On the recordFebruary 14, 2012
Yes. Well, there was concern expressed on that train that the transportation bill advanced in this House falls grossly short of what's needed. And, you know, when you look at the many sectors of the infrastructure community, it's not just our traditional roads and bridges which require assistance. It's mass transit. It's rail. It's also telecommunications and it's energy. And it's water. So all of this infrastructure requires an investment. And how do we make up ground where we have underinvested in this area? Well, the President proposes a $10 billion infrastructure bank bill that will leverage government moneys and private sector moneys that will enable us to provide for the sorts of investments that are required. Now, investing in our transportation infrastructure has great merit. Many of us can cite those weaknesses out there. My district, in Montgomery County, lost 10 people when a bridge collapsed along the New York State Thruway. There are bridges around the country that need immediate attention. There are those situations where many believe we're going into a water economy in the next 10-20 years. If that's so, how are we treating that resource of water? Are we being the most efficient? And energy, if we're going to move into a creative, innovative arena for energy supplies and diversify our mix, we need to retrofit the grid system in order to make it all work, in order to incorporate these ideas.…
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