[Infrastructure Spending]
New Jersey Rep. Frank Pallone: “There is no better way to strengthen our economy for the future than to modernize our badly aging infrastructure. This bold framework not only helps us rebuild our nation, it also combats climate change.”
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Today, the Chairs of three U.S. House Committees released a framework for a five-year, $760 billion investment in infrastructure that would address some of the country’s most urgent infrastructure needs, from addressing the massive maintenance backlog, to designing safer streets, to putting the U.S. on a path toward zero emissions from the transportation sector and increasing resiliency.
The framework put forth by Transportation and Infrastructure Committee Chair Peter DeFazio (D-OR), Energy and Commerce Committee Chair Frank Pallone (D-NJ), and Ways and Means Committee Chair Richard Neal (D-MA) would bolster the Federal role in order to help communities around the country undertake transformative projects that are smarter, safer, and made to last.
Among other things, the framework outlines major investments, including those in highways, rail, and transit systems, airports, ports and harbors, wastewater and drinking water infrastructure, brownfields, and broadband.
It’s infrastructure investment that is smarter, safer, and made to last – with a framework that:
- Brings existing infrastructure into a state of good repair and enables the completion of critical projects through long-term, sustainable funding.
- Sets a path toward zero carbon pollution from the transportation sector, creating jobs, protecting our natural resources, promoting environmental justice, and increasing resiliency to climate change.
- Ensures a transportation system that is green, affordable, reliable, efficient and provides access to jobs.
- Provides safe, clean, and affordable water and wastewater services. ü Prioritizes the safety of the traveling public. ü Helps combat climate change by creating good-paying jobs in clean energy, investing in energy efficiency and reducing greenhouse gas pollution.
- Expands broadband internet access, adoption for unserved and underserved rural, suburban, and urban communities.
- Modernizes 9-1-1 public safety networks.
- Creates family-wage jobs with Davis-Bacon and other strong worker protections.
- Supports U.S. industries, including steel and manufacturing, through strong Buy America protections.
“Our country has changed dramatically since the 1950s, yet people and goods are now literally stuck trying to move on transportation networks first developed nearly 70 years ago. It’s past time for transformational investments to make our infrastructure smarter, safer, and resilient to climate change, or else we will keep throwing money at an antiquated system that is only holding us and our economy back,” Chair DeFazio said. “The framework we released today is the launchpad we need to move forward on those transformational investments and curb carbon pollution. In the coming months, I look forward to continuing our work to make this framework a reality. The cost of inaction is too great.”
“There is no better way to strengthen our economy for the future than to modernize our badly aging infrastructure. This bold framework not only helps us rebuild our nation, it also combats climate change by reducing carbon emissions and moving us towards a clean energy future,” Chairman Pallone said. “It will also create good paying jobs, ensure that no community is left behind in the digital economy and help protect Americans’ drinking water. These are investments that we must make for the American people, and I look forward to moving this proposal forward.”
“Due to decades of underfunding and neglect, America’s infrastructure system is falling apart and we’re falling behind our global competitors. The deficiencies of our roads, bridges, transit, water systems, broadband, and electrical grids hold our nation’s economy back,” Chairman Neal said. “When we invest in infrastructure, it results in a significant economic multiplier – with each dollar spent, our nation becomes more competitive and prosperous. Democrats’ new infrastructure framework creates jobs, bolsters American industry, and builds the smart, safe connections between communities that our country needs to advance.”