Political Quotes

“Mr. President, I rise in strong support of the Rebuild America Jobs Act. This bill is about jobs today and jobs tomorrow across the Nation and in my home State of Maryland. It also is about repairing our crumbling infrastructure. This bill does three things. First, it provides $50 billion for immediate transportation investments. It will provide formula funding and award competitive grants to our States for transportation infrastructure projects. This includes funding for our highways and bridges. It also includes our transit systems and passenger and freight networks as well as our aviation system and ports. Second, it provides $10 billion to establish a national infrastructure bank. This bank will leverage private and public capital to fund large infrastructure projects. These include not only transportation projects but also desperately needed water and sewer, and energy projects. The bank will provide direct loans and loan guarantees for projects of regional and national significance. I have been a strong proponent of establishing a national infrastructure bank for several years now going back to the original Dodd-Hagel legislation. I am now a cosponsor of Senators Kerry, Hutchison, and Warner's bill. Third, this bill pays for itself. It implements a surtax of less than 1 percent on those that make more than $1 million a year. This tax will begin in 2013.…”