On the recordNovember 21, 2019
Mr. President, I rise to present an amendment to this bill. My amendment is simple, and it reflects the kind of commonsense budgeting we ought to be doing in Washington. Today I offer the penny plan for infrastructure. This plan cuts one penny, 1 percent of all spending, and puts that money in a fund for infrastructure. My amendment would put about $12 billion per year into a fund to fix our roads and bridges. Every agency would still get 99 percent of the spending they got the previous year. Sure, they would need to trim some fat, but they would still be fine. A lot of businesses and organizations will tell you they have to cut much greater than 1 percent a year. I visited a business recently that in the downturn of 2008-2009 had to cut 30 percent of their expenditures. Business men and women in America are used to having to cut expenditures; government never does. Whether it is our highways or our bridges or our waterways, our infrastructure in America is falling behind. Everyone knows it, but like so many things, Washington can't figure out how to fix it, how to find the money to fix it. Politicians on both sides of the aisle talk about trillion-dollar infrastructure plans but offer no way to pay for it. My plan is much more modest, doesn't increase taxes, and doesn't increase our debt. The penny plan for infrastructure pays for it with money we have already allocated. To be clear, we do have the money. Washington just spends it in inappropriate ways.…
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