good, congressman, but you can t guarantee the money being ail located now through the various systems, whether locally, by state or the federal government, is going to its intended purpose they said the same thing about social security. the fund was raided. city council you re you re talk can about doubling the gas tax and agent acting like it s no big deal. didn t say it is no big deal. it is a big deal. it s very important. the ability to fund transportation because we have not raised the gas tax in 20 years. you can t allocate the money you can. along at your communities in terms of bridge construction and maintenance. you can look how it is spent. it s available. listen to the business people from the u.s. chamber. from the contractors. listen to local government
that s right. that what happen ode americans have been doing what you want and taking this money to do something that is a merit d we want to make sure the bridges don t follow down. how can we make sure there s a lock box that will do for infrastructure repair what you say it will? the transportation funding is allocated under the highway bill. it goes for roads, bridges, transits, 20% set aside set up under president reagan, these moneys have not kept pace with inflation. there are demands and you go in cincinnati, they want to replace the bridge. there s a concern in my community to take a bridge that is 100 years old across the crumb columbia river between vancouver and portland. we have a big space of transportation funding in the late 50s, 60s and 70s. i know your intentions are
there s some part is going to come out hurt, and this particular caves it was the unions, but it s not the first time, right? in the case of the private companies we can go back to the days of steel and bethlehem steel and companies that made generous promises and pensions, ultimately the companies folded, the pensioners were paid pennies on the dollar. so it hayes happened. it has happened to the private sector. auto bailout kind of skewed that a little bit maybe gave hope to some of the unions maybe there would be a new way of doing things but you cannot keep it going. detroit this was an amazing gift for detroit, for the citizens of detroit, not to take every little nickel they have to pay off pensions and be in this death cycle. they were in a death. they get a chance to the word was used, a clean slate. get a chance at the clean slate. the people that live there have the opportunity to take the money as it comes in and rebuild the city, rather than paying off past li
telegraphed it as the day kind of went on before he issued the final ruling. the city manager, kev-in orr, said, i don t like it but it comes down to dollars and cents and there just aren t enough of either. we re trying to be very thoughtful, measured, and humane, about what we have to do. what i can tell them is that the reality is, there s not enough money to address the situation, no matter what we do. that is clear. reporter: and that s the bottom line, i think, on this, neil. there are no winners here. going to appeal. the judge says he will not stay his ruling pending appeal. this thing is going forward. it s unclear, though, how much of a haircut the pensioners will have to take. that is yesterday to be decided and the judge says it s going to be as fair as it can be, whatever it is. jeff in detroit, thank you. this opportunity today gives us a chance, i think to move
you that independent studies from business, from republicans you have no idea. you have no idea, do you? you have no idea. i think you don t have you purposely don t have an idea. i cover this a lot and i get the same answer. thanks for you time. and maybe it s because you re just wrong, neil. the money didn t disappear. some places you d like it spent differently, there are things i d like to do better that was transportation money. transportation money, going to transportation. i m just talking about transportation money. god bless you. always a pleasure, neil. wish i could say the same thing. we ll have more after this. and ah, so you can see like right here i can just. you know, check my policy here, add a car, ah speak to customer rvice, check on a claim.you know, all with the ah, tap of my geico app. oh, that s so cool. well, i would disagree with you but, ah, that would make me a liar. no dude, you re on the jumbotron!