If we defeat the previous question, I will offer an amendment to the rule to bring up H.R. 3064, a comprehensive, 6-year surface transportation bill that is partially paid for by restricting U.S. companies from using so-called inversion to shirk their tax obligations. Mr. Speaker, I yield 3 minutes to the distinguished gentleman from Oregon (Mr. DeFazio), my good friend and the ranking member of the Committee on Transportation and Infrastructure, who will discuss our proposal. Mr. DeFAZIO. I thank the gentleman for yielding. As we have heard, a year ago today, the House passed a temporary extension of 1 year. Chairman Ryan of the Ways and Means Committee, who was supposed to figure out how to pay for this, said we will use this year to put the transportation highway trust fund on a sustainable path so we can avoid stopgap legislation in the future. Well, that didn't happen, but they were occupied with much more important things. For instance, they said that estates worth more than $10 million shouldn't pay a penny in taxes--none, zero. That cost $289 billion. If we had dedicated that to surface transportation, we could have basically doubled spending over 10 years. So today, the Democrats are here to offer a real, 6-year, long-term increase in investment in America's failing infrastructure. There are 140,000 bridges that need repair or replacement on the National Highway System.…
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I would advise the gentleman that I have no further speakers, and I too am prepared to close.
Would you be good enough to tell both sides how much time we have remaining. The SPEAKER pro tempore. The gentleman from Florida has 11\1/2\ minutes remaining. The gentleman from Georgia has 8\1/2\ minutes remaining.
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