Brian Higgins: “My two colleagues from Pennsylvania were very clear about the component parts of this plan and the good things that they…”

“My two colleagues from Pennsylvania were very clear about the component parts of this plan and the good things that they do for individuals, but they also do good things for our Nation as a whole. Madam Speaker, the conservative economist from Moody's Analytics, Mark Zandi, did an analysis of the 2017 corporate tax cut. He said that for every dollar that you gave away, you could expect to recapture 32 cents. That is a loss in investment of 67 percent. On infrastructure, the conservative economist says that for every dollar that you spend on infrastructure, you produce $1.60 in economic activity. The gain on investment on infrastructure is 60 percent. So it is beyond the bricks and mortar of infrastructure. It is also the good that that does for the growth in the economy. I would leave you with this: The oil age isn't going to end because we run out of oil. The oil age is going to end because we find a better way than the internal combustible engine, something that is quieter, cleaner, and eventually cheaper. And guess what? This bill, the Build Back Better, the infrastructure bill, has money to provide charging stations to facilitate the making and the using of electric vehicles, ending this Nation's addiction to foreign oil.”