on their backs. if it could have been done without this affecting the middle class or least helping the middle class, one thing. you have spoken about corporate tax cuts in the past. not just me. i think the bush administration, others said, you can low are the corporate tax rate. let s take it from 35% to 28% or 25%, but not as a giveaway. by taking away tax expenditures for corporations and, in fact, president obama had a proposal where you d use the temporary money from major infrastructure build that would put people to work, and then you would not have increased the deficit, and you could use funds for the things that really matter for people. increasing health care. increasing free college. helping match people more with the skills they need to, to get jobs, and instead what they ve done is, they ve essentially, they re going to cost 13 million people their health care. then they re going to raise the deficit by $1.5 trillion.
and maybe just maybe, if you can get the right mix of federal and congressional action, you could see an infrastructure build in there that would really bring jobs. could you? to the tune of $70 billion to bail out the municipal? all right, ahead, a wide mix of reaction still pouring in after the president suggested punishing football players who don t stand for the national anthem. what happened on monday football and what is the president saying behind closed doors? what started as a passion. .has grown into an enterprise. that s why i switched to the spark cash card from capital one. now, i m earning unlimited 2% cash back on every purchase i make. everything. what s in your wallet?
are they now putting into position sort of cyber protection that do not create 15 single point of failure. you want a notification system to ensure this does not happen again. it s not good it happened. we have vulnerable infrastructure, but we got to learn like this because every city is going to be facing stuff like this. go ahead, bill. just tackling on what she said, there s a piece of this is awareness. the first piece is when americans talk about infrastructure, they think bridges, roads, dams, and i think in the next year as the congress considers whether they we should have an infrastructure build, one of the basic questions is antiquated cyber protection, not just in dallas, but in my world of national security, you got to know that countries, north korea, iran, et cetera, are looking at cyber vulnerabilities in the united states saying in the event of war, cyber will become an instrument of war.
process and try to take that process from a minimum of ten years down to one year. i say can t we make it four months? can we do out in four months? there is a certain logic to that but we ll be satisfied but it won t are any more than a year. so we have to build roads, we have to build highways. we re talking about a major infrastructure build of a trillion dollars perhaps more. when we have to do our jobs if we say we re giving to new york city hundreds of millions of dollars to build a road some place it doesn t help if they can t start because it s going to take 7 1/2 years to get the permit. have you a road there and you want to do it you have to get new permits for the type of asphalt, the kind of concrete you re going to use and there was a very large infrastructure build that was approved
new that is donald trump said in his speech to the joint session of congress. he s going to concentrate on tax cuts, concentrate on regulation pullbacks and concentrate on an infrastructure build. that s what wall street wanted to hear to suggest that companies are going to be more valuable and more profitable under a trump administration. no meat on the bones, but repeating what he said and getting through the speech without problems is what caused the market to rally. it s up 15% from the time donald trump was elected, stephenie? up 15%. maybe it will keep ripping or getting topee. steve, i start with you. what do you make of this? the reason the market had the rally yesterday was the speech was a brilliant speech, the best he s ever given. so, with that said to investors is this guy can get these things through. there won t be a mess up in the administration. he got credibility as president that night.