We need common sense in Washington, and unfortunately there is too little of it at this time. That's why I decided to sign on and be a primary cosponsor of this bill, the Surface Transportation Savings Act of 2010. The bill will lead to real savings and real deficit reduction, and we need to fight for that at this very difficult time in our country. As has been said, the Surface Transportation Savings Act of 2010 reduces the contract authority that is currently available for certain highway safety and transit programs by $107 million. Let me say that again, $107 million. That's real money. While this may not, in and of itself, directly reduce outlays this current fiscal year, it takes $107 million off the table so that it cannot be used to increase spending in the future.
Mark Schauer: “We need common sense in Washington, and unfortunately there is too little of it at this time. That's why I decided to…”
Editor's note · Context
The speaker discusses the importance of the Surface Transportation Savings Act of 2010 for deficit reduction.
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