Political Quotes

“Mr. Chairman, the continuing resolution under consideration today includes very dangerous cuts to key transportation programs. This is exactly the wrong thing to do if we want to reduce unemployment, create jobs, and grow the economy. In a survey released by the American Public Transportation Association, 80 percent of private sector businesses surveyed indicated that the level of Federal investment in public transportation has a large influence on their business revenue. For example, every $10 million in capital investment in public transportation yields $30 million, three times, in increased business sales. The Texas Transportation Institute's ``2010 Urban Mobility Report'' shows that worsening road congestion across the Nation, $134 billion, $134 billion a year costs in loss productivity. And when it comes to transit alone, every $1 billion invested creates or supports 36,000 jobs. Despite the clear link between transportation funding and economic recovery, this continuing resolution cuts billions for transit, high- speed railroads, and other key infrastructure projects. The CR cuts over $8 billion from current infrastructure formula programs and already-awarded projects, resulting in the loss of over 280,000 jobs from the current budget funding levels.…”