Political Quotes

“Okay. So the budget is going to be coming up, and that is the allocation of the $4 trillion that the Federal Government will spend. We will be spending it on education. We will be spending it on roads, on the military and the like. Let me just toss you some numbers for your consideration. Now, these are adjusted 2015 dollars, so we are keeping equal-value dollars. In 2007, the State Revolving Fund for Drinking Water, which Mr. Tonko talked about, had $957 million for that program. That goes to the States to repair their water systems. And it stayed around $900 million the next year. And then we had the stimulus bill in 2009, and we spent $3 billion. Then we went back down, $1.5 billion, $1 billion, $947 million, and we stayed somewhere in the range of $900 million through 2016. So that is the current year. And that is $863 million that we are spending this year on the State Revolving Fund. Keep in mind that it is estimated that we need $328 billion to repair all the pipes. Now, the President's budget has $1.2 billion for the coming year. He just introduced that today.”