Before we can invest, Jamie, we have got to make sure that there is a way to keep track of what we're investing. I think the congressman is worried that we could be pouring good money after bad if we go the route the president is suggesting. Others are just saying, when you talk about infrastructure, roads and bridges, everybody says, yes, mine has to be repaired, it has to be fixed.
But, invariably, that money doesn't go to your road, to your bridge, to your whatever. It just doesn't go there. And I think that's what we have got to get to the bottom of, don't we?
WEINSTEIN: Or it goes to the bridge to nowhere, which is not a worthy infrastructure project.
It's also interesting that the president didn't say how he was going to pay for these projects today. I think what he proposed was something in $21 billion in new funding to go with another $40 billion in other infrastructure funding that will come out in his budget.
And they keep saying, well, look -- wait until the April budget comes out and we will show you how it's funded. So it would be nice to see where the president is getting the money for the new infrastructure projects.
CAVUTO: Congressman, I don't want to switch gears too quickly, but we just got this in. This Alaska congressman, Don Young, has issued an apology for the "wetback" comment. You probably heard that. John Boehner told him to apologize and he did. And I'm quoting here: "I apologize for the insensitive term I used during an interview in Ketchikan, Alaska. There was no malice in my heart or intent to offend. It was a poor choice of words."
I think Congressman Young has done the right thing and -- in apologizing, and that it just teaches all of us a lesson about respecting each other. And I know Congressman Young. He's -- he's got a good heart, and I think that he realizes he misspoke, and he very wisely corrected the record.
CAVUTO: All right, guys. I want to thank you both.
We will keep on top of all of those developments.
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