American taxpayers should not foot the bill for infrastructure improvements around the country, the new White House chief of staff said recently.
“I don’t think raising the taxes on the American people right now is the way to go at this point of our economy,” William M. Daley told Bob Schieffer of CBS’s “Face the Nation” Sunday.
Daley, a former Wall Street executive who opposed two of President Obama’s major initiatives, said that investment for US infrastructure could instead come from private sources both foreign and domestic.
“That’s a creative way to move forward,” he said.
Daley continued, “Reality is, as certain people in the Republican Party have said, there’s no way they are going to look for revenue raising in any way, shape, or form. It obviously puts an enormous constraint on the budget and the deficit.”
When asked about the Republicans’ proposed $55 billion cut from the federal budget, Daley said that he has yet to see from where the cuts would come.
“Where’s the beef?” he replied.
Daley noted that Obama has already called for a domestic spending freeze amounting to $400 billion over 10 years. Then-candidate Obama, however, campaigned in 2008 against a spending freeze proposal.
Earlier this month, Daley replaced interim chief of staff Pete Rouse, who in turn took over from Rahm Emanuel.
The White House will unveil its proposed federal budget in two weeks.
“We got in this hole over many years,” Daley told Bob Schieffer. “No business, when they get in trouble, just cuts and has much of a business when the cycle comes back.”
This video is from CBS’s Face The Nation, broadcast Jan. 30, 2011, snipped via Mediaite.
A closer look at Trump COVID contractors reveals inexperience, fraud accusations and a weapons dealer operating out of someone’s house
A firm set up by a former telemarketer who once settled federal fraud charges for $2.7 million. A vodka distributor accused in a pending lawsuit of overstating its projected sales. An aspiring weapons dealer operating out of a single-family home.
These three privately held companies are part of the new medical supply chain, offered a total of almost $74 million by the federal government to find and rapidly deliver vital protective equipment and COVID-19 testing supplies across the U.S. While there’s no evidence that they obtained their deals through political connections, none of the three had to bid against competing firms. One has already lost its contract for lack of performance; it’s unclear if the other two can fulfill their orders on time, or at all.
CNN’s John King astonished Trump keeps tweeting things that would get anyone else ‘fired in a snap’
CNN's John King on Wednesday expressed shock that no one has been able to convince President Donald Trump to stop tweeting unfounded conspiracy theories about MSNBC host Joe Scarborough murdering a staffer 20 years ago.
During an interview with David Gergen, King said it was particularly jarring to see Trump, in the middle of a pandemic that has killed 100,000 Americans, to be tweeting things that "if I tweeted them, we would be fired in a snap."
Gergen then looked back at how past presidents have handled tragedies, and he said Trump pales in comparison to all of them.
"This should be a week of national mourning, to have 100,000 deaths, the number we'll reach in the next two or three days, and the country is saddened by that," he said. "Traditionally, presidents bring us together for occasions like this. They brought comfort, they met privately with the families of the victims and cheered people up... and here now, we have completely the opposite. It's very, very sad."
The View’s Meghan McCain calls for cops to be charged for ‘blatant murder’ of George Floyd
"The View" co-host Meghan McCain called for charges against the Minneapolis police officers over the fatal arrest of George Floyd.
The four officers lost their jobs over the death, which prompted widespread protests that were met with tear gas and other violent tactics from police.
"There was huge amounts of protesters that took to the streets last night, and I think people are sitting in their homes and seeing what is blatantly a murder of a man on camera, and George Floyd, I watched the entire video," McCain said. "I know we didn't want to show the entire thing, but it's very graphic. It's very violent."