I commend my friend, the junior Senator from Oklahoma, Mr. Inhofe, for his steadfastness in attempting to move this most important bill that the Chair just reported. He has worked hard on this for months. This week he has worked hard on it. This has not been an easy week. I said many times before, as I said earlier speaking with the Democratic leader this morning, there is no other legislation we will consider this Congress that will do more for the American worker or have so great an impact on every facet of American life than the bill which was just reported by the Chair, the highway bill. Since coming to Congress, I have been so impressed with what infrastructure development does for the entire community. It provides jobs, but the social benefits are significant. For every $1 billion invested in infrastructure, it has been established, and we heard it many times, we create more than 47,000 high-paying jobs, skilled jobs that generate more than $6.2 billion of economic activity. Again, for every billion dollars spent on infrastructure development--for example, highway or transit--we create 47,000 jobs. But the spinoff for this $1 billion is $6.2 billion in economic activity. Even by conservative estimates, funding our Nation's infrastructure program at the $311 billion Bond-Reid level will create hundreds of thousands, if not millions, of jobs.
On the recordFebruary 6, 2004
Source
govinfo.govEditor's note · Context
Discussing the importance of the highway bill and its impact on American jobs and infrastructure.
Share
More from Harry Reid
Dec 28, 2021
If we have the will, we have the opportunity to improve the lives of millions of families and build something more prosperous for generations to come.
Oct 29, 2018
The Democratic Party, their vice chairman wears a T-shirt that says we're for open borders.
Dec 9, 2016
we have now three hours until 10 o'clock. I hope that during that period of time, people will do whatever they need to do to make sure they get anything they want in, whatever they are trying to get. The reason I say that is that we are…
Jun 27, 2022
The portraits of Senator Harry Reid and Senator Ted Stevens are the first additions to the leadership series since 2011.





