[Congressional Record Volume 158, Number 25 (Wednesday, February 15, 2012)]
[House]
[Pages H739-H740]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WORST TRANSPORTATION AUTHORIZATION BILL IN OUR NATION'S HISTORY
(Mr. MORAN asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. MORAN. Madam Speaker, the House leadership is still scrambling to
find the votes to pass what everyone is coming to recognize as the
worst transportation authorization bill in this Nation's history. But
with gasoline prices approaching $4 a gallon, House Republicans are
falling back on their wrongheaded 2008 campaign slogan of ``Drill,
Baby, Drill.''
It's a cynical ploy, and assumes Americans think that the pain of
high
[[Page H740]]
gasoline prices is justifiable grounds to open restricted areas for
drilling and weaken protections that would ensure offshore drilling is
done in a safe and environmentally responsible manner.
The cold reality, however, is that this bill will not bring relief to
Americans suffering at the gasoline pump, and prosperous fishing and
tourism industries--real job creators--based in Bristol Bay, southern
California, the west coast of Florida, and Virginia will needlessly be
placed at risk.
And for what? Approximately $1.8 billion in new Federal revenue over
10 years. Not nearly enough to fund public transit or any other
meaningful part of a transportation infrastructure bill.
And the revenue generated by drilling off Virginia's coast: $40
million over 10 years. Our Governor says that's what's going to pay for
his transportation plan. It pays for nothing. Billions in economic
activity and tens of thousands of jobs would be put at risk for very
little in benefits.
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