On the recordMarch 15, 2011
Mr. Tonko, if I could just pick up on one of the issues you raised, which is the ways in which we spend our money. Now, we all pay gasoline tax. Right now, it seems as though we are being taxed by the oil companies an extra 50 cents or $1 because the price of gasoline is way up there, but actually the Federal tax on gasoline is about 18.5 cents and on diesel some 25 cents. That money is used to build our infrastructure, our streets, our roads, the interstate highway system, as well as trains, buses, and the like. The question is, where do we spend that money? Now, previously we would spend that money on buses that were made overseas. We would spend that money on trains and light rail cars that were made overseas. But our agenda here is to bring it home to America. If it is our tax money, we want that money to be spent on things that are made in America. Let me give you a couple of examples on transportation. Buses: Are they made in America? Our tax money, is it being used to purchase buses that are made in America? It can be. I have a bill that I have introduced that says if it is our tax money, it is going to be spent on American-made equipment. It happens to be the exact same policy that China is following, and it is a good policy. You have talked about solar and you have talked about wind, the energy future of tomorrow.…
Source
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