Jim Inhofe: “To cut this short, the Department of Transportation recently estimated that for every $1 million invested in highways…”

“To cut this short, the Department of Transportation recently estimated that for every $1 million invested in highways and bridges, 27,800 jobs were created, and the last jobless numbers show that 899,000 construction workers have lost their jobs. If you do the math and take both these amendments, had they been adopted, it would have provided over 4 million jobs. This is the number President Obama has talked about doing. Again, it should not have been defeated, but it was right down party lines. We have had several amendments. Senator McCain had probably the best one because it substituted reducing payroll taxes, lowering marginal rates, lowering corporate rates, offering accelerated depreciation for small business. This is exactly what Presidents Kennedy and Reagan did. On this amendment, all the Republicans voted for it and all the Democrats voted against it.”