcement on tax reform, driving the dow back above 21,000. The nasdaq to new highs. Go trait to lori rothman at new york stock exchange. Lori . Nasdaq for its part coloring at 6,000 for the first time ever. A day of records here. Those are some names making up the dow that also had huge days today, largely on earnings. I will go down the list quickly. Katrina turn around in sales of the bright yellow machines they make. Mcdonalds, extended breakfast helping drive mcdonalds shares 5 . Dupont, shares are up better than 3 1 2 . Goldman sachs with a gain of one 1 2 . Strengthens always a Broader Mark