If we're going to have debt, let's get something in return on the investment.
Ed Rendell
The Public Record
The way we are doing high speed rail right now in America will amount to nothing.
We should not fly airplanes on any flight less than 500 miles. It should be high speed rail.
We will not come up with the money for a project like this without private sector involvement.
On the debt issue, we've run up a lot of debt very recently and gotten very little for it.
President Obama, as Congressman Rahall said, deserves credit as the first American president to put significant dollars into passenger rail; over 10 and a half billion dollars distributed in the last 18 months.
The number of jobs will grow, two and a half million new jobs if we do this corridor project correctly.
The Federal Government is the only political subdivision without a capital budget.
We have a bipartisan coalition Ed and Arnold put together, called Building America's Future.
There is no question that now is the time to invest in our infrastructure to take advantage of the very low interest rates as well as the low bids cities and States are receiving on their construction projects.