On the recordFebruary 13, 2018
The tri-State entity comes up, in this case, as the gentleman said, 50 percent. But that is not good enough. He wants 20 percent Federal and 80 percent tri-State. It is a formula for a major disaster for America's infrastructure, because it is not just tunnels and Amtrak, it is water systems. It is repairing the Flint system, repairing the Chowchilla water system in California; it is the flood control. It goes on and on and on. Unless, of course, you happen to be a Wall Street investor, and you want to--well, let's say you want to build that tunnel. Well, the Federal Government will give you 80 percent. You come up with 20 percent. And by the way, what is going to be the cost to the commuter? So none of this makes much sense, except for one thing. Thankfully, the President, after a year plus, has come forward with a plan. We will work with that. We will take his bad plan, we will do a judo move on it, we will flip it, and then we will build a definite program for America. Let's call it a better deal for America, a better infrastructure plan. What do you think? Can we do that, Mr. Payne? I yield to the gentleman from New Jersey.
Source
govinfo.gov




