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Rescue plan has available to help address crime and the root causes. for example, cities experiencing increase in gun violence are able to use the american rescue plan dollars to hire police officers needed for community policing and pay overtime. steve: isn t that curious? there is he talking about okay, a lot of my democratic friends have been talking about defunding the police. that has nothing to do with the surge in crime. but, we re going to take advantage of what is going on with the spike in crime and we are going to start sucking money out of the code fund to the tune of, as he just said right there. $3,450,000,000,000 to hire more cops. when you look at the number of cop shortages across the board. take a look new york cityve anns or reass that. in chicago, 560 retired in 2020. l.a., 140 resigned in 2020. portland, the number through the roof. same thing with minneapolis ....
And that is to ramrod through a rewrite of the tax laws that will profoundly affect goldman sachs. what does goldman sachs do as gary walks out the door? they hand him nearly a quarter of a billion dollars. it s a gift. they don t have to. is it legal bribery? i think of it as a pre-bribe. pre-bribe? yes. so then gary goes out and guess what he does. he writes a tax law and manages to help ramrod it through that benefits goldman sachs to the tune of, oh, a quarter of a billion dollars in the first go around. and then it s the gift that keeps on giving. what you re saying makes sense and we have such ripe targets i think people could understand what you re pointing to. but what does it mean for the democratic party if this was also how obama and clinton ran the treasury? would you be a fundamental break with that is the question. the problem i have written the biggest anticorruption bill since watergate. because we have a fundamental problem in washington. ....
Former and possibly future employer? let s just do for one second this gary cohn example. another goldman sachs. you remember. trump appoints gary cohn. he leaves goldman sachs. and gary cohn is going to have exactly one job. and that is to ramrod through a rewrite of the tax laws that will profoundly affect goldman sachs. what does goldman sachs do as gary walks out the door? they hand him nearly a quarter of a billion dollars. it s a gift. they don t have to. is it legal bribery? i think of it as a pre-bribe. pre-bribe? yes. so then gary goes out and guess what he does. he writes a tax law and manages to help ramrod it through that benefits goldman sachs to the tune of, oh, a quarter of a billion dollars in the first go around. and then it s the gift that keeps on giving. what you re saying makes sense and we have such ripe targets i think people could understand what you re pointing ....
Going to fix the problem, but it is the beginning of the process. it s the beginning of the process. again, taxpayers are going to pay for this wall to the tune of, what, $8 billion. or more. or more. that s a lot of money. again, do you really think mexico will reimburse u.s. taxpayers for the cost of that wall? i can t speak for the government of mexico. i can tell you that, you know, this is where the process begins. the good news here is we re dealing with it. i believe that our congress and the american people will guide the right decisions and the right direction. i know for a fact that the trump team is looking at this from a more holistic perspective. he s going to push it through the appropriations process, which means congress won t actually vote on it. how are the people getting their say if lawmakers aren t voting on the process? i get your point. but the good news here again is, a, we re dealing with it. two, i have to give credit for ....
A gallon. and that allowed motorists to save $550 a gallon over 2014. now to our three big money headlines for today. inflated rates go for broke and no strings attached. joining us now is the author of the book black market millions. why are home buyers now seeing a fallout from the fed hike just a few weeks ago? you remember that the fed said they were going to hike up short-term interest rates a couple of weeks ago, as you said, and people were not sure whether that would have an impact on mortgage rates. it has to the tune of .6%. it s the first time it s been ....