STUART: WOULD'VE BEEN OPEN FOR
TWO HOURS IN THE MARKET HAS GONE
NOWHERE.
25,032.
THAT'S WHERE WE ARE.
OUR NEXT GUEST IS INTRODUCING
LEGISLATION THAT WOULD HALT
FEDERAL REGULATIONS ON I'M A
CHANGED IN EXCHANGE FOR A CARBON
TAX.
HOW DOES THAT WORK?
CARLOS CURBELO.
YOU ARE A FAVORITE GUEST ON THIS
PROGRAM.
A FREQUENT GUEST AND I ADMIRE
YOUR POINT OF VIEW.
WHERE ON EARTH IS A REPUBLICAN
COMING FROM PROPOSING A CARBON
TAX?
SEE MY GOOD MORNING.
GOOD TO BE WITH YOU.
WE ARE TRYING TO ACHIEVE A
NUMBER OF THINGS IN ONE BILL.
INFRASTRUCTURE INVESTMENT
EXTREMELY POPULAR AND SORELY
NEEDED IN OUR COUNTRY.
THIS BILL DEDICATES $700 BILLION
OF INFRASTRUCTURE FUNDING OVER
THE NEXT 10 YEARS.
COST OF CARBON EMISSIONS ONLY
PUT A PRICE ON CARBON.
THEN WE ALSO SUSPEND EPA
REGULATORY AUTHORITY TO PRODUCE
MITIGATING FOR THE EFFECTS.
WE SEE SEA LEVEL RISE IN
PHENOMENON.
NOT CLIMATE CHANGE.
THERE'S NO GETTING AROUND THAT.
>> THIS IS TAX REFORM IN THE
FACT THAT THE GAS TAX AND WERE
ALSO REPEALING AND RECOGNIZING
THAT THERE IS A COST OF CARBON
DIOXIDE.
SOMEWHERE ALONG THE LINE YOU'RE
TAXING THE.
>> NO QUESTION.
THAT'S RIGHT.
THE MODELING WE'VE SEEN IS THE
EFFECT ON GDP WILL BE MINIMAL
AND SOMETHING ELSE TO DO WITH
THE LEGISLATION AS WE RESERVE
10% OF THE REVENUES TO OFFSET
HIGHER ENERGY COST AND UTILITY
RATES FOR LOWER INCOME
HAVE?
>> IT'S VERY EARLY.
A NEW AND PIONEERING CON THAT.
WE ARE LOOKING FOR THE SOLUTION
THAT CAN BRIDGE THE PARTISAN GAP
THAT CAN HELP US INVEST IN
INFRASTRUCTURE.
THE ADMINISTRATION HAS MADE A
PROMISE THOSE AND WE KNOW THAT
OUR ECONOMY NEEDS A THINLY MADE
PROPERLY.
ALSO ADDRESS THE SERIOUS
ENVIRONMENTAL CONCERNS MANY OF
THE COST OF DOING NOTHING,
IGNORING LONG-TERM CHALLENGES
AND ENVIRONMENTAL CHALLENGES.
>> AT THE DON PRESIDENT TRUMP IS
A SKEPTIC ON CLIMATE CHANGE.
YOU DO KNOW THAT DON'T YOU.
WAY THE ADMINISTRATION WILL
DELIVER ON THE INFRASTRUCTURE
PRESIDENT TRUMP TRADING A BIG
WARNING THIS MORNING.
CONSEQUENCE OF THE LIKES OF
WHICH VIEW FEW THROUGHOUT
HISTORY HAVE EVER SUFFERED
BEFORE.
NO LONGER A COUNTRY THAT WILL
STAND FOR YOUR DEMENTED WORK OF
VIOLENCE AND DEATH.
HE CAUTIOUS.
THAT'S PRETTY STRONG STUFF.
ARE YOU BEHIND THE PRESIDENT ON
THIS?
>> I'M NOT A BIG FAN OF TWITTER
DIPLOMACY, BUT I AM A BIG FAN OF
HOLDING THE IRANIAN REGIME
ACCOUNTABLE.
BUT THE LONGTIME UNITED STATES
TRIED TO APPEASE IRAN, TRIED TO
NEGOTIATE WITH THEM.
WE DON'T THINK I GOT VERY FAR.
IRANIANS NEED TO KNOW THE UNITED
STATES IS PREPARED TO ACT IF
IRAN THREATENS ISRAEL AND OTHER
ALLIES IN THE MIDDLE EAST.
THEY ARE LED BY THE MULLAHS
WHOSE GOAL IS TO DESTROY OUR WAY
OF LIFE FROM ISRAEL'S ON THE
RECORD.
I DO SUPPORT HOLDING HIM
ACCOUNTABLE.
I'M NOT A HUGE FAN OF THE
TWITTER DIPLOMACY ARE CONDUCTING
FOREIGN POLICY ON TWITTER.
>> IRANIANS GET THE MESSAGE.
