Political Quotes

On the recordJune 10, 2016
They point out that the resolution fails to mention that the intent of the President's proposal is to generate resources to stabilize and grow Federal surface transportation investment. The resolution does not remind Members that the recurring Highway Trust Fund revenue shortfalls caused repeated disruptions to their States' transportation programs over the past eight years. We have had to have 14 temporary extensions of the Surface Transportation Act, and the only way we got the FAST Act passed, as my friend Congressman DeFazio pointed out, was with a series of budget gimmicks, not real solutions. At the end of 2020, when that legislation expires, we are going to face a $20 billion annual deficit. The per barrel oil tax of this magnitude, according to the Transportation Construction Coalition, would be a real and a permanent solution. We wouldn't be chasing our tails all the time. And its nexus to highway users as a revenue mechanism is far more honest than the budget gimmicks, deficit spending, and burdens placed on non- transportation sectors of the economy that Congress has deployed since 2008 to keep investment, essentially, static. They state that they believe all potential revenue options should be on the table, that it is incumbent upon anybody who wants to disagree with the President to bring forward an alternative way to meet the same objective, which, sadly, has not happened. We haven't even been able to discuss it in the Ways and Means Committee.…
Said by
Earl Blumenauer
Democratic · Oregon
Source
govinfo.gov
Jun 10, 2016

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