Robert Menendez actually said...

"The bottom line is, there is not enough potential profit in order for the private sector to come in."

"We should not lose sight of the fact that financing is not a replacement for funding."

"Does it make sense for the residents in one locality in New Jersey serviced by an investor-owned utility to not benefit from low-cost financing provided by tax-exempt bonds while residents of neighbor..."

"Yes. As noted, America's water infrastructure needs are increasing significantly and receiving increased attention."