On the recordMarch 12, 2013
And you look at what our top competitors are spending as a percentage of their GDP. I think we're at 1 percent of our GDP that we spend on infrastructure. It maybe went up to 2 during this recovery package. But if you look at India and China, it's 7 or 8 percent of their GDP. Now, granted, they're still developing in so many different ways. But for us to be at 1 and they're at 6, 7 or 8, how are we going to be able to keep up when our infrastructure is so much older? It's time to rebuild America. And I don't know anybody in my district, Democrat or Republican, who's really not for that. I've had Republican friends of mine have the light bulb go off and they say, Wait a minute. We're going to have to do this at some point. And we've got a high unemployment rate and we've got low interest rates. This doesn't make any sense to put it off.
Source
govinfo.gov




