We have seen a considerable number of technologies in which American ingenuity invented the technology, but foreign countries took advantage of the development phase.
Sheldon Whitehouse
The Public Record
Sheldon Whitehouse is a United States Senator from Rhode Island, serving since January 4, 2007. A member of the Democratic Party, Whitehouse has focused on a range of issues including environmental protection, healthcare reform, and campaign finance reform. He has been a vocal advocate for addressing climate change and has worked to promote policies aimed at reducing carbon emissions and protecting natural resources. Whitehouse has also been involved in efforts to reform the political campaign finance system, emphasizing the need for transparency and accountability in political donations.
Our budget does not really reflect in any way that I can find the infrastructure deficit that we have.
It would be a human tragedy to do so, and we can avoid it if we are responsible about delivery system reform in the time that we now have.
In the economic race to remain dominant in this emerging and fast growing international market, there are actually two races we need to win.
The personal cost of these foreclosures really comes home to roost on people in ways that are agonizing.
Isn't it advisable to try to move through that uncertainty as quickly as possible?
I could not agree with you more, and I think that we have a window of time... The fiscal knives do not have to come out in the kind of emergency ways that you are suggesting they will have to if we do not get ahead of this.
The theory is true, but the politics around it make it hard to adhere to the discipline.
I happen to believe that very, very significant savings can be achieved that way.
We all know that very often maintenance projects are cheaper done early rather than when they are left to further erode and degrade.
But don't we have, in effect, a capital liability to fix that bridge, that if we were accounting in a full kind of all-in way, we would recognize some way?
Although the efficiency of the American bankruptcy system has been one of the great assets of our economy.
It applies to every single type of debt, including debts that the banks hold, except for one kind, and that is the poor residential mortgage holder.
I have to say that my single greatest reservation about it is that I worry that it will be populated with a lot of people who are fiscal, economic brilliant people but who don't really have the specialized sense of how delivery system…
I think your points about having a proper capital budget are essentially right. We should do that.
Rhode Island could not be more delighted to have obtained $22 million for the Quonset project.
We face twin problems: a dire need for jobs... and a fiscal problem that is looming toward us.





