Sean Patrick Maloney: “I am truly displeased to have to rise in opposition to this bill. As the managers have stated, this legislation carries…”

“I am truly displeased to have to rise in opposition to this bill. As the managers have stated, this legislation carries great importance for the transportation funding needs for the country going into the future. Nowhere is there a greater need for basic improvements in the transportation infrastructure than in the State of New York. The New York City region is operating with a transit network laid out in the 1930's, one that desperately needs to be modernized to serve the needs of a 21st century metropolis that is one of America's major assets in competing in the global economy. Unfortunately, this bill fails to provide adequate funding for two desperately needed projects in New York and rescinds funding for another important project. This continues a trend that the great Senator from New York, Daniel Patrick Moynihan, has documented for many years in his Fisc Reports, of New York State losing out on its share of Federal money. Mr. Chairman, the entire country knows that the benefits of the new economy have spurred a revival of New York in the last decade.”