Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. The Founding Fathers did not believe that the Federal Government should try to solve every problem in the country. Instead, they believed that local problems should have local solutions. This system of federalism became the bedrock of the Constitution. One particular aspect of our federalist system is found in the Compact Clause of the Constitution. The clause recognizes agreements or contracts that States make among themselves, with congressional approval when necessary. Today, there are approximately 200 active interstate compacts addressing a variety of issues that range from environmental and energy policy to natural resources to traffic and transportation. Rather than wait for a one-size-fits-all program from Washington, D.C., the Constitution allows States to solve these kinds of problems for themselves. In 1949, Missouri and Illinois formed a compact to create the Bi- State Development Agency. The agency's mission is to facilitate and coordinate economic and infrastructure development in the St. Louis metropolitan area. Among other projects, the agency runs the public transportation system in St. Louis. The agency does not have taxing authority, but it may issue bonds. For example, in the 1960s, the agency sold bonds to finance construction of the tram to the top of the Gateway Arch, which it operates today. The compact allows the agency to sell 30-year bonds.…”