On the recordJanuary 26, 2011
The Federal Government is the only political subdivision without a capital budget.
Said by
Ed Rendell
Source
congress.govThe Federal Government is the only political subdivision without a capital budget.
Rendell criticizes the federal government's lack of a capital budget for infrastructure.
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This is not wasted money. Infrastructure is one of those things that gives us a future.
We haven't had a national plan since President Eisenhower built the Interstate Highway System.
We need to raise the gas tax. We need to adjust it for inflation on a yearly basis.
The cost of inaction --and the gentleman from the trucking industry talked about repairs and accidents to the trucks that come from bad roads and inadequate bridges.