[Congressional Record Volume 157, Number 194 (Friday, December 16, 2011)]
[House]
[Page H9800]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
NATION BUILDING
(Mr. HIGGINS asked and was given permission to address the House for
1 minute.)
Mr. HIGGINS. Mr. Speaker, yesterday we marked the end of the war in
Iraq. I join with all of my colleagues in expressing our gratitude to
those Americans who served when their country called. We owe it to our
returning veterans to do everything we can to make sure that the
economy they are returning to is strong and prosperous.
The United States spent $62 billion nation building in Iraq. The end
of the war will generate enough savings to put a downpayment on nation
building we need to do right here in America. An aggressive investment
in infrastructure, rebuilding our roads, bridges, rails, and water
systems can generate the economic activity we need to reduce
unemployment. A $1.2 trillion investment will create 27 million jobs
over 5 years. This growth will both reduce the debt and deficit.
We have deferred infrastructure investments in America for too long.
We get a D grade from the Society of Civil Engineers. The Chamber of
Commerce predicts $362 billion in lost growth over the next 5 years
will occur unless we repair our infrastructure.
Mr. Speaker, we need to do everything we can to ensure that our
returning veterans have an opportunity to work and to rebuild this
Nation right here at home.
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