airports, bridges, crumbling infrastructure, DeFazio, environment, essential infrastructure, Federal Funding, harbors, high-speed internet, infrastructure, investment, labor law, ports, privatization, Roads, Schools, transit systems, Trump, Wall Street
“DEFAZIO: TRUMP INFRASTRUCTURE PROPOSAL A SCAM, FAILS TO ADDRESS CRITICAL INFRASTRUCTURE NEEDS
Feb 12, 2018 Press Release
Today, Ranking Member of the House Committee on Transportation and Infrastructure Peter DeFazio (D-OR) released the following response to the release of President Donald Trump’s infrastructure proposal:
“For more than a year, we have been hearing from President Trump about a big, beautiful infrastructure proposal. Now, it turns out President Trump’s plan is embarrassingly small. President Trump’s plan slashes real Federal investments and shifts the burden to cash-strapped States and local governments. It would cut more than $168 billion from existing transportation and infrastructure programs to pay for Wall Street and foreign investors to toll our roads, and it would gut bedrock environmental, clean water, and clean air protections under the guise of speeding up projects.
“This is not a real infrastructure plan—it is simply another scam, an attempt to sell our nation’s infrastructure and create windfall profit for Wall Street while rolling back environmental protections.
Democrats propose A Better Deal to Rebuild America – an infrastructure plan that is five times bigger than President Trump’s proposal. This proposal provides $1 trillion in Federal funding to rebuild our crumbling roads, bridges, transit systems, ports, harbors, airports and schools, extend high-speed internet to every family in America and put more than 16 million people to work.
“If we want to put America back to work, get America moving again, and make us more competitive in the world economy, we must strengthen the Federal commitment to our national transportation network by providing sustainable, long-term funding. I urge President Trump to work with Democrats to find sustainable solutions, rather than sell off our valuable infrastructure to the lowest bidder.”
BACKGROUND ON THE TRUMP TRANSPORTATION PLAN
* Doesn’t increase investment in our Nation’s infrastructure;
* shrinks Federal support and devolves responsibility for our Nation’s essential infrastructure to States and local governments;
* reduces access to Federal funding for urban and suburban areas;
* gives private entities access to scarce government funding;
* creates incentives to privatize infrastructure (e.g., authorizing States to toll all Interstate highways and privatize rest areas); and
* rolls back labor laws (e.g., Davis-Bacon Act), Buy America, environmental protections, and opportunities for diverse, small businesses to participate.
The Trump plan must be considered in the larger context of the President’s Fiscal Year 2019 Budget, which proposes to cut more than $168 billion of Federal highway, transit, Amtrak, and water infrastructure funding over the next 10 years, and privatize our air traffic control system, which will increase the deficit by $50 billion more. White House staff have suggested that cuts to Amtrak and public transit investment are intended to provide some of the budgetary offsets for the Trump infrastructure plan.
Therefore, the Trump plan, coupled with the President’s Budget, amounts to, little, if any, new Federal transportation and water infrastructure investment.
Trump wants to make us bond servants to foreign countries, too:
“Blackstone, Saudi’s PIF plan $40 billion infrastructure investment fund Posted:Sat, 20 May 2017 12:19:02 -0400 RIYADH (Reuters) – U.S. private equity firm Blackstone and Saudi Arabia’s main sovereign wealth fund said on Saturday they planned to create a $40 billion vehicle to invest in infrastructure projects, mainly in the United States“. http://feeds.reuters.com/~r/reuters/businessNews/~3/ZCQMU2yGfFE/us-usa-trump-saudi-blackstone-group-idUSKCN18G0OW
The infrastructure investment would be by the Saudi government, i.e. PIF – Sovereign Wealth Fund.
“UPDATE 3-U.S., Saudi firms sign tens of billions of dollars of deals as Trump visits Posted:Sat, 20 May 2017 14:22:03 -0400 * Deals range from healthcare to oil and military procurement (Adds announcement of tech, infrastructure funds)” http://feeds.reuters.com/~r/reuters/companyNews/~3/WfMKBxhpV0k/saudi-usa-trump-deals-idUSL8N1IM06C
“May 22, 2019
Chair DeFazio Statement on Second White House Infrastructure Meeting
*Watch a Video Statement Here*https://youtu.be/-D3lrZdOEPE
Washington, DC—Chair of the House Committee on Transportation and Infrastructure Peter DeFazio (D-OR) released the following statement after his meeting with President Trump and Congressional leaders at the White House.
“We have an infrastructure crisis in this country that will only be resolved when President Trump agrees to put partisan politics aside and get serious about investing in our Nation’s crumbling roads, bridges, transit systems, harbors, airports, wastewater systems, and more. After our initial meeting at the White House several weeks back, I was hopeful we were seeing the first signs of political courage that is so badly needed to make progress and turn a campaign trail talking point into real action. It’s disappointing that today the President and his team walked back from both the $2 trillion proposal and from showing leadership on how to pay for the package.
“Despite the disappointing outcome of today’s meeting, I remain committed to working in a bipartisan manner to move our infrastructure into the 21st Century, because the cost of inaction is too great. Even if a transformative deal with the White House remains elusive in the near term, I will continue to use my position as Chair of the House Committee on Transportation and Infrastructure to work with Republicans to move individual pieces of legislation that will make a difference, I will continue to work on a surface transportation reauthorization bill, and I will continue putting in the legwork to make the improvements to our nation’s infrastructure that Americans expect and deserve.”