Political Quotes

On the recordFebruary 9, 2004
We talk about job creation. Here it is actually taking place. This bill will be responsible for hundreds of thousands, if not millions, of jobs in this country--millions of jobs. For every $1 billion we spend in infrastructure, we create 47,000 jobs. In addition to those 47,000 jobs we will create spending $1 billion here, the spinoff of this, according to Senator Frist, the majority leader of the Senate, is $6.2 billion that flows from that. This bill is a win-win for everyone. I am at a loss as to why my friend from Arizona would come and try to throw this into the same pot as: Boy, we are spending too much money around here. This is like Medicare. It has nothing to do with that. These moneys come from the highway trust fund with the exception, which we have already acknowledged, that some moneys are coming from the reshuffling of taxes that are already in existence. There are no new taxes.
Said by
Harry Reid
Democratic · Nevada

Editor's note · Context

Discussing the job creation impact of an infrastructure bill.

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