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NEIL: ALL RIGHT YOU HEARD A GOOD
MIGHT, MIGHT BE HAVING COMMON
GROUND ON FORMING AN TREATMENT
THAT WILL SET THE STAGE ON OTHER
AGREEMENTS, LET'S SAY ON
INFRASTRUCTURE.
THE PRESIDENT ALSO HINTED
YESTERDAY HE WANTS TO SHOWCASE
THAT IN HIS STATE OF THE UNION
ADDRESS NEXT WEEK.
HE WAS TALKING APPARENTLY NORTH
OF A TRILLION DOLLARS OVER 10
YEARS.
$1.7 TRILLION, WHEN SOME
REPORTERS PUSHING HIM FOR FIRM
FIGURES.
DEVELOPMENT SECRETARY UNDER ONE
PRESIDENT BILL CLINTON,
HENNESSEY CISNEROS.
GOOD TO HAVE YOU BACK.
1.7 TRILLION.
YOU GUYS BACK IN THE CLINTON
DAYS ADVOCATING THAT THESE ARE
SOME LONG TERM ISSUES WE SHOULD
BE ADDRESSING.
HOW DO YOU PAY FOR THAT?
>> I THINK THE EXPECTATION IS
PROBABLY A TRILLION, WHAT I HAVE
SEEN MORE MONTHS ABOUT
200 BILLION OF ACTUAL FEDERAL
DOLLARS.
SO THE FEDERAL TAB IS NOT THAT
GREAT.
IT IS 200 BILLION.
NEIL: MATCHING PRIVATE?
>> MATCHING EFFORTS TO BRING
PRIVATE CAPITAL AND ALSO PUBLIC
CAPITAL.
HOW DO YOU INDUCE THAT?
WELL, THINGS LIKE BRINGING
PENSION, CAPITAL, FOR EXAMPLE,
TO BUILDING INFRASTRUCTURE,
RATIONALIZING AT LOWER LEVEL IN
TERMS OF PERMITS AND EXPEDITING
THE WORK.
IDENTIFYING THOSE THINGS WITH
MONETIZED RETURNS.
AND LANDING FEES.
WE CAN DO A LOT OF IT ON THE
PRIVATE SIDE.
THE UNITED STATES IS BEHIND THE
REST OF THE WORLD BRINGING
PRIVATE CAPITAL TO PUBLIC
INFRASTRUCTURE.
NEIL: THE PRIVATE MONEY WANTS TO
SEE THE PUBLIC MONEY DO
SOMETHING FIRST, HIGHER GAS
TAXES.
DO YOU AGREE WITH THAT?
>> YES.
THAT IS PART OF THE PROCESS
MONETIZING WHAT PEOPLE USE LIKE
ROADS AND LIKE TOLL ROADS AND
BIPARTISAN AGREEMENT.
NEIL: IT SHOULD BE, I HAD SHUT
BE, RIGHT, BUT THEY DON'T DO
MUCH BIPARTISAN.
>> SOMEONE ASKED ME WHAT WILL IT
TAKE TO MAKE THIS BIPARTISAN AND
I THINK THERE ARE SOME THINGS
SHOULD BE LOOKING FOR.
ARE RURAL AREAS ARE INCLUDED FOR
EXAMPLE?
IF THE ADMINISTRATION ONLY PUTS
IN INCENTIVES TO LARGE PRIVATE
CAPITAL SO YOU GET JUDGED ON A
PROJECT BASICALLY HOW MUCH
PRIVATE CAPITAL CAN YOU BRING,
RURAL AREAS AREAS WITH REAL
NEEDS THAT ARE POOR ARE NOT
GOING BE ABLE TO PLAY.
SO I AM VERY IMPRESSED, AND
THERE ARE LEAKS FOR WHAT THE
ADMINISTRATION PLAN WILL LOOK
LIKE LIKES LIKE THEY THOUGHT
THAT THREW.
MORE TRADITIONAL PROGRAMS GRANT
ORIENTED FOR THE FLINT WATER
SYSTEM.
NEIL: WHAT ABOUT, EVEN AFTER
THIS WHOLE IMMIGRATION BACK AND
FORTH, WHY DO YOU THINK CHUCK
SCHUMER HANDLED THAT.
>> LET ME FINISH THAT POINT IF I
MAY.
I'M IMPRESSED THAT THE
ADMINISTRATION HAS THOUGHT THIS
THROUGH.
GARY COHN, AND THE GROUP,
PLACE A LOT OF THINGS DEMOCRATS
CAN WORK WITH.
WORK ON INFRASTRUCTURE AFTER THE
WHOLE IMMIGRATION --
>> MEMORIES ARE SHORT IN
WASHINGTON.
YOU HAVE A DOUGH FEET TODAY.
THEN YOU GO OUT AND WIN
HAVE A SHORT MEMORY FOR THE
DEFEAT BECAUSE YOU WILL PLAY
ANOTHER GAME NEXT SUNDAY.
CHUCK SCHUMER WILL BE A FORCE IN
THE LONG HAUL.
NEIL: WE DON'T HAVE SHORT TERM.
THE PATRIOTS.
NEIL: LET ME ASK YOU THIS.
ABOUT WHERE THE IMMIGRATION
STUFF GOES.
THEY DO SEEM TO HAVE MIDDLE
GROUND HERE BUT WHEN PEOPLE LIKE
JOE MANCHIN ARE OPEN TO CONSIDER
A WALL OR PART OF A WALL, YOU
KNOW, SHOULD CHUCK SCHUMER
REVISIT THAT?
HE TOOK IT OFF THE TABLE AFTER
PUTTING IT ON.
>> HE TOOK IT OFF THE TABLE TO
NEGOTIATE.
NEIL: RIGHT.
>> LOOK, WE HAVE 700,000 HUMAN
BEINGS WHO REALLY, BY ALL
RIGHTS, NEED TO BE IN THE
COUNTRY, DESERVE TO BE IN THE
COUNTRY.
WE GOT TO FIX THAT PROBLEM.
AND SOME OF THE MOST STAUNCH
ADVOCATES OF IMMIGRATION REFORM
AND THE "DREAMERS" SAY LOOK, IF
WHAT IT TAKES IS SOME MOVEMENT
TOWARD WHAT THE PRESIDENT WANTS
ON THE WALL, THEN THAT IS THE
PRICE FOR DEALING WITH THOSE
700,000.
VULNERABLE TO DEPORTATION T.
IT WOULD BE A HUMAN TRAGEDY.
SHUTTING DOWN THE GOVERNMENT IS
WHOLE DIFFERENT THING.
HE WASN'T ONE THAT DID IT.
IT WAS NOT HIS PLAN.
NEIL: WE'LL GO BACK AND FORTH ON
THAT.
EVERYTHING IS ON FIRE.
BILL CLINTON WAS LOATHE TO DO
THAT, AT LEAST QUOTE THE MARKETS
AS MUCH BECAUSE TO PARAPHRASE
HIM, MUCH LIKE RONALD REAGAN,
YOU DON'T WANT TO BE CAUGHT IN
>> BILL CLINTON PRESIDED OVER
UNEMPLOYMENT RATES DROP,
BUSINESS FORMATIONS RISE,
INCOMES RISE.
IT WAS A VERY EFFECTIVE
EXPANSION.
THIS ONE IS A LONG EXPANSION
AND, PEOPLE WHO ARE FAIR GIVE
PRESIDENT OBAMA DUE CREDIT FOR
GETTING THE ECONOMY UP FROM THE
RECESSION, AND NOW PRESIDENT
TRUMP IS ABLE TO PRESIDE OVER A
ECONOMIC BOOM AND I THINK --
NEIL: BUT THE LAST YEAR, DO YOU
GIVE PRESIDENT ANY CREDIT?
>> I DO.
I DO.
NEIL: WOULD WE HAVE THAT IF
THIS WITH HILLARY CLINTON
ELECTED, I THINK TALK OF
DEREGULATORY ENVIRONMENT AND TAX
REFORM HAS MANY THINGS THAT
APPEAL TO BUSINESS.
WE'LL SEE GROWTH AS A RESULT OF
THAT.
NEIL: ARE YOU SURPRISED NUMBER
OF COMPANIES, BETTER THAN THREE
GETTING BONUS CHECKS AND STOCK?
>> I AM A LITTLE SURPRISED.
I AM A LITTLE SURPRISED?
NEIL: DO YOU THINK DEMOCRATS
THAT VOTED AGAINST THAT EVERYONE
OF THEM, WILL REGRET THAT.
>> I'M SURPRISED COMPANIES
AGGRESSIVELY RAISING WAGES AND
SUCH BUT IN ORDINARY TIMES THEY
WOULDN'T HAVE DONE THAT AND
SCRUTINY AND DEBATE OVER TAX
REFORM MANY ARE INCLINED TO SAY
WE ARE WANTING TO SHOW WE'RE
PRO-WORKER, PRO-GROWTH,
PRO-MIDDLE CLASS, PRO-FAMILY
BUDGETS.
NEIL: ARE YOU THINKINGING THIS W
NEIL: ARE YOU THINKINGING THIS L
LOOK TOO GOOD FOR REPUBLICANS IN
NOVEMBER?
>> NOBODY IS WORRIED ABOUT
NEIL: YOU THINK SO.
THAT CONTRIBUTES TO THE
POLITICAL DEBATE.
WHETHER IT IS RUSSIA PROBE OR
WHETHER IT'S ISSUES RELATED TO
IMMIGRATION, THERE ARE SOME
THINGS ON THE TABLE THAT ARE
WE'RE NOT GOING TO KNOW THE
RESULTS OF THE ELECTION IN
NOVEMBER UNTIL THAT NIGHT.
NEIL: YOU KNOW, I ACTUALLY THINK
YOU'RE ABSOLUTELY RIGHT ABOUT
THAT HENRY SIS NARROWS, FORMER